The Relationship Between the Consumer’s Demand and Medium Enterprise Profitability

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.

Authors

Publication Details

Journal
FMDB Transactions on Sustainable Management Letters
Published
2024-12-12
DOI
https://doi.org/10.69888/ftsml.2024.000315
Primary Topic
Working Capital and Financial Performance
Type
article
Field-Weighted Citation Impact
0.00
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article

The Relationship Between the Consumer’s Demand and Medium Enterprise Profitability

Regina L. Docena, Menilda A. Sabulao
FMDB Transactions on Sustainable Management Letters
Working Capital and Financial Performance
article

The Relationship Between the Consumer’s Demand and Medium Enterprise Profitability

Regina L. Docena, Menilda A. Sabulao
article en

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.

FMDB Transactions on Sustainable Management LettersVol. 2(4)
Openalex Percentile: Top 49%
Working Capital and Financial Performance
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