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1. Diversification of Markets: Export promotion facilitates the exploration and penetration of new international markets, reducing dependence on a single market. This diversification enhances a nation’s resilience to economic fluctuations in specific regions or industries. 2. Technological Advancement: The need to meet international standards and compete globally drives industries to adopt advanced technologies and processes. […]
Definition: Export promotion are government policy measure which encourages export activities at all levels. Export promotion starts with the production of the export product and ends with consumption of such product outside the country. It involves the following: Identification of the country’s export resources or potentials such as in agriculture. Exploitation of the export resource. […]
Animal improvement, also known as animal breeding or genetic improvement, refers to the systematic process of selecting and mating animals with desirable traits in order to enhance the genetic makeup of a population. The goal of animal improvement is to produce offspring that exhibit improved performance, productivity, and overall quality compared to the previous generations. […]
The stock exchange (capital market) is divided into two types These are the Primary market and Secondary market. Primary Market This is also called the new issue market (NIM). it is a capital market where newly issued securities are offered to the public. In a primary market, a transaction (buying and selling of securities) takes […]
There are several types of people involved in the stock exchange and the broader financial markets. Here are some key players: 1. Investors Individuals or institutions that buy and sell stocks, bonds, and other financial instruments with the goal of making a profit. They can range from small individual investors to large institutional investors such […]
A stock exchange is an organized market where stock broker s and traders can buy and sell stocks (also called shares), bonds and other securities. It is also called capital market, stock market or share market. Buyers and sellers come together to trade during specific hours on business days. Hence a stock exchange is a […]
What is a Farm record? Farm records refer to the systematic documentation and organization of various information related to agricultural operations and activities on a farm. These records are essential for effective farm management, decision-making, financial planning, and complying with regulatory requirements. Farm records can be maintained in both physical and digital formats, depending on […]
Bookkeeping is the recording on a day-to-day basis, of financial transactions and information pertaining to a business. It ensures that records of individual financial transactions are correct, up-to-date and comprehensive. Accuracy is therefore vital to the process. Bookkeeping provides the information from which accounts are prepared. It is a distinct process that occurs within the […]
Farm records are essential for the effective management and success of any agricultural operation. They provide systematic and organized documentation of various aspects of the farm’s activities, resources, and performance. Here are some key reasons highlighting the importance of farm records: 1. Decision-making: Accurate and up-to-date farm records serve as a valuable source of information […]
DIRECT ADVERTISEMENT Direct marketing is a form of advertising which allows businesses and nonprofit organizations to communicate directly to customers through a variety of media including cell phone text messaging , email, websites, online adverts, database marketing, fliers, catalog distribution, promotional letters and targeted television, newspaper and magazine advertisements as well as outdoor advertising. […]
INFORMATIVE ADVERTISING Informative advertising is the delivery of advertising messages through mass media with the intent of informing a target market about the benefits offered by a new product or innovation. COMPETITIVE ADVERTISING What is competitive advertising? Promotional technique in which an advertiser claims the superiority of its product over competing product(s) by direct […]
Advertising is widely used to promote a product or a service. Value-added agriculture is no exception. In fact, value-added agriculture provides some unique advertising opportunities and challenges. Advertising is controlled communication about a product. Definition of Product Advertising Product advertising is any method of communication about the promotion of a product in an attempt to […]
What is Branding? A brand is the combination of a name, words, symbol, or design that identifies the product and a company and differentiates it from the competition. Branding serves as a way for consumers to quickly and easily identify one product from another and to associate them with quality attributes related to the brand […]
Packaging is the technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a coordinated system of preparing goods for transport, warehousing, logistics, sale, and end use. Packaging contains, protects, preserves, transports, informs, and sells. Advantages […]
Animal disease, an impairment of the normal state of an animal that interrupts or modifies its vital functions. African horse sickness African horse sickness (AHS) is a highly fatal, non-contagious, infectious disease, of horses, mules and donkeys caused by AHS virus. African swine fever African swine fever (ASF) is a haemmorhagic fever of domestic […]
FARM ANIMALS (Identification and types) Farm animals are animals which are domesticated and reared by man. They are generally referred to as livestock. Examples are cattle, sheep, goat, poultry, rabbit, camel, horse, donkey, grass cutter, fish, snail etc. Types of farm animals Farm animals have different features and are useful for different purpose. Some animals […]
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