The operation management practices of night market vendors in selected cities and municipalities in the province of Albay / Kristine Angela S. Abitria

By: Material type: TextTextDescription: 295 leavesContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): Dissertation note: Masters Thesis (MBM) - Business Management Camarines Sur Polytechnic Colleges, 2024 Abstract: This study delved into the operation management practices of night market vendors in selected cities and municipalities within the Province of Albay. Employing a quantitative research approach, data were collected from 206 vendors through a self-administered questionnaire, utilizing a stratified sampling technique for representative sampling. Adopting a descriptive-correlational design, the study aimed to discern significant differences in operation management practices based on vendor profiles and to examine the relationship between these practices and encountered challenges. Findings revealed that the majority of night market vendors were aged 51-60, predominantly male, with a high school education and married. They typically operated with an initial capital of less than Php10,000, had been in business for 3-5 years, and earned an average daily income of less than Php5,000. Sole proprietorship was common, with 1-2 employees. In terms of operation management practices, vendors reported high levels of engagement in procurement, product preparation, pricing strategy, sales and marketing strategy, and customer service relations. Internal challenges such as sourcing, storage, cost management, innovation, and staff training engagement were encountered, alongside external challenges like compliance, weather conditions, competition, online reviews, and customer relations. While vendor profiles did not significantly influence operation management practices, a significant relationship was observed between these practices and internal challenges, suggesting management strategies' influence on overcoming internal hurdles. Conversely, no significant relationship was found between operation management practices and external challenges. Based on these findings, the proposed Night Market Operations Business Manual aims to enhance vendors' operation management practices, foster collaboration, and address various challenges, ultimately fostering the success and sustainability of their businesses.
Tags from this library: No tags from this library for this title. Log in to add tags.
Holdings
Item type Current library Shelving location Call number Copy number Status Date due Barcode
Unpublished Materials Unpublished Materials Main Library Graduate School Library MTH MBM Ab59o 2024 (Browse shelf(Opens below)) 1 - 1 Not for loan 006597UM

Masters Thesis (MBM) - Business Management Camarines Sur Polytechnic Colleges, 2024

Includes bibliographic references.

This study delved into the operation management practices of night market vendors in selected cities and municipalities within the Province of Albay. Employing a quantitative research approach, data were collected from 206 vendors through a self-administered questionnaire, utilizing a stratified sampling technique for representative sampling. Adopting a descriptive-correlational design, the study aimed to discern significant differences in operation management practices based on vendor profiles and to examine the relationship between these practices and encountered challenges. Findings revealed that the majority of night market vendors were aged 51-60, predominantly male, with a high school education and married. They typically operated with an initial capital of less than Php10,000, had been in business for 3-5 years, and earned an average daily income of less than Php5,000. Sole proprietorship was common, with 1-2 employees. In terms of operation management practices, vendors reported high levels of engagement in procurement, product preparation, pricing strategy, sales and marketing strategy, and customer service relations. Internal challenges such as sourcing, storage, cost management, innovation, and staff training engagement were encountered, alongside external challenges like compliance, weather conditions, competition, online reviews, and customer relations. While vendor profiles did not significantly influence operation management practices, a significant relationship was observed between these practices and internal challenges, suggesting management strategies' influence on overcoming internal hurdles. Conversely, no significant relationship was found between operation management practices and external challenges.

Based on these findings, the proposed Night Market Operations Business Manual aims to enhance vendors' operation management practices, foster collaboration, and address various challenges, ultimately fostering the success and sustainability of their businesses.

There are no comments on this title.

to post a comment.