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What does starting inventory mean
What is the stuff you start with
what is vertical integration
linki
what is equity in a business
the value of a persons total value minus debt
what are the 5 P's of marketing
Product price place promotion and people
how many people can one worker provide food for
150 people
what does cash expense mean
what is the money you have to spend
what is a competitor
a person competing with your business
what is an enterprise budget
a projected cost and return for a specific item
what is a trial close
trying to sell a product at the earliest point
what is the role of input suppliers
to provide seed and important things
what is agribusiness
what is a business that gets all of its money from ag
what is variable cost
a cost that varies with quality
what does a debt to equity ratio of 1.0:1 mean
debt equal equity
what is market segmentation
grouping customers with different traits
what was the life expectancy before modern ag
about 25 years old
what is a farm according to USDA definition
any operation with $1000 or more from agriculture
what is a partial budget
a budget analyzing the effect of a change
what is a margin call
a demand for funds to bring account equity back
what is a selling aid
a tool to help and item to large for the presentation room
what is a cooperative
an incorporated business owned by members
what is vertical integration
linking successive stages to create one entity to make decisions
what is a cash flow budget used for
to monitor the timing of cash inflow
How much does every dollar spent go to farmers
about 17%