
The food industry, specifically the catering industry plays a vital role in driving economic growth, however catering businesses or locally known as carinderias encounter internal and external problems affecting their performance. The objective of this study is to determine the influence of Entrepreneurial Orientation and Access to Finance on the Organizational Performance of Carinderia (Food stall) Owners and used the Descriptive-Correlational research design. The theory is anchored on the Research-based view by Wernerfelt (1984). The study identified two independent variables and tested hypothesis on which of the two variables has a significant influence on organizational performance with empirical data from a simple random probability sample of 200 Carinderia owners/managers in Davao City, Philippines. The correlation analysis showed that there is a significant positive low relationship between entrepreneurial orientation and organizational performance, and there is a significant positive moderate relationship between access to finance and organizational performance. Moreover. The regression analysis showed that 33.3 percent of the variation in organizational performance can be attributed to the combined influence of entrepreneurial orientation and access to finance. The findings support the idea that Carinderia owners/managers should continue to exercise entrepreneurial orientation. Moreover, private and government banks should continue to offer accessible formal credit with favorable interest costs.
Entrepreneurial Orientation, Access to Finance, Organizational Performance, and Davao City, Philippines
Entrepreneurial Orientation, Access to Finance, Organizational Performance, and Davao City, Philippines
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