UNIVERSITY OF MANDALAY

DEPARTMENT OF ECONOMICS
MBA PROGRAMME

ENTREPRENEURIAL CHARACTERISTICS OF OWNERS IN

IRON MELTING INDUSTRY

Sai Wan Saing

MBA-58

UNIVERSITY OF MANDALAY
DEPARTMENT OF ECONOMICS
MBA PROGRAMME

ENTREPRENEURIAL CHARACTERISTICS OF OWNERS IN

IRON MELTING INDUSTRY

Supervised by:

Submitted By:

Dr. Than Than Aye

Sai Wan Saing

Associate Professor

MBA 58

Department of Commerce
Maiktila University of Economics

MEIKTILA UNIVERSITY OF ECONOMICS

MBA PROGRAMME

This thesis is submitted to the Board of Examiners as Partial Fulfillment of the Degree
of '' Master of Business Administration''

Submitted By:

Sai Wan Saing

MBA-58

ABSTRACT
This study intends to analyze the relationship between entrepreneurs
demographical characteristics and business growth of iron melting in Mandalay
Industrial Zone. Demographical characteristics are age, gender, education and prior
experience. Business growth consists of sales growth and employee growth. 100
entrepreneurs in iron melting industry are interviewed. Correlation coefficient
between each character and each growth are calculated. With respect to demographic
factors, it is found that majority of respondents are is the age group between 30-39,
the number of male participant, is higher than female participants, majority are
married and majority of prior work are business owner. In regard with sales growth
and employees growth, business owner and married participants are higher than other
participants. The main suggestions are that entrepreneurship should be more promoted
in Mandalay Industrial Zone and other areas with the aid of government. This can
hole the national development by competition with products produced from others
countries and by creation of new jobs leading to reducing unemployment rate.

ACKNOWLEDGE MENTS
I wish to express my thanks to Professor Dr. Tin Win, Rector of Meiktila
University of Economics for giving me permission to carry out this thesis paper.
I also would like to thanks Dr. Tin Tin Aye, Program Director of MBA
programme. I am pleased to acknowledge my thanks and gratitude to my supervisor
Associate Professor Dr. Than Than Aye, Head of Department, Department of
Commerce, Meiktila University of Economics, for her valuable help and
encouragement during the period of preparing he thesis paper.
I thank all teachers who taught me within two-year attendance of MBA course
I also thank all members of Board of Examiners of MBA Programme, Meiktila
Institute of Economics, for their valuable guidance, ideas, and suggestions
I would like to thank everyone who contributed their time, talents and efforts
towards the completion of this paper. Especially, I have to thank my beloved family
for supporting and understanding to accomplish this MBA course.

List of Tables
Table No.

Description

Page

4.1

Entrepreneurs by Age

19

4.2

Entrepreneurs by Gender

19

4.3

Entrepreneurs by Marital Status

19

4.4

Entrepreneurs by No. of Children

20

4.5

Entrepreneurs by Education Level

20

4.6

Entrepreneurs by Prior Work

21

4.7

Reasons for Doing Business

21

4.8.

Sales Growth From 2010 to 2014

22

4.9

Employees Growth from 2010 to 2014

22

4.10 Entrepreneurial Age and Sale Growth from 2010 to 2014

23

4.11 Entrepreneurial Age and Employees Growth from 2010 to 2014

23

4.12 Entrepreneurial Marital Status and Sales Growth from 2010 to 2014

24

4.13 Entrepreneurial Marital Status and Employees Growth from 2010 to 2014

24

4.14 Entrepreneurial Prior Work and Sales Growth from 2010 to 2014

25

4.15 Entrepreneurial Prior Work and Sales Growth from 2010 to 2014

25

CONTENTS
Page
Abstract
Acknowledgements
List of Tables
Chapter 1 Introduction

1.1

Objectives of the Study

1.2

Scope of the Study

1.3

Organization of the Study

Chapter 2 Theoretical Background of Entrepreneurs

2.1

Demographical Characteristics

2.2

Business Growth

2.3

Business Growth Measures

Chapter 3 Profile of Mandalay Industrial Zone

12
15

3.1

Mandalay Industrial Zone Supervisory Committee

15

3.2

Type of Industries in Mandalay Industrial Zone

16

3.3

Investment and Production Volume of Industries in

17

Mandalay Industrial Zone

Chapter 4 Analysis on entrepreneurial Characteristics and Business Growth 18
4.1

Demographic Factors of Respondents

18

4.2

Business Growth of Respondents' firms

22

4.3

Relationship Between Demographic Factors and business

23

Growth of Entrepreneurs in Mandalay Industrial Zone

Chapter 5 Conclusion

References
Appendix

26

5.1

Finding

26

5.2

Suggestions

26