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Republic of the Philippines

Department of Education

Division of South Cotabato

TUPI NATIONAL HIGH SCHOOL

SENIOR HIGH SCHOOL

Poblacion, Tupi, South Cotabato

Challenges Faced by Small Enterprises in Tupi Public Market during
Pandemic.

In Partial Fulfillment of the Requirements

Research

Presented to:

Jocelyn Franco Zarate

BY:  

Andigan, Wiza Y-iar M.  

Dimalilay, Jedah L.

Felicilda, Jane Kyla I.

Llanto, Darryl Wayne L.

Malicia, Jezelle P.

Namanama, Althea Cherain B.

Samplidan, Sherryn K.  

Tago, Zhyra Ahlea D.

RESEARCHERS

CHAPTER I

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The Problem and Its Setting

Background of the Study

The impact of the pandemic can be seen across this sector (Jones et al. 2020). The
vulnerable sector such as small and medium enterprises are already shown some
symptoms like closure or heavy last you to lock down in many countries. Small
and medium enterprises (SMEs) are characterized but limited financial and non-
financial resources (Welsh and White, 1981). This makes as SMEs more prone to
the negative effect of environmental factor (d’Amboise and Muldowney, 1988;
Welsh and White, 1981).

The businesses in the Philippines immediately experience a huge economic

loss, due to this Pandemic, so to prevent unemployment, poverty, and food
insecurity rate, nowadays, small enterprises around the globe can and should play
a crucial role.

Small Business Research has recognized the importance of crisis

Perspective (Herbane 2010). A recent review of literature on prices and small and
medium enterprises finds the most of the publication focus on financial issue
(51%), followed by strategy (41%), and institutional environment (8%) (Eggers
2020). According to Egger (2020), Most of these studies focus on finance are
concerned with the consequences of the crisis on small firms namely the lack of
funding and financing sources. The strategy-oriented studies indicate that
successful firms add up a strategy that is both market and entrepreneurship
oriented during a crisis. However, the biggest challenge faced by small
enterprises is to maintain continuity of business. The lockdown in the countries
has slowed the speed of business also small companies and finding it difficult to
run their shop.

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According to the Philippine Institute for Development Studies (Abrigo et al
2020) cited by Shinozaki and Rao, the Philippines may suffer economic losses
between P276.3 billion and P2.5 trillion due to the COVID-19 pandemic. The most
affected business sectors will be manufacturing, with losses between P82.1 billion
and P855.2 billion, wholesale and retail trade, with losses between P93.2 billion
and P724.8 billion, and transport/storage/communication, with losses between
P11.7 billion and P124.3 billion. Abrigo et al (2020) also estimated that, if the
ECQ continued to May 2020, it would potentially cost the Philippine economy at
least P150 billion given the decline in household consumption.

Tupi, South Cotabato Public Market Small Enterprises, officially the Province
of South Cotabato, is a province in the Philippines located in the
Soccsksargen Region in Mindanao, faced many experiences and some major
challenges due to COVID-19 pandemic, so to know what are those challenges
they encountered during this pandemic year and how they manage to survive
from it gave the impetus to this study.

Statement of the Problem

To fill the gap of knowledge, this phenomenology study is conceptualized

to describe and interpret the challenges faced by participants’ in their
businesses during this pandemic year. The challenges to be describe and
interpret will be limited only to the tupi public market vendors located at Mel’s
Paint Center Purok 8 of Poblacion, Tupi, South Cotabato

Specifically, this study sought to answer the following questions:

1. What are the challenges faced by the small Enterprised in their business during
the pandemic?

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2.  How do the small Enterprised describe the challenges they faced in
their business during the pandemic?

3. How do the participants manage their business during the pandemic?

Significance of the Study

Scope and Delimitation

The main focus of this study is to determine the Challenges that has been
faced by the major vendors during this pandemic. Clearly, this will be conducted
at Tupi public market. Located at Mel’s Paint Center, Purok 8 or near in the plaza
of Poblacion, Tupi South Cotabato. The respondents of this study will be
the selected public market Vendors of Poblacion, Tupi South Cotabato. This
study will be conducted during the pandemic year 2020-2021.  

Definition of Terms

       Terms here are defined conceptually and operationally for

better understanding of readers.        

Challenges. Conceptually, this term literally means as an invitation or a call

to action to someone. (Beghetto,2021) .

Operationally, this term refers to struggles of someone that is needed to  

Solve or surpassed.

Pandemic. Conceptually, this term pertains to a disease outbreak that spreads all

around the countries and continents in the world. (Robinson, 2020).

Operationally, this term refers to a widespread of virus that affects all lives
and places in the world.

Public Market. Conceptually, this term is defined as a carefully

planned intentional, and diverse medley of the owner-operated shops or stall
that sells different goods. (Zaretsky, 2017).

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Operationally, this term refers as a place wherein a huge number of
small enterprises sells their goods to gain income and to supply the needs of
the consumer.

Market Vendors. Conceptually, this term is defined as a person who

sells different goods in the Market that acts as a supplier or a seller. (Grant, 2020).

Operationally, this term refers to the respondents of the study.  

Small Enterprises. Conceptually, this term is also known as a small business that

has limited number of employees and a limited flow of finances and materials.
(Sarokin, 2019).
Operationally, this term refers to a business own by the market vendors.