Problem
Limited local markets for goods and services
Experimental visualization of narrower problems
Other Names:
Shrinking local marketUnderuse of local market
Disorganized local marketing
Inefficient product markets
Nature:
Local communities need to expand markets for both goods and services; however such expansion is impeded by the need for capital investment and high transport costs, so that prospects for raising incomes are small. Rural products are usually sold to visiting middlemen, or occasionally to merchants from outside. In order to benefit from expanding economies, production of goods needs to be in greater quantity and of a quality suitable for larger area markets. Retailers often have to move from smaller, local markets to larger, regional ones in order to continue their business. Broader Problems:
Archaic marketing methods Narrower Problems:
Lack of dairy marketsUnproven repair marketUnproven vegetable marketLimited space for marketsIsolated handicraft marketUnexplored transport alternativesThreatened species of Paracymus seclusus Related Problems:
Undeveloped channels for commercial initiative Aggravates:
Insufficient returns from farmingProhibitive cost of fishing equipmentUndue control of prices by intermediariesStagnated development of agricultural productionDeparture of business from small communities to urban locations Strategies:
Using local marketsEnsuring constant product marketsOrganizing local marketingRequiring product marketsLimiting local markets for goods and services Subject(s):
Society → LocalSocial Activity → Services
Commerce → Market
Commerce → Merchandise
Industry → Products
Cybernetics → Cybernetics
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
04.10.2020 – 22:48 CEST