Lessons for stimulating manufacturing output in Ghana: A comparison of a successful multinational company (MNC), Cargill, to a Ghanaian owned manufacturing company, Cocoa Processing Company (CPC)

Date
2013-04
Authors
Taimako, Salamatu Shamsudeen
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Abstract
Ghana, in its quest of seeking development and exploring FDI also has to focus on its local manufacturing industries. This industry is a source of retained profits, huge source of employment and skills development, strengthening the countries balance of trade and in effect its economy. Unfortunately, this industry has not been given the necessary focus and has been observed to be dying out with the introduction of huge MNCs in the country. Several literature have tried to explain why this is the case for most developing countries and have strategies as to how these MNCs survived over time and how they continue to exploit their opportunities in making profits. This research delves into the current situations of a local manufacturing company, Cocoa Processing Company (CPC) and its close competitor, Cargill as a case study. In determining the problems local companies in Ghana face, this study analyses the SWOT (strength, weaknesses, opportunities and threats) of the companies under study. This study also provide relevant and feasible measures and strategies that the government of Ghana, local manufacturing companies and the general public can adopt in an effort to revive the countries industry. It is crucial that all stake holders put into action the recommendations of this paper as it vital in attaining the economic growth and development of Ghana.
Description
Thesis submitted to the Department of Business Administration, Ashesi University College, in partial fulfillment of Bachelor of Science degree in Business Administration, April 2013
Keywords
Ghana, manufacturing, Cargill, Cocoa Processing Company
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