what are linkages in business

The first are primary activities which include the five main activities. Backward linkages may be established between the extractives sector and other sectors. However, the situation in South Africa is quite different to the situation in Southern Africa more generally. business cycles with other Asian economies of interest. Fiscal linkages occur when revenues generated by extractives sector activity in the form of corporate or income taxes and royalties are used in other non-commodity sectors. One of the essential issues in compliance management is to ensure that the business processes function according to regulations which are relevant in a particular business context. Business linkages. the promotion of business linkages, and concrete guidelines on how to design and implement a business linkages programme. A study by BGR concluded that mining investments in Southern Africa region have not resulted in the significant increase in local purchasing or sales linkages as the majority of local companies lack the financial stamina, an ability to digest large contracts, reputation and sheer size. For instance, refineries built by the Chinese National Petroleum Corporation in Chad proved economically viable and competitive. Since informal linkage is an effective and low-cost method, it should be encouraged along with formal linkages. Three general types of analyses that I use in linkage analyses are: Business linkage analysis is the process of combining different sources of data to uncover important insights about the causes and consequence of customer satisfaction and loyalty. For our context, linkage analysis will refer to the linking of other data sources to customer feedback metrics (e.g., customer satisfaction, customer loyalty). Available in Nigeria has built up its ICT sector to source these services locally. Linkages are a vital mechanism and many examples can be seen around us. It is difficult to measure the spill-over effects of knowledge and technology transfers, but the benefits tend to be higher where the information gap is not too large. I will provide examples of each type of linkage analyses in following posts. 'Formal' versus 'Informal' linkages Formal linkages refer to linkages that are specified and agreed to by organizations. In particular, we investigate the potential determinants underlying the synchronization of their business cycles, including trade linkages, financial linkages, and policy similarities. Backward linkages encompass subcontracting, supplier contracts, input service collaborations and hence can create employment and offer potential for enhancing domestic manufacturing capacity. The country studies that form part of UNCTAD’s international survey include the case of Brazil, India, Malaysia, Mexico, South Africa and Uganda. the existence or forming of a connection between two or more things so that one thing happening or changing depends on the other thing happening or changing: linkage between sth (and sth) He … The transfer of activities from London has been completed in 2013 and Debswana has already started its operation in Gaborone (see more at related beneficiation topic overview). The business has potential for growth in which it is planning to open up other branches locally and internationally. The act or process of linking. In fact, inputs such as fruits, vegetables, dairy products, meat, poultry and fish are so much perishable that lack of transportation and backward links would result in their waste. Therefore, the actual refining of gold may be more economical away from the mine. Loyalty leaders apply linkage analyses results in a variety of ways to build a more customer-centric company: Determine the ROI of different improvement effort, create customer-centric operational metrics (important to customers) and set employee training standards to ensure customer loyalty, to name a few. Companies who adopt linkage analysis get the insight that drives customer loyalty. Information and translations of backward linkage in the most comprehensive dictionary definitions resource on the web. In fact, several types of analyses can be employed after two data sources have been linked together. In business, linkage analyses are conducted using the following types of data (see Figure 2): Even though I discuss these data sources as if they are distinct, separate sources of data, it is important to note that some companies have some of these data sources housed in one dataset (e.g., call center system can house transaction details including operational metrics and customer satisfaction with that transaction). Traditionally, the extractives sector, especially mining, is seen to have a predominantly adverse impact on land, water, people’s livelihood and agriculture. For instance in Botswana, following the discovery of diamonds by at Orapa in 1967, the Botswana Government and De Beers established De Beers Botswana Mining Company, which later became Debswana. When Linder Meets Hirschman: Inter-Industry Linkages and Global Value Chains in Business Services. Once the data are organized, the researcher is able to conduct nearly any kind of statistical analyses he/she want (e.g., Regression, ANOVA, Multivariate), as long as it makes sense given the types of variables (e.g., nominal, interval) you are using. There are very few integrated mine/refineries. BUSINESS LINKAGES Practice Notes DevelopingSMEs throughBusinessLinkages A MANUAL FOR PRACTITIONERS BASED ON THE MOZLINK MENTORSHIP EXPERIENCE IN MOZAMBIQUE Effective and seamless backward and forward linkages are crucial for success of any business. Assessments of the nature of the transfer and acquisition of oil technology in the Nigerian oil industry shows that learning of technology was initiated and achieved through the Petroleum Technology Development Fund (PTDF). They promote the shared use of information and communication technologies ( ICTs ) in the same thing with `` linkage... Is able to purchase a security on one financial exchange and sell it on another provide greater for. 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