Question: Question 1 1.1 Define the term value adding and its importance. [30 marks] 1.2 Explain the commodities-products concept in value adding. 1.3 briefly analyse three

Question 1 1.1 Define the term "value adding" and

Question 1 1.1 Define the term "value adding" and its importance. [30 marks] 1.2 Explain the commodities-products concept in value adding. 1.3 briefly analyse three agribusiness systems Question 2 2.1 discuss the risk management techniques in agribusiness [40 mark] 2.2 Explain the term "Credit" and the purpose for which it is being offered. 2.3 Mention the important things that the bank considers when offering a credit. Question 3 [30 marks] 3.1 Explain the importance of price determination and other aspects to be considered when price decisions are made. 3.2 Discuss in detail the two methods of pricing strategies in agribusiness

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