AGRIBUSINESS
The business sector focuses on agricultural production, including farming, processing, and distribution.
agribusiness
It is an industry where the process of converting raw materials into finished goods involves various processes.
Manufacturing
What distinguishes retail businesses from service businesses?
Retail businesses sell physical products, while service businesses provide intangible services.
It is an industry where the exchange of goods and services between countries happens.
international trade
Name one impact of agribusiness on local communities.
It provides jobs, supports local economies, and supplies food to the community.
Identify one local manufacturing company and its main product.
Answers may vary
Name a benefit of supporting local retail businesses.
It keeps money within the community and helps create local jobs.
How does agribusiness contribute to sustainability?
Implement practices that reduce waste, conserve resources, and promote local farming.
How does manufacturing impact the local economy?
It creates jobs, stimulates economic growth, and can attract other businesses to the area.
How do service industries contribute to a community's quality of life?
They provide essential services like healthcare, education, and entertainment.
Explain how technology has changed the agribusiness industry.
Technology has improved crop yields, reduced labor costs, and enhanced food safety measures.
Describe the role of automation in modern manufacturing.
Automation increases efficiency, reduces production costs, and enhances product quality.
Discuss the impact of e-commerce on local retail stores.
E-commerce can increase competition and pressure local stores to adapt or innovate
Discuss a major challenge faced by agribusiness today.
Climate change, which affects crop production and food supply chains.
Analyze the environmental impacts of manufacturing.
Manufacturing can lead to pollution, resource depletion, and greenhouse gas emissions.
Evaluate the importance of customer service in retail.
Good customer service can lead to customer loyalty and repeat business, which is crucial for success.