• Title/Summary/Keyword: Agribusiness

Search Result 205, Processing Time 0.03 seconds

Assessing the Impact of Digital Procurement via Mobile Phone on the Agribusiness of Rural Bangladesh: A Decision-analytic Approach

  • Alam, Md. Mahbubul;Wagner, Christian
    • Agribusiness and Information Management
    • /
    • v.5 no.1
    • /
    • pp.31-41
    • /
    • 2013
  • The research assesses the impact of a digital procurement (e-purjee) system for sugarcane growers in Bangladesh. The system itself is simple, transmitting purchase orders to local farmers via SMS text notification. It replaces a traditional paper-based system fraught with low reliability and delivery delays. Applying expected value theory, and using decision tree representations to depict growers' decision-making complexity in an information-asymmetric environment, we compute outcomes for the strategies and sub-strategies of ICT vs. traditional paper-based order management from the sugarcane growers' perspective. The study results show that the digital procurement system outperforms the paper-based system by tangibly reducing growers' economic losses. The digital system also appears to benefit growers non-monetarily, because of reduced uncertainty and a higher level of perceived fairness. Sugarcane growers appear to value the non-monetary benefits even higher than the economic advantages of the e-purjee system.

  • PDF

Model Development of Agribusiness Complex in 4 Main Riverside Areas in Korea Based on Expert Group Consulting / Checking (전문가 집단평가에 의한 4대강 농업복합단지 조성 모델 개발)

  • Lim, Chang-Su;Kim, Eun-Ja;Rhee, Sang-Young;Shin, Chang-Min;Choi, Jin-Ah
    • Journal of Korean Society of Rural Planning
    • /
    • v.17 no.4
    • /
    • pp.75-85
    • /
    • 2011
  • To revitalize rural economy and to generate job opportunities in the Korean countryside through the specialized production of high-valued/environment-friendly farm products and the active promotion of green tourism in the farmland-remodelling project sites in 4 main riverside areas, this study developed the regionally differentiated development models of future-oriented agri-business complex. Through two rounds' expert group consulting/checking, related literatures review and similar case-projects benchmarking, a tentative model system was made and corrected, and finally, 6-development types with 24 model complexes proposed.

The General Outlook of Peruvian Agriculture and Its Implications for Korean Agribusiness

  • Yun, Jae Woong;Sanchez, Carmen E. Velezmoro;Choe, Young Chan
    • Agribusiness and Information Management
    • /
    • v.3 no.2
    • /
    • pp.17-32
    • /
    • 2011
  • Peru is South America's third largest country and enjoys an enormous amount of natural resources. However, However, very few business studies on Peruvian agriculture have been presented. The objectives of this study are to introduce the general status of Peruvian agriculture to Korean business circles and to promote agricultural business opportunities in Korea and Peru. Secondary data related to Peruvian agriculture are collected and analyzed to understand the current situation of Peruvian agriculture and to suggest an outlook for business opportunities. Findings show that Peru will be a lucrative market for Korean agri-business to target in the near future and it is time for a proactive advance in agriculture by Korean business.

  • PDF

Challenges and Effective Management of Supply Chain in Wine Industry and Agribusiness

  • Ngoe, Tata Joseph
    • Agribusiness and Information Management
    • /
    • v.4 no.2
    • /
    • pp.32-41
    • /
    • 2012
  • Studies have shown that the future of the wine market rests on the effective and efficient changes in technology to the supply chain used by most of the major global players. In today's wine industry, companies are faced with the ever-shifting demand for their products, strict regulation and increasing price competition. Even at that, mature companies in the wine industry are succeeding by scaling up production, streamlining their supply chains, expanding into new geographic areas, implementing more efficient processes, cleverly marketing products, and focusing on ever closer relationships with suppliers, partners and customers. However, this paper looks at supply chain challenges in the wine industry from a global perspective presented in the inbound, manufacturing and outbound processes as well as offer effective solutions in order for companies to gain a competitive advantage and succeed on a global level.

  • PDF

Blockchain and IoT Integrated Banana Plant System

  • Geethanjali B;Muralidhara B.L.
    • International Journal of Computer Science & Network Security
    • /
    • v.24 no.2
    • /
    • pp.155-157
    • /
    • 2024
  • Internet of Things (IoT) integrated with the Blockchain is the state of the art for keen cultivation and agriculture. Recently the interest in agribusiness information is enlarging owing to the fact of commercializing the smart farming technology. Agribusiness information are known to be untidy, and experts are worried about the legitimacy of information. The blockchain can be a potential answer for the expert's concern on the uncertainty of the agriculture data. This paper proposes an Agri-Banana plant system using Blockchain integrated with IoT. The system is designed by employing IoT sensors incorporated with Hyperledger fabric network, aims to provide farmers with secure storage for preserving the large amounts of IoT and agriculture data that cannot be tampered with. A banana smart contract is implemented between farmer peer and buyer peer of two different organizations under the Hyperledger fabric network setup aids in secure transaction of transferring banana from farmer to buyer.

Impact of Success Factors of Knowledge Management on Management Performance in Agribusiness Cluster (지식경영성공요인이 농산업클러스터 기업의 경영성과에 미치는 영향 -순창장류산업 클러스터를 중심으로-)

  • Kwak, Yoon-Seok;Yang, Hae-Sool
    • The Journal of the Korea Contents Association
    • /
    • v.10 no.9
    • /
    • pp.348-362
    • /
    • 2010
  • In the Knowledge-based economy, it is inevitable for companies to implement knowledge management(KM in short) to improve management performance. In order to better understand the KM, it is necessary to examine the relationship between success factors of KM and KM performance in agribusiness sector. This study empirically analyzes the impact of success factors of Knowledge Management on companies' management performance in agribusiness cluster. From the survey data of 43 companies located in Sunchang fermented soybean products Industrial cluster, the study finds that four factors- learning culture, network, knowledge sharing and knowledge creating- influence management performance in a positive way. It also examines whether Industrial cluster strategy functions as a moderator between KM success factors and companies' performance. Furthermore, this study concludes that Sunchang fermented soybean Industrial cluster has not reached to the final stage of KM and suggests elements for further improvements.

COLOGNE BRAND PREFERENCES OF TEENAGERS IN THE PHILIPPINES: MANAGERIAL IMPLICATIONS

  • Ramirez, Roderick V.;Madamba, Jeanette Angeline B.;Tan, Reynaldo L.
    • Asia-Pacific Journal of Business
    • /
    • v.6 no.2
    • /
    • pp.19-33
    • /
    • 2015
  • Studies focusing on the constantly changing buying behavior and product preferences of a booming teen market are rare and this is particularly true in the Philippines. To address this gap in the literature, this study focused on the supermarket brands of cologne preferred by teens in the Philippines such as Lewis & Pearl (L&P), Johnson's Baby Cologne, Juicy, Bench, Ellips, Fiona, Bambini and Baby Flo which are manufactured by various competing companies. Essentially, this study presented and described the profile and buying behavior of cologne users and non-cologne users and determined whether preferential differences existed between these brands. The respondents consisted of 473 teens all over the Philippines stratified in terms of general location via the three major groups of islands in the Philippines: Luzon, Visayas and Mindanao. Respondents came from selected schools in Quezon City in Metro Manila, Sariaya in Quezon Province, Cebu City, and Digos City to represent the Greater Metro Manila Area, Luzon, Visayas and Mindanao, respectively. Findings showed that almost all of the respondents used cologne at varying degrees. In general, teens use several scents and brands of cologne and continually shift from one scent/brand to another scent/brand. This made it difficult for any company to capture loyal consumers. The most popular brands used by teenagers were Bench (61.7%), Lewis and Pearl (59%), Juicy (42%), Afficionado (32%), Fiona (19.3%), Penshoppe (18%), Bambini (12.6%), Ellips (11.3%) and Zen Zest (7.5%). Fragrance or scent is the top priority of teenagers in choosing a cologne brand, followed by brand name, affordability, bottle design and endorser. The spray bottle type of colognes is preferred even if cologne spray bottles are priced higher than the splash cologne bottle type. Managerial implications of these findings for market players, marketing scholars and prospective investors are presented.

  • PDF

A Study on the Issues and Alternatives of Rural Youth Education (농촌 청소년 교육의 과제와 발전방향)

  • Oh, Hae-Sub
    • Journal of Agricultural Extension & Community Development
    • /
    • v.11 no.2
    • /
    • pp.225-240
    • /
    • 2004
  • This study sought to search for the new alternatives and direction to develop and strengthening rural youth education in Korea. The study was conducted through literature review on articles, proceedings and other sources relevant to the pending issues and difficulties of rural youth education in Korea. Some of the critical needs for improving rural youth education in Korea included the following aspects or alternatives; 1) Strengthening the partnership between rural adult and youth would be necessary to gain broader support and to establish the increased awareness of adults for rural youth education. 2) Better coordination and cooperative efforts should be emphasized among various programs and institutions in implementing rural youth education policies and programs. 3) Developing a strong link between the agribusiness sector and the rural youth education system should be strengthened to produce the effective results. Further activities to develop and implement diverse programs and projects to cope with new trends In farming and agriculture as well as changing trends in marketing sector of agribusiness and rural communities in Korea. The rural leadership and community networks should be established for improving the effectiveness of rural youth educational activities.

  • PDF

How Banks' Resources at the Retail Level Affect Their Output?

  • ALOTHMAN, Seham;AL-MAHISH, Mohammed
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.12
    • /
    • pp.853-861
    • /
    • 2020
  • The study aims to measure the productivity of the Saudi banking sector at the retail level using secondary data for 11 local banks from the period 2015-2019. The study uses an extended version of the Cobb-Douglas production function to account for the fact that as banks openup more retail branches, they will need to employ more labor. The extended Cobb-Douglas production function was estimated using the two-way fixed effect model to account for unobserved heterogeneity across Saudi banks resulting from differences in labor competencies and leadership style. Besides, the model accounts for unobserved heterogeneity among Saudi banks due to the advancement in electronic services over time. The results showed that labor, branches, customers' deposits, and fixed deposits have a positive effect on the total value of generated loans. Conversely, ATM has an insignificant effect on generated loans. The average scale elasticity shows that the Saudi banks at the retail level are operating under decreasing returns to scale. The average marginal rate of technical substitution shows that Saudi banks need at least one ATM to replace one unit of labor at the retail level while keeping the same level of output.