Entrepreneurs’ Competence, Practices, And Challenges in Business Management

@article{1718298,
      author = {Shaira Mie E. Severino, Anelyn Janaban, Erly M. Martir},
      title = {Entrepreneurs’ Competence, Practices, And Challenges in Business Management},
      journal = {Iconic Research And Engineering Journals},
      year = {2026},
      volume = {9},
      number = {11},
      pages = {3474-3494},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1718298.pdf},
      abstract = {This study was conducted to determine the entrepreneurs’ competence practices, and challenges in business management in Guimaras, Philippines, for the Year 2025. The independent variables were age, educational attainment, specialization, nature of business and location while entrepreneurs’ competence, practices, and challenges in business management were the dependent variable. The study utilized the 60- coffee shop, laundry and water refilling business owners in five municipalities in Guimaras who were purposively chosen using convenience technique. Data were gathered using the validated and reliability tested research instrument. Does statistical tools where frequency count, percentage, mean, Mann-Whitney U Test, Kruskal-Wallis H Test, and Spearman’s rho and the level of significance was set at 0.05. Results revealed that the entrepreneurs were mostly college graduate, business specialized in laundry venture, and located in the municipality of Buenavista; the entrepreneurs had very high of competence in business management as a whole and classified according to age, specialization, nature of business, educational attainment and location; they mostly practiced the structured services in business management and the strategies to support stable operations and slightly encountered the difficulties in business management; there were no significant differences in the level of entrepreneurs’ competence when grouped in terms of age, educational attainment and nature of business but significant when grouped by specialization and location; there were significant differences in the entrepreneurs’ practice except when classified according to specialization; no significant difference in the challenges they encountered except when grouped by age, and nature of business; and there were significant relationships among entrepreneurs’ competence, practice and challenges encountered in business management.},
      keywords = {Competence, Practices, Challenges, Non-Business and Business Course Graduate Entrepreneurs},
      month = {May},
      doi = {https://doi.org/10.64388/IREV9I11-1718298}
  }