This article addresses the issue of whether different market institutions are accompanied by different degrees of efficiency and symmetry of price transmission between the producer and retail levels. It analyzes hog market institutions as they differ between the North and the South regions of...

This teaching case focuses on the application of decision tools to assist managers making choices in an uncertain business climate. The case considers the difficult task of introducing a new product into the market. Under consideration is a sophisticated, surface-scanning technology that has...

Customer Relationship Management (CRM) has received much attention in the business press as a management process to enhance firm performance. This research highlights differences between groups of respondents who believe their firm's CRM program is performing at a high level, as compared to...

A group of organic agricultural producers facing a strategic decision is featured. If they decide to form an organization to market their produce jointly, they will have to select a distribution channel. This case presents the demand conditions, requirements, advantages, and disadvantages of...

Tobacco is notorious for being one of the most difficult commodities to grade. Here, we determine the implicit prices of various tobacco characteristics using a hedonic price model. The factors affecting the price received for burley tobacco include reputation of the producer, month of auction...

Asian food markets are large and growing very rapidly. Per capita food consumption is increasing as income rises, and food consumption habits are changing. Asian food retailing is also changing rapidly, as distribution and transportation modernizes. Consumers are becoming more sophisticated,...