week 5 Flashcards

1
Q

what are the 4 managerial functions?

A

marketing, finance, human ressources, operations

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2
Q

old agriculture view:

A

concentred on selling undiffentiated commodities to anonymous buyers

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3
Q

new agriculture view

A

selling differentiated products in connection with the buyers
“rethink” the description of their market/operations beyond the number of hectares farmed, the type of crops grown, and livestock raised.
focus on individual markets

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4
Q
A
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