ENTREPRENEURIAL COMPETENCIES OF MANAGERS IN THE FOOD INDUSTRY IN NORTHERN SAMAR, PHILIPPINES

Abstract

This study aimed to investigate the frequency manifestation of the entrepreneurial competencies among owners/managers and profitability of the food industry in Northern Samar and its impact on the firm’s performance as ascertained by themselves and their employees with an end view of proposing an inputs for the design of a sustainable food business model towards the development of an entrepreneurial competency framework. Findings show that most of the entrepreneurs in Northern Samar have basic competence along leadership style that meets the needs of the employees. They are knowledgeable in formulating and carrying out an action in sequential order to achieve goals of their organization. These businessmen were courteous in dealing with others and can communicate and work well with people. They were competent enough to observe fairness and honesty in dong their business. They are encouraging ethical behavior by punishing negative actions and rewarding positive behaviors.   This is something that makes their business thrive for the last decade