Tuesday, September 30, 2008

What is the industrial or agricultural profile of a country?

Industrial or agricultural profiles of a country gives us an in-depth analysis of the state of industries or agriculture in that particular country. This information (or profile) enables decision makers in making strategic decisions. The profile details the various components or constituents of the industry or agriculture, its current status, and future trends in comparison to competitors. 


For example, the agricultural profile of a country will include the major crops that are grown, the trend in productivity (using past and current data), technology used, major benefits, significant modifications and future trends in terms of productivity, among others. This data will help the decision makers in strategic decisions, such as storage requirements, minimum price of the crop, decisions regarding the crops' import or export, irrigation requirements, etc. 


Similar profiles can also be made about the industry (as a whole) or a particular industry within the country.


Hope this helps. 

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