on my readings and insights after we reported of our topic “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.

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I'm Colleen!

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