Resiliency of Microenterprises amidst Pandemic in Davao Del Sur Philippines

Moreover, government support and business resilience obtained r-value of 0.698 which interpreted as strong positive linear relationship. It also obtained a p-value of 7.15E-16 which is lower than 0.05 level of significance, thus, reject the null hypothesis (Ho). Result indicated that there is a significant relationship between the government support and business resilience. The result implies that resiliency amidst pandemic were perceived by microenterprises as significant to their business operation. As Microenterprises are also dependent on the policies and supports from the government as they rely on it.

The outbreak of COVID 19 shocked all parties and greatly implicated politics and economy of the world nowadays. The most concerned with this was the government who owned the interest in protecting the national economy in general and society in particular. Most of the policy initiatives taken by the government were to foster economic during crisis of COVID-19. The policy targeted the resilience of enterprises, the existing industrial sector and broader economic interests. Those economic rescue measures aimed at ensuring the stability of working conditions and productivity, as well as the continuance of economic activities, which is critical for the people's security (Kuckertz et al. 2020).

In addition, government support during crisis will greatly affect the operational activities of MSME, moreover the spread of COVID- 19 which creates variety of restrictions will greatly impact the operations of the business which mostly depend on direct marketing. Thus, government protocols that accommodate space such as tax relief, funding and other donor will greatly affect business crisis management and business resiliency, as revealed by (Kuckertz et al. 2020), the need for systematic efforts in the form of policies will help entrepreneurs to survive their business during crisis.

Also, various authors stated that support from government is needed by MSMEs, especially in overcoming financial problems and working capital. Government support in the form of relaxation of credit as a legal protection for small and medium entrepreneurs to propose payment delays, debt rescheduling and suspension of tax payments become a basis that at least relieve them in managing cash flow. As a result, it has been proposed that local microbusinesses, governments, and society establish adequate risk control and response measures to reduce COVID's detrimental environmental impact (Lokhandwala & Gautam, 2020; Mahmood et al., 2020; Shakil, Munim, Tasnia, & Sarowar, 2020).

Furthermore, crisis management and business resilience obtained r-value of 0.705 which interpreted as strong positive linear relationship. It also obtained a p-value of 2.70E-16 which is lower than 0.05 level of significance, thus, reject the null hypothesis (Ho). Result indicated that there is a significant relationship between the crisis management and business resilience. In this quantitative findings provide sufficient evidence to reject the null hypothesis. It indicates that there is a significant relationship in resiliency amidst pandemic when analyzed according to crisis management. This means that resilience effect crisis management and in the face of future pandemics or other natural calamities, resilience is important. Microenterprises must devote resources to the creation of a robust crisis management strategy in the event of a similar disaster in the future. Resiliency determined the most significant preparatory measures in managing successful and efficient preparation while coping with disasters (Gittell et al., 2006; Prasad et al., 2015).

According to Kuckertz et al. (2020), one of these efforts is to find out what can be done by business owners in facing the current crisis and have it as a guide in dealing with crisis in the future time to be more resilient to the uncertainties.

VI. Conclusion

Base on the findings of the study, the researcher presented the following conclusions:

6.1 Most of the respondents of the study are dominated by not less than three years food manufacturing microenterprises with 3 and below number of employees and mostly estimated monthly income of 20,001 and above.

6.2 Among the level of factors influencing resilience of micro enterprises amidst pandemic entrepreneurial characteristics has great influence.

6.3 Business resiliency of micro enterprises is considered a strategic management decision that helped microenterprises fight against the disruptions of the outbreak of covid-19. Micro enterprises are resilient in terms of facing crisis as a challenge that need to be faced by possessing entrepreneurial characteristics.

6.4 Entrepreneurial characteristics, utilization of technology, government support and crisis management have a direct effect to business resilience, thus, significant relationship exists.

VII. Recommendations

From the results of the study and on conclusions being drawn, the researcher made the following recommendations which are reflected in the resiliency of micro enterprises amidst pandemic.

7.1 Among the factors influencing resiliency amidst pandemic entrepreneurial characteristics has great influence, therefore if one attempts to engage in business during pandemic then he must possess entrepreneurial;

7.2 For future entrepreneurs planning to engage into micro business must develop utilization of technology this perspective is even more critical in times of severe change, because established new business models will emerge, as well as new opportunities.

7.3 Micro enterprises must adopt an opportunity-seeking mindset amidst uncertainties is it is important for owners to strengthen their resiliency muscles. For micro enterprises and other businesses who undergone the same crisis and did not survive during the disruptions amidst pandemic it is recommend to have business resiliency.

7.4 Microenterprises must build genuine relationship with their customer base, establish links within the community, increase their very own skillsets, and reinvent their business models to emerge stronger than ever before.

7.5 Micro entrepreneurs must build crisis management amidst business uncertainties and to stay afloat and recover from the crisis, the situation must be continuously monitored and new markets or products/services must be offered. Particularly, micro enterprises to counteract the outbreak's harmful effects and survive the crisis, creative thinking is required. Improve strategies by embedding lessons learned can minimize the risk of the next crisis.

7.6 Microenterprises should call for the government to invest more in boosting microbusiness support basically for financial assistance which are greatly needed for the survival for other Microenterprises affected by the disruptions by pandemic which generally Microenterprises are dependent from their daily income.

7.7 Lastly, as the researcher of this study recommends that micro enterprises and/or entrepreneurs must acquire strong entrepreneurial spirit that includes faith. Faith believing that they are truly nothing without the help of God. Those in times of downfalls, sufferings, and in crisis, entrepreneurs must believe that in God nothing is impossible. To possess entrepreneurial characteristic with faith it gives hope, courage and strength to face crisis brought by the disruptions of covid-19 pandemic.

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