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Formal Report - Research Paper Example

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Company, this report is an analysis of a business opportunity between Hong Kong and Canada in refrigerated Agri-food. The report looks at the various factors that are involved in transportation of agri-food products from Canada to Hong…
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Formal Report

Download file to see previous pages... The study utilizes information from both secondary and primary sources. The primary source of the information is a questionnaire that was submitted to Market Industry Service Branch of Agriculture and Agri-Food Canada (AAFC). The results were analyzed and some statistically projected to create an overview of the trade and its success rate. The secondary sources utilized in the report include internet searches, some scholarly articles reporting on Canada’s agri-food business and Hong Kong’s demographics and current food situation. The other secondary sources include articles in periodicals and a book that details comprehensive information on cold chain logistics. The report is addressed to AAFC, which in turn is supposed to expand the business ties of Agri-food products to Hong Kong. The key outcome of the report is that UTi Worldwide Inc. has a potential business opportunity to provide the refrigerated transport services for Agri-food from Canada to Hong Kong.
The coming of globalization has converted the world into one small village where some key important factors towards economic growth such as communication, and transportation have become easy to achieve. However, when it comes to logistics it is important to note that physical separation remains to be an important reality that we have to keep in mind (Theo Notteboom and Rodrigue 217). It takes a considerable time to efficiently and effectively to transport goods over long distances especially overseas. This shipment becomes a delicate business especially when there are delays and the shipment is for perishable products. It is for this reason that many industries such as food, medical, agricultural, and pharmaceutical industries are resorting to the cold chain technology. Many transportation companies have realized this niche and developed specialized services that focus on transportation of ...Download file to see next pagesRead More
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