Business Climate in the Municipality of Malilipot, Albay

This study determined the business climate in the Municipality of Malilipot along local economic development, government and political stability, technological advancements, market opportunities and social and cultural conditions. It answered the following sub-problems: 1.) What is the business climate in the Municipality of Malilipot?; 2.) What is the level of business climate in the Municipality of Malilipot along local economic development, government and political stability, technological advancements, market opportunities and social and cultural conditions?; 3.) Is there a significant difference on the level of business climate between service and non-service sectors?; 4.) What are the challenges that influence the business climate in Malilipot, Albay?; and 5.) What business strategy guide may be proposed to address the challenges met? The researcher tested the null hypothesis that there is no significant difference on the level of business climate between the service and non-service sector respondents along the five (5) components. The study utilized the quantitative research methodology. Specifically, it employed the descriptive-survey design and a researcher made questionnaire as a research tool. The researcher employed frequency count, percentage, weighted mean and Analysis of Variance and F-test to determine the significant difference.