BUDGETING PRACTICES AND SUSTAINABILITY AMONG SELECTED FRUIT VENDORS IN PANABO CITY MARKET

Abstract

This study aimed to examine the relationship between budgeting practices and sustainability among selected fruit vendors in Panabo City market. The independent variable of the study is budgeting practices with the indicators of financial planning. The dependent variable of the study is sustainability. This study applied descriptive correlation for sampling thirty (30) vendors among selected fruit store in Panabo City. This study employed survey questionnaire of both variables. The questionnaire was administered personally to the target respondents and collected by the researchers for the interpretation to determine the result of the study. Moreover, the statistical tools used in interpretation of data were weighted mean and Person-r. The grand mean for all the level of 4.82 with the descriptive equivalent of very high which is indicated by financial planning with the mean of 4.77 respectively while the level of the sustainability has an over-all mean of 4.87 with the descriptive equivalent of very high. The findings show that there is no significant relationship budgeting practices and sustainability among selected fruit vendors in Panabo City market.

Keywords: budgeting practices, financial planning and sustainability.