Browsing by Author "Pierce, Timothy M."
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- Corporate Social Responsibility as a Business StrategyBovay, John; Pierce, Timothy M. (Virginia Cooperative Extension, 2021-02-12)Corporate Social Responsibility (CSR) dates back to the early 1900s and has become common in modern business models. As incomes have risen worldwide, consumers have begun to demand more products that are produced by firms that engage in CSR and market their commitments to it. This handout, which accompanies a webinar on 'Corporate Social Responsibility as a Business Strategy', provides an overview of the economics of CSR and why businesses may want to engage in it. The webinar and handout are part of the Virginia Sustainable Farms and Agribusiness Education Initiative offered by Virginia Tech's Department of Agricultural and Applied Economics and Virginia Cooperative Extension. More information about the program is available at https://aaec.vt.edu/extension/va-sustainable-farms-agribusinesses.html
- Economics of Farm and Agribusiness SustainabilityBovay, John; Pierce, Timothy M. (Virginia Cooperative Extension, 2021-02-25)Consumer demand for food grown using sustainable farm practices is at an all-time high (Nielsen, 2018). This is compelling farmers to explore various options to improve sustainability. This handout, which accompanies a webinar on 'Business Goals and Sustainability', provides an overview of the economics of farm and agribusiness sustainability. The webinar and handout are part of the Virginia Sustainable Farms and Agribusiness Education Initiative offered by Virginia Tech's Department of Agricultural and Applied Economics and Virginia Cooperative Extension. More information about the program is available at https://aaec.vt.edu/extension/va-sustainable-farms-agribusinesses.html
- Implementing Pricing StrategiesPierce, Timothy M. (Virginia Cooperative Extension, 2021-03-01)Many things will influence how producers and sellers choose prices for their products. Most importantly, available pricing strategies will be determined by the market that the product is sold in. Some markets are highly competitive while others have little or no competition. Understanding how these market forces affect pricing strategies is the first step. This handout describes the fundamentals of pricing strategies in different types of markets.