Answer to Question #252164 in Management for jacjac

Question

What is the boundary between agribusiness and pure business?

Answer 1

The boundary between Agribusiness and pure business is that in Agribusiness, the process relates to commerce that is involved in farming or that produces farm inputs. For instance, in this business, there is farm machinery production, agrochemicals, and seed supply. Usually, the term agribusiness refers to big agricultural firms in comparison with self-governing, small farms. To cut the “story” short, it can be composed of big or small, corporate or independent companies. On the other hand, pure business is numerable, a certain commercial entity or establishment. Still, it is of, to, regarding or operated for the purpose of conducting trade, governance, commerce, advocacy, and much more.