BUSINESS ENVIRONMENTAL FACTORS INFLUENCING THE SUCCESS OF SMALL AND MEDIUM ENTERPRISES (SMES) IN MUANG DISTRICT LAMPANG PROVINCE

Authors

  • Pattratida Wattanapunkitti Faculty of Management Sciences Lampang Rajabhat University Lampang Province 52100 Thailand
  • Usa Bostong Faculty of Management Sciences Lampang Rajabhat University Lampang Province 52100 Thailand
  • Sutep Thongkome Faculty of Management Sciences Lampang Rajabhat University Lampang Province 52100 Thailand

Keywords:

business environment, business success, small and medium enterprises

Abstract

The objectives of this research were to study: 1) the business environmental factors of small and medium enterprises in Muang District, Lampang Province; 2) the success of small and medium enterprises in Mueang District, Lampang Province; and 3) the business environmental factors that influence the success of small and medium enterprises. The population was small and medium enterprises in Mueang District, Lampang Province, that registered with the Department of Business Development, Lampang Province. The sample size was determined by the table of Krejcie and Morgan at the level of 95% confidence and 5% error. It was 317 enterprises that were selected by stratified random sampling and quota sampling. A questionnaire with a reliability of .95 was used as a tool for collecting data from informants who were entrepreneurs. Data were analyzed by using frequency, percentage, mean, standard deviation, Pearson's correlation coefficient, and stepwise multiple regression analysis. The result was found that: 1) the business environmental factors of small and medium enterprises in Mueang District, Lampang Province as a whole was at a high level, 2) the success of small and medium enterprises in Mueang District, Lampang Province was at a high level, and 3) the business environmental factors had an influence on the success of small and medium enterprises in Mueang District, Lampang Province, and could predict 60.1% of the success of small and medium enterprises.

References

Boonbongkarn, J. (2013). Business environment. (9th ed.: Additional revised version). Bangkok: Chulalongkorn University Publishing House. (in Thai)

Cronbach, L.J. (1990). Essentials of psychological testing. (5th ed). New York: Harper Collins.

Daengbudda, N. (2011). The success of the Ban Had community enterprise operation, Ban Had District, Khon Kaen Province. (MA Independent Study Report: Public Administration). College of Local Administration, Khon Kaen University. (in Thai)

DBD: Department of Business Development, Ministry of Commerce. (2017). Business data warehouse, Department of Business Development Ministry of Commerce. Retrieved from http://www.dbd.go.th/ewtadmin/ewt/dbdweb56/ewt_news.php?nid=7485&filename=province_temp1. Searched on November 2, 2016. (in Thai)

DIP: Department of Industrial Promotion. (2018). Quality of view of manufacturers and customers. Retrieved from https://bsc.dip.go.th/th/category/quality-control/quality-view-content. Searched on November 2, 2018. (in Thai)

Fried, H.O. & Tauer, L.W. (2009). Understanding the entrepreneur: an index of entrepreneurial success. Cornell University.

ISMED: Institute of Small and Medium Enterprises Development. (2018). SME entrepreneurs. Retrieved from http://www.ismed.or.th/insti.php. Searched on November 10, 2018. (in Thai)

Jongwutiwes, N., Singhalert, R. & Passago, S. (2010) Factors affecting the success of community business management in Mueang District, Roi-et Province. Journal of Rajabhat Maha Sarakham University, 4(2): 103-111. (in Thai)

Kongsompong, K. (2005). SMEs' strong points. Bangkok: Matichon Publishing. (in Thai)

Krejcie, R. V. & Morgan, D. W. (1970). Determining sample size for research activities. Educational and Psychological Measurement, 30(3): 607-610.

NESDP, The National Economic and Social Development Council. (2017). The twelfth national economic and social development plan (2017-2021). Bangkok: Office of the National Economic and Social Development Board Office of the Prime Minister, Thailand. (in Thai)

Office of Lampang Provincial Industry. (2017). Promote SMEs to move forward to enhance the potential to create a business community 4.0. Retrieved from http://www.industry.go.th/ Lampang/index.php/contacts. Searched on November 2, 2017. (in Thai)

OSMPE: The Office of Small and Medium Enterprise Promotion. (2018). Annual Report 2018. Bangkok: V2R Stardust. (in Thai)

Panpetch, A. (2016). Key success factors of Thai SMEs for entering into the markets of the CLM countries. Journal of Political Administration and Law, 10(2): 481-498. (in Thai)

Phatcharasanee, K. (2017). Model of small and medium business development by the policy of promoting the enterprise of the Thai government by using the exchange system. Academic Journal, Institute of Management Science of the Pacific, 3(2): 150-162. (in Thai)

Thienphut, D. (2008). Managers in the next decade. (4th ed.). Bangkok: Extranet. (in Thai)

Wangbenmadh, C. & Binduhrem, T. (2014). Success factors of small and medium business enterprises (SMEs) in Hat Yai District, Songkhla Province. Journal of Management Sciences, 1(1): 109-123. (in Thai)

Downloads

Published

2020-01-03

How to Cite

Wattanapunkitti, P. ., Bostong, U. ., & Thongkome, S. . (2020). BUSINESS ENVIRONMENTAL FACTORS INFLUENCING THE SUCCESS OF SMALL AND MEDIUM ENTERPRISES (SMES) IN MUANG DISTRICT LAMPANG PROVINCE. Academic Journal Phranakhon Rajabhat University, 11(1), 80–92. Retrieved from https://so01.tci-thaijo.org/index.php/AJPU/article/view/209551

Issue

Section

บทความวิจัย (Research Article)