Abstract:
The coffee processing business in Thailand is one of the country's important
industries. This research aimed to study strategic management of the coffee processing business towards sustainable growth. The purpose of this research was to study strategic management of the coffee processing business towards sustainable growth into a structural equation model by using mixed-methodology research. Qualitative research by in-depth interview from 9 experts and focus group with 11 successful businesspersons for approve this model. The quantitative data gather from management level in the 500 of manufacturing sector by using questionnaire, using statistical tests of descriptive analysis, inferential analysis, and multivariate analysis.
It was found that strategic management of the coffee processing business towards
sustainable growth were of dimensions arranged in the order of importance as follows : 1) Product (X̅ = 4.49) The most important items is taste management to have continuous quality, 2) Business's Competition (X̅ = 4.49) The most import item is promotion for advertising via social media, 3) Business Alliance (X̅ = 4.48) The most important item is the government should provide benefits to help reduce the cost burden of entrepreneurs, and 4) Innovation and Technology (X̅ = 4.44) The most important item is development support that allows coffee processed products to be stored longer.
The hypothesis test showed that size of industrial business similarly placed an importance on strategic management of the coffee processing business towards sustainable growth.
The analysis of the developed structural equation model that it passed the
assessment criteria and was consistent with the empirical data. The calculated values of probability of chi-square, the relative chi-square, the index of consistency, and the root mean squared error of approximation were 0.079, 1.143, 0.960, and 0.017, respectively.