Research Article

A Prioritization Model of Strategies for Small and Medium Firms in Less-Developed Countries: A Tanzania Case

Table 4

Selected organizational strategies (OSs) considered in the current study.

S/NOrganizational strategies

OS1Establish and provide support to firms to access finance and loan
OS2Adopt a low bidding price strategy
OS3Adhere to small firm operational cost
OS4Invest in technology and establish technology transfer centre
OS5Optimize available local quality construction materials
OS6Facilitate training for capacity building
OS7Adopt joint venture and partnership with an overseas firm
OS8Policy formulation of construction bank establishment
OS9Implement a policy on tax reduction of imported construction equipment and materials
OS10Enhance networking to share experience
OS11Ensure resource availability, allocation, and utilization
OS12Training certification by government
OS13Ensure employee’s right working environment
OS14Ensure resources upgrading or improving
OS15Timely strategy review
OS16Ensure client satisfaction
OS17Policy on compulsory joint venture
OS18Establish construction equipment centre
OS19Employ competent and technical employees