THE STRATEGIC RELEVANCE OF TECHNOLOGY-RELATED VARIABLES TO THE COMPETITIVENESS OF SMALL - TO MEDIUM-SIZED FURNITURE MANUFACTURERS
DOI:
https://doi.org/10.7166/23-3-520Abstract
SMMEs can make a critical and positive economic contribution to South Africa, and small- to medium-sized furniture manufacturers (SM/FMs) have the potential to contribute to economic growth, job creation, and GDP. However, the furniture industry has not stayed abreast of technological advances. To survive in an environment of increasing competition and imports, competitive strategies must be devised. One such strategy is for technology adoption and implementation that can provide solutions for the furniture industry to improve speed, quality, variety, flexibility, and productivity, resulting in improved competitiveness. However, the adoption of technology means that its acquisition and application must be managed strategically, as the use of technology involves far more than simply taking it into account during the business-planning process.
Downloads
Downloads
Published
How to Cite
Issue
Section
License
Authors who publish in the Journal agree to the following terms:- Authors retain copyright and grant the Journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this Journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the Journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this Journal.