{"id":302,"date":"2020-07-02T02:48:51","date_gmt":"2020-07-01T20:48:51","guid":{"rendered":"https:\/\/agribusinessedu.com\/?p=302"},"modified":"2023-09-19T00:11:00","modified_gmt":"2023-09-18T18:11:00","slug":"agribusiness-in-bangladesh-a-basic-introduction","status":"publish","type":"post","link":"https:\/\/agribusinessedu.com\/agribusiness-in-bangladesh-a-basic-introduction\/","title":{"rendered":"Agribusiness in Bangladesh \u2013 A Basic Introduction"},"content":{"rendered":"<h1><span style=\"color: #000000;\"><strong>Agribusiness:<\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">Agribusiness is doing business with agricultural products.\u00a0 Agribusiness is a term that bridges Agriculture and Business. In 1950, the term was first introduced by <a style=\"color: #000000;\" href=\"https:\/\/www.hbs.edu\/Pages\/default.aspx\">Harvard Business School (HBS)<\/a> Professors Ray Goldberg and John Davis. Agribusiness in Bangladesh is a new dimension.<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Macro-Economic Objective:<\/strong><\/span><br \/>\n<span style=\"color: #000000;\">Major macroeconomic objectives of this sector are below:<\/span><\/h3>\n<ul>\n<li><span style=\"color: #000000;\">Employment generation<\/span><\/li>\n<li><span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/agribusinessedu.com\/role-of-agribusiness-to-reduce-poverty\/\" target=\"_blank\" rel=\"noopener\">Poverty alleviation<\/a><\/span><\/li>\n<li><span style=\"color: #000000;\">Human resources development<\/span><\/li>\n<li><span style=\"color: #000000;\">Food security<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/agribusinessedu.com\/what-is-agribusiness\/\" target=\"_blank\" rel=\"noopener\">Agribusiness<\/a> is of critical importance to a country under all conditions at each stage in its development. Agribusiness is an intricate venture that integrates agricultural farming, value-added processing, <a style=\"color: #000000;\" href=\"https:\/\/www.packagingchimp.co.uk\/\">packaging &amp; delivery<\/a> activities. With the enlargement of global demand for agribusiness products, demand for these agribusiness factors also enhanced for the time being.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>You may read: <a style=\"color: #000000;\" href=\"https:\/\/agribusinessedu.com\/what-is-agribusiness\/\" target=\"_blank\" rel=\"noopener\">What is Agribusiness?<\/a><\/strong><\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Agribusiness Sectors with its Importance:<\/strong><\/span><br \/>\n<span style=\"color: #000000;\">In Bangladesh, Agribusiness sectors are associated with four sectors<\/span><\/h3>\n<ul>\n<li><span style=\"color: #000000;\">Input sector<\/span><\/li>\n<li><span style=\"color: #000000;\">The commercial farm production sector<\/span><\/li>\n<li><span style=\"color: #000000;\">Product sector and<\/span><\/li>\n<li><span style=\"color: #000000;\">Service sector.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">Others relating to Agribusiness sectors are &#8211; Business service, Crops, Livestock, Poultry, Fisheries, Agro-Forestry, Agro-processing, Agro-inputs, Agricultural Education, etc.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>You may read: <a style=\"color: #000000;\" href=\"https:\/\/agribusinessedu.com\/agribusiness-how-it-works\/\" target=\"_blank\" rel=\"noopener\">Agribusiness how it works?<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">Leading Agribusiness companies in Bangladesh are ACI Agribusiness, Pran Group, Krishibid Group, Ifat Group, Akij Group. Kaji Group, Square Group, Supreme Seeds, Isphahani Group, etc.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>You may read: <a style=\"color: #000000;\" href=\"https:\/\/agribusinessedu.com\/what-is-smart-agribusiness\/\" target=\"_blank\" rel=\"noopener\">What is Smart Agribusiness?<\/a><\/strong><\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Agribusiness and Bangladesh:<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Bangladesh is primarily an agricultural country subjugated by crop production. As a developing country, it has been determined for the rapid development of its economy. For ensuring large and densely growing population food security and livelihood, Agriculture and Agribusiness play a vital role. The performance of this sector has a great impact on macroeconomic situations like employment generation, poverty alleviation, food security, and nutritional attainment, etc. Economic development is inextricably linked with the performance of the Agribusiness sector. The overall performance of the economy is, therefore, yet inextricably linked to the performance of the agribusiness as well as the agricultural sector. With the intention of ensuring long-term food security for the people, a profitable, sustainable, and environment-friendly agribusiness system is essential for Bangladesh.<\/span><\/p>\n<p><span style=\"color: #000000;\">Agribusiness shows collective business activities. Agribusinesses work on inputs into outputs. An input is a resource used in the production process. The output is the result of the production process. Agribusiness actually makes available agricultural inputs, the production, and conversion of agricultural products. For the production of food and fiber, it accumulates all the activities within the agricultural food and natural resource industry.<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Job opportunities for Agribusiness in Bangladesh:\u00a0<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Agribusiness not only provides people with food, clothing, and shelter but also provides jobs for millions of people involved in science, research, engineering, education, advertisement, government agenda, and their supply to ultimate trade organizations and commodity organizations. Agribusiness has a great contribution to the public and private sectors as well. The public sector is dealing with the financial, administrative, and managerial roles with the delivery of goods and services by and for the government; say for example &#8211; the department of agricultural marketing (DAM) of Bangladesh is associated with Agribusiness. The private sector is an integral part of the economy of any country connected with private profit and is not controlled by the government, except in some countries.<\/span><\/p>\n<p><span style=\"color: #000000;\">At present, Agribusiness is one of the most important sources of employment and income globally. Raw materials that are frequently perishable, variable in quality, and not usually available are associated with Agribusiness. Traditional production and distribution methods are being replaced by more directly interconnected and better-planned linkages between firms, farmers, retailers, and others in the <a style=\"color: #000000;\" href=\"https:\/\/agribusinessedu.com\/inclusive-market-development-imd-for-agribusiness\/\">agribusiness supply chain<\/a> for ensuring consumer safety and environmental protection as well.<\/span><\/p>\n<p><span style=\"color: #000000;\">#agribusiness #agribusinessbasics #agriculture #foodsecurity #farming #ranching #foodprocessing #distribution #retail #agcareers #agtech #sustainableag<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Contact:\u00a0<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">If you have any questions, thoughts, or suggestions, please contact us or join our social media networks.\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Email us:\u00a0<\/strong> agribusinessedu@gmail.com, info@agribusinessedu.com<\/span><\/p>\n<p><span 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Affecting Variables or Supply Determinants &#8211; Agribusiness Education and Research International<\/a><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agribusiness: Agribusiness is doing business with agricultural products.\u00a0 Agribusiness is a term that bridges Agriculture and Business. In 1950, the term was first introduced by Harvard Business School (HBS) Professors Ray Goldberg and John Davis. Agribusiness in Bangladesh is a new dimension. Macro-Economic Objective: Major macroeconomic objectives of this sector are below: Employment generation Poverty [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":380,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[140,287,143,141,134,142],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agribusiness in Bangladesh \u2013 A Basic Introduction - Agribusiness Education and Research International<\/title>\n<meta name=\"description\" content=\"Agribusiness importance in Bangladesh. 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