A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
A study of business growth and profitability of small and medium sized enterprises under the sufficiency economy philosophy model. (Thai)
The aims of this research were to study business growth and profitability. The data was gathered from 120 SMEs participating in the Sufficiency Economy Practice Contest organized by the Office of the Royal Development Projects Board to celebrate the King's 80th birthday. The instrument used in this research wasa questionnaire. Percentages, means and standard deviations were calculated. The results of the study were that the principles of successful enterprises are: be fair and do not take any advantage of workers, consumers and suppliers (47.55%), do not stress short term profit (21.66%), and use processing methods in line with management proficiency (21.66%). In conclusion principles are (1) take profit based on moral principles and happiness rather than profit figures and (2) the businesses all showed growth in human, physical, social, and environmental capital.
A study of business growth and profitability of small and medium sized enterprises under the sufficiency economy philosophy model. (Thai)
The aims of this research were to study business growth and profitability. The data was gathered from 120 SMEs participating in the Sufficiency Economy Practice Contest organized by the Office of the Royal Development Projects Board to celebrate the King's 80th birthday. The instrument used in this research wasa questionnaire. Percentages, means and standard deviations were calculated. The results of the study were that the principles of successful enterprises are: be fair and do not take any advantage of workers, consumers and suppliers (47.55%), do not stress short term profit (21.66%), and use processing methods in line with management proficiency (21.66%). In conclusion principles are (1) take profit based on moral principles and happiness rather than profit figures and (2) the businesses all showed growth in human, physical, social, and environmental capital.
A study of business growth and profitability of small and medium sized enterprises under the sufficiency economy philosophy model. (Thai)
Khunthongjan, Supawadee (author) / Puntasen, Apichai (author) / Viboonpong, Aree (author)
2017-04-19
Asia-Pacific Journal of Science and Technology; Vol 14 No 4 (2009): April; 271-283 ; 2539-6293 ; 2350-9767
Article (Journal)
Electronic Resource
English
DDC:
690
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