Reference no: EM133635682
Homework: Market Planning
The food and fiber supply chain is large, broad, and complicated. Understanding the supply chain will help you better understand the various markets and how marketing efforts must adapt to reflect specific areas within the chain. In this homework, you can learn more about a specific area of the supply chain that interests you.
Research a segment of the food and fiber supply chain that interests you. It may be an area you see yourself working in someday or an area you want to learn more about. There are many possibilities. Some of these include (as they apply to food and fiber):
1) Fertilizer manufacturers
2) Fertilizer retailers
3) Chemical manufacturers (pesticides)
4) Financial institutions
5) USDA
6) Farmers and ranchers
7) Meat processors
8) Fruit and vegetable processors
1) Warehouse and transportation
2) Foodservice
3) Restaurants
4) Grocery stores / retail outlets
5) Consumer advocacy groups
6) Business Analytics
7) Accounting / Legal
As you learn more about the segment, summarize its key aspects about it. You might include:
Question A. Segment size, e.g., how many companies work in the segment, how many people are employed in the segment, how much money is generated in the segment
Question B. Key "players" in the segment. What are the names of companies I might recognize operating in this segment? Which companies in the segment are seen as "innovators?" What are some of the "up-and-coming" companies represented in this segment?
Question C. Factors that are influencing the segment. What factors have caused the segment to change or may make it change moving forward? Are there examples you can provide that illustrate these forces?