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Franks, J.R.; Collis, Jimi. |
Benchmarking is the practice of establishing the relative performance of a business or enterprise against an appropriate standard, generally industry standards derived from a survey of farms. The Policy Commission into the Future of Farming and Food (2002) highlighted a need to spread and improve benchmarking on farms. The requirements of effective benchmarking are illustrated in a ten step framework. The ten steps illustrate the range of expertise and resources a manager requires before being able to justify allocating resources to benchmarking. A comparison of alternative farm surveys and methodologies used to collect, analyse and report industry standards illustrates the difficulties farmers can have in identifying appropriate, robust and accurate... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Benchmarking; Comparative analysis; Processes; Industry standards; Methodology; Techniques; Farm Management. |
Ano: 2003 |
URL: http://purl.umn.edu/24326 |
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Franks, J.R.. |
In 1994 Milk Marketing Boards in the UK were disbanded, their role as milk purchasers was taken by more than 100 licensed organisations. It is shown that this change resulted in an increase in the variation between producers' milk price. The majority of dairy farmers sold milk through the Milk Marketing Boards designated successor; a farmer owned co-operative called Milk Marque. In doing so they accepted a 1.5 ppl milk price penalty. It is shown farmers who adopted this strategy did so because of the perceived financial security of Milk Marque, goodwill and support for the principle of co-operative marketing and in an attempt to protect the milk price over the longer-term. The marketing environment changed once again in 2000 when Milk Marque was disbanded.... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Co-operative marketing; Milk prices; Regression analysis; Logit analysis; Agribusiness; Demand and Price Analysis. |
Ano: 2002 |
URL: http://purl.umn.edu/6969 |
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