Factors Affecting the Competitive Advantage of Precast Concrete Construction Businesses
DOI:
https://doi.org/10.14456/ajmt.2024.1Keywords:
Management, Competitive Advantage, Precast Concrete, Construction BusinessAbstract
The objectives of the present study were to 1) compare the competitive advantage of precast concrete construction businesses classified by business characteristics, and 2) to examine the management and construction factors affecting the competitive advantage of the businesses. The competitive advantage factors investigated included low cost, differentiation, focus, and quick response. The participants included 251 medium-sized (n = 210) and large-sized (n = 41) construction business operators. Data were analyzed using descriptive statistics, one-way analysis of variance (ANOVA), and multiple regression analysis. The findings revealed that the competitive advantage of precast concrete construction businesses in terms of differentiation varied significantly according to registered capital. In contrast, the competitive advantage in terms of cost, focus, and overall competitive advantage differed significantly by the number of employees. The correlation analysis showed that management factors, including planning, commanding, coordinating, and controlling, significantly influenced the competitive advantage of precast concrete construction businesses at a 0.01 level. Additionally, construction factors, such as machinery, materials, construction equipment, and construction processes, were found to have influences on the competitive advantage of these businesses at a 0.01 level.
References
Barashkova E. (2018). Analysis of construction company’s competitiveness factors and development of Its competitive strategy. [Unpublished Doctoral dissertation]. Meng, Czech Technical University in Prague
Janteang, L. & Chutarat, N. (2022). Strength of precast concrete bearing walls with large opening. Sripatum Review of Science and Technology, 14, 186.
Kasikorn Research Center. (2018). Direction of Thailand construction business 2019. https://kasikornbank.com/th/business/sme/KSMEKnowledge/article/KSMEAnalysis/Documents/ThaiConstruction-Direction_2019.pdf.
Krejcie, R. V. & Morgan, D. W. (1970). Determining sample size for research activities. Educational and Psychological Measurement, 30(3), 607–610.
Lerdwiwatchaiyaporn, S. & Suriya, M. (2022). Relationship of demographic Factors with 5M model in Tum Bon Wangyang sub-district Sriprachan Suphanburi province. Journal of MCU Ubon Review. 7(2), 625.
Luo, C. (2022). Application of agile development and innovation technology in the structural engineering. [Unpublished Doctoral dissertation]. Massachusetts Institute of Technology.
Mahanani, C., Wening, S., Susanto, M. R., & Sudirman, A. (2020, January). The effect of laboratory knowledge, teaching practice experience, and work motivation on laboratory management. Journal of Physics: Conference Series, 1446(1), 1-7. https://iopscience.iop.org/article/10.1088/1742-6596/1446/1/012042/pdf
Naokaew, T. (2022). Developmeat and evaluation of model to prevent dengue hemorrhagic fever of family health leader by application of POCCC management Theories. Journal of Environmental and Community Health. 7(2), 152. Revenue Department. (2020). About the busiess SMEs. http://www.rd.go.th/publish/fileadmin/user_upload/SMEs/infographic/3601.pdf.
Robbertse, C. (2020). The effects of the project managers’ skills on construction productivity. [Unpublished Doctoral dissertation). The university of Free State in South Africa.
Sengchaleun, P. & Chulasai, B. (2020). Condominium design for precast concrete construction.Sarasatr academic journal, (2), 465.
Thadawirakit, N. & Chantanee, M. (2020). Marketing Strategies Affecting The Competitive Advantage Of perfume entrepreneurs in the central region. Journal of Educational Review. 7(3), 302.
Thongtaradol, N. & Teartisup, S. (2020). Layout of precast concrete component production plants in Bangkok metropolitan region. Sarasatr Academic Journal, (3), 491.
Tomek R. (2017). Advantages of precast concrete in highway infrastructure construction. Prodedia Engineering, 176-180.
Tunji-Olayeni, P. F., Mosaku, T. O., Fagbenle, O. I., & Omuh, I. O. (2017). Competitive strategies of indigenous construction Firms. International Journal of Civil Engineering and Technology, 8(20), 350-362.
Vuttanasut, M. & Niruttikul, N. (2020). Comparison of factors affecting buying decision behavior of Residential by conventional construction and construction with precast concrete. MBA-KKU Journal, 13(1), 63.
Yooprasertchai, E., Wiwatrojanagul, P., Suwansaya, P., & Pimanmas, A. (2018). Seismic behavior of precast concrete load bearing walls with welded rebar connections. SWU Engineering Journal, 13(1), 40.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 คณะเทคโนโลยีการจัดการ มหาวิทยาลัยเทคโนโลยีราชมงคลอีสาน วิทยาเขตสุรินทร์
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
บทความที่ได้รับการตีพิมพ์เป็นลิขสิทธิ์ของคณะเทคโนโลยีการจัดการ มหาวิทยาลัยเทคโนโลยีราชมงคลอีสาน วิทยาเขตสุรินทร์
ข้อความที่ปรากฏในบทความแต่ละเรื่องในวารสารวิชาการเล่มนี้ เป็นความคิดเห็นส่วนตัวของผู้เขียนแต่ละท่านไม่เกี่ยวข้องกับคณะเทคโนโลยีการจัดการ มหาวิทยาลัยเทคโนโลยีราชมงคลอีสาน วิทยาเขตสุรินทร์ และคณาจารย์ท่านอื่นๆในมหาวิทยาลัยฯ แต่อย่างใด ความรับผิดชอบองค์ประกอบทั้งหมดของบทความแต่ละเรื่องเป็นของผู้เขียนแต่ละท่าน หากมีความผิดพลาดใดๆ ผู้เขียนแต่ละท่านจะรับผิดชอบบทความของตนเองแต่ผู้เดียว
