Business Studies
Volume: 140 , Issue: 1 , January Published Date: 14 January 2024
Publisher Name: IJRP
Views: 397 , Download: 301 , Pages: 624 - 657
DOI: 10.47119/IJRP1001401120246021
Publisher Name: IJRP
Views: 397 , Download: 301 , Pages: 624 - 657
DOI: 10.47119/IJRP1001401120246021
Authors
# | Author Name |
---|---|
1 | Genemar G. Mortera |
2 | Stilo Floyd Schneider |
Abstract
This study aims to explore and investigate the different underlying factors that may influence tourism social enterprises sustainability in South Cotabato. To achieve this main objective, the researcher employs quantitative research approach under exploratory factor analysis (EFA) to quantify latent variables, thematic variables, and the relationships among the variables through rotated component analysis. Based on the results, the study reveals four (4) distinct factors, each representing a unique set of characteristics. Factor 1 emphasizes a holistic perspective, encompassing organizational culture, social impact, and the ability to create opportunities. Factor 2 highlights the importance of personal growth, adaptability, and organizational structure. Factor 3 focuses on the work environment, organizational values, and expectations, aligning with community development and social change principles. Factor 4 underscores the importance of personal career achievements, leadership skills, and confidence. These findings provide a structured framework to understand the complex interplay of factors that influence career decisions and entrepreneurial activities in tourism social entrepreneurship. Thus, the theoretical implications of the study contribute to the academic understanding of social entrepreneurship, while the practical implications offer valuable guidance for both practitioners and stakeholders in the tourism social entrepreneurship sector. The identified factors can inform strategic decision-making, support programs, educational initiatives, and policy development, ultimately fostering more successful and impactful social enterprises in the tourism industry.