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All Journal PENG: Jurnal Ekonomi dan Manajemen Journal of Informatics Engineering and Research
Mahda Sofiya
Syiah Kuala University
Economics, Econometrics & Finance

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Business and Economic Dynamics from a Social Science Perspective: A Conceptual Review of Entrepreneurship, Economic Systems, and the Business Environment Sanusi Sanusi; A. Razak; Nurasiah Nurasiah; Mahda Sofiya
PENG: Jurnal Ekonomi dan Manajemen Vol. 2 No. 4 (2025): Oktober-Desember, Humanities, Economic and Social Issues
Publisher : Teewan Journal Solutions

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62710/f3y0qm68

Abstract

Business and economic dynamics are crucial for understanding how a business can thrive and survive amidst environmental change. Rapid globalization, technological innovation, and shifts in consumer behavior have created new challenges and opportunities for entrepreneurs. This conceptual article aims to analyze the basic concepts of business, its functions, and the relationship between business, the economic system, and the business environment from an entrepreneurial perspective. This study employs a qualitative approach using literature review techniques, synthesizing various scientific literature sources on business and economic concepts. The findings reveal that the role of business extends beyond profit-making. Business also serves as a means of creating economic and social benefits, meeting societal needs, and adapting to changes in the dynamic economic environment. Furthermore, internal and external environmental factors significantly influence a business's sustainability and competitiveness. Effective management, innovation, and adaptability are crucial elements in facing increasingly dynamic business competition. Therefore, an understanding of business and economic dynamics is essential for entrepreneurs to formulate appropriate strategies to maintain business continuity and achieve long-term success.
The Application of Artificial Intelligence and Data Analytics in Supporting Entrepreneurial Business Decision-Making Mahda Sofiya; Pilness Pertiwi Ruby; Qifa Izzatul Azzahra
Journal of Informatics Engineering and Research Vol. 1 No. 1 (2026): January, Emerging Trends and Innovations in Informatics: Technology, Data, and
Publisher : CV. Scholar Edukasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66052/st9hbq73

Abstract

Business and economic dynamics are crucial for understanding how a business can thrive and survive amidst environmental change. Rapid globalization, technological innovation, and shifts in consumer behavior have created new challenges and opportunities for entrepreneurs. This research aims to analyze the basic concepts of business, its functions, and the relationship between business and the economic system and the business environment from an entrepreneurial perspective. This research employs qualitative methods using literature review techniques, collecting and analyzing various relevant literature sources on business and economic concepts. This study focuses on the use of Dewi Puspaningtyas Faeni's book " Becoming an Entrepreneur " as the primary reference, supported by various other scientific sources to enrich the analysis and discussion. The study's findings reveal that the role of business extends beyond profit-making. Business also serves as a means of creating economic and social benefits, meeting societal needs, and adapting to changes in the dynamic economic environment. Furthermore, internal and external environmental factors significantly influence a business's sustainability and competitiveness. Effective management, innovation, and adaptability are crucial elements in facing increasingly dynamic business competition. Therefore, an understanding of business and economic dynamics is essential for entrepreneurs to formulate appropriate strategies to maintain business continuity and achieve long-term success.
Co-Authors A. Razak Nurasiah Nurasiah Pilness Pertiwi Ruby Qifa Izzatul Azzahra Sanusi Sanusi