The Relationship between the Operational Policies and Efficiency of Using a Single Account of Small and Medium Enterprises (SMEs) Entrepreneur in Nakhon Phanom Province

Abstract

The objectives of this research were (1) to study the general characteristics of medium and small enterprises (SMEs) entrepreneur in Nakhon Phanom province, (2) to investigate operational policy factors affecting the efficiency of using a single account of medium and small enterprises (SMEs) entrepreneur in Nakhon Phanom province, and (3) to analyze the relationship between operational policy of using a single account and the efficiency of medium and small enterprises (SMEs) entrepreneur in Nakhon Phanom province in order to enhance the business competitiveness. This research was quantitative research. The sample group consisted of 394 medium and small enterprises (SMEs) entrepreneurs in Nakhon Phanom province using quota selection and simple random sampling methods. Research tool included questionnaire. The statistics used in the research comprised frequency, percentages, mean, standard deviation, exploratory factor analysis using factor analysis statistics, and Pearson correlation coefficient.
The research results were found that most of medium and small enterprises (SMEs) entrepreneurs in Nakhon Phanom province were female, with age between 31-40 years, educational level of bachelor's degree, and married marital status, holding the position as manager.  The business type was limited company, operated in service industry. The business had various distribution channels, consisting of 1-2 accounting staff. The accounting process task was performed using computers, with the registered capital of 1-5 million Baht. The main sources of capital for the business included their own funds and financial institutions. The key principles in operating the business mainly emphasized administrative experience.
The relationship between operational policy of using a single account and the efficiency of medium and small enterprises (SMEs) entrepreneur in Nakhon Phanom province.