Performance of Multipurpose Cooperatives in Batangas: Basis for Business Sustainability Framework

This study identified the performance of multipurpose cooperatives in Batangas. More specifically, it determined its profile, performance, extent of implementation of sustainability practices, and internal and external challenges. This further tested if there is significant differences on performance and sustainability when grouped according to business profile; significant relationship between performance and sustainability; significant relationship between performance, sustainability and internal and external challenges; and finally, proposed business sustainability framework. The researcher used descriptive method using survey questionnaire in gathering data. Twenty-five cooperatives were considered in the study with total of three hundred fifteen respondents selected using stratified sampling.

Results show that majority of multipurpose cooperatives have more than 1,000 members, 31-50 years in operation, have more than Php 15,000,000.00 capital, engaged in five businesses, and are located in rural areas. Employees and officers strongly agreed that multipurpose cooperatives in Batangas are in very good performance; highly implementing sustainability practices and experienced less serious internal and external challenges. Furthermore, there is significant differences on performance and sustainability when grouped according to business profile; there is positive significant relationship between the business performance and business sustainability of the cooperatives; there is significant negative relationship between the business profile and internal challenges faced by the cooperative and its members. Finally, the researcher proposed business sustainability framework for multipurpose cooperatives in Batangas.

Keywords –performance, sustainability, challenges