Skip to main content

The Strategic Management Paradigm and the Wood Building Products Industry: A Model of Strategies and Firm Profitability

Buy Article:

$29.50 plus tax (Refund Policy)

Abstract:

A model of strategies and firm profitability was developed and tested for the North American wood building products industry. Five strategic variables (adoption of process technology, grade sector focus, investment intensity, forward integration, relative market share) were used to predict firm profitability as measured by return on sales for the largest producers of wood building products in North America. Adoption of process technologies, grade sector focus (i.e., product quality), and investment intensity all had significant positive impacts on return on sales. From a managerial perspective, this research shows no advantage in larger market share beyond a minimal efficient scale. However, superior firm profitability was linked to the application of new process technologies, investment intensity, and the production of higher grade products. For. Sci. 38(4):786-805.

Keywords: Softwood; forward integration; market share

Document Type: Journal Article

Affiliations: Professor, Department of Wood Science and Forest Products, Virginia Polytechnic Institute and State University, Blacksburg, VA 24061-0503

Publication date: November 1, 1992

More about this publication?
  • Membership Information
  • ingentaconnect is not responsible for the content or availability of external websites
saf/fs/1992/00000038/00000004/art00006
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more