Cocoa Marketing in Ghana Today
The basic opportunity of Cocoa is widely imperative to Ghanaian folks. Various studies depicted that the growers of coca consists of 4million from the population of 20million.The importance of Coca producers prevalent in Ghana more important than in other West African producers are its reliance on only gold and cocoa. The existence of marketing board named Cocobod evolved in order to centralized the decision-making of Cocoa industry. The accountability of Cocobod scrutinized by the Ministry of Finance having headquartered in Accra (capital of Ghana).
The manufacturing practice instigates with farmers and terminations with government exporters who are liable for scrutinizing each manufacturing process. The process
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Government, maintaining export monopoly and being able to enhance internal marketing system, in their way of being rules the major similarities. These similarities raised many questions in the mechanics of their outcomes. The analysis showed that the subtle changes have been observed in quality control and export management. But the notorious traits also being observed in the category of overburdening the farmers not are being able to get the jobs and various secretive dreadful acts. The dominating decision making system of marketing board could also be questioned as they perform both functions of exploiting the farmers with power and enhancement of growth in the sector. Hence the results can be deduced that the system can be categorized as similar in form but totally opposite in functionality. The pros and cons of marketing boards are being examined in detail …show more content…
The helped the farmers by providing them adequate credit in order to increases resources to the harvesters. They also enhance the sector by providing them various essential services from the interlinking departments to disease control of various decaying plants. The improvement of research and development encouraged various tools to increase the growth and proliferation of disease free plants hence helped in the production of the commodities. The major disadvantage is the domination of the board and its rules and regulations on poor farmers and its overcapacity to project power on them. This trait of board made them questionable in the world’s eye in terms of exploitation and beneficial more from boost industry as board being inefficient and only benefiting it the whole
During Valentine’s week alone, millions of pounds of chocolate candies alone are sold (“Who consumes the most chocolate,” 2012, para 8). This naturally creates a demand for product, which in turns causes a need for ingredients. The main component in chocolate, of course, is cocoa. Since Côte d’Ivoire provides 40 percent of the world’s supply of this crucial ingredient (Losch, 2002, p. 206), it merits investigation i...
Even with these faults, this society appreciates the hard work of farming compared to the easy way of living today. One point of Berry’s argument is that he believes that the land is falling more and more into the hands of speculators and professional people from the cities, who, in spite of all the scientific agricultural miracles, still have more money than farmers. Big technology and large economies have caused more abandonment of land in the country than ever before. Many of the great farmers are clearly becoming different because they lack manpower and money to maintain properly. The number of part-time farmers and ex-farmers increases every year due to the problems with money and resources.
New technologies not only allowed farming to become more efficient, but made the process of shipping crops west much easier. The most important innovation in farming itself was the horse-drawn combine, which required many horses to operate, but allowed wheat, a popular crop to grow in the west, to be harvested en masse. One way that eastern businessmen exploited farmers in the west was by owning the land they worked on, and taking most of their profits. Many contracts between businessmen and farmers had clauses such as, “The sale of every cropper’s part of the cotton to be made by me when and where I choose to sell, and after deducting all they owe me and all sums that I may be responsible for on their accounts, to pay them their half of the net proceeds.”
...d on delivery and refer any problems back to the supplier. The materials must be purchased at a competitive price. Today many production processes are automated. This means that machines or robots do all the routine or dangerous jobs. Operators check that the productions like is functioning correctly by checking consoles and computer screens.
The import and export business is an ideal occupation for those individuals who know how to sell, but who also have a diplomatic and engaging character. As sales and distribution agents in one or more countries for overseas manufacturers, importers and exporters are the matchmakers of international trade. Import and export are high-risk businesses that are vulnerable to sudden changes in politics, economics and legislation. There are many risks for an exporter and importer that can be summed up as government risk, regulation risk, labor risk, raw material risk, fixed cost risk, exchange risk, transport risk, and culture and society risk.
Approximately 70% of all cocoa in the world begins in West Africa. The Ivory Coast and Ghana are the two main producers of cocoa beans. West Africa is an excellent place to have cocoa plantations because of the heat and low rainfall that is critical for the cocoa tree to survive. These cocoa plantations often cover hundreds of miles with thick, lush trees. (BBC Chocolate: Bitter Truth) The bean, originally called ‘cocao’, is grown on a tree that ranges from 13-26 feet high. The bean pod is 4-15 inches long, and it takes 4-5 months to grow. When these pods have ripened, they are opened up and the contents inside are taken out. Inside the pod are many cocoa beans covered in pulp; a gooey substance that surrounds the beans. After removing these, they are dried in the sun for 3-9 days. The pulp is then taken off the beans, and the beans are spread out in the sun to dry completely. Continuing this procedure, the beans are bagged and sent off on a ship to the factories that turn them into delicious chocolate bars.(Dunn, Elton. Page 1)
This paper will analyze the company OLAM Ghana a subsidiary of Olam International Limited. Olam Ghana is engaged in export of agricultural commodities including cocoa, cashew, sheanuts and wood products. It also imports and distributes rice, sugar, dairy products, tomato paste and edible oil. (Olam, 2014)
Storage facilities and packing houses for handling fresh produce in developing countries have poor logistics (Kader, 2010). An example is India where inadequate storage facility is the common problem with majority of farmers (Bhardwaj et al, 2012)
UNDP & COCOBOD, (2012): Environmental Sustainability and Policy for Cocoa Production in Ghana. United Nations Development Programme Project Document, 1 – 56.
As agriculture has become more intensive, farmers have become capable of producing higher yields using less labour and less land. Growth of the agriculture has not, however, been an unmixed blessing. It, like every other thing, has its pros and cons. Topsoil depletion, groundwater contamination, the decline of family farms, continued neglect of the living and working conditions for farm labourers, increasing costs of production, and the disintegration of economic and social conditions in rural communities. These are the cons of the new improved agriculture.
Agriculture is the backbone of Pakistan’s economy because it fulfills the basic necessities of life also it provides the employment opportunities and livelihood to 62% of population. It contributes 21% to total GDP and 80% products that are being exported are agro based. (Agri Punjab). Pakistan has plenty of natural resources so people of rural areas put their whole efforts in exploring these and producing the agricultural products from those. So if it will be managed effectively than it becomes the biggest source of reducing the poverty in Pakistan. Agricultural sector in Pakistan is growing in Pakistan from time to time but this growth is not much satisfactory for us because of many factors like increasing rate of population, inefficient water storage and natural calamities that affects the Pakistan each year in the form of flood etc. Agricultural productivity can be enhanced by using the latest technology or by cultivating the more land for production purposes; this will cause the reduction in scarcity of food and reduce poverty. Using the latest technology avoid the diseases of crops and make better the agricultural production. (Abdul & Aqeel, 2007)
The country's greatest strengths lie in its natural resources. In those terms, it is very rich. Cocoa, its biggest export, accounts for 15% of the world's supply. Also its gold production, in recent years, it's exported as many as one million fine ounces. Ghana also has a good supply of bauxite, diamonds, coffee, rice, cassava, timber and rubber. Moreover, since 1983, the economy has steadily grown. With economic recovery policies intact, the economy has raised 5% a year since 1983. Tourism also is growing within Ghana. Tourist rates are increasing also. With all these cash crops, costly goods, and economic restructuring, one would wonder why they need assistance at all.
Business plays a major role in our society. It is a creative and competitive activity that continuously contributes to shaping our society. Business are satisfying the needs and wants of people that can not be satisfy themselves and improve the quality of life of people and create a higher standard in there life style. It is a way for individuals to provide goods and services to consumers, and at the same time, produce a profit for themselves. Businesses are not only provide goods and services for consumers, but also improve the economy and increase jobs for people within society which is an additional fact producing a higher standard of living. Today there are many kind of business all over the world, Which enhances the economical level of people. But Sri Lankans mostly depend on their traditional business, which can be easier for them as they practiced from the past. So that they are well adapted to that system and they are able to compete with other countries too. As Sri Lanka is one of the growing country, nowadays they are using modern techniques in implementing their process in the field of their business they concerned. On that basis i am very much interested in explaining about the paddy cultivation and distribution business, which brings out the major income to srilankans through export as the traditional one. Sri Lanka is very famous for paddy as it has a great history with this harvest which runs for years and years back with great stories. Paddy cultivation in Sri Lanka could be seen many parts of the country as to say as all of the people in Sri Lanka have rice as their main food. The huge part of the production was supplied inside the country in the past with the great direction of the kings who ruled the country, th...
During fieldwork we came to know that the modern day technology which were invented with the purpose of helping farmers in the work, have not been completely successful but also this doesn’t means that they have failed absolutely. To some extent it has helped farmers to improve their standard of living as compared to the
Marketing Related Problems:- The Marketing related problems are many specially in case of handloom industry and be a part or total subject of research . It is true that the Handloom industry has a rich heritage but the products are being marketed properly or not is a matter of