Agribusiness test 1 VERIFIED 100% QUESTIONS AND ANSWERS

Agribusiness test 1 financial management - correct answers the ____ of a business, agency, household, or another economic unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk micro focus - correct answers financial management has a strong _______ but it also occurs within a setting of financial markets, institutions, and public policies annual - correct answers the ______ cycle is common in farming and ranching unanticipated variations in agricultural production and in commodity and resource prices uncertainties about personnel and contractual performance unanticipated changes in technology and changed in the firms legal environment - correct answers list traditional business risks in agriculture business and financial - correct answers ____________ risks and _______ risks are attributed to borrowing and leasing to bring strong challenges in risk management to farmers and heir lenders establishment of business growth in income generating capacity consolidation and maturation of the business transfer to new ownership and or management - correct answers the life cycle effect strengths weakness opportunity threats - correct answers SWOT commercial banks the farm credit system life insurance companies government agencies - correct answers the major institutional sources of loan funds for US agriculture include: relatively small business but with increasing consolidation high proportion of capital assets required such as land, buildings, and equipment