Question
What type of agricultural marketing system involves a
single intermediary who buys products from farmers and sells them to retailers or consumers?Solution
The traditional marketing system involves a single intermediary, such as a local trader or broker, who buys agricultural products from farmers and sells them to retailers or consumers. This system is common in traditional, less structured agricultural markets.
Calculate Proprietary Ratio
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Based on the above information, what will be the operating profit margin of the company?
