Which statement indicates the impact of globalization on the African farming community? Agriculture is the major occupation for the majority of the people in an African village. However, due to (irregular, scant rainfall), the farmers are incurring huge losses, as many crops are destroyed due to the lack of water. This farming community also (lacks access to fertilizers and hybrid seeds) to improve the production of the existing crops. On the other hand, the village is (endowed with good quality soil), which is suitable for growing many crops. An international agro-processing firm wants to set their unit near this village due to easy and cheap availability of labor. Therefore, they (provide these farmers modern irrigation facilities, fertilizers, and hybrid seeds). Use of these modern methods leads to an increase in crop production.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which statement indicates the impact of globalization on the African farming community? Agriculture is the major occupation for the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Hot and Cold has annual sales of $847,000, annual depreciation of $47,000, and net working capital of $43,000. The tax rate is 21 percent and the profit margin is 7.3 percent. The firm has no interest expense.
Answers (1)
The difference between a $20,000 and $30,000 annual salary over a lifetime
Answers (1)
Which statement regarding strategies is true? A. Strategies facilitate hierarchies. B. Strategies are simple. C. Strategies facilitate objectives. D. Strategies are complex.
Answers (1)
Stacy sent a memo to one hundred employees about a new medical plan the company was offering. The enployees would need to complete some forms to take advantages of the new plan. She found that many people did not even read the memo. Stacy should
Answers (1)
This firm operates in a monopolistic competitive industry. When the firm maximizes its profits: a. How much output does it produce and why? b. How much do consumers pay for a unit of the good? How much does the unit cost on average to the firm? c.
Answers (1)
New Questions in Business
All of the following are examples of facility level costs except: Select one: a. Costs of cleaning the workplace. b. Costs of custodial work. c. Costs of personnel support. d. Costs of receiving shipments. e. Costs of providing electricity.
Answers (1)
The law of supply states that a. as prices rise, so will supply and vice versa. b. as prices fall, supply will rise and vice versa. c. as prices rise, supply will fall and vice versa. d. as prices rise, supply will stabilize and vice versa.
Answers (1)
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers toform a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided.
Answers (1)
On March 1, Marin sold merchandise on account to Amelia Company for $22,400, terms 2/10, net 45. On March 6, Amelia returns merchandise with a sales price of $1,200. On March 11, Marin receives payment from Amelia for the balance due.
Answers (1)
Predict weekly gross revenue (in dollars) for a week when $3,600 is spent on television advertising and $1,800 is spent on newspaper advertising. (Round your answer to the nearest cent.)
Answers (1)