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Entrepreneurship in farming
Differentiation is created by:
• The
nature of the product;
• The information farmers
have about their buyers;
• The
way the product is presented;
• The way it is distributed.
Integrating: There are two kinds of integration, horizontal
and vertical. Vertical integration is where the farm
controls or is involved in one or more ‘links’ in the value
chain. The farm may integrate ‘forward’ into processing
products, or ‘backwards’ into supplying inputs.
Horizontal integration is where the farm joins with
other farms to produce the same product.
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