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Ag Marketing

Unit 1 introduction To Agricutural Marketing

QuestionAnswer
an area of marketing that deals with marketing agricultural inputs (supplies and services) Agribusiness Marketing
supplies and services used in production agriculture Agricultural Input
marketing the food and fiber products produced on farms and ranches; also known as agricultural marketing Agrimarketing
the difference in monetary value of a nation’s imports and exports Balance of Trade
agricultural products that can be traded, such as wheat, corn, and cattle Commodity
users of goods and services; often considered to be the people who buy or use food and clothing–everyone Consumer
buying and selling using the internet E-Commerce
the exchange of goods and services among nations; trade across international boundaries International Trade
the gathering together of people for the purpose of trade by purchase and sale Market
the process of satisfying human demand by providing desired goods in the proper form at the proper time and place Marketing
the amount of money a buyer will pay for a commodity, service, supply, or other tangible or intangible item Price (equilibrium price)
the interaction of buyer and seller in market relations to establish Supply and Demand
Created by: rhorn