question: what strategies can small farmers use to better compete in a challenging market environment?

Small farmers are an integral part of society. They produce food, provide rural employment, and contribute to diversity in both ownership and societal structure. However, they are also faced with a number of struggles, particularly when it comes to market entry and competition with large-scale agribusiness. To address these issues and maintain profitability, small farmers must be …

question: what are small farms, how do they contribute to society, and what challenges are they faced with?

Producing a vast amount of the world's food, small farms are valuable assets that contribute to long-term economic sustainability and food security. What actually constitutes a small farm is hard to specify as there are extreme variations in societal structure, ergo many definitions exist. In the United States, a small farm is defined as any …

question: what are networks and how are they classified?

At the most basic level, a network is any connection between different components of a given system. The way by which the connection functions is dependent on the network variety, inclusive of the types of relationships that exist between the nodes, i.e. the people and organizations participating in the network. Relationships that do develop are …

the principal-agent problem: what it is, why it’s important, and how it can be solved

The principal-agent problem is a common problem that arises whenever there is a contractual relationship between two parties - the principal, who in accordance with agreed upon terms, assigns a task to an agent, who then executes the task for the principal. It is expected that the agent will work on the behalf of the principal. Likewise, …

what value chains are and how they can optimize economic efficiency

First introduced in 1985 by Michael Porter, the value chain concept is understood as the process by which value is added to raw materials via various production processes in order to generate a final product that can be sold for a higher price. The main components of value chains are inbound logistics, operations, outbound logistic, marketing …

the food system approach: assessing food security from a holistic perspective

“The world now produces enough food to feed its population. The problem is not simply technical. It is a political and social problem. It is a problem of access to food supplies, of distribution, and of entitlement. Above all, it is a problem of political will.” -Boutros Boutros-Ghali, November 1993 925 million people were food …

institutions: what they are, why we need them and how they shape our everyday lives

It is a common practice in the United States to sing Happy Birthday to a person when they survive another year on this planet. However, in China, birthday celebrations commonly take the form of elaborate banquets and are reserved for the very young or very old. Despite being obviously divergent practices, they are both considered …