Competitive Strategies of Trade Sector SMEs in Buleleng District
- DOI
- 10.2991/aebmr.k.211124.053How to use a DOI?
- Keywords
- Competitive Advantage; Food Industry; SMEs; SWOT
- Abstract
This study aims to (1) analyze internal and external conditions that exist in the trade sector, especially SMEs in the food industry sector in Singaraja City, (2) analyze the SWOT of the food industry sector SMEs in Singaraja City and (3) examine the business development strategy that SMEs in the food industry sector in Singaraja, Indonesia, should implement. City. This type of research is descriptive qualitative research. The subject of this research is Small and Medium Enterprises (SMEs) in Singaraja City and its surroundings, while the object is the competitive advantage strategy applied by each SMEs so that the business can develop and advance. The data analysis process was carried out in three stages. The first stage is data collection or input stage using the Internal Factor Evaluation (IFE) and External Factor Evaluation (EFE) matrices. The second stage is the matching stage using the Internal - External (IE) matrix and the SWOT matrix. The third stage is a decision making or decision stage using QSPM. The results of this study indicate: (1) The Internal External Matrix shows that the food industry MSMEs are located in quadrant V, namely at point (2.55; 2.85) which means that they have a stability / growth strategy in order to be able to develop themselves in the future. (2). The results of the SWOT analysis of the food industry for MSMEs in Singaraja City are that the strengths and opportunities that MSMEs have when empowered together will be able to increase their business.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Made Amanda Dewanti AU - Ni Made Dwi Ariani Mayasari AU - I Nengah Suarmanayasa AU - Ni Nyoman Yulianthini PY - 2021 DA - 2021/11/25 TI - Competitive Strategies of Trade Sector SMEs in Buleleng District BT - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021) PB - Atlantis Press SP - 370 EP - 376 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.211124.053 DO - 10.2991/aebmr.k.211124.053 ID - Dewanti2021 ER -