000			02996nam a22003977a 4500
003			OSt
005			20230404110041.0
008			230324b |||||||| |||| 00| 0 eng d
040			_aUniversity of Cebu - Banilad _cUniversity of Cebu - Banilad
100			_aOmila, Neil Gliann.
245			_aFinancial strategies applied by small and medium enterprises as survival mechanisms from ecoonomic slump during the pandemic / _cNeil Gliann Omila, Jovy Ann P. Manigos, Michelle D. Pacquiao, Liera Mae O. Ynot, Chryss Disney T. Sumile.
260			_aCebu City, Philippines : _bUniversity of Cebu - Banilad, _cc2022.
300			_ax, 127 pages :
336			_2rdacontent _atext
337			_2rdamedia _aunmediated
338			_2rdacarrier _avolume
520			_aAbstract: Small and medium enterprises play a significant role in economic development and constitute the backbone of the economy. SMEs create jobs for the people in growing the economy. In contrast , the pandemic negatively impacts the small and medium enterprises' sustainability and survival. This study analyzed the financial strategies that small and medium enterprises in Mandaue City applied to survive amidst the economic slump brought by the COVID-19 pandemic. The study used a descriptive survey method conducted among small and medium enterprises registered Business Processing and Licensing Office in Mandaue City. The respondents were 120 small and medium enterprise owners chosen and selected using stratified random sampling technique. This study further utilized a researcher-designed survey tool to collect essential information on small and medium enterprises' profiles and financial strategies to survive the economic slump during the COVID-19 pandemic. Simple percentages, weighted mean, and T-test were used to calculate and analyze the data. The study disclosed that small and medium enterprises moderately apply financial strategies. There is no significant difference between the financial strategies used by small and medium enterprises (operation cost minimization and downsizing workforces) to survive the economic slump during the COVID-19 pandemic. Moreover, the researchers recommend proposed that the financial sustainability plan for small and medium enterprises may be adopted and implemented.
541			_xBiore, Christopher _yCollege of Business and Accountancy _zBSBA-Management Accounting
546			_aEnglish
653			_aBusiness Financial Sustainability
653			_aSMEs
653			_aFinancial Strategies
653			_aOperation Cost Minimization
653			_aDownsizing of Workforces
653			_aCOVID-19 Pandemic
653			_aDescriptive-Correlational Study
653			_aMandaue City
653			_aPhilippines
700			_aPacquiao, Michelle D.,
700			_aManigos, Jovy Ann P.,
700			_aYnot, Liera Mae O.,
700			_aSumile, Chryss Disney T.,
942			_2ddc _cTHE
998			_cKassandra [new] _d03/24/2023
999			_c11482 _d11482