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Full-Text Articles in Behavioral Economics
Evolution Of Philippine Businesses: Response To Internal And External Turbulence: Review Of Literature And A Framework For A Research Program, Ma. Andrea L. Santiago
Evolution Of Philippine Businesses: Response To Internal And External Turbulence: Review Of Literature And A Framework For A Research Program, Ma. Andrea L. Santiago
Angelo King Institute for Economic and Business Studies (AKI)
The Philippine business environment undoubtedly is characterized as having a boom and bust cycle. It has not been able to take off as compared to its neighboring countries (Lim, 1999). Now more than ever, the political and economic environment has become a big challenge for many local businesses.
In spite, or because, of the current environment there are businesses that continue to prosper. On the one extreme are the large conglomerates that have the muscle to withstand major shocks and the on other are the smaller entrepreneurial ventures that are flexible and able to seize upon opportunities quickly.
In trying …