AGRICULTURAL BUSINESS
Definition: Agric-business is a business that earns most or all of its revenue from agriculture.
Agric-business tends to be a large scale business operation and may dabble farming, processing and manufacturing, and/or the packaging and distribution of farm products. It is basically the business of farming. Agric-business also entails the production, processing, supply of food, trading in farm equipment, machinery, agro-chemicals, suppliers, import and export of agricultural product.
Characteristics of Agric-business
(i) Scale of operation: Agric-business is practice on a large scale.
(ii) It has both vertical and horizontal integration: A company might own a facility that processes frozen vegetables along with a controlling share in farms which may produce these vegetables and companies which provide personnel to harvest and transport them.
(iii) It is run as true business: Agric-business is run like a true business with administrators rather than farmers at the helm of companies in the agricultural business allow the business to keep food costs low. This is an important priority for many consumers and government.
CRITICISM OF AGRIC-BUSINESS
One major criticism of Agric-business is that it has been to successful, driving down price points and forcing small farms out of business as they cannot compete with big farms or firms.
- how copopulation
WEED AND THEIR BOTANICAL NAMES
1. ENVIRONMENTAL FACTORS AFFECTING AGRICULTURAL PRODUCTION
2. DISEASES
3. 52. SOIL MICRO-ORGANISMS
4. ORGANIC MANURING
5. FARM YARD MANURE
6. HUMUGRAZING AND OVER GRAZING
10. IRRIGATION AND DRAINAGES
7. COMPOST
8. CROP ROTATION
9.
11. IRRIGATION SYSTEMS
12. ORGANIC MANURING
13. FARM YARD MANURE
14. HUMUS
15. COMPOST
16. CROP ROTATIONIRRIGATION AND DRAINAGE
19. IRRIGATION SYSTEMS
20. INCUBATORS
21. MILKING MACHINE
22. SIMPLE FARM TOOLS
23. AGRICULTURAL MECHANIZATION
24. THE CONCEPT OF MECHANIZATION
25. PROBLEMS OF MECHANIZATION
