Jurnal Kewirausahaan dan Inovasi
Vol. 2 No. 2 (2023)

REFORMULASI STRATEGI BISNIS

Mahameru, Luky Sanjaya (Unknown)
Hapsari, Raditha Dwi Vata (Unknown)



Article Info

Publish Date
27 May 2023

Abstract

JD.ED Production is a photo and video business from Malang. This research explores the reformulation of the company’s business model and strategies, aimed at identifying the current challenges faced by the company and propose a new business strategy to overcome the problems. Using analyses on the company’s internal and external environment, this research recommends measures to improve their competitiveness in the market. This study uses the Internal-External (IE) matrix; Strength, Weakness, Opportunity, and Threat (SWOT) matrix, and Quantitative Strategic Planning Matrix (QSPM). Based on the research results, this study uses QSPM as the tool of analysis to determine business strategies to be recommended. This research finds that market penetration is the appropriate strategy for JD.ED Production, by which the company is suggested to strive for bigger market share and to improve their business through expansion towards better and larger programs.

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Journal Info

Abbrev

jki

Publisher

Subject

Decision Sciences, Operations Research & Management Environmental Science Social Sciences

Description

Publish all forms of quantitative and qualitative research articles and other scientific studies related to the field of Entrepreneurship Management and ...