Status of Management Practices of Business Enterprise in Buhi, Camarines Sur

David  Escalante,; Michelle  B. Maligang,; Jannet Cielo  Rahman,; Leizl  L. Espinas,; Marites  D. Arines,

Status of Management Practices of Business Enterprise in Buhi, Camarines Sur

David Escalante | Michelle B. Maligang | Jannet Cielo Rahman | Leizl L. Espinas | Marites D. Arines

Abstract:

Management practices are significant in developing business enterprises in Buhi, Camarines Sur. It is important to focus on the internal aspects to understand the different management practices that help the institution to remain strong and productive. This research sought answers to the question: What is the status of management practices adopted by business enterprises in Buhi, Camarines Sur, along with Human Resource Management, Marketing Management, Financial Management, and Organizational Management? This study used a descriptive research method that involves collecting data to answer questions concerning the current status of the subject or prevailing questions. The study used a questionnaire as a tool to gather data. The study concludes that in the status of human resource management in management practices by business enterprises, the majority of the respondents use employment orientation about the rules and regulations of the company, and its objectives are given to newly hired employees. Most respondents in terms of marketing management responded that they always encountered. Offering a product that provides customers with value. Regarding the management practices by business enterprises in Buhi, Camarines Sur, in terms of financial management, most respondents always use financial reports in decision-making. In terms of organizational management, most respondents responded that they always encountered. The business activities are explicit, and every employee is independent.

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