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Ghana’s timber industries have traditionally focussed on certifying international demand (exports) to the detriment of domestic wood consumption. The legal wood supply to the domestic market has become insufficient to satisfy the growing needs of the local population. This research aims at gaining greater insight into the sources of wood supply to Ghana’s domestic wood markets focusing on the contribution of legal wood by the mainstream timber companies.
The study used random and purposive sampling techniques for selecting the respondents in the domestic wood market, wood producers as well as consumers. Additionally, the views of the respondents were sought through well semi-structured questionnaires. On the other hand, views from key informants, mostly experts, and regulators in Ghana’s wood industry were solicited through interviews.
The result indicates that the formal timber processors supply 73% of their processed lumber to the export market and 27% to the domestic market. The destination of the 27% is both the domestic market and other lumber demanded sectors especially large scale construction and furniture companies. The carving industry on other hand obtains wood directly from the farmers and not necessary from the domestic wood market. At the domestic timber market, dealers receive lumber supply from both formal (16. 7%) and informal (83.3%) sources.
The domestic wood sector provides livelihood support to both wood dealers, consumers as well as artisans. About 70% of respondents (wood dealers) used in the survey have no other source of livelihood for existence except wood business.
Owing to the immense contribution of the domestic wood market to the country’s economy and developmental agenda, a calls for policy review especially 20% supply of formal processed lumber to the domestic market is timely. Additionally, looking at the various interventions to curtail illegal chain saw and the continued market demand, the study believes more regulated measures will better help the nation to grasped huge revenue lost as a result of illegalities to embark on vigorous afforestation programs to sustain the domestic wood market.
This market research paper has been prepared under the supervision of Prof. Dr. Wolfgang Veit of TH Köln and Prof. Dr. Carol Scovotti of University of Wisconsin-Whitewater in the course of the inter-university cross-border collaboration student research project “Export Opportunity Surveys (EOS)”. This study explores organic canned tomatoes export opportunities to the German and US markets.
This paper investigates the state, development and drivers of banking market integration in the member countries of the Southern African Development Community (SADC) by employing interest rate data. We first conduct a principal component analysis and find evidence for both increasing monetary integration and banking integration in loan and deposit markets. These integration processes are not developing uniformly and we can identify a convergence club. As banking market integration can be a genuine process or simply be driven by monetary integration, we also investigate the interest rate pass through from national and South African Central bank interest rates onto national retail rates. With respect to the convergence club we find both, genuine and monetary-integration driven processes though the latter dominate. We conclude that a selective expansion of the Common Monetary Area is possible but needs to be complement by efficient financial development policies.
This market research paper has been prepared under the supervision of Prof. Dr. Wolfgang Veit of Cologne University of Applied Sciences and Prof. Dr. Carol Scovotti of University of Wisconsin-Whitewater in the course of the inter-university cross-border collaboration student research project “Export Opportunity Surveys (EOS)”. This study explores vanilla export opportunities to the German and US markets.
This market research paper has been prepared under the supervision of Prof. Dr. Wolfgang Veit of Cologne University of Applied Sciences and Prof. Dr. Carol Scovotti of University of Wisconsin-Whitewater in the course of the inter-university cross-border collaboration student research project “Export Opportunity Surveys (EOS)”. This study explores organic oats export opportunities to the German and US markets.
This paper gives an overview of the development of Fair Trade in six European countries: Austria, France, Germany, the Netherlands, Switzerland and the United Kingdom. After the description of the food retail industry and its market structures in these countries, the main European Fair Trade organizations are analyzed regarding their role within the Fair Trade system. The following part deals with the development of Fair Trade sales in general and with respect to the products coffee, tea, bananas, fruit juice and sugar. An overview of the main activities of national Fair Trade organizations, e.g. public relation activities, completes the analysis. This study shows the enormous upswing of Fair Trade during the last decade and the reasons for this development. Nevertheless, it comes to the conclusion that Fair Trade is still far away from being an essential part of the food retail industry in Europe.
This market research paper has been prepared under the supervision of Prof. Dr. Wolfgang Veit of Cologne University of Applied Sciences and Prof. Dr. Carol Scovotti of University of Wisconsin-Whitewater in the course of the inter-university cross-border collaboration student research project “Export Opportunity Surveys (EOS)”. This study explores walnuts export opportunities to the German and US markets.
Digitales Word-of-Mouth-Marketing: Status Quo und Anwendung für kleine Dienstleistungsunternehmen
(2022)
Das vorliegende Praxis Paper fasst die gewonnenen Erkenntnisse zum Status-Quo von digitalem Word-of-Mouth-Marketing und dessen Anwendung in kleine und Dienstleistungsunternehmen zusammen.
Es basiert auf der Bachelorarbeit von Herrn Jan-Luca Berheide, der von April 2022 bis Juli 2022 von Prof. Dr. Monika Engelen und Prof. Dr. Thomas Münster betreut wurde. Neben der Definition von Word-of-Mouth und Word-of-Mouth-Marketing wurde der Status Quo von digitalem Word-of-Mouth-Marketing recherchiert und unter Literaturbezug Faktoren für die Anwendung für kleine Unternehmen herausgear-beitett. Dabei lag der Fokus auf der Handwerksbranche.
Dieses Paper soll als grundlegender Einstieg in das Thema digitales Word-of-Mouth-Marketing dienen.
Das vorliegende Paper beschreibt die im Rahmen von Industrie 4.0 als Einkauf 4.0 be-zeichnete Digitalisierung der Einkaufsfunktion. Neben einer grundlegenden Einführung zu Industrie 4.0 und den Haupttreiber stellt das Paper die Auswirkungen der Digitalisie-rung auf den Einkauf vor.
Es werden generell die Möglichkeiten, Einkaufsfunktionen zu digitalisieren, eine Aus-wahl an Studien zu Kosteneinsparungen und der aktuelle Stand der Umsetzung bei Un-ternehmen dargestellt sowie die Erkenntnisse zum Einsatz von Digitalisierung im Ein-kauf zusammengefasst.
Das Praxis Paper basiert auf der Bachelorarbeit von Johannes Blechmann, die von No-vember 2019 bis Februar 2020 von Prof. Dr. Monika Engelen (TH Köln) und Sven Düs-ter (VOSS Automotive GmbH) betreut wurde.
M&A-Transaktionen werden selten so erfolgreich, wie sie geplant wurden. Dies wirft immer wieder die Frage auf, ob die Entscheidung für die Transaktion eine „gute“, d. h. rationale Entscheidung war und ob der Prozess auf optimale Weise geführt wurde. Im Rahmen der Studie wurden Experten aus 24 DAX-30-Unternehmen zum Thema „Rationalität und Irrationalität im M&A-Prozess“ befragt. Wunsch und Wirklichkeit fallen demnach deutlich auseinander und gerade Faktoren, die die Rationalität in einem Prozess erhöhen sollen, können diese in eine ungewollte Richtung treiben: Wachstumsstrategie, Anreizsysteme, Gremienentscheidungen, Bewertungsmodelle, auch Eigeninteressen der Akteure und Emotionen spielen eine große Rolle. Die Experten bestätigen insbesondere die hohe Relevanz verhaltenstheoretischer Phänomene wie den Planungsfehlschluss, den Herdeneffekt, oder die Selbstüberschätzung im M&A-Prozess.