Relationship between production levels and profitability margin of small dairy production company in Ecuador: Subtropical case study of Bolívar
Keywords:
Socioeconomics, profitability, production, micro enterprise, subtropical.Abstract
In recent years, micro dairy enterprises have experienced significant growth due to the increasing demand for fresh and healthy dairy products by consumers. This demand has created business opportunities for entrepreneurs and small-scale producers looking to enter the dairy sector. One of the most notable aspects of these micro enterprises is their socioeconomic impact. The data for this research were obtained from Noelys, a micro enterprise located in the subtropical region of Bolívar province. IBM SPSS Statistics 25 software was used for statistical analysis. The Shapiro-Wilk normality test and parametric correlation were conducted. The results indicate a direct relationship between production levels and profitability margins, and their impact on the local socioeconomic conditions.