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. In my opinion having the
concept of the agribusiness, you also have to be open that any opportunities to
improve or to expand your views about business using the new trends, advance
technology and other things that have been influenced by the technology because
nowadays technology changes from time to time.

                     For my overall assessment about
this topic, these concepts in agribusiness can be a very big help to those
people who are planning to run a business enterprise in a particular commodity.
It can widen the knowledge of people that are fond with business which can also
broaden their views about business. It also can help those people in decision
makings and to overcome any situations in a particular business. And also with
the help of the systems that are existing in the business world. When you have
the mindset of using these systems in a business, you are more risk-taker and
also aware of the circumstances that are occurring in the business world.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now