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All Journal ARBITRASE: JOURNAL OF ECONOMICS AND ACCOUNTING Journal of Trends Economics and Accounting Research
Siti Paramadita
Bina Nusantara University, Jakarta
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Industry Competitiveness Analysis Using Porter’s Five Forces: Indonesian Multi-industry Study Case Siti Paramadita; Desman Hidayat
ARBITRASE: Journal of Economics and Accounting Vol. 3 No. 2 (2022): November 2022
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/arbitrase.v3i2.465

Abstract

The COVID-19 pandemic and high competition have impacted the Indonesian economy. To survive the situation, companies need to understand their industry competitiveness. This study aims to analyze the industry factors in three different kinds of industries, namely aviation, education, and e-commerce industry. The method used in this study is a case study by explaining the industry’s background and characteristics and analyzing the industry factor by using Porter's Five Forces analysis in declining, stagnant, and improving business in the COVID-19 pandemic. Aviation, education, and e-commerce industry each represents the declining, stagnant, and improving industry in the COVID-19 pandemic situation. The result shows the different characteristics between each of the industry and how the industry forces, such as the threats of new entrants, the bargaining power of suppliers, the threat of substitutes, the bargaining power of buyers, and the rivalry among existing competitors can have different impacts on the industry competitiveness. This study gives insights on how an entrepreneur should face the competition in their industry. This study is limited to the research that is done in the pandemic situation, the number of industries researched, and the scope of the industry.
Management System Project for Textile Company using Risk Management Analysis Lorio Purnomo; Chairani Putri Pratiwi; Rizka Astari Rahmatika; Rafki Chandra Wibawa; Siti Paramadita; Desman Hidayat
Journal of Trends Economics and Accounting Research Vol 4 No 1 (2023): September 2023
Publisher : Forum Kerjasama Pendidikan Tinggi (FKPT)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jtear.v4i1.798

Abstract

As technology continues to advance across industries, the strategic role of information in organizations becomes increasingly evident. Recognizing the potential of information technology to enhance operational efficiency and customer satisfaction, various industries have integrated technology into their management systems. However, these innovations also introduce risks to the organization's information landscape. Risk management, therefore, emerges as a crucial discipline to identify, assess, and mitigate information technology-related risks. Textile companies, for instance, employ web-based management systems to support their operations, but encounter challenges hindering effective business process execution. This leads to reduced work performance and hampers goal attainment. This study aims to analyze the risks associated with web-based management systems in the textile industry and to suggest strategies for minimizing these risks. The research combines literature review and analytical methodologies to achieve its objectives. The literature review encompasses topics such as management systems, their components, and risk management. The research proposes a risk management process comprising nine stages: system characterization, identifying threats, determining vulnerabilities, analyzing controls, estimating probability, evaluating impact, assessing risk, proposing controls, and documenting results. Nevertheless, there is very little and/or scarce research on the use of technology throughout the textile industry. Thus, in order to fulfill the research emptiness within the use of information technology to increase the performance of the textile industry, this research underscores the critical role of risk management in safeguarding information technology systems within the textile industry.
Co-Authors Chairani Putri Pratiwi Desman Hidayat Lorio Purnomo Rafki Chandra Wibawa Rizka Astari Rahmatika