Abstract:
A country’s ability to develop a competitive service economy depends on its
production sector, as they demand use of services. Continuous improvement or
innovation in technologies in both manufacturing and services will simultaneously
increase smooth flow of operations for competitiveness by lowering cost of production
to enhance customer satisfaction, to attain value. The success of different industries
depends on how well the service sector is geared to support them. To carry out better
management strategies for value gain, it is necessary to provide a tangible link to
integrate the production and distribution channels for efficiency and effectiveness of
the organizational and technological dimensions. Technology transfer and continuous
innovation of systems enhances productivity growth for cost competitiveness leading
to better prices, responsiveness and flexibility of the processes to deliver a quality
product to changing markets. The research purpose is therefore to identify management
strategies and service technologies to analyze the characteristics of research variables
in relation to GDP value generating sectors and focus on issues relating to value.