Wednesday 4 April 2012

Local products must meet quality standards

 

Local products must meet quality standards

Mr Kwasi Oppong, a Kumasi-based Business Executive, has called on indigenous businesses to ensure their products meet quality standards.

Mr Oppong said innovation and creativity were important to drive down the production costs and make their prices competitive, and appealed to government to supply more funds to research institutions to help in that effort.

Mr Kofi Akowuah Kyei, the CEO of MOFCO Furniture Company Limited, urged those operating business to have proper business plans, remain focused and to adopt best practices.

He said this in Amakom when speaking at the opening of a five-day Christian business forum organized by the Grace Baptist Church, saying, without quality assurance they were likely to lose out to their foreign competitors.

The forum dubbed "Doing business God's way" formed part of efforts by the church to promote entrepreneurship among the congregation.

Dr Kwame Danso, a Lecturer at the Kwame Nkrumah University of Science and Technology (KNUST), called on the participants to adopt a disciplined approach if they want their businesses to succeed.

Local products must meet quality standards



Trade News selected by Local Linkup on 04/04/2012

 

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