ABSTRACT
Poultry business is lucrative and economically vibrant. This study ascertained the effects of diversification strategy on marketing performance of poultry enterprises in Abia State, Nigeria. The study had specific objectives which were ascertained. The study ascertained the diversification strategy adopted by poultry enterprises in the study area. It evaluated the cost and benefits of adopting diversification strategy, identified factors that affect the extent of diversification among poultry enterprises and finally ascertained the effects of diversification in marketing performance of poultry farmers. The study prove that male are dominant in the business with relatively educated operators and marketers. the age boundary is about 38 years which showed that energetic persons are into the business with relatively high experience. The greater percent of the poultry farmers are married and the diversification or number of income yielding business is about 6 – 10 number of poultry animals. Distributing a product line was mostly practiced in the study area. The greatest benefit of diversification was increase of income in the study area. Cost of diversification is the high cost implication and lack of expertise. Problems of poultry enterprises were bad road and transportation in the study area. The study proved that diversification improves the marketing performance and profit of poultry enterprises. Factors that affect diversifications were expertise cost of diversification, number of workers, income, resource availability and competitors’ activities.
TABLE OF CONTENTS
Title page i
Declaration ii
Certification iii
Dedication iv
Acknowledgment v
Table of contents vi
List of tables ix
Abstract x
CHAPTER ONE
1.0 INTRODUCTION 1
1.1 Background of the study 1
1.2 Statement of the problem 2
1.3 Objectives of the study 4
1.4 Research questions 4
1.5 Research hypotheses 5
1.6 Significant of the study 5
1.7 Limitations of the study 6
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE 7
2.1 Conceptual view of diversification 7
2.2 Motives for diversification 7
2.3 Demerits of diversification 8
2.4 Factors necessitating diversification 9
2.5 An overview of poultry in Nigeria 12
2.6 Categories of poultry birds 13
2.7 Various form of chicken 14
2.7.1 Other poultry business that abound in Africa 19
2.7.2 Poultry business in Nigeria 20
2.8 Profit potential in poultry business in Nigeria 20
2.8.1 Strategies for a successful poultry business in Nigeria 21
CHAPTER THREE
3.0 RESEARCH METHODOLOGY 24
3.1 Research design 24
3.2 Area of the study 24
3.3 Population of the study 25
3.4 Determination of sample size 25
3.5 Sampling techniques 26
3.6 Method of data collection 26
3.7 Method of the data analysis 27
3.8 Validity and reliability 29
CHAPTER FOUR
4.0 RESULTS AND DISCUSSION 30
4.1 Diversification strategy adopted by poultry enterprises and socio-economic characteristics 31
4.2 Evaluating the cost and benefits of diversification 38
4.3 Analyzing factors affecting the extent of diversification poultry
farmers 40
CHAPTER FIVE
5.0 SUMMARY OF FINDINGS, CONCLUSION AND
RECOMMENDATION 45
5.1 Summary of findings 45
5.2 Conclusion 46
5.3 Recommendation 47
REFERNCES
Appendix
LIST OF TABLES
Table 4.1 Distribution and return of questionnaires
Table 4.1.2: Distribution on age of the respondents
Table 4.1.3: Distribution on gender
Table 4.1.4: Distribution on marital status
Table 4.2: Distribution on household
Table 4.2.1: Distribution on education qualification
Table 4.2.2: Distribution on number of poultry animals
Table 4.2.3: Distribution on diversification strategy
Table 4.3.1: Distribution on the benefits
Table: 4.3.2: Distribution on the costs
Table 4.4: Distribution on problem
Table 4.4.1: Analyzing factors affecting the extent of diversification among poultry farmers
IKEIJE, M (2020). EFFECTS OF DIVERSIFICATION STRATEGY ON MARKETING PERFORMANCE OF POULTRY ENTERPRISES IN ABIA STATE, NIGERIA. Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-diversification-strategy-on-marketing-performance-of-poultry-enterprises-in-abia-state-nigeria
MOUAU/11/18384, IKEIJE. "EFFECTS OF DIVERSIFICATION STRATEGY ON MARKETING PERFORMANCE OF POULTRY ENTERPRISES IN ABIA STATE, NIGERIA" Mouau.afribary.org. Mouau.afribary.org, 27 Apr. 2020, https://repository.mouau.edu.ng/work/view/effects-of-diversification-strategy-on-marketing-performance-of-poultry-enterprises-in-abia-state-nigeria. Accessed 28 Nov. 2024.
MOUAU/11/18384, IKEIJE. "EFFECTS OF DIVERSIFICATION STRATEGY ON MARKETING PERFORMANCE OF POULTRY ENTERPRISES IN ABIA STATE, NIGERIA". Mouau.afribary.org, Mouau.afribary.org, 27 Apr. 2020. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-diversification-strategy-on-marketing-performance-of-poultry-enterprises-in-abia-state-nigeria >.
MOUAU/11/18384, IKEIJE. "EFFECTS OF DIVERSIFICATION STRATEGY ON MARKETING PERFORMANCE OF POULTRY ENTERPRISES IN ABIA STATE, NIGERIA" Mouau.afribary.org (2020). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/effects-of-diversification-strategy-on-marketing-performance-of-poultry-enterprises-in-abia-state-nigeria