Management Functions in Small Entrepreneurs: Scale Development and Validation

Authors

  • Wanlee Putsom Associate Professor, Faculty of Business Administration, Asia-Pacific International University, Thailand

Keywords:

Management Function, Scale Development, Small Entrepreneur

Abstract

The primary purpose of this study is to create and develop a management functions scale develop a management scale tailored for small entrepreneurs consisting of various types of business. The study objectives are finding the validity and reliability questions to assess the management functions that appeared in all of the management books and academic literatures. In this study, management functions consist of four functions that specified in numerous management documents included planning, organizing, leading, and controlling as represented in the role of dimensions to measure the management functions. The data was gathered by using questionnaires from 214 administrators or owners of small entrepreneurs from diverse small businesses. Data analysis used reliability and validity testing throughout several steps such as IOC, try out, Cronbach’s alpha, exploratory factor analysis (EFA) and confirmatory factor analysis (CFA) to measure each management function dimensions. This research showed the confirmed results eighteen from twenty items resulting in four dimensions of management functions consist of planning (four items), organizing (four items), leading (five items) and controlling (five items). Moreover, the finding indicated that all of the dimensions appeared the model fit statistics are the highest contributor to management functions followed controlling, leading, organizing and planning. The study provides important implications for future research and the development of management function scales, offering valuable insights for small business management.

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Published

2024-09-30