Asian Journal of Applied Business and Management (AJABM)
Vol. 2 No. 3 (2023): August 2023

Development Strategy of Halal Food Industry to Enhance Consumption Activities in the Community of Medan City

Ahmad Kurnia (Universitas Islam Negeri Sumatera Utara)
Marliyah (Universitas Islam Negeri Sumatera Utara)
Juliana Nasution (Universitas Islam Negeri Sumatera Utara)



Article Info

Publish Date
31 Aug 2023

Abstract

This study aims to discover how the primary priority strategies for the development of the Halal Food Industry can enhance consumption activities in the community of Medan City by presenting the internal and external factors that have been undertaken thus far. Additionally, the researcher highlights several urgent measures that need to be implemented to ensure a more focused development of the Halal Food Industry. The method employed is qualitative, using SWOT analysis and QSPM analysis. The questionnaire was completed by a total of five respondents, five of whom were SME practitioners in Medan City and five of whom were expert professionals. Based on the SWOT analysis results, the strategy quadrant derived after processing through the IFE and EFE matrices falls within Quadrant I. This indicates that the strategy employed is a progressive one. This strategy signifies that the Halal Food industry possesses strengths and opportunities. Moving forward to the QSPM analysis, the outcome indicates that the primary priority strategy to be undertaken is to capitalize on the Halal Product Training Program, thereby enabling the Halal Industry to tap into global markets.

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Journal Info

Abbrev

ajabm

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Asian Journal of Applied Business and Management (AJABM) is a double-blind peer-reviewed, open-access journal published by Formosa Publisher. AJABM aims to provide an international outlet for research publication and scholarship on management and business-orientated themes and topics. With ...