Profitability and export volumes of certified organic dried fruits of selected companies in central Uganda
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Date
2012-10
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
KIU. College of Economics and Management.
Abstract
The study intended to establish the relationship between Profitability and Export
Volumes of Certified Organic Dried Fruits of Selected Companies in Central
Uganda. It was guided by the following objectives which included determining:
Demographic profile of the respondents; level of profitability; level of export
volumes of certified organic Dried Fruits and whether there is a significant
relationship in level of Profitability and Export Volumes of Certified Organic Dried
Fruits of Selected companies in Central Uganda. Researcher made questionnaire
were used to collect data from 140 respondents selected purposively. A descriptive
correlational, cross-sectional and expost-facto design were used. Data analysis was
done using frequencies, percentages, means, and Pearson linear correlation
ecoefficiency (PLCC) were used to analyze data. The findings indicated that there is
a high level of profitability in certified organic dried fruits, there is a high level of
export volumes of certified organic dried fruits and a significant relationship in the
level of profitability and export volumes of certified organic dried fruits of selected
companies in central Uganda. Leading to a conclusion that profit significantly
explains the high rates of export volumes in selected export companies in central
Uganda. The researcher recommended that the certified organic dried fruits of
selected companies in central Uganda should thoroughly; Make their business
distinctive and carry merchandise the competitors don’t have; price merchandise
according to what is appropriate; focus on buying more named brand promotional
and off-price merchandise; test different aspects to promote business; identify
vendor performance regarding sales, mark-up, turnover, and profits; use sales
forecasts, expense sheets, and financial statements on regular basis; develop a
tracking system for those products that are your best-sellers; buy closer to the
selling season to minimize the risk of making a bad buy; attend trade shows and
join buying groups to find better values; seek suggestions from vendors on ways
you can boost business; use a store questionnaire to aid you in determining
customersT wants and needs. Export volumes ; develop a timely markdown
strategy to dispose of out-of-season inventory, avoid shortages of your most
popular and profitable classifications; promptly return substandard and problem
merchandise; offer customers better prices, more values, wider selections, and
add-ons; specify delivery and completion deadlines for all initial orders and future
reorders; display merchandise to make it easier for customers to see, feel, touch,
and buy; look for new opportunities to increase prices on items your competitors
don’t carry.
Description
A thesis presented to the college of higher degrees and research Kampala International University Kampala, Uganda in partial fulfillment of the requirement for the award of the degree of master of business administration (international business)
Keywords
Profitability, Certified organic dried fruits