Agribusiness Value Chain
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Agribusiness Value Chain
Agricultural value chain is the integrated range of goods and services (value chain) necessary for an agricultural product to move from the producer to the final consumer. The concept has been used since the beginning of the millennium, primarily by those working in agricultural development in developing countries, although there is no universally accepted definition of the term. Background The term value chain was first popularized in a book published in 1985 by Michael Porter, who used it to illustrate how companies could achieve what he called “competitive advantage” by adding value within their organization. Subsequently, the term was adopted for agricultural development purposes and has now become very much in vogue among those working in this field, with an increasing number of bilateral and multilateral aid organisations using it to guide their development interventions. At the heart of the agricultural value chain concept is the idea of actors connected along a c ...
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Value Chain
A value chain is a progression of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, ''Competitive Advantage: Creating and Sustaining Superior Performance''. The concept of value chains as decision support tools, was added onto the competitive strategies paradigm developed by Porter as early as 1979. In Porter's value chains, Inbound Logistics, Operations, Outbound Logistics, Marketing and Sales, and Service are categorized as primary activities. Secondary activities include Procurement, Human Resource management, Technological Development and Infrastructure . According to the OECD Secretary-General the emergence of global value chains (GVCs) in the late 1990s provided a catalyst for accelerated change in the landscape of international investment and trade, ...
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Governance
Governance is the process of interactions through the laws, norms, power or language of an organized society over a social system ( family, tribe, formal or informal organization, a territory or across territories). It is done by the government of a state, by a market, or by a network. It is the decision-making among the actors involved in a collective problem that leads to the creation, reinforcement, or reproduction of social norms and institutions". In lay terms, it could be described as the political processes that exist in and between formal institutions. A variety of entities (known generically as governing bodies) can govern. The most formal is a government, a body whose sole responsibility and authority is to make binding decisions in a given geopolitical system (such as a state) by establishing laws. Other types of governing include an organization (such as a corporation recognized as a legal entity by a government), a socio-political group (chiefdom, tribe, ...
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Agricultural Extension
Agricultural extension is the application of scientific research and new knowledge to agricultural practices through farmer education. The field of 'extension' now encompasses a wider range of communication and learning activities organized for rural people by educators from different disciplines, including agriculture, agricultural marketing, health, and business studies. Extension practitioners can be found throughout the world, usually working for government agencies. They are represented by several professional organizations, networks and extension journals. Agricultural extension agencies in developing countries receive large amounts of support from international development organizations such as the World Bank and the Food and Agriculture Organization of the United Nations. Extension terminology The use of the word 'extension' originated in england in 1866.Modern extension began in Dublin, Ireland in 1847 with Lord Clarendon's itinerant instructors during the great famin ...
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Application Software
Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a communications network * Function application, in mathematics and computer science Processes and documents * Application for employment, a form or forms that an individual seeking employment must fill out * College application, the process by which prospective students apply for entry into a college or university * Patent application, a document filed at a patent office to support the grant of a patent Other uses * Application (virtue), a characteristic encapsulated in diligence * Topical application A topical medication is a medication that is applied to a particular place on or in the body. Most often topical medication means application to body surfaces such as the skin or mucous membranes to treat ailments via a large range ...
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Factoring (finance)
Factoring is a financial transaction and a type of debtor finance in which a business ''sells'' its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount.O. Ray Whittington, CPA, PhD, "Financial Accounting and Reporting", Wiley CPAexcel EXAM REVIEW STUDY GUIDE, John Wiley & Sons Inc., 2014 A business will sometimes factor its receivable assets to meet its present and immediate cash needs.The Wall Street Journal, "How to Use Factoring for Cash Flo small-business/funding. Forfaiting is a factoring arrangement used in international trade finance by exporters who wish to sell their receivables to a forfaiter.Please refer to the Wiki article forfaiting for further discussion on cites. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable. The C ...
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Open Knowledge Repository
The Open Knowledge Repository is the official open-access repository of the World Bank and features research content about development. It was launched in 2012, alongside the World Bank's Open Access Policy and its adoption of the Creative Commons Attribution (CC BY) license for all research and knowledge products that it publishes, which collectively made the World Bank the first international organization to completely embrace open access. The repository collects the intellectual output of the World Bank in digital form, disseminates it, and preserves it long-term. Contents The Open Knowledge Repository features books, reports, serials, technical papers, working papers, and work studies. Among its contents are World Bank Group ''Annual Reports'' and ''Independent Evaluation Studies'', books published by the World Bank Group, '' World Development Reports'', and articles published in the journals ''World Bank Economic Review'' and ''World Bank Research Observer''. The repository ...
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Committee On Sustainability Assessment
The Committee on Sustainability Assessment (COSA) is a global consortium of development institutions that work collaboratively to advance sustainability learning with its systematic and science-based measurement. COSA applies a pragmatic and collective approach for using scientific methods to develop indicators, tools, and technologies to measure the distinct social, environmental, and economic impacts and are applied in performance monitoring, evaluation, ROI calculation, and impact assessment. COSA has a public mission to open its scientific methods and metrics up to widespread use. COSA's approach and indicators have a basis in internationally recognized accords and normative references such as those of the International Labour Organization, the World Health Organization Guidelines for Water Quality, the International Finance Corporation, the United Nations Global Compact, Rio Declaration on Environment and Development, UN Framework Convention on Climate Change, and the Univ ...
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Brundtland Commission
The Brundtland Commission, formerly the World Commission on Environment and Development, was a sub-organization of the United Nations (UN) that aimed to unite countries in pursuit of sustainable development. It was founded in 1983 when Javier Pérez de Cuéllar, the Secretary-General of the United Nations, appointed Gro Harlem Brundtland, former Prime Minister of Norway, as chairperson of the commission. Brundtland was chosen due to her strong background in the sciences and public health. The Brundtland Commission officially dissolved in 1987 after releasing '' Our Common Future'', also known as the ''Brundtland Report''. The document popularized the term "sustainable development" and won the Grawemeyer Award in 1991. In 1988, the Center for Our Common Future replaced the commission. History Before Brundtland Ten years after the 1972 United Nations Conference on the Human Environment, a number of global environmental challenges had not been adequately addressed. During the ...
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Our Common Future
__NOTOC__ ''Our Common Future'', also known as the Brundtland Report, was published on October 1987 by the United Nations through the Oxford University Press. This publication was in recognition of Gro Harlem Brundtland's, former Norwegian Prime Minister, role as Chair of the World Commission on Environment and Development (WCED). Its targets were multilateralism and interdependence of nations in the search for a sustainable development path. The report sought to recapture the spirit of the Stockholm Conference which had introduced environmental concerns to the formal political development sphere. ''Our Common Future'' placed environmental issues firmly on the political agenda; it aimed to discuss the environment and development as one single issue. The document was the culmination of a "900-day" international exercise which catalogued, analysed, and synthesised written submissions and expert testimony from "senior government representatives, scientists and experts, research ...
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Contract Farming
Contract farming involves agricultural production being carried out on the basis of an agreement between the buyer and farm producers. Sometimes it involves the buyer specifying the quality required and the price, with the farmer agreeing to deliver at a future date. More commonly, however, contracts outline conditions for the production of farm products and for their delivery to the buyer's premises.
Contract Farming Resource Centre, FAO, Rome, 2008.
The farmer undertakes to supply agreed quantities of a crop or livestock product, based on the quality standards and delivery requirements of the purchaser. In return, the buyer, usually a company, agrees to buy the product, often at a price that is established in advance. The company often also agrees to support the farmer through, e.g., supplying inputs, assisting with land preparation, providing ...
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PG Tips
PG Tips is a brand of tea in the United Kingdom manufactured by Ekaterra. Brand name In the 1930s, Brooke Bond launched PG Tips in the tea market in the United Kingdom under the name ''Pre-Gestee'' - a variant of the original name "Digestive Tea." The name implied that it could be drunk as a digestive aid prior to eating food. Grocers and salesmen abbreviated it to "PG." After the Second World War, labelling regulations ruled out describing tea as aiding digestion—a property that had been attributed to tea—and by 1950/1 the PG name was adopted. The company added "Tips" referring to the fact that only the tips (the top two leaves and bud) of the tea plants are used in the blend. Products The Brooke Bond name has now been dropped from all packaging and the product is now known as PG Tips. PG Tips is available as loose tea, tea bags, and in vending formats. A "Special Blend" tea, which is the same as the tea blended for the brand's 75th anniversary, is available in t ...
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