Impact Analysis of Equipment Acquisition on Labor Quality of Small-Sized Construction Companies in Metro Manila
Abstract
Equipment is typically one of a construction company's most important assets, substantially affecting its cash flow and profit potential. Construction companies have used a variety of equipment acquisition through different types of work. This study focuses on the impact of the independent variable— types of equipment acquisition—on the dependent variable—labor. Employees from those companies participated in a survey to determine what criteria were considered when choosing an equipment acquisition method and its perceived impact. The study concluded that labor quality for residential projects is only affected by the logistics of acquiring owned equipment.
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