The Relationship between the Sufficiency Economy Philosophy Practice and Performance Represented by the Balanced Scorecard : A Case Study of SME’s in Songkhla Province
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Abstract
This study aims to investigate the level of sufficiency economy philosophy practice and performance represented by balance scorecard of SME’s in Songkhla province, and to test the relationship between sufficiency economy philosophy practice and performance. Population and sample are SME’s of Songkhla province. Descriptive analysis and multiple regression are analyzed the data. As the results, the level of sufficiency economy philosophy practice comprising of the moderation, reasonableness, self-immunity, knowledge and morality and performance represented by balance scorecard comprising of the financial, customer, internal process and learning & growth was in high level. Moreover, there is positively significant relationship between the level of sufficiency economy philosophy practice in terms of reasonableness, self-immunity, knowledge, and morality, and performance represented by balance scorecard.
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