Resiliency of Microenterprises amidst Pandemic in Davao Del Sur Philippines
- 1. Sangguniang Kabataan Barangay Poblacion Dos- Philippines
- 2. Faculty, Davao del Sur State College
Description
COVID-19 has created an unprecedented crisis for microenterprises and challenged each single enterprise to reconsider its business operations and to adapt to the new unexpected circumstances. The foremost objective of this study was to determine the business resiliency of micro enterprises in Davao del Sur Philippines during Covid-19 pandemic. A descriptive-correlational design was employed with 100 purposively chosen microenterprises. Data were analyzed using frequency, relative frequency distribution and Pearson Product Moment correlation. Data revealed that majority of microenterprises were operating for not less than three (3) years, employing 1-3 workers and earning more than PhP 20,000.00 monthly. Moreover, the most influencing factor of resiliency in microenterprises amidst pandemic is entrepreneurial characteristics. Furthermore, entrepreneurial characteristics, utilization of technology, government support and crisis management showed significant relationship towards business resiliency among microenterprises.
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References
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