Analysis of Factors Influencing the Competitiveness of Manufacturing Companies

Lukasz Kuzminski, Tomasz Jalowiec, Piotr Masloch, Henryk Wojtaszek and Ireneusz Miciula

European Research Studies Journal, 2020, vol. XXIII, issue 2, 217-227

Abstract: Purpose: The research provides an analysis of factors influencing the competitiveness of manufacturing companies. Design/Methodology/Approach: A review of the scientific literature from the area covered by the study was conducted. The study was conducted on a random sample of companies operating in the Silesian Province. The analysis of the survey data was carried out in two stages. In the first stage the relations between competitiveness and potential factors influencing its level in the companies were checked using the chi- square independence test. In the second stage, the analysis of correspondence between pairs of variables for which the dependence was confirmed. Findings: Analyzing the combined chart of points representing row and column profiles, we conclude that there are relatively more companies that are rather competitive among those that have maintained unchanged levels of relations in the last 5 years. On the other hand, there are more companies with poor competitiveness among those that have worsened their relations with suppliers in recent years. Practical Implications: The results can be used in efforts to improve the performance of the manufacturing sector in Poland through the development of competitive strategies based on the growth of relationships with suppliers regardless of the number of people in the company. Originality/Value: This study is an original study of manufacturing and supplier relations entrepreneurs. It serves the purpose of improving competitive activities in terms of improving business performance.

Keywords: Competitiveness; supplier; customer; dynamics; demand; profitability. (search for similar items in EconPapers)
JEL-codes: A13 L23 M1 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiii:y:2020:i:2:p:217-227

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