Factors Affecting the Performance of Secondhand Motor Vehicle Importers in Nairobi, Kenya.
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Date
2013-02-19
Authors
Makembo, George
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Abstract
Kenya aims to achieve industrialization by year 2030 (Kenya Vision 2030). If this is
to be realized then more vibrant and efficient firms and industries need to be created
which will help reduce poverty through employment creation. Secondhand Motor
vehicle importers contribute significantly to the country's economy. This is through
payment of taxes (such as import duty, VAT), employment creation among others.
They also create enormous opportunities for job creation through value addition like
in Motor Garages, spare parts etc. However despite the enormous role they play in
the economy, this industry is faced by numerous challenges that affect their
performance. These include competition, lack of skills in Management and
regulatory frame work. According to (Kenya motor industry report, 2007) many
second hand Motor Vehicle dealers have closed down due to stiff competition in the
market brought about by market liberalization. Most of these Importers are also
members of Kenya Auto Bazaar Association (KABA) and include both dealers
selling their vehicles in both open shed (Jua kali) and in closed premises. The study
sought to investigate the effect of competition, lack of training in management
skills, change in customer tastes and existing regulatory frame work in the
performance of second hand motor vehicle importers in Nairobi, Kenya. The study
design was descriptive research design. The target population was all the 225
registered second hand motor vehicle importers operating within Nairobi (Registrar
of businesses 2010). A sample size of 30% of the population was selected at
random (Orodho 2002). The data was collected from primary source, using
questionnaires. Simple random techniques was used to come up with a
representative sample size then analyzed using both qualitative and quantitative
techniques. The data was presented in form of pie charts, Bar graphs, and frequency
tables.
Description
Department of Business Administration. 85p. The HF 5549.5 .P35M3 2011
Keywords
Performance standards --Secondhand motor vehicle --Kenya