A study of palm oil fruit dealers' business risks

Research output: Contribution to journalArticle

Abstract

This study examines the palm oil fruit dealers (FDs) risks within their business venture. We employed interview method to gather fresh data from five (5) informants in Selangor. The finding revealed that the fruit dealers possess some element of entrepreneurial risks comprises of willingness to accept calculated risks, ability to foresee opportunities, visionary and self-determination. The FDs have encountered business risks arises from the normal fresh fruit bunches (FFB) purchase and selling activities. FDs are also exposing to default risk due to the credit facilities or trust based-loans provided to the local palm oil smallholders. Overall, the fruit dealers seem to perform a defensive and reactive response towards the exposed risks rather than relatively employing pro-active strategies to mitigate the occurrence of the risks.

Original languageEnglish
Pages (from-to)622-626
Number of pages5
JournalInternational Journal of Supply Chain Management
Volume8
Issue number1
Publication statusPublished - 1 Jan 2019

Fingerprint

Palm oil
Fruits
Industry
Fruit
Dealers
Business risk
Sales

Keywords

  • Agriculture
  • Business risk
  • Fruit dealers
  • Palm oil
  • Risks

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems
  • Information Systems and Management

Cite this

A study of palm oil fruit dealers' business risks. / Cheomar, Ahmad Raflis; Ishak, Suraiya.

In: International Journal of Supply Chain Management, Vol. 8, No. 1, 01.01.2019, p. 622-626.

Research output: Contribution to journalArticle

@article{4785e30d8b8a4a2bb34d40ac5c4627e2,
title = "A study of palm oil fruit dealers' business risks",
abstract = "This study examines the palm oil fruit dealers (FDs) risks within their business venture. We employed interview method to gather fresh data from five (5) informants in Selangor. The finding revealed that the fruit dealers possess some element of entrepreneurial risks comprises of willingness to accept calculated risks, ability to foresee opportunities, visionary and self-determination. The FDs have encountered business risks arises from the normal fresh fruit bunches (FFB) purchase and selling activities. FDs are also exposing to default risk due to the credit facilities or trust based-loans provided to the local palm oil smallholders. Overall, the fruit dealers seem to perform a defensive and reactive response towards the exposed risks rather than relatively employing pro-active strategies to mitigate the occurrence of the risks.",
keywords = "Agriculture, Business risk, Fruit dealers, Palm oil, Risks",
author = "Cheomar, {Ahmad Raflis} and Suraiya Ishak",
year = "2019",
month = "1",
day = "1",
language = "English",
volume = "8",
pages = "622--626",
journal = "International Journal of Supply Chain Management",
issn = "2051-3771",
publisher = "ExcelingTech Publishers",
number = "1",

}

TY - JOUR

T1 - A study of palm oil fruit dealers' business risks

AU - Cheomar, Ahmad Raflis

AU - Ishak, Suraiya

PY - 2019/1/1

Y1 - 2019/1/1

N2 - This study examines the palm oil fruit dealers (FDs) risks within their business venture. We employed interview method to gather fresh data from five (5) informants in Selangor. The finding revealed that the fruit dealers possess some element of entrepreneurial risks comprises of willingness to accept calculated risks, ability to foresee opportunities, visionary and self-determination. The FDs have encountered business risks arises from the normal fresh fruit bunches (FFB) purchase and selling activities. FDs are also exposing to default risk due to the credit facilities or trust based-loans provided to the local palm oil smallholders. Overall, the fruit dealers seem to perform a defensive and reactive response towards the exposed risks rather than relatively employing pro-active strategies to mitigate the occurrence of the risks.

AB - This study examines the palm oil fruit dealers (FDs) risks within their business venture. We employed interview method to gather fresh data from five (5) informants in Selangor. The finding revealed that the fruit dealers possess some element of entrepreneurial risks comprises of willingness to accept calculated risks, ability to foresee opportunities, visionary and self-determination. The FDs have encountered business risks arises from the normal fresh fruit bunches (FFB) purchase and selling activities. FDs are also exposing to default risk due to the credit facilities or trust based-loans provided to the local palm oil smallholders. Overall, the fruit dealers seem to perform a defensive and reactive response towards the exposed risks rather than relatively employing pro-active strategies to mitigate the occurrence of the risks.

KW - Agriculture

KW - Business risk

KW - Fruit dealers

KW - Palm oil

KW - Risks

UR - http://www.scopus.com/inward/record.url?scp=85063298158&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85063298158&partnerID=8YFLogxK

M3 - Article

VL - 8

SP - 622

EP - 626

JO - International Journal of Supply Chain Management

JF - International Journal of Supply Chain Management

SN - 2051-3771

IS - 1

ER -