Problems Associated with Productivity and Profitability: A Study of The Listed Cement Companies in Bangladesh

Abstract

The main objective of the study is to find out the key problems associated with the productivity and profitability of cement industry in Bangladesh. The respondents include 100 executives and officers of different levels selected randomly from different listed cement manufacturing firms of Bangladesh. Finally, the data have been tested with 20 variables collected from literature review and discussion with expert people. Reducing a large number of variables into fewer factors was achieved through the use of factor analysis. The study identified five factors i.e., Planning and Controlling Factor, Utility Factor, Financial Factor, Opportunity cost factor and Market factor are significantly influencing the productivity and profitability of cement industry in Bangladesh. The study suggests to focus on the identified factors in order to achieving greater productivity and profitability as well as maximizing the market value of the cement manufacturing firms in Bangladesh.