Constraining and enhancing factors of business enterprise in occidental Mindoro, Philippines

This paper aims to determine the constraining and enhancing factors of key business enterprise in Occidental Mindoro, Philippines. The Michael Porter’s Diamond Model of Competitive Advantage was used as the analytical framework. | Constraining and enhancing factors of business enterprise in occidental Mindoro Philippines International Journal of Management IJM Volume 10 Issue 2 March April 2019 pp. 9-16 Article ID IJM_10_02_002 Available online at http ijm JType IJM amp VType 10 amp IType 2 Journal Impact Factor 2019 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication CONSTRAINING AND ENHANCING FACTORS OF BUSINESS ENTERPRISE IN OCCIDENTAL MINDORO PHILIPPINES Ryan Mark A. Ambong Science Research Specialist I Research Development and Extension Unit Occidental Mindoro State College Philippines Liberty R. Mendaña DPA Assistant Professor III College of Business Administration and Management Occidental Mindoro State College Philippines ABSTRACT This paper aims to determine the constraining and enhancing factors of key business enterprise in Occidental Mindoro Philippines. The Michael Porter s Diamond Model of Competitive Advantage was used as the analytical framework. Data obtained from the survey were analysed using Descriptive Statistics. The research revealed that businesses are negatively constrained by three most critical factors such as insufficient and unreliable electric supply unfavorable tax system and the cost of transport which is very important since Occidental Mindoro is an island province. The enhancing factors on the other hand are the incentives in the compensation of management favorable market size and the nature of competitive advantage which are unique among industries. However this study also revealed that the environment for the business enterprise is not enabling because majority of the competitive determinants showed competitive disadvantage. Keywords Small and Medium Enterprises Competitiveness Competitive Advantage Michael Porter s Diamond Model Business Environment. Cite this Article Ryan Mark A. Ambong and Liberty R. Mendaña DPA Constraining and Enhancing Factors of Business Enterprise .

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