Background of the Study Area
Tiko Banana Project-Cameroon Development pot (CDC)/Del four-card monte whose headquarters is based in Tiko Sub-Division South atomic number 74 Region Cameroon was established in 1987 after a confederation agreement and signing of an accord between the Cameroon Development Cooperation (CDC) and an American agro-industrial company interested in banana production know as Del three-card monte. The name Del Monte was adopted after the compact agreement. The partnership between these two companies started with a ten geezerhood renewable trim. This has been done twice from 1987to 1997 and 1997 to 2007. From 2007 this Ten year contract was reduced to two years contract, which continued up to 2009.
In this partnership agreement, with regards to the four factors of production, namely land, capital, entrepreneur and labour, Del Monte provided the skillful services, marketing facilities and finance. On the other hand, CDC provided suitable land, manpower (labour) and local anaesthetic logistics. Some 3000 hectares of land was given to CDC by the Cameroon government for the first-class honours degree of the agricultural industry and CDC provided the labour force. It is important to note that Del Monte paid CDC cost plus a fixed leeway per box of banana exported.
Effective operations by Del Monte Tiko started in 1990.
The firm is very elaborate and it is headed by a Managing Director (MD) who is answerable to the General Manager of CDC. The firm is make up of six basic sections namely the technical subdivision headed by a Project Engineer(PE), the personnel/Administrative department headed by Project Administrative Officer(PRO), the finance department headed by the Project Accountant(PA), the doing department headed by a Production Manager and finally the medical section headed by a Medical Doctor. All these departments are supervised by the get word manager who is answerable to the Managing Director (MD) and he is assisted by Field...If you want to get a full essay, order it on our website: Orderessay
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