Authors:
Menilda A. Sabulao, Regina L. Docena

Addresses:
Department of Graduate School, Eastern Samar State University, Guiuan Campus, Guiuan, Eastern Samar, Philippines.

Abstract:

Eastern Samar's consumer demand and micro, small, and medium enterprises (MEs) were studied. The study examines how consumer preferences, purchasing behaviour, and socio-economic factors affect ME performance and sustainability in this region. A descriptive-correlational design was used to examine consumer demand and medium enterprise profitability in Eastern Samar's 2nd District. Small company entrepreneurs were counted and 50 were chosen. It used the International Labour Organization survey questionnaire. Select consumer profile characteristics such categories of business, number of employees, years in operation, and average monthly Revenue have little effect on medium firm profitability, suggesting more complex research to identify indirect links. The study also demonstrates a strong association between customer demand and medium firm profitability. Consumer demand drives these enterprises because it increases profitability. The researcher advises companies to match products and services to profitable consumer preferences and use demand forecasts and responsive product development tactics. Finally, teach MEs workforce management with a focus on customer service and efficiency.

Keywords: Medium Enterprises (MEs); Product Development Strategies; Labour Organization Survey; Consumer Demand; Medium Enterprise Profitability; Finance Corporation; Workforce Management.

Received on: 24/04/2024, Revised on: 09/07/2024, Accepted on: 14/09/2024, Published on: 12/12/2024

DOI: 10.69888/FTSML.2024.000315

FMDB Transactions on Sustainable Management Letters, 2024 Vol. 2 No. 4, Pages: 162-171

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