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What is the role of the tertiary sector in the dairy cooperative example given in the chapter?
In the dairy cooperative example, the tertiary sector plays a vital role by providing essential services that support the entire dairy supply chain. This includes activities such as transportation, marketing, and distribution of dairy products like milk, cheese, and butter. The tertiary sector ensures that these products reach consumers efficiently, helping to maintain quality and freshness. Additionally, services like veterinary care, training programs for farmers, and financial services contribute to improving productivity and sustainability within the cooperative. By facilitating these services, the tertiary sector enhances the overall effectiveness of the dairy cooperative, ultimately benefiting both farmers and consumers.
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In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like milk, butter, and cheese, reach markets and customers efficiently. In the case of cooperatives like AMUL, the tertiary sector plays a vital role in logistics, marketing, and retail, helping to connect producers with consumers while contributing to the cooperative’s overall success and market presence. Therefore option 3 is correct answer.
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