Productivity and Competitiveness - An Analysis

Abstract

The paper explores the impacts of globalization on industrial performance and productivity. It also records the effects of ISO certification on industries' image and performance. The hypotheses were tested to know how far these statements hold good. For that Chi-Square tests were carried out to know the impacts of globalization and competitions in the present industrial scenario. Regression analysis also highlights the relation between income and Category of industries in the estate considered for the study. The structured questionnaire was used as a tool to collect primary data to use for the statistical analysis. The reliability statistic, Cronbatch's alpha suggests that questionnaire is with consistency and can be used for the analysis. It is concluded that globalization and competitiveness are strongly correlated with improved industrial performance and productivity scenario.