Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru
Business growth is crucial for the long-term sustainability of a company. Such growth enables the acquisition of new customers as well as significant financing. In turn, it generates favorable profits for the company and contributes to the organization's prosperity and development. Therefore, the ob...
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| Formato: | Artículo |
| Lenguaje: | inglés |
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2023
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| Acceso en línea: | Enlace permanente (DOI o Handle) Descargar el archivo |
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| _version_ | 1881700461954727936 |
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| author | Jafet Moisés Gonzales Centon Wuilmer Chávez Cubas Jeanette Berrio Huillcacuri Abrahan Braulio Santos Maldonado |
| author_browse | Abrahan Braulio Santos Maldonado Jafet Moisés Gonzales Centon Jeanette Berrio Huillcacuri Wuilmer Chávez Cubas |
| author_facet | Jafet Moisés Gonzales Centon Wuilmer Chávez Cubas Jeanette Berrio Huillcacuri Abrahan Braulio Santos Maldonado |
| author_sort | Jafet Moisés Gonzales Centon |
| collection | Producción científica |
| description | Business growth is crucial for the long-term sustainability of a company. Such growth enables the acquisition of new customers as well as significant financing. In turn, it generates favorable profits for the company and contributes to the organization's prosperity and development. Therefore, the objective was aimed at determining the business growth in relation to the profitability of a commercial MSE in Arequipa, during the period 2018-2022. The research was structured as a quantitative, basic, descriptive, non-experimental, correlational, and cross-sectional study. Thus, the relationship is evidenced by the Pearson's statistic through business development and economic profitability, under a 0.02 error. This achieved a high correlation of 0.845, indicating that if business development increases exponentially or is high, economic profitability also increases directly. Meanwhile, the internal factor shows a medium correlation of 0.596, with an error level of 0.040 regarding financial profitability. Similarly, concerning the external factor, a high correlation of 0.901 is shown in terms of financial profitability, and medium, of 0.666, regarding economic profitability. |
| format | Article |
| id | openalex:W4383893809 |
| institution | UPeU |
| language | English |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| record_format | dspace |
| spelling | openalex:W4383893809Business growth and its relationship with the profitability of a commercial MSE in Arequipa, PeruJafet Moisés Gonzales CentonWuilmer Chávez CubasJeanette Berrio HuillcacuriAbrahan Braulio Santos Maldonadobusiness growthprofitabilitymicro and small enterpriseseconomic profitabilityinternal factorsexternal factorsArequipaBusiness, Education, Mathematics ResearchFirm Innovation and GrowthEconomic and Industrial DevelopmentBusiness growth is crucial for the long-term sustainability of a company. Such growth enables the acquisition of new customers as well as significant financing. In turn, it generates favorable profits for the company and contributes to the organization's prosperity and development. Therefore, the objective was aimed at determining the business growth in relation to the profitability of a commercial MSE in Arequipa, during the period 2018-2022. The research was structured as a quantitative, basic, descriptive, non-experimental, correlational, and cross-sectional study. Thus, the relationship is evidenced by the Pearson's statistic through business development and economic profitability, under a 0.02 error. This achieved a high correlation of 0.845, indicating that if business development increases exponentially or is high, economic profitability also increases directly. Meanwhile, the internal factor shows a medium correlation of 0.596, with an error level of 0.040 regarding financial profitability. Similarly, concerning the external factor, a high correlation of 0.901 is shown in terms of financial profitability, and medium, of 0.666, regarding economic profitability.Articlehttps://doi.org/10.58763/rc202387https://rc.cienciasas.org/index.php/rc/article/download/87/74W4383893809enRegión Científica2954-61682023-07-04 |
| spellingShingle | business growth profitability micro and small enterprises economic profitability internal factors external factors Arequipa Business, Education, Mathematics Research Firm Innovation and Growth Economic and Industrial Development Jafet Moisés Gonzales Centon Wuilmer Chávez Cubas Jeanette Berrio Huillcacuri Abrahan Braulio Santos Maldonado Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru |
| title | Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru |
| title_full | Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru |
| title_fullStr | Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru |
| title_full_unstemmed | Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru |
| title_short | Business growth and its relationship with the profitability of a commercial MSE in Arequipa, Peru |
| title_sort | business growth and its relationship with the profitability of a commercial mse in arequipa peru |
| topic | business growth profitability micro and small enterprises economic profitability internal factors external factors Arequipa Business, Education, Mathematics Research Firm Innovation and Growth Economic and Industrial Development |
| topic_facet | business growth profitability micro and small enterprises economic profitability internal factors external factors Arequipa Business, Education, Mathematics Research Firm Innovation and Growth Economic and Industrial Development |
| url | https://doi.org/10.58763/rc202387 https://rc.cienciasas.org/index.php/rc/article/download/87/74 |
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