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EN
The paper examines bilateral intra-industry trade (IIT) in the EU dairy products industry in 1993-2000, disentangling vertical from horizontal IIT and analysing the determinants of both IIT types. The results lend support to the contention that there are different determinants for horizontal and for vertical IIT. The GDP per capita variables show mainly expected and significant signs. The regression results are robust for different specifications and when alternative values to separate horizontal from vertical IIT are considered.
EN
The article presents the results of the analysis of the factors influencing the financial liquidity of the enterprises of food industry in Poland in 2005-2008. The analysis used the proposal to a causal relationship factors influencing the liquidity, where the level of financial liquidity is determined by the structure of assets, rotation of the current liabilities and the financing strategy.
EN
The article, on one hand, presents the food industry's impact on the natural environment and, on the other hand, describes the results of efforts to analyse the food industry's outlays on investments connected with environmental protection, basing on research conducted with the help of questionnaires. The research covered the food processing enterprises of the Lubelskie province. The surveyed enterprises, which are dispersed and characterised by a high degree of fragmentation, have a strong influence on the level of pollution in the region. This compels the food sector's entities to engage in environmental projects. In the analysed period the value of the sector's pro-ecological investments grew four times. These investments were most frequently financed from the food industry's own resources which accounted for more than a half of the expended amounts. Investments in waste-water management and investments in the protection of waters have the highest share in the structure of implemented pro-ecological ventures - both in terms of quantity and value. A division of the investments by type shows, however, that 'end-of-pipe' investments, that is investments which limit the emission of the generated pollutants, are still dominating.
EN
Spot markets sometimes fail to govern the whole or part of the marketing channel effectively, and contractual relations are gaining more importance. This applies especially to agricultural markets, which have become more differentiated, while market players are vulnerable in most cases. The aims of our research are to present a theoretically structured framework for the contracting arrangements of milk producers, based on Transaction Cost Economics predictions and an empirical analysis of the key determinants of governance structure between farmers and dairy processors in Hungary. The source of the research is a theoretical argument based partly on a review of Hungarian and international literature on relevant market channels, and the economics of contracting and governance structures. These give theoretical determinants of testable prepositions. A postal survey of milk producers was carried out in the second quarter of 2005. Altogether 300 questionnaires containing closed and open questions were sent out to milk producers, and 68 responses could be evaluated. The results were structured and electronically converted for SPSS software. The data was analysed by multivariate techniques (cluster analysis, linear regression, multidimensional scaling, etc). The seven hypotheses were grouped into three sections: those related to governance structure, contract features, and bargaining power/cooperation. The findings from the empirical research were that two of the hypotheses had to be rejected and all the others accepted.
EN
After Poland's accession to the EU, it turned out that the threats are smaller than forecasted and our food producers efficiently use the opportunities resulting from the opening of a large and wealthy European food market. Polish food economy is well-prepared to operate within the Common European Market. Mutual full opening of markets was not a hindrance to the development of the Polish food economy; instead it became a strong impulse for its growth. Within the 5 years of our EU Membership the export of agri-food products increased from EUR 4.0 billion to EUR 11.3 billion (2.8 times) whereas the import increased from EUR 3.6 billion to EUR 9.8 billion (also 2.8 times) and the surplus increased 3.3 times from EUR 0.4 billion to EUR 1.5 billion. Despite the observed positive transformations, efficient competition with the other Community States is hampered by a relatively low concentration level of agricultural production and food processing, low labour efficiency in food industry and not very active marketing and promotion of Polish agri-food products. The creation of durable competition advantages requires the formation of a highly productive, market-oriented segment of farms in Poland.
EN
The aim of the paper was to present the material procurement of the agricultural sector as well as the processes of creating and distributing of agricultural products' supply in Poland and in Germany. The economic development led to the growth of importance of the sectors providing means of production and rendering services to the agricultural sector in the material procurement of agriculture. As agriculture is becoming mainly a primary production sector, its significance in this scope has diminished. It is confirmed by the fact that the supply of agricultural products is intended mainly for indirect consumption. Apart from self-supply, agriculture is an important raw material supplier for the food industry and other branches of the country's economy. The remaining, smaller part of supply is intended for fulfilling a final demand especially including the consumption in households.
EN
The food industry is one of the most serious sources of environmental pollution in Poland. The process of production of food articles, which entails the use of various raw materials, various auxiliary materials and technologies, leads to the generation of a number of pollutants in the form of solid and liquid wastes, dusts and gases. It should be noted that the condition of the natural environment has a decisive meaning for the production of food and, in particular, for the quality of food because food free from chemical impurities can be produced only in an uncontaminated environment. It is an important task, therefore, to determine conditions which stimulate food processing enterprises to launch pro-ecological ventures, and to identify barriers encountered in the process of implementation of these ventures. In order to analyse the aspects presented above surveys covering food processing enterprises active in Lubelskie voivodeship were carried out in March-August 2006. The results of the conducted surveys proved that legal regulations pertaining to environmental protection had the strongest influence on the enterprises' decisions to launch pro-ecological efforts. In turn, the difficulties or barriers to the implementation of pro-ecological ventures most frequently indicated by the respondents were: problems with setting aside means needed to finance such investments, the necessity to pay back credits and loans drawn for the implementation of pro-ecological investments, and growth in the current cost of operation of newly installed devices serving the protection of the natural environment.
EN
The main target of the study was to assess the financial situation of the food industry sectors in Poland in 2010 using a synthetic meter constructed with TOPSIS method. The analysis was based on unpublished statistical data from the Central Statistical Office. The research showed that the best financial situation characterized the industries that based their activities on animal products processing, secondary processing and manufacturing stimulants. These industries were characterized by the highest level of return on equity and a high use of foreign capital in financing economic activity. The lowest values of the synthetic meter, as well as the weakest financial condition, appeared in sectors whose business was based on crop production, e.g. low-processed products. They were characterized by low profitability and low involvement of foreign capital in financing of activities. In this group there were also difficulties with the settlement of liabilities.
EN
The paper has been intended to present raw materials purchasing in the food industry, creation and allocation of food industry products supply in Poland and Germany. A correlation analysis that has been carried out in the Polish agri-food industry shows that changes are favourable, and the internal structure of raw material purchasing as well as the ties between food industry and national economy are changing. A comparative analysis shows that the role of the first sector, including mainly the services sector, for the raw material purchasing in the third sector has to increase. The agri-food sector will act as a recipient of agricultural raw materials and as the major supplier of finished food products to the customers (final demand). The role of exports and imports in creation and allocation of food industry products supply should increase - this in turn will result in a growing impact of the global processes on development of the entire agri-food sector in Poland. All elements of the food economy are equivalent without any doubt, although the agri-food industry should play the leading and integrating role.
EN
The article presents the results of research into the effectiveness of working capital management in the food industry. The research was carried out within a set of 30 sectors (classes) of the food industry in the period from 2005 to 2009, on the basis of unpublished data of the Central Statistical Office. The effectiveness of working capital management was assessed using the inventory, receivables and payables cycle and the cash conversion cycle as well as with regard to the rates of return achieved on assets and own capital. The research indicated that in sectors where the cycles mentioned were the shortest the rates of return were the highest. The advantageous impact of shortened working capital cycles on economic viability was also verified by means of the correlation and regression analysis.
EN
One of the major sources of the natural environment's contamination in Poland is production carried out by the food industry. The process of production of food articles, during which various raw materials, auxiliary materials and technologies are used, leads also to the creation of pollutants. It becomes important, therefore, to define the degree of involvement of the food industry's entities in pro-ecological activities. Hence, the authors have undertaken an attempt at analysing the scope and structure of investment outlays on environmental protection by the food sector in Poland and selected countries of the European Union. In recent years Poland and Sweden have been characterised by diminishing outlays on environmental protection, whereas in the Czech Republic pro-ecological expenditures have risen. However, in per capita terms the largest amounts were allocated to environmental protection by Swedish enterprises – EUR 2.10 yearly, and the smallest amounts were allocated by Polish enterprises - less than EUR 0.50 yearly. The annual index for Czech enterprises was EUR 1.20. In 2000-2002 Poland was characterised by the lowest share of integrated investments (approximately 30%). The structure of investment outlays was the most favourable in Sweden where investments in the prevention of pollution accounted for nearly a half of all environmental investments. An analysis of the directions of investment efforts suggests that outlays on the protection of air and climate had a dominating share in the overall environmental investments only in Sweden. In the remaining countries outlays on waste water disposal and protection of waters had a dominating share in the total environmental investments.
EN
The paper seeks to determine the influence and the significance of marketing activities in the processes of agriculture's integration with the food industry. It presents brief descriptions of marketing groups as examples of the integration of agricultural producers. In the sphere of agriculture's integration with the food industry marketing plays a double role: firstly, it integrates vertically, strengthening the ties, and, secondly, it supports the strategy of achieving a market success which is indispensable to ensure sufficient advantages, attractive to the interested parties. In a vertically integrated system in which the leading role is played by the food industry marketing creates conditions for market expansion, diminishes the barrier to the sale of agricultural products, improves and stabilizes the profitability of production, reducing the income insufficiency of agricultural farms, provides information about the needs of the consumers of food articles and facilitates the adoption of strategic decisions. The formation of producer (marketing) groups, especially in the conditions of fragmented agriculture, is advantageous not only to the agricultural producers themselves but also to the food processing enterprises and the entire wholesale and retail trade network.
EN
The article presents the results of the efficiency of working capital management in small, medium and large enterprises of the food industry in Poland years in 2005- -2009. The efficiency of working capital management has been evaluated by using the in-ventory cycle, receivables, liabilities and cash conversion cycle and by its relation to rate of return on non-financial assets. Studies have shown that the effectiveness of working capital was differentiated by size of enterprises and in industries where working capital cycles are the shortest, a relatively higher rate of return on assets was achieved. In the national food industry the highest efficiency, measured by cash conversion cycle and assets profitability, was characteristic for large companies. The beneficial effect of shortening the cycle of working capital on the profitability of assets also verified the regression analysis.
EN
The paper presents the evaluation of changes in competitive potential of food industry in Poland in the years 1994-2009. Accepted measure of competitive potential of this partial productivity (capital and labor), and total productivity (TFP). The analysis showed a significant increase in labor productivity and the level of technical equipment of employed. That was the basis for improving competitive potential of the food industry to compete on the EU market. However the most important is improving competitive potential in long-term. This requires, to a greater extent than at present, efforts to make changes related to the development of innovation (especially organizational and marketing innovation), creation and spreading of knowledge and intangible assets infrastructure.
EN
The article attempts to verity the cause and effect relationships between the indicators of stock management and the financial performance of enterprises. The research was based on the CSO statistics for 2005-2010 divided into food industry sectors. Relaying on the estimated parameters of the return on sales, return on assets and return on equity models it was stated that improvement of stock management efficiency, measured with the length of stock cycle, is positively correlated with profitability.
EN
A coherence of the processes developmental of the Polish farming and the food industry were assessed. Dynamics of the evolution of production and the demand, the value added of both incomes of the agricultural entrepreneur and the food processing industry worker and agricultural prices, the food processing industry worker and the consumer were an object of analysis. A lack of developmental coherences of the processes of these two main elements of the food economy and a lack of correlation were stated between them. In the domestic scale (and local) are weakening the course doesn't also often confirm their interaction and the relation, but them of formulated thesis about the transfer of profits on the farming for the processing. Such a state requires including processes of developmental phenomena in examinations about global character and the verification of many theses proposed earlier by economic-agricultural sciences.
EN
In the article the features of socio-economic mechanism of management are exposed by labour potential of enterprises of food industry. Certain organizational approaches and methodology of research of labour potential of enterprise. Worked out to recommendation in relation to overcoming of existent problems of economic development of enterprises of food industry.
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