CHALLENGES AND OPPURTUNITIES OF AGRIBUSINESS GROUPS
Author(s):
Manveer Singh, Dr.Ramandeep Singh
Keywords:
AGRIBUSINESS
Abstract
The agribusiness sector (particularly in the areas where it is linked to a specific country’s progress regarding the agricultural sector reform) is typically lagging behind other sectors. Fundamental forces affecting the Agribusiness are rivalry among existing competitors, threat of new entrants, bargaining power of suppliers, bargaining power of buyers, the threat of substitute products technology and other drivers of change. Agribusiness faces challenges from strategic uncertainty, processing, marketing, production (throughout), enabling environment and agricultural production input, innovation, assessing innovation (creativity and innovativeness) and structural change. Agribusiness has opportunities such as form a leadership group, tap into increased demand for food resources, add value to raw products, improve collaboration and communication, exploit aquaculture and other seafood opportunities, diversified farming and the existence of a trade deficit.
Article Details
Unique Paper ID: 142511

Publication Volume & Issue: Volume 2, Issue 2

Page(s): 202 - 208
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