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Based on my readings and insights after reporting
of our topic was done “The Agribusiness Systems Concepts”, Agribusiness has so
many sectors that can help expand the views of people and can develop concepts
about the field of business. Me as a citizen of this country, you cannot
develop these concepts if you don’t really know what is agribusiness is all
about. Based on my reading, Agribusiness
can be defined as an art and as a science when you handle or owning an
enterprise. In my own insight, agribusiness can be defined as an art is because of set of activities
that can help develop skills of a person that can help any business that you
are willing to build up. Agribusiness can be defined as a science is because you are using this set of activities and
skills with an objective, analysis and gathering information to form a concept
that can help in any situation in the business world.  Agribusiness can be defined as a concept because agribusiness is made up
of different industries or commodities in which you aim for a gainful business that
can satisfy the needs of the consumers by using those sets of activities with
an objective why doing such business in a particular commodity. Agribusiness as
a system, I have read about this
sector called the “Agricultural Input Sector” which for me is the provider of all
the inputs that are needed by another sectors called Food Production Sector for
producing good quality of products and Manufacturing and Processing sector as
the manufacturer of all processed products with the use of the concept of “Marketing”
for the distribution of food and products for the consumers. I also read about
the systems in agribusiness that there are 5 major subsystems. Namely, the
Input subsystem, which I said earlier that the provider of the inputs that are
needed for processing while production subsystem, which for me as the
manufacturer of raw materials that the input subsystem provides. Another subsystem
is called Processing subsystem which for me serves as the processor that can
manipulate the different commodities when the production is provided with the
needs in producing such products. After processing, the marketing subsystem
will take place where it serves as the distributor or the concept of
transferring products from producer to consumers. The last subsystem is the
supporting subsystem which for me serves as the key players in the business
world. Like for example when I put up a business for broiler commodity, I have
to consider the key players to support my commodity such as the source of
feeds, source for my stocks, agencies that supports broiler and other things
that can affect your business either in positive or in negative way. I also
read about the Management Aspect in agribusiness which for me has also a big
role in business world because it can also greatly affect the business when you
don’t know how to manage your business or in a particular situation that your
decision makings will be tested that can affect the entire business. The agribusiness
also has the Marketing System which for me serves as the main distributor of
the products and for the consumption of the products.

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I'm Erica!

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