Business Performance of Government Assisted Small Scale Enterprises in Camarines Norte

This research study determined the business performance of government assisted small scale enterprises (GASSE) in Camarines Norte. The study used descriptive-correlational method and survey questionnaire in data gathering with 32 respondents. Percentage technique, weighted average, Somer’s delta and ranking were utilized.
The findings are as follows: 1) Majority of small-scale enterprises are sole-proprietorship; 2) Five percent or more in sales increase due to repeat purchases. Gross profit margin in terms of company’s earnings covered the overhead costs, taxes and others. The cost of storing the product and product spoilage only accounts to two percent and 75 percent or more are loyal customers; 3) There is no significant relationship between the profile of the respondents and the business performance of the GASSE; 4) It revealed that the unreliable and unpredictable sources of suppliers is the main factor affecting their performance; 5) The proposed strategies was designed to address the key issues.
The SMEs may adapt the theoretical paradigm of this study to improve their business performance.

Government assisted small scale enterprises, business performance, percentage technique, weighted average, Somer’s Delta

1. Azuelo, M.C. C. (2016). Operation of Public Enterprises of the Municipality of Daet, Camarines Norte, Philippines, Asia Pacific Journal of Multidisciplinary Research Vol. 4 No. 4 87-95 November 2016 Part II P-ISSN 2350-7756 E-ISSN 2350-8442 www.apjmr.com [Google Scholar] [Crossref]

2. Devikrishna, J.G. (2020). A study on Micro, Small and Medium Enterprises and various schemes provided by Government to uplift Micro, Small and Medium Enterprises.-https://www.semanticscholar.org/paper/A-study-on-Micro-Small -and-Medium-Enterprises-and-J.G/f974b67e20b22e04cce822588dc68d37e 52513ef [Google Scholar] [Crossref]

3. Dresner, H. (2009). Profiles in Performance: Business-Intelligence-Journeys-and -the-Roadmap-for-Change.-ISBN-978-0-470-40886-5.https://en.m.wikipedia .org /wiki/ Business_performance_management [Google Scholar] [Crossref]

4. Gonzales, A. (2018). MSME Sector at a Glance. https://www.senate.gov.ph /publications /AG%201203%20%MSME.pdf. [Google Scholar] [Crossref]

5. Republic Act No 8289 amendment of Republic Act 6977, Magna Carta or Small Enterprises. http://pcw.gov.ph/law/republic-act-8289. [Google Scholar] [Crossref]

6. Republic of the Philippines, Department of Trade and Industry. (2003). SME Development Plan (2004-2010). Philippines. http://www.dti.gov.ph/content ment/66/69/files/plan_2004-2010.pdf [Google Scholar] [Crossref]

7. Senate Economic Planning Office. (2012). The MSME Sector at a Glance. http://legacy.senate.gov.ph/publications/AG%202012-03%20%20MSME.pdf [Google Scholar] [Crossref]

8. Stranger, C. (2011). Research methods for the behavioural sciences (4th ed.). mountain View, CA: Cengage. https://opentextbc.ca/introductiontopsycho logy/chapter/2-2-psychologists-use-descriptive-correlational-and-experimen tal-research-designs-to-understand-behaviour/ [Google Scholar] [Crossref]

9. Taouab, O. & Issor, Z. (2019). Firm Performance: Definition and Measurement. https://www.semanticscholar.org/paper/Firm-Performance%3A-Definition-an d-Measurement-Models-Taouab-Issor/90796ed0a4fcac9eba6432704b054e beb887ab1f. DOI: 10.19044/ESJ.2019.V15N1P93 [Google Scholar] [Crossref]

• Assessment of the Role of Artificial Intelligence in Repositioning TVET for Economic Development in Nigeria
• Teachers’ Use of Assure Model Instructional Design on Learners’ Problem Solving Efficacy in Secondary Schools in Bungoma County, Kenya
• “E-Booksan Ang Kaalaman”: Development, Validation, and Utilization of Electronic Book in Academic Performance of Grade 9 Students in Social Studies
• Analyzing EFL University Students’ Academic Speaking Skills Through Self-Recorded Video Presentation
• Major Findings of The Study on Total Quality Management in Teachers’ Education Institutions (TEIs) In Assam – An Evaluative Study