Investigating alternative governance systems for the South African mohair supply chain

Autor:	Johann F. Kirsten, Daniel du Plessis Scheepers Jordaan
Rok vydání:	2008
Předmět:	Transaction cost Economics and Econometrics Supply chain Geography Planning and Development Market system Spot market Profit (economics) Mohair marketing governance structure supply chain Commerce Economics Niche market Mohair Market environment Agronomy and Crop Science
Zdroj:	Agrekon. 47:258-284
ISSN:	2078-0400 0303-1853
DOI:	10.1080/03031853.2008.9523800
Popis:	Mohair is an exclusive natural animal fibre with niche market appeal. It is, however, questionable whether it is inherently suited to a commodity-based marketing system in a marketing environment that requires marketing systems to convey far more information than commodity-based systems do. Historically, mohair has been considered a commodity and the marketing system for mohair has been structured accordingly. It is, however, argued that, the exchange between mohair growers and the buyers of greasy mohair requires increased levels of coordination to govern the exchange in a transaction costs efficient manner. The inefficiencies created by an inappropriate or incomplete marketing system for South African mohair are expected to lead to a loss of consumer value and a loss of potential profit throughout the mohair supply chain if a more coordinated governance structure is not implemented to curb these costs and augment the current spot market exchange.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f5ee44a1216a7d57e260bf3715de2bb2 https://doi.org/10.1080/03031853.2008.9523800 Zobrazit plný text záznamu