Micro-enterprises and Value Creation: Business Management Practices of Micro-enterprises Leading to Value Creation

Micro-enterprises are established as a way of generating income for small businessmen who lack the necessary capitalization for larger business ventures. They are, however, very significant in the endogenous economic growth of developing countries like the Philippines. To ensure the maximum benefits from micro-enterprise projects, it is necessary to ensure that business activities create added values to basic products as they go through the manufacturing and commerce aspects of business. The business management practices implemented by micro-enterprises can give basis for determining the degree of value creation. This research was conducted to determine the business management practices of micro-enterprises in Legazpi City, Philippines that lead to value creation. The book will be useful to business managers, academics and general public.