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Ag Marketing
Unit 1 introduction To Agricutural Marketing
| Question | Answer |
|---|---|
| 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
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