Managerial Efficiency of Small Business Owners in South Andaman District, India

Abstract

This study investigates the efficiency of managerial practises adopted by the owners of f small enterprises in south Andaman region. The study is based on primary source of data, collected during the period from November, 2015 to May, 2016.The study used a stratified random sample of 400 respondents from South Andaman District. The findings of the study shows that small business owners are efficient in managerial planning and customer relations practices. In addition to this, the results of multiple regression model shows that independent variables such as age, business experience, educational qualification, working hours of enterprises are significantly influencing the profitability of small enterprises. Based on the findings, it is recommended that small business entrepreneurs should adopt efficient managerial practices to manage the overall affairs of the enterprises.