Capital Intensive Technology and Output: A Case Study of Katon Manufacturers Limited, (KML) Nalukolongo, Kampala District

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Date
2015-07
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Kampala International University, bachelors degree of arts in economics
Abstract
This study was aimed at examining the relationship between capital intensive technology and output in Katon Manufacturers Limited, Nalukolongo kampala. The objectives of the study were to; assess the relevance of capital intensive technology on output in KML, the challenges hindering the effective use of capital intensive towards output in KML and to the possible ways of improving effective use of capital intensive technology towards output in KML. The study was carried out using both qualitative and quantitative methods. Questionnaires and interviews were used to collect data that was presented in tables, graphs and numbers. The findings revealed that the use of capital intensive technology plays a significant role in the successful operation of every organization which enhances greater economic production. The study concluded relevancies of capital intensive techniques of production on output in KML which included; increasing product efficiency, it leads to delivery of faster service; it reduces labour costs, leads to economies of scale, improvement of knowledge about customers and increasing product customization. The study established the challenges hindering the effective use of capital intensive technology towards in KML which included; lack of top management commitment; lack of proper training amongst the labour force; lack of knowledge of the consumer in using the service; lack of adequate resources to facilitate capital intensive techniques of production and poor communication about the use of machines. Findings further revealed that ways of improving effective use of capital intensive technology towards output in KML are; training of technical staff improving infrastructure; diversification of organizational activities; reallocation of labour; efficient IT becoming new critical infrastructure and the enabling environment. The respondents recommended that companies should ensure diversification of activities to increase mcome is by expanding the possibilities to spread investment risks over a wider portfolio. Further recommendations followed that the government should ensure that technological advance is very complementary with higher kills and more education. In addition there is a need for the government to improve on infrastructural development to facilitate the movement of raw materials to production places.
Description
A Research Report Submitted To The College Of Economics And Management In Partial Fulfillment Of The Requirement For The Award Of A Bachelor Of Arts In Economics Of Kampala International University
Keywords
Capital Intensive Technology, Katon Manufacturers Limited, (KML)
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