ABSTRACT
This
study was conducted to ascertain the chain analysis of rice market in Abia
State Nigeria. The survey research design was adopted using the muti-stage
random technique. Primary and secondary data were extensively used while the
questionnaire was used in eliciting information from the respondent. The specific
objectives of this study are to describe the socio-economic characteristics of
the respondents; determine the factors that influence profitability of the enterprise;
analyze the structure, conduct, and performance of rice market; identify major constraints
of rice marketers in the study area and make recommendation based on the
findings. The respondent was selected through a questionnaire administered to
them. A total of 120 questionnaires was distributed and 94 was responded. The
result of the analysis was made through descriptive statistics and regression model.
From the findings, it has been observed that profits in the enterprise depends
on certain factors like age of the respondents, income level, household size,
marketing cost, sales volume or volume of scales and experience. It was also
seen that entry into the market is free. Cost price is the major determinant of
fixing prices in the market. The performance shows that as volume of sates
increases, profitability among rice marketers increases. High risk and high
transport cost were the major constraints faced by the marketers. It is
therefore recommended that marketing costs which has negative relationship with
profit, should be reduced to the nearest minimum. Furthermore, efforts should
be made by government in the provision of roads which has effects on
transportation of produce, risk involves in travelling amongst others.
CHIKWENDU, A (2021). Chain Analysis Of Rice Market In Abia State, Nigeria. Mouau.afribary.org: Retrieved Dec 25, 2024, from https://repository.mouau.edu.ng/work/view/chain-analysis-of-rice-market-in-abia-state-nigeria-7-2
ALOZIE, CHIKWENDU. "Chain Analysis Of Rice Market In Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 02 Jun. 2021, https://repository.mouau.edu.ng/work/view/chain-analysis-of-rice-market-in-abia-state-nigeria-7-2. Accessed 25 Dec. 2024.
ALOZIE, CHIKWENDU. "Chain Analysis Of Rice Market In Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 02 Jun. 2021. Web. 25 Dec. 2024. < https://repository.mouau.edu.ng/work/view/chain-analysis-of-rice-market-in-abia-state-nigeria-7-2 >.
ALOZIE, CHIKWENDU. "Chain Analysis Of Rice Market In Abia State, Nigeria" Mouau.afribary.org (2021). Accessed 25 Dec. 2024. https://repository.mouau.edu.ng/work/view/chain-analysis-of-rice-market-in-abia-state-nigeria-7-2