THE PROFITABILITY OF INVESTMENT IN COCOA BUSINESS IN IFEDORE LOCAL GOVERNMENT AREA OF ONDO STATE
TABLE OF CONTENTS
Title page
Certification
Dedication
Acknowledgement
Abstract
Table of contents
List of tables
CHAPTER ONE
1.0
INTRODUCTION
1.1
Background
information
1.2
Statement
of the problem
1.3
Objective
of the study
1.4
Significance
of the study
CHAPTER TWO
2.0
LITERATURE
REVIEW
2.1
Agricultural
Production Economies
2.2
Agricultural
Marketing
2.3
Return
on Investment
2.4
Cost
2.5
Difference
Between the Income and Operating cost 9
CHAPTER THREE
3.0
METHODOLOGY
3.1
Area
of study
3.2
Sampling
Technique
3.3
Method
of Data Collection
3.4
Method
of Data Analysis
CHAPTER FOUR
4.0
FINDINGS
AND DISCUSSION
CHAPTER FIVE
5.0
SUMMARY
CONCLUSION AND RECOMMENDATION
5.1
Summary
5.2
Conclusion
5.3
Recommendation
REFERENCES
APPENDIX
CALL 07064961036 FOR COMPLETE MATERIAL
LIST OF TABLES
TABLE DISTRIBUTION PAGE
4.1
Gender
Distribution of the respondents
4.2
Age
Distribution of the respondents
4.3
Distribution
showing respondents marital status
4.4
Distribution
showing respondents number of children
4.5
Distribution
of the respondents according to years of Experience
4.6
Distribution
showing respondents level of Education
4.7
Distribution
showing respondents Engaged in order Activities
4.8
Distribution
of respondents showing amount used to start Business
4.9
Distribution
of respondents showing means of Transportation
4.10 Respondents source of capital
4.11 Distribution of the respondents
according ownership of store.
4.12 Distribution showing respondents
categories of Labour Employed
4.13 Distribution shoeing respondents
materials used for marketing Cocoa Beans.
4.14 Membership of co-operative
multipurpose union
4.15 Distribution showing respondents way
of selling Cocoa Beans
4.16 Distribution showing respondents price
Determination by Grade.
CHAPTER ONE
INTRODUCTION
Cocoa Marketing is the process
whereby ownership of cocoa beans is transferred from grower to the chocolate
manufacturer.
Broadly, there are many stages
involved cocoa marketing, for instance, in the past, only dried beans were
taken to central store where the buyers weigh and pay for the cocoa beans. During the time where cocoa and chocolate
were still luxury articles, producer sent their cocoa to Agents in London and
other consuming centers where it was sold by auction or by negotiation. Nowadays, marketing is done right from the
village.
Cocoa trade is now gurte a big
business and thousands of people are engaged and earn their income from it both
at the farm level and at industrial processing stage. It is pertinent to recall that cocoa market
gained prominence rapidly in Nigeria,
such as that in 1965. Nigeria rose to
become the second largest exporter in the world. Cocoa
contributed to aggregate export earning.
Cocoa pod husks find use in the manufacture of animal feed and soap
manufacturing. Cocoa fetches the best price in the markets
in the month of September and March the following year.
Statement of the Problem
There is scarcity of cocoa beans in
the market, given that fact that home based companies are operating at lesser
than their capacities. The demand for
cocoa beans had of recent pushed up the price given the liberalization of the
export. Policy of Government as a result
of the scraping of the cocoa board and the price of cocoa beans fluctuars and
marketers are complaining of not making reasonable margin.
Normally, if the prices of cocoa
beans increase and there is enough return from marketing the beans, more people
will be working to engage in its marketing and will improve the marketing efficiency.
Therefore, it is necessary to examine
the profitability of investment in cocoa marketing in the study area.
Objectives of the study
The objectives of the study are as
follows:
i.
To
identify the demographic characteristics of the cocoa marketers in Ifedore
Local Government Area.
ii.
To
quantity the cost associated with cocoa marketings.
iii.
To
determine the market returns of the business
Significance of the study
The need for production and marketing
to enhance profitability of investment in cocoa marketing cannot be over
stressed. For the nation to develop –
economically, the problem of fluctuation in price of cocoa should not be over
emphasized. There should be full support
to the industry commensurate which the future potential of cocoa.
Thus, there is a need to embark on
the study in order to identify problems associated with profitability of
investment in cocoa marketing together with its economics and to look at ways
of solving them.
This study will also enlighten those
intending to go into the trade the cost involved in the business so as to
minimize the cost that will give favourable return to enhance profitability in
the venture. Also the study will be
beneficial to the prospective investors in the business about the cost involve
and the expected return.
