Search
Search Results
-
THE INFLUENCE OF COVERAGE ATTRIBUTES ON COMMUNAL FARMERS' WILLINGNESS TO ADOPT CATTLE INSURANCE IN LUPANE DISTRICT, ZIMBABWE
Views:237This study examines the role of coverage attributes specifically, their scope, clarity, and relevance in influencing the willingness of communal farmers to adopt cattle insurance. The research was guided by the Stakeholder Networking Theory. Employing a mixed-methods approach in Lupane District, Zimbabwe, the research utilized a sample of 219 communal farmers, selected via multistage sampling for quantitative data, and 25 key informants, selected using purposive sampling for qualitative data. The Probit regression analysis revealed a statistically significant positive coefficient of 0.242 (p<0.001) for the relationship between Coverage Attributes and Willingness to Adopt. This indicates that farmers' decisions are significantly driven by the comprehensiveness of covered risks and the simplicity of the policy's terms. The findings highlight that existing products fail to meet farmer expectations regarding risk coverage and ease of understanding. This study concludes that insurance schemes must be designed to be both comprehensive and user-friendly, providing practical insights for creating policies that are genuinely attractive and relevant to the specific needs of this vulnerable demographic.
-
Supply chain management practices for SMEs
89-96Views:611In today’s globalized business environment small and medium sized enterprises (SMEs) face many challenges. In order of their survival SMEs need to produce more, at a lower cost, in less time, and with a few defects. They form the most significant group of manufacturing firms and give supports to large companies in many supply chains. In addition, SMEs contribute greatly to entrepreneurship, gross domestic product (GDP) and employment. Despite the fact that micro, small and medium sized enterprises have very important role in business networks, they still have many problems with using supply chain management (SCM) practices. In this research my purpose was to find the best SCM practices as a strategic method to improve SMEs’ performance. First, I give information in general about SCM and the SMEs, then highlight main characteristics of small firms compared to large ones and the reasons why it is essential and efficient to use SCM practices. The article is based on secondary data, using several analysis, surveys, books, journals and my personal experiences collected in this sector. I conclude the research by summarizing my recommendations in connection with SCM practices, the opportunities and barriers.
JEL code: M11
-
Knowledge transfer: a case study approach
15-19Views:355The article builds on the growing importance of knowledge as a strategic resource for maintaining the competitive advantage of a business. We illustrate one of the initiatives contributing to effective knowledge transfer by describing a case study approach which suggests how universities might assist in disseminating knowledge and enhancing industry competitiveness.The case study approach is apparently an effective way to share best practices, and with the use of appropriate ICT tools, it provides for an enormous diffusion of codified (explicit) knowledge in the industry.The example in the focus of this article describes aVirtual Portal designed as a single-point access to information and tools (case studies, decision models and software), with the emphasis on case studies (their selection, coding and use).
-
The Opinion of Visitors on the Touristic Attractions and Services of the Esterhazy Castle of Fertőd
97-102Views:377The lately renovated Esterhazy Palace is one of Europe’s biggest Baroque palaces. This paper examines the visitors’ opinion of this worldwide famous palace. This survey-based study was carried out in 2016/2017. The sample was of 800 people, using paper-based questionnaire. It emerged from the study that the visitors needed to be separated analyzed differently under and above 18 years of age, because the push and pull factors vary significantly. Other words, the adult visitors (persons, families) decided themselves to go and see or not, but the young people were influenced by their teachers. Other important lessons of the study was that the visiting process does not end with the viewing of rooms and tools, but the different souvenirs and providing further information, and services are also part of it. This is evidenced by the fact that the worst rating was given by the related service. Organizing and ensuring this is an important task of the management of the palace.
JEL Classification: M3. O18, Z32
-
Integrated approach in Ukrainian dairy industry: a case study from Poltava region
Views:524Integration processes in the field of agriculture, and particularly in dairy industry, have real prospects for improving the efficiency of business entities in this industry due to technological features. Particular attention should be paid to vertically integrated business models that allow hedging of various risk groups and minimizing costs due to the optimal combination of the efforts of enterprises belonging to such associations.
The purpose of the article is to study the current state of dairy industry in Poltava Region, Ukraine, and to show one of the conceptual ways to increase its economic efficiency. The paper presents a theoretical hypothesis concerning the necessity of vertically integrated agricultural formation’s creation in order to improve the competitiveness of dairy production in the region and having positive effect on sustainable development of dairy industry.
The practical significance of the study includes the possibility to use findings and recommendations set out in the paper for introduction of mutually beneficial economic relations between agricultural, dairy and trade enterprises in concluding agreements on joint activities based on a successful example from Poltava Region, and contribute to the stabilization, development and increase of the enterprises’ efficiency in Ukrainian dairy industry.
JEL code: F15, Q13
-
Impact of CAP’s pillars on Romanian rural employment
75-80Views:318This paper aims to clarify the direction of change in rural employment on short- and medium term in Romania, while CAP regulations are being introduced and the global economic crisis emerges. First we put into evidence the decrease of the role of agriculture as buffer for unemployment and the poor contribution of non-agricultural activities to provide employment for rural residents.Then we analyse the main characteristics of the rural labour force. Finally we synthesize the opinions expressed by 33 consultants (working at the Offices for Agricultural Consultancy from different counties in Transylvania) about the estimated short term evolution of rural employment and the impact of CAP on Romanian rural areas.
-
Future role of agriculture in multifunctional development of rural areas
29-37Views:313In the paper the changes in agriculture in terms of falling share of agriculture in gross domestic product and decrease in the share of persons employed in agriculture in total employment in Poland and selected countries are discussed.The main driver of these changes is a faster pace of development of non-agricultural activities and continually deteriorating relations between the costs of production factors and prices of agricultural products. The rate of growth in labor costs and prices of the means of production for agriculture is much faster than the rate of increase in prices of agricultural products.This causes the decline in profitability of agricultural production which increases the size of farms. The pace is dependent on the level of economic development of the country. The study also identified trends in the structure of farms, functions and systems of agriculture in the generational perspective. The polarization of the farms will deepen.A strong group of commodity farms and a group of so-called self – subsistence social farms will emerge. Agriculture in Poland will have a dual nature. In addition to the production function and social services agriculture will expand the scope of service functions for the environment and society.
-
The role of sport infrastructure: use, preferences and needs
47-52Views:669Leisure and mass sports are very significant both socially and economically. Physical activities contribute to forming a healthier society. Skills and abilities developed by sport promote people’s well-being and directly improve their physical, mental and psychological performance this way producing better quality of life. The state of health of the workforce is a more and more frequent question in developed and developing economies but mostly in the western civilizations. Researches prove that those who are more active phisicly can perform better at their work and are more efficient in their jobs. They claim less sick leave benefit and their health insurance costs are lower, this way preserving the health of the workforce can be an investment in the future. If we want the population to live in a healthier way and do more sports only education and motivation are not enough, it is very important to provide the appropriate infrastructural background as well. People can have a wide range of choice provided by the local sports establishments and companies and the possibilities resulting from sport infrastructure investments. The effects of sport infrastructure investments and developements are many folded and long-therm, but it is worth approaching their benefits from different points of view. Researching this topic can contribute to better understanding of the society from the points of view of health care, economy and sociology. The aim of our work was to examine the sporting habits and sports consumption. In order to get to know the consumers we carried out a survey with 350 particiant with the help of an online questionnaire. When analyzing it I focused on the answers given by those who were active in sports, which was the 75% of total sample. In the analysis of the answers and relations between the questions and the different factors we used the SPSS Statistics program. Providing sport establishments and facilities and initiating such investments are highly important for each region. From the answers of the quesstionned we can learn what facilities are available for the consumers and what they miss most in the living area.
JEL code: L83
-
Interventions to encourage sustainable consumption
51-58Views:824Sustainable consumption is hampered by a discrepancy between consumers’ attitudes and their actual behaviour in the market place. Psychological construal level theory provides an explanation for the attitude to behaviour gap as a motivational conflict between high and low level of mental construal. Based on self-determination theory it is argued that this motivational conflict presupposes extrinsic motivation for sustainable behaviour. Based on self-regulatory styles, the present paper identifies and illustrates four types of intervention strategies that can cater for extrinsic motivation for sustainable development among light users. The underlying mechanisms of these interventions suggest that the transition from external to internal regulation is catalysed by social feedback.
-
SOCIO‑ECONOMIC DRIVERS AND INSTITUTIONAL CHALLENGES OF TOBACCO CONTRACT FARMING PARTICIPATION IN SVOSVE COMMUNAL AREA, ZIMBABWE
Views:54Tobacco remains Zimbabwe's Leading agricultural export crop, increasingly produced under contract farming arrangements. While contract farming offers inputs, technical assistance and assured markets, concerns persist that benefits are skewed towards merchancts rather than smallholder farmers. This study investigates the determinants of smallholder participation in tobacco contract farming in ward 22, Svosve communal area, Marondera District, Mashonaland East Province. Guided by the New Institutional Economics(NIE) theory, which emphasises the role of institutions in reducing transaction cost under market imperfections, a mixed methods approach was employed. Quantitative data were from 246 communal tobacco farmers using qestionnaires, while qualitative insights were gathered from 10 key informant interviews with agricultural business advisory officers(ABAO), tobacco merchants and farmer leaders. Multistage sampling was used select 5 villages;Mere 1, Mere 2, Mere 3, Neshamba and Bonda. Data were analysed using descriptive statistics and multiple linear regression in SPSS version 25. The statistics revealed that contracted farmers had higher education levels(10 years), larger landholding(mean 2.1 hacters) and greater access to irrigation(65%) than their counterparts. The regression model was statistically significant (F = 24.73, p < 0.001) with a strong explanatory power (R² = 0.68; Adjusted R² = 0.65). Results showed that landholding size (β = 0.62) and years in contract farming (β = 0.45) were the strongest positive predictors of participation, followed by irrigation access (β = 0.38), household income (β = 0.31), and education level (β = 0.29). In contrast, multiple income sources (β = -0.27) and years in general agriculture (β = -0.27) negatively influenced participation, indicating that diversified and highly experienced farmers were less inclined to join contracts. The discussion highlighted that resource endowments and institutional support drive participation, while lack of collateral and financial literacy hinder broader inclusion. The study concludes that contract farming remains a viable pathway for smallholder integration into value chains but requires reforms to ensure equitable benefits. Policy implications emphasize collateral support, farmer training, and resource provision particularly land development and irrigation infrastructure to enhance participation and productivity among smallholder farmers.
-
Technical efficiency of dairy farms in rural Nigeria
Views:481The study assessed the technical efficiency of Nigerian dairy farms. Information on 73 dairy farms was obtained from the General Household Survey (GHS Panel) for the year 2018-2019 wave, and the method of analysis employed include descriptive statistics and Data Envelopment Analysis Model. The findings show that not all the farms sampled are technically efficient, which means they can still utilize their input resources more effectively. The average level of technical efficiency of sampled farms was 83%; this suggests from the technical point of view that there exist an opportunity for expansion of milk production and revenue using the same level of inputs at present and putting to use effectively available technologies by 17%. Furthermore, results also show that farms that practice grazing systems, those located in the northern part of Nigeria and small farm sizes, have higher T.E. overall.
JEL Classifications: Q12, Q1, R15
-
The role of emotions and perceived control in the recovery strategy of service companies
65-68Views:326The purpose of this study is to investigate the effectiveness of service recovery tactics. The reseach included a qualitative study based on 30 interviews with customers and employees of a telecommunication company. This was followed by a quantitative study using between subject experimental designs based on scenarios. Our research results suggest that employees’ positive emotions and perceived control during the recovery process make consumers more satisfied.
-
The economic aspects of innovation in sheep breeding
97-104Views:329During my investigations, I highlighted three innovations, all of which serve the production of a final product, sheep kefir. This product contains a unique added value and involves several innovational opportunities. I examined the complex economic analysis of the innovations and technological elements investigated with respect to revenues from the sale of sheep milk, sheep cheese (kashkaval) and sheep kefir. The kashkaval-type sheep cheese does not contain sufficient added value to cover the costs of innovational investments. Investigating the innovational activity for developing sheep kefir and for its market introduction, its cash flow balance becomes positive already in the second year after realization, and is able to generate significant profit.
-
Knowledge needs in rural tourism in Czech Republic
69-72Views:288Rural tourism has gone through an important development, but in the Czech Republic has only been possible to run a private business only in last 18 years. In Czech Republic that form of tourism is not very widespread, although there is great potential in it and the neighboring countries such as Austria or Germany are on a much higher level. For more intensive development and better competitiveness on the marker a proper education is necessary especially on the secondary level. An inquiry investigation has been provided. The responders were owners and operators of small businesses in rural tourism. The first part of the questionnaire was focused on the matters of ownership, running the business, promotion, internet services, etc. The subsequent part of the questionnaire gathered the information about the capacity of the places, the types and prices of accommodation, and the facilities. It also surveys the surroundings of the place – both natural and cultural sights.The survey has brought interesting facts about the level of the rural tourism of selected regions.The inquiry investigation was made by trained persons who gathered much information above the framework of the questionnaire. Many demands and complains were concerned with lack of specialized education, needs of new study programs and branches. There are many specifics of this branches, the most important is that there are more than 90% of micro firms. If we want to keep the special features of the rural tourism we have to prepare future entrepreneurs and employees in completely different way than those for big hotels, spas or congress centers. The contribution deals with the present status of rural tourism in Czech Republic and the educational need of the people involved.
-
Differences in travel behaviors of small and large cycling events participants
77-82Views:363Tourism has been and will continue to be one of the biggest and most profitable industries in the world. Sport is obviously a very important aspect of society in many different ways: culturally, economically and socially. Like in the past, local authorities continue to regard all sporting events as a way of promoting and positioning their destination. Participation in sport events relates to tourism because it also involves travelling to host destinations. Therefore, the aim of our study is to compare participation in small and large sport-for-all events in relation to tourism in Slovenia. We analysed the factors determining differences in the travel behaviours of sport event participants and certain aspects of participation (travel behaviour, frequency of sport event participation, reasons for participation) at the largest cycling event in Slovenia (the Franja cycling marathon) and two smaller cycling events (the “Three hearts Radenci” recreational cycling marathon and the “Around the region of Prlekija” recreational cycling marathon). The study analysed the active participants of different cycling sport events. The sample of respondents consisted of 382 participants. We found that over the third of the participants take on the role of a sport tourist in their travels. They are also very sport-active in their leisure time. The majority of them are engaged in sport activities more than three times a week. The results indicate differences in travel behaviour and sport-active lifestyles among the participants of different types of small and larger sport events.
-
The analysis of costumer satisfaction in recreational tourism
57-61Views:457Due to increased health awareness and the growing amount of assistance to boost it, health tourism research has gained significance in our days. The present study focuses on the analysis of customer needs for recreational tourism and their habits; moreover, it interviews the guests of 15 Hungarian wellness hotels through a questionnaire survey. Next we attempt to explore the rate of guest satisfaction with healthpreservation services. The study presents the findings of this research activity until now, whereas the results of further data processing will be published in the future.
-
Examination of leisure sports alternatives provided by higher education institutions
33-37Views:445It is one of the main duties of sports in higher education to provide health conscious and sports-loving managers to the society. University years are a good opportunity to do sports in an organised framework, as well as lifestyle consultancy and to make use of the preventive function of sports. In this environment, the approach of students can still be shaped within a formal framework and their level of interest towards sports can still be increased. Furthermore, they can be motivated and become committed to sports if they have positive experiences. The aim of my analysis is to explore and describe the characteristics, peculiarities and current situation of higher education leisure sports. In this study, I present the results of the analysis of data collected with the first eight questions of the situation assessment part of the questionnaire survey. More specifically, I examined the evaluation of leisure sports activities, free sports opportunities and the branches of sports in which these are provided. I was also looking to find out where these sports opportunities are available for students inside or outside the institution and who they are organised and managed by. At the same time, I examined sports opportunities whose costs are paid by the student and analysed which branches of sports are available. Based on my results, I concluded that the sports opportunities of students are especially good according to the managers. This statement confronts the research findings which suggest that the sports activity of students is very low.
JEL code: Z20
-
Determinants of dividend payout policy: An empirical study of banking sector of Pakistan
101-106Views:781One good way to communicate financial performance of a bank to its shareholders is the payment of dividend. The present study is attempted to explore the influence of financial efficiency, safety, risk and profitability on dividend policy using panel data of 10 commercial banks listed at Pakistan Stock Exchange (PSX) for a period of 9 years between 2006 to 2014. The panel regression technique is used to analyze the data. The analysis shows a positive relationship of dividend payout ratio with safety and profitability in banking sector of Pakistan. The study identifies a negative association of dividend payout measure with financial efficiency and risk. The results show the statistically significant association of safety, risk and profitability with dividend payout ratio. Based on these findings it is concluded that safety, risk and profitability measures are relatively strong measures for defining dividend policy. The results are strongly indicating that safer the banks, the greater payout ratio the bank has. Moreover; banks with higher profitability and lower non-performing loans (NPLs) are believed to pay more dividends.
JEL code: G21, G23, G35
-
The impacts of organizational culture, knowledge management and employee engagement on job satisfaction: The case of supportive service officers in Mongolia
97-104Views:1049Employee’s job satisfaction is one of the main influential factors for the effectiveness of human resource development. The aim of this study is to investigate the impacts of organizational culture, knowledge management and employee engagement on job satisfaction among public officers. This research topic has been studied and is well-known in worldwide. In Mongolia, context the topic of study has been developed at low level. Data collected from the public-sector employees that understand to impact of job satisfaction. In the research, 213 participants participated who work in public organizations of Mongolian cities such as Ulaanbaatar, Darkhan and Erdenet and districts near to Ulaanbaatar city, including Nalaikh, Khutul, Baganuur. Therefore, the research methodology organized and used some information from statistical calculations in Mongolia. The results showed that impact of all factors such as organizational culture, knowledge management and employee engagement had a positive relationship on job satisfaction. It means that public servants can take care of organizational culture, knowledge management and employee engagement to remain and make their employees happy, as the more satisfied employees are, the more productive they are than those who are less satisfied. This study discussed the effects of above mentioned results, the implications for theory and practice along with the limitations of the research and the implications for further research. Data were used SPSS and SmartPLS 3.0 to test the relationships between variables.
JEL CODE: J01
-
Farmers’ experience in adoption and usage of ICT solutions for agriculture in the Republic of Macedonia
25-30Views:531The adoption of new of Information and Communication Technologies (ICTs) in farming activities becoming crucial for developing countries in order to meet the challenges of rapidly growing populations, urbanization and arable agricultural land declination. Because of it, each farmers’ organization or farmer has to concern their agricultural products and services more towards modernized and ICT related routine. The attempt has been made to analyze the reaction of the Macedonian farmers towards ICTs as a source of reliable and timely information about e-banking, online purchasing/selling, marketing, input and output optimization, increased revenue, remote farm management process etc. Semi-structured questionnaire was used for interviewing 132 semi-experienced and experienced farmers that use ICTs as sample for the research. The data were analyzed using appropriate statistics tool like correlation and Rank Based Quotient (RBQ). The findings showed that farmers stressed the cost of ICTs, lack of training, trust level in the government institutions, and lack of ICT infrastructure are thresholds for ICTs adoption and use in agriculture. This research contributes to understand the adoption and use of ICT, identify the constraints associated with ICT use and propose recommendations towards the improvement of ICTs for agriculture in the Republic of Macedonia.
-
Main characteristics of trade of the Hungarian cereals and oil crops between 2000 and 2010 and the effects of changes in intervention rules to the Hungarian cop sector from 2004 to 2010
47-54Views:376In this paper the trade of the Hungarian cereal and oil crops from 2000 and 2010 are introduced. The general attributes of the Hungarian crop sector are analyzed and a specific picture from aspect of the trade in Hungarian cereal and oilseed sector, with a focus on the quantity of the export and import of wheat, maize, rapeseed, sunflower and other crops and their main target countries. This article also aims to show the impacts of the changes in the EU’s intervention rules and provide analysis.
-
Effect of Training on Small-Scale Rice Production in Northern Ghana
13-20Views:440Training in modern farming methods enables farm households in developing countries to improve agricultural productivity. Notwithstanding the efforts of governmental and non-governmental organisations to provide farmers with agricultural training, productivity remains low. The existing literature provides little empirical evidence of the effect of training on agricultural productivity in Ghana. This study therefore seeks to bridge this gap by investigating small scale rice farmers’ participation in agricultural training programmes and its effect on productivity in northern Ghana. A treatment effect model was used to account for sample selection bias. The results indicated that participation in training increased with the number of extension visits, group membership, access to credit and the degree of specialisation in rice production. Furthermore, total output and labour productivity both increased with participation in training but the relationship with land productivity (yield) was insignificant. On average, participation in training was associated with 797kg increase in rice output, while labour productivity increased by 7.3kg/man-day. With the exception of farm capital, all the production inputs had a positively significant relationship with output suggesting sub-optimal use of capital in production. The study concludes that farmers’ training needs are not adequately being met while inadequate capital is constraining farm output. Increasing access to extension service and involving farmer-based organisations in the design and implementation of training programmes will enhance participation and farm performance.
JEL Classification: C21, D24, Q12
-
ARE AGRICULTURAL EXTENSION SERVICES ACCESSIBLE TO GHANAIAN FARMERS? PROBABILITIES AND EXPECTATIONS FROM CORNER SOLUTION RESPONSES
Views:56Agricultural extension services play a vital role in Ghana’s vegetable sector modernization and growth agenda. The Government of Ghana has made efforts to enhance extension delivery by improving the Agricultural Extension Agent (AEA)-farmer ratio from 1:1,906 in 2016 to 1:709 in 2020. However, access to extension services remains limited, raising concerns about their reach and effectiveness. This study examines the socio-economic factors influencing farmers’ access to extension services in Ghana, focusing on the role of credit, farmer-based organizations (FBOs), and experience. Specifically, it analyzes the determinants of access using the Tobit model to predict probabilities and expectations associated with corner solution responses. Cross-sectional data were collected from 400 vegetable farmers across selected regions of Ghana. Findings revealed that, on average, a randomly selected vegetable farmer had about a 33% probability of accessing extension services. Key socio-economic factors influencing access included credit availability, FBO membership, household size, and farming experience. The study recommends strengthening and expanding FBOs to improve access, enhancing collaboration between government and financial institutions to facilitate credit, and providing adequate logistical and operational support to district extension directorates to ensure timely and effective service delivery across Ghana.
-
Future role of agriculture in multifunctional development of rural areas
135-143Views:313In the paper the changes in agriculture in terms of falling share of agriculture in gross domestic product and decrease in the share of persons employed in agriculture in total employment in Poland and selected countries are discussed.The main driver of these changes is a faster pace of development of non-agricultural activities and continually deteriorating relations between the costs of production factors and prices of agricultural products. The rate of growth in labor costs and prices of the means of production for agriculture is much faster than the rate of increase in prices of agricultural products. This causes the decline in profitability of agricultural production which in creases the size of farms. The pace is dependent on the level of economic development of the country. The study also identified trends in the structure of farms, functions and systems of agriculture in the generational perspective.The polarization of the farms will deepen.A strong group of commodity farms and a group of so-called self – subsistence social farms will emerge. Agriculture in Poland will have a dual nature. In addition to the production function and social services agriculture will expand the scope of service functions for the environment and society.
-
Financing and operating questions of sports facilities
5-8Views:550This paper tends to present financing and operating questions of sports facilities. Infrastructure is very important for the sport businesses. Sports facilities and sports institutions, infrastructure development, and their legal, financial, accounting conditionality can be defined by the investors and the government (subsidies, taxes, etc.). Financial questions and IT background of facility management can be crucial for the enterprises interested in operating sports businesses. The paper focuses on these kinds of aspects of facility management based on practical examples.
Keywords
