Analysis of the Factors Affecting the Business Sustainability of Agricultural Cooperatives in Northern Mindanao
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 03
Abstract
Cooperatives serve as cornerstones in the region's agricultural sector, supporting livelihoods, food security, and economic development. In examining the complex dynamics of agricultural cooperatives in Northern Mindanao, this analysis investigates the multifaceted factors that affect their business sustainability, shedding light on crucial determinants driving the region's agricultural cooperative landscape. The study used a descriptive correlational research design and used survey in gathering primary data. Findings revealed that the majority of the cooperatives have been operating for 21 years and above, more have members from 15 to 150, the majority have 1 to 9 employees, and the majority are micro-cooperatives. The results indicating an average mean distribution of management of cooperatives described as strongly affecting business sustainability, shed light on the critical role of effective management practices in ensuring the long-term viability of agricultural cooperatives. The study concluded that Management of Cooperatives is significantly correlated to Business Sustainability: People means are considered weak and positive relationships between the variables tested, and Profit means are described as strong. The Enterprise Characteristics are significantly correlated to Business Sustainability, People means are described as moderate and positive relationships between the variables tested, and Profit means are described as moderate. Implications: emphasize the need for cooperatives to strategically leverage their organizational characteristics to enhance business sustainability through targeted interventions in areas such as human resource management, innovation adoption, and value chain integration.
Authors and Affiliations
Dr. Fausto S. Abella, Dr. Neilson D. Bation
Keywords
Related Articles
- EP ID EP732165
- DOI 10.47191/ijsshr/v7-i03-35
- Views 19
- Downloads 0
Implementation of Fun School Management at SMKN 3 and SMKN 2 Kuala Kapuas
To encourage awareness of forming a school that is fun for all school residents, it is necessary to build interesting learning in order to make changes to the school so that it becomes a place of learning that is longed...
The Urgency of Implementing Meaningful Participation in Forming Laws in Indonesia
This research engages regarding meaningful participation in the formation of laws. There have been several demonstrations over the Bill discussion. The most recent demonstration is a protest opposing the Health Bill disc...
Awareness, Utilization and Satisfaction of the Products of an Insurance Broker
This study was conducted to determine the level of awareness, the extent of utilization, and satisfaction of the participants with insurance broker products. This descriptive-relational research used a survey. There were...
Effects of low pay on staff performance in Uganda Police Force
Purpose: To examine the effects of low pay on staff performance in the Uganda Police Force with a view to making recommendations. Methodology: The study adopted documentary review as a method of data collection techniqu...
Emotional Intelligence as Correlate of Academic Performance among Junior Secondary School Students in Katsina Metropolis
The study examined emotional intelligence as correlate of academic performance among junior secondary school students in Katsina metropolis. A sample of 384 students was drawn from a population of (8757) junior secondary...