Describe five functions of marketing boards
Answers
Answer:
1)Mobilizing money
One of the functions of the marketing board is to help the government to mobilize money for the purchase of the products that are produced by the farmers.
2)Buying and selling
One can see from the point above that one of the major reasons for the establishment of marketing boards is to buy the products from the producers and sell them to buyers, whether the buyers are from within the country or outside. In other words, the products are exported to the international markets for profit.
3)Grading of produce
Another function of the marketing boards is to categorize the produce into various grades. Not all the produce will be of the same standard so they cannot all be boxes into one. In order to maximize profits, the board separates and prices them to get more profit
4)Conduct of research
Another function of the marketing board is to conduct research or commission one to be conducted into any problems that might be bedeviling the industry. For example, is the cocoa trees in Ghana are being attacked by any disease, it is the duty of the Cocoa Board to research into the causes and to find solutions to it so that it does not affect the other trees.
5)Provide inputs
The marketing board is also duty bound to ensure the supply of inputs to the industry. The procurement of seedlings, fertilizers, pesticides, spraying cans, etc are some of the items that are needed by the producers and the marketing board must make sure it procures and resources the producers.
Answer:
The marketing board is also duty bound to ensure the supply of inputs to the industry. The procurement of seedlings, fertilizers, pesticides, spraying cans, etc are some of the items that are needed by the producers and the marketing board must make sure it procures and resources the producers.