MANAGEMENT PRACTICES OF MICRO AND SMALL BUSINESSES

Business Management

The purpose of this study was to determine the level of management practices used by small and micro businesses. The study employed quantitative descriptive method research. The 139 micro and small business owners registered in Poblacion, Cateel Davao Oriental, were the study subjects during the second semester of the academic year 2022-2023. The study used stratified random sampling and Slovin's Formula, which has a margin of error of 0.05 or 5%, to choose respondents from the population of micro and small businesses. An adopted questionnaire from Parilla 2013 was used in the study. The statistical tool used was Mean and ANOVA in analyzing the data. The study concluded that the level of management practices of micro and small businesses is highly manifested. Also, the study found that there is no significant difference in the level of management practices when grouped according to sex and age. On the other hand, there is a significant difference in the level of management practices when grouped according to educational attainment. The research suggests that the proprietors of small and micro enterprises in Poblacion Cateel, Davao Oriental, should be the Department of Trade and Industry's primary focus, as it has a huge role in our local economic growth.

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