The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory

Habtamu Legese Feyisa

doi:doi:10.11648/j.sjbm.20190701.12

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The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory

Habtamu Legese Feyisa

Published in Science Journal of Business and Management (Volume 7, Issue 1)

Received: 27 December 2018 Accepted: 18 January 2019 Published: 31 January 2019

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Abstract

Though improving the industrial sector has been a major focus for many developing countries including Ethiopia, satisfying studies have not conducted on the sector. This paper tried to evaluate the economic performance of alcohol and liquor factory with particular reference to National Alcohol and Liquor factory in terms of productivity, profitability, capacity utilization, marketing and the socio-economic contribution of the factory. The study used the descriptive method of data presentation and the main data source of the study was the published and unpublished document of the factory from the period 2011 to 2018. The findings show that the whole productivities, measured by total factor productivity index was almost stagnating in each production year of the study considers. Regarding market performance, the study found out that the factory promoted modern marketing strategy and it became beneficiary from the strategic location since it touches every part of the country through its product. Generally, the result of the study shows that even though the performance of the factory was increasing over the year under consideration, there is still a better way of increasing the performance of the factory. The study recommends for efficient utilization of the existing resource, technological advancement, managerial efficiency and incentives from the concerned body of the government.

Published in	Science Journal of Business and Management (Volume 7, Issue 1)
DOI	10.11648/j.sjbm.20190701.12
Page(s)	8-16
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Industry, Performance, Evaluation, Utilization, Ethiopia

References

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[4]	Kindeye Fenta (2014). Industry and Industrialization in Ethiopia: Policy Dynamics and Spatial Distributions. European Journal of Business and Management, Vol. 6, No. 34, 2014.
[5]	Rama and Simon (2015). Performance Measurement of manufacturing industries in Ethiopia- an Analytical Study. Journal of Poverty, Investment and Development, Vol. 7, 2015.
[6]	Fudan SIRPA Think Tank Report Series (2017). Development and Industrialization in Ethiopia, Reflections from China’s Experience. School of International Relations and Public Affairs, Fudan University, November 2017.
[7]	UNDP (2016). Understanding African experiences in formulating and implementing plans for emergence: Growing Manufacturing Industry in Ethiopia, Case Study.
[8]	UNDP (2017). Manufacturing export performance in Ethiopia. Prepared by Policy Advisory Unit of UNDP Ethiopia.
[9]	Admasu Shiferaw (2017). Productive Capacity and Economic Growth in Ethiopia. CDP Background Paper No. 34. ST/ESA/2017/CDP/34.
[10]	Oqubay A. (2018). The Structure and Performance of the Ethiopian Manufacturing Sector, Working Paper Series N° 299, African Development Bank, Abidjan, Côte d’Ivoire.
[11]	Ministry of Industry (2017). Investment Opportunity in Manufacturing Industry, Investment Research, Monitoring, and Support. Prepared by: Investment Research and Promotion Team.
[12]	Adam Reiffa et al (2002). Analysis of the Hungarian Economy: Productive Efficiency in the Hungarian Industry. Hungarian Statistical Review, Special number 7. 2002
[13]	Fabrizio Pompei (2016). Determinants of productivity at firm- and industry-level. Economics and Industrial Dynamics (2015/2016). Department of Economics, University of Perugia.
[14]	Bartwal (1984). Industrial Economics: An Introductory Text Book.
[15]	Tamrat. T (2014). The economic performance of Ethiopian brewery industry with reference to s. t George brewery, a thesis presented to the school of undergraduate students in economics, AAU.
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[18]	Alderson, W. (1965). Dynamic Marketing Behavior. A Functionalist Theory of Marketing. Homewood: Richard D. Irwin.
[19]	Oz Shy (1995). Industrial Organization, Theory, and Applications. The MIT Press Cambridge, Massachusetts, London, England.
[20]	Simon-Oke (2005). Manufacturing Capacity Utilization and Industrial Development in Nigeria: An Assessment (1976 – 2005). An International Multi-Disciplinary Journal, Ethiopia, Vol. 4 (2) April 2010.
[21]	Lawrence R. Klein and Robert Summers (1966). The Wharton Index of Capacity Utilization (the University of Pennsylvania W, Wharton School of Finance and Commerce, Economics Research Unit.

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APA Style

Habtamu Legese Feyisa. (2019). The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory. Science Journal of Business and Management, 7(1), 8-16. https://doi.org/10.11648/j.sjbm.20190701.12

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ACS Style

Habtamu Legese Feyisa. The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory. Sci. J. Bus. Manag. 2019, 7(1), 8-16. doi: 10.11648/j.sjbm.20190701.12

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AMA Style

Habtamu Legese Feyisa. The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory. Sci J Bus Manag. 2019;7(1):8-16. doi: 10.11648/j.sjbm.20190701.12

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@article{10.11648/j.sjbm.20190701.12,
  author = {Habtamu Legese Feyisa},
  title = {The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory},
  journal = {Science Journal of Business and Management},
  volume = {7},
  number = {1},
  pages = {8-16},
  doi = {10.11648/j.sjbm.20190701.12},
  url = {https://doi.org/10.11648/j.sjbm.20190701.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20190701.12},
  abstract = {Though improving the industrial sector has been a major focus for many developing countries including Ethiopia, satisfying studies have not conducted on the sector. This paper tried to evaluate the economic performance of alcohol and liquor factory with particular reference to National Alcohol and Liquor factory in terms of productivity, profitability, capacity utilization, marketing and the socio-economic contribution of the factory. The study used the descriptive method of data presentation and the main data source of the study was the published and unpublished document of the factory from the period 2011 to 2018. The findings show that the whole productivities, measured by total factor productivity index was almost stagnating in each production year of the study considers. Regarding market performance, the study found out that the factory promoted modern marketing strategy and it became beneficiary from the strategic location since it touches every part of the country through its product. Generally, the result of the study shows that even though the performance of the factory was increasing over the year under consideration, there is still a better way of increasing the performance of the factory. The study recommends for efficient utilization of the existing resource, technological advancement, managerial efficiency and incentives from the concerned body of the government.},
 year = {2019}
}

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TY  - JOUR
T1  - The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory
AU  - Habtamu Legese Feyisa
Y1  - 2019/01/31
PY  - 2019
N1  - https://doi.org/10.11648/j.sjbm.20190701.12
DO  - 10.11648/j.sjbm.20190701.12
T2  - Science Journal of Business and Management
JF  - Science Journal of Business and Management
JO  - Science Journal of Business and Management
SP  - 8
EP  - 16
PB  - Science Publishing Group
SN  - 2331-0634
UR  - https://doi.org/10.11648/j.sjbm.20190701.12
AB  - Though improving the industrial sector has been a major focus for many developing countries including Ethiopia, satisfying studies have not conducted on the sector. This paper tried to evaluate the economic performance of alcohol and liquor factory with particular reference to National Alcohol and Liquor factory in terms of productivity, profitability, capacity utilization, marketing and the socio-economic contribution of the factory. The study used the descriptive method of data presentation and the main data source of the study was the published and unpublished document of the factory from the period 2011 to 2018. The findings show that the whole productivities, measured by total factor productivity index was almost stagnating in each production year of the study considers. Regarding market performance, the study found out that the factory promoted modern marketing strategy and it became beneficiary from the strategic location since it touches every part of the country through its product. Generally, the result of the study shows that even though the performance of the factory was increasing over the year under consideration, there is still a better way of increasing the performance of the factory. The study recommends for efficient utilization of the existing resource, technological advancement, managerial efficiency and incentives from the concerned body of the government.
VL  - 7
IS  - 1
ER  -

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Author Information

Habtamu Legese Feyisa

Department of Economics, Raya University, Maychew, Ethiopia

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Plain Text BibTeX RIS

APA Style

Habtamu Legese Feyisa. (2019). The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory. Science Journal of Business and Management, 7(1), 8-16. https://doi.org/10.11648/j.sjbm.20190701.12

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ACS Style

Habtamu Legese Feyisa. The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory. Sci. J. Bus. Manag. 2019, 7(1), 8-16. doi: 10.11648/j.sjbm.20190701.12

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AMA Style

Habtamu Legese Feyisa. The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory. Sci J Bus Manag. 2019;7(1):8-16. doi: 10.11648/j.sjbm.20190701.12

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@article{10.11648/j.sjbm.20190701.12,
  author = {Habtamu Legese Feyisa},
  title = {The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory},
  journal = {Science Journal of Business and Management},
  volume = {7},
  number = {1},
  pages = {8-16},
  doi = {10.11648/j.sjbm.20190701.12},
  url = {https://doi.org/10.11648/j.sjbm.20190701.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20190701.12},
  abstract = {Though improving the industrial sector has been a major focus for many developing countries including Ethiopia, satisfying studies have not conducted on the sector. This paper tried to evaluate the economic performance of alcohol and liquor factory with particular reference to National Alcohol and Liquor factory in terms of productivity, profitability, capacity utilization, marketing and the socio-economic contribution of the factory. The study used the descriptive method of data presentation and the main data source of the study was the published and unpublished document of the factory from the period 2011 to 2018. The findings show that the whole productivities, measured by total factor productivity index was almost stagnating in each production year of the study considers. Regarding market performance, the study found out that the factory promoted modern marketing strategy and it became beneficiary from the strategic location since it touches every part of the country through its product. Generally, the result of the study shows that even though the performance of the factory was increasing over the year under consideration, there is still a better way of increasing the performance of the factory. The study recommends for efficient utilization of the existing resource, technological advancement, managerial efficiency and incentives from the concerned body of the government.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - The Economic Performance of Ethiopian Alcohol and Liquor Industry: With Reference to National Alcohol and Liquor Factory
AU  - Habtamu Legese Feyisa
Y1  - 2019/01/31
PY  - 2019
N1  - https://doi.org/10.11648/j.sjbm.20190701.12
DO  - 10.11648/j.sjbm.20190701.12
T2  - Science Journal of Business and Management
JF  - Science Journal of Business and Management
JO  - Science Journal of Business and Management
SP  - 8
EP  - 16
PB  - Science Publishing Group
SN  - 2331-0634
UR  - https://doi.org/10.11648/j.sjbm.20190701.12
AB  - Though improving the industrial sector has been a major focus for many developing countries including Ethiopia, satisfying studies have not conducted on the sector. This paper tried to evaluate the economic performance of alcohol and liquor factory with particular reference to National Alcohol and Liquor factory in terms of productivity, profitability, capacity utilization, marketing and the socio-economic contribution of the factory. The study used the descriptive method of data presentation and the main data source of the study was the published and unpublished document of the factory from the period 2011 to 2018. The findings show that the whole productivities, measured by total factor productivity index was almost stagnating in each production year of the study considers. Regarding market performance, the study found out that the factory promoted modern marketing strategy and it became beneficiary from the strategic location since it touches every part of the country through its product. Generally, the result of the study shows that even though the performance of the factory was increasing over the year under consideration, there is still a better way of increasing the performance of the factory. The study recommends for efficient utilization of the existing resource, technological advancement, managerial efficiency and incentives from the concerned body of the government.
VL  - 7
IS  - 1
ER  -

Copy | Download