Table of Contents
What are the problems of Marketing Boards?
PROBLEMS OF MARKETING BOARD
- Fixing prices for all products during a particular season.
- Political interference and instability.
- Poor communication network and lack of good roads and amenities.
- Lack of skilled manpower.
- Inadequate supply of storage facilities.
What are the roles of marketing board?
A marketing board is an organization created by many producers to try to market their product and increase consumption and thus prices. It can also be defined as an organization set up by a government to regulate the buying and selling of a certain commodity within a specified area.
What are the advantages of Marketing Boards?
ADVANTAGES OF MARKETING BOARDS
- Reduction in exploitation of producers.
- Increased supply of infrastructural facilities.
- Greater price stability and food productions.
- Creation of an effective market information service.
What has been the main function of Marketing Boards in developing countries?
Marketing boards in developing countries. Marketing boards are, in most instances a government agency and/or statutory organisation having the function of intervening in the marketing process, with a view to serving the cause of efficient and orderly marketing.
What is an example of a marketing board?
marketing board, organization set up by a government to regulate the buying and selling of a certain commodity within a specified area. An example is the former Cocoa Marketing Board of Nigeria (which, after 1977, functioned as the Nigerian Cocoa Board and controlled marketing of tea and coffee, as well).
What are the problems in agricultural marketing?
In agricultural marketing transportation cost, inadequate market infrastructure, lack of market information, lack of processing units, storage facility, price fluctuation are the major problems.
Why was marketing Board abolished?
Nigerian politicians found them a ready‐made instrument for taxing farmers, enriching themselves and financing their political activities. Their pricing policies discouraged farmers from producing export crops, thus rendering the boards redundant though not, regrettably, ensuring their abolition.
What is the origin of marketing Board?
The British colonial government established the Marketing Boards in Nigeria at the end of the Second World War in 1940s. The profits accrued to Nigerian peasant producers were used by the colonial administration to cushion the internal contradictions in the economy that was devastated during the Second World War.
What are the risks associated with marketing?
Types of Marketing Risk
- Brand risk. Any company can lose its brand’s value.
- Miscalculating your target market. Failure to conduct ample market research, collecting data from wrong places, and improper use of data can pose risks to your marketing plan.
- Changing trends.
- Promotional risk.
What are the advantages and disadvantages of marketing management?
Advantage: Promotes Your Business to a Target Audience.
What are the problems faced by farmers in marketing of their agricultural produce?
In agricultural marketing transportation cost, inadequate market infrastructure, lack of market information, lack of processing units, storage facility, price fluctuation are the major problems. Among all these problems, transportation charges are concerned as a major problem by the maximum number of farmers.
Why Marketing Boards are required in marketing agricultural products?
Contribution of Marketing Boards. Marketing Boards are normally established under government legislation and are responsible for providing adequate supplies of food at a price based on the costs of production. Marketing Boards are needed to solve problems, which are unique to agriculture.