This website uses cookies to ensure you have the best experience. Learn more

Requirements Of Specific Market Opportunities; The Fiji Fresh Market

563 words - 2 pages

Horticultural exports have grown steadily from 1970, 1.8% of exports through to 2003 9.3% of total Horticulture exports. Fiji is one of the main countries that New Zealand exports fresh potatoes too, reaching $9 million in 2003. However, the Fiji potato market demands specific requirements on the fresh potatoes that are exported there.Potatoes that are exported to Fiji are required be to of a high standard. Potatoes that are exported to Fiji need to have a phytosanitary certificate. A phytosanitary certificate ensures that the potatoes that are going to be imported to Fiji were grown in an area entirely free from potato cyst nematode and are therefore of a high quality. The potato shipments require a phytosanitary certificate sent to the importer in Fiji for clearance, before the actual potatoes enter Fiji. This is important to Fiji as Fiji is nematode free, releasing potatoes that are potentially infected with nematode will cripple the domestic potato and fresh vegetable market. Fiji would then have to rise the price of exporters exporting potatoes to Fiji to cope with this problem.The fresh market of Fiji market require around 12 to 14 thousand tonnes per year (1-1100 tonnes per month), preferring the potato mass of 170-20 grams and size of 45 mm - 95 mm. This figure is climbing as the traditional use of rise is changing, there is now a shift in this tradition, especially among the 51% of Fijian Indians living in Fiji, towards the use of potatoes. The potatoes that are majority required/exported are the floury cultivars, such as Agria, Draga and Ilam Hardie. These potatoes are required the most as they work best with...

Find Another Essay On Requirements of specific market opportunities; The Fiji fresh market

The Relevance of Market Research Essay

560 words - 3 pages competes, as well as the kind of customer the company is trying to target, getting a specific view of the needs and behaviour of its potential customers. Market research is undoubtedly essential to the success of any business, whereas it will guide its strategies, support its decisions, give the company an advantage over its competitors and contribute to achieve its goals. The data gathered from primary and secondary researches would generate

The Concept of Market Segmentation Essay

4563 words - 18 pages The Concept of Market Segmentation The assistant to the Manager of the marketing department of Dyson have been asked to write a report that describes the concept of market segmentation with suggestion on how Dyson could segment its markets, an outline of the new product development process along with suggestions of how Dyson should apply these stages and concluding with an explanation of how Dyson can perform their

Entering the Market of Hungary

1535 words - 6 pages Purpose: This paper will address the feasibility of a US company entering the market of Hungary. I will explore four major cultural components of the country that affect doing business in Hungary. Cultural Impact: According to the Hofstede Centre there are five dimensions of culture, Power Distance, Individualism, Masculine/Feminine, Uncertainty Avoidance, and long term orientation. According to the Hofstede Centre "Power distance is

The Sources of Market Failure

1319 words - 5 pages The Sources of Market Failure Market failure is a situation in the free Market system that prevents the most efficient allocation of economic resources. An optimum allocation of resources is said to exist when it is impossible to make on e member of society better off without making at least one member of society worse off by reallocation the resources to produce a different range of goods and services. Market failure

The Effects of Market Failures

2048 words - 8 pages The Effects of Market Failures Innovation has a crucial impact on the standards of living in particular economy. It is generally agreed that research and innovation are the main sources of growth and job creation in market economies. i.e. output is increased through greater acquisition of knowledge. Subsequently, 2 things matter for economic growth: savings and the state of the productive knowledge (i.e. shows how

Weekly Analysis of the Market

1341 words - 5 pages During the week the market was exposed to a number of economic data points which ultimately helped drive equities marginally higher for the week. On Monday we received October consumer credit which came in better than expected at down $3.5 billion, compared to a revised -$8.8 billion in the prior period and better than forecast estimates of -$9.4 billion. While the head line number looks encouraging, implying consumer credit constrictions are

The Triumph of the Free Market

967 words - 4 pages Based on the strongest foundations of reason, logic, and non-coercion, the principles of the free-market are just as applicable to proper government and social conduct as to economics. To illustrate this, I will explore in broad terms the moral and practical reasons the free-market is the best base for a proper society. First, I will explain how interference with market processes creates massive economic harm; second, how deviation from market

The History of the Stock Market

1099 words - 4 pages The History of the Stock Market In the beginning, there was no real stock market. However stock exchanges did take place in smaller groups and corporations. This all took place during the 1700's where stocks were already around for a long time before that but it wasn't really popular in the United States. Stocks originally started as auctions where traders called out names of companies and the shares available. There was a auction that

Analysis of the Electronic Cigarettes Market

2291 words - 9 pages Introduction This report explores E-cigarettes. First, it introduces E-cigarettes, their market information, and their special characteristics. Second, the report will state their market structure, market competitions and government regulations. Then, the report will explain why E-cigarettes should be normal goods and how the suppliers could increase demand. Next, the report will analyse the development of this market, its opportunities for

Cause of the crash in stock market

2367 words - 9 pages 1. Introduction1.1 Black MondayThe 1987 stock market crash stands out as one of the most remarkable financial events of the 20th century, perhaps since the emergence of our capitalist system several centuries ago. What makes it remarkable is:1) The historic extent to which markets fell, an unprecedented 23%, and that they did so all over the world.2) Its suddenness, how it appeared out of nowhere, and only took one day to play itself out.3) Its

AN ANALYSIS OF THE EMERGING BOND MARKET

1841 words - 7 pages (particularly between 1994 and 1997), the emerging bond market has witnessed unprecedented growth rate. According to Reports from the International Monetary Fund, between 1995 and 2005 the amount outstanding doubled in size every five years, from about $1 trillion in 1995 to $4.5 trillion in 2005.Initial observations about emerging market bonds suggest that the benefits of possessing the bonds outweigh the risk (Nemerever, 1996). However, successive

Similar Essays

The Market For Ice Cream In America Creamy Opportunities For A Chilly Market

3306 words - 13 pages opportunities in the already saturated ice cream market. While basic varieties of ice cream (vanilla, chocolate, etc.) lead ice cream sales, Mintel found that other ice cream products (such as frozen novelties, frozen yogurt, tofu, sherbet-type products) are growing at an extremely fast rate. Co-branding with popular chocolate and coffee brands to create ultra-premium products is increasing in popularity as well, leading to the development of numerous

A Study Of The Market Reforms In Post Communist Eastern Europe Eith A Specific Case Study Of Poland

3904 words - 16 pages A study of the market reforms in post-communist eastern Europe with a specific case study of PolandIntroductionPoland, as well as it's fellow post-communist countries, face an arduous task inre-inventing their economies to match the dominant Western style currently dominating the world. The difficulties lie in the areas of ideology, structural needs (massive changes required), world recession(current) and debt load.Communist EconomicsWhy did the

How Did Kodak Change Its Strategy To Respond To The Opportunities And Threats In The Photographic Imaging Market

738 words - 3 pages 3. - How did Kodak change its strategy to respond to the opportunities and threats in the photographic imaging market?In the beginning the strategy followed by Kodak due to a new and a big market of the recording imaging in paper "the photography" was: mass production to lower production costs; maintaining the lead in technological development; extensive product advertising; and the development of a multinational business to exploit the world

The Importance Of Market Research Essay

1051 words - 4 pages that creates a foundation for what a company needs to research to identify what opportunities are given and what steps need to be taken to achieve the goals. The American Marketing Association defines marketing research as the “systematic gathering, recording, and analyzing of data with respect to a particular market, where market refers to a specific customer group in a specific geographic area” (McDaniel & Gates, 2006, p. 6). However, according to