Abstract
The domination of Small and Medium Sized Enterprise (SME) contractors in the construction industry, has positioned them as the bedrock of economic growth all over the world. The study examines the factors that influence SME contractors' growth in Cape Coast. Structured questionnaires were administered among the constructional professionals in Cape Coast Metropolis. Findings from the study show that lack of government support has contributed to the factors that retard the growth of Small and Medium-Sized Enterprise SME) contractors in Cape Coast Metropolis. Other contributing factors are delayed payment for work done and high staff turnover. Government support is required and upfront payment of contractors' to help shape and improve the performances of the SME contractors' for the development of Cape Coast Metropolis.
| Original language | English |
|---|---|
| Pages (from-to) | 2030-2035 |
| Number of pages | 6 |
| Journal | Proceedings of the International Conference on Industrial Engineering and Operations Management |
| Volume | 2018 |
| Issue number | SEP |
| Publication status | Published - 2018 |
| Event | 3rd North American IEOM Conference. IEOM 2018 - Duration: 27 Sept 2018 → 29 Sept 2018 |
Keywords
- Construction industry
- Economic growth
- Influential factors
- Market challenges
- Performance
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Control and Systems Engineering
- Industrial and Manufacturing Engineering
