Business factors related to manufacturing firms' performance
Abstract: The main goal is to
understand the way many factors affect the investment decision making process
and business performance.
Design/methodology/approach: This study proposes a new conceptual
framework for examining the reasons that manufacturing firms decide to invest
on the acquisition of new machinery and equipment in order to improve their
infrastructure. It incorporates various factors related to the internal
business environment (quality management, investment decisions etc.)
Findings and Originality/value: A new conceptual framework, establishing
the relations between many factors, has been developed, allowing the
determinants of adoption of many implications to be discussed and to relate
them to the peculiarities of the Greek manufacturing industry.
Originality/value: This study presents an overview of the impact of
machinery and equipment investment on firm’s performance, giving grasp for
further research of the inter-organizational relationships that exist between
them.
Keywords: Machinery & Equipment Investments, Firm Performance,
Just In Time, Total Quality Management, Supply Chain Management, Environmental
Management
Author: Stergios Vranakis,
Prodromos Chatzoglou
Journal Code: jptindustrigg140033
