A large number of Ghanaian Small and Medium Scale Enterprises have no domestic quality certification for export and no internationally-recognised quality certification, a research conducted by CUTS International has revealed.
This simply means that most of them are unable to compete in the African or international market.
The findings also revealed that most of the SMEs also have excess capacities and lack a functioning management structure, and this notwithstanding, most of these firms have not made sufficient investments in the production, finishing and packaging of their products to meet international standards.
Are Ghanaians even aware of the importance of doing diligent work on how they can benefit from arrangement?
- source MyJoyOnline