Jurnal Teknik Informatika C.I.T. Medicom
Vol 15 No 6 (2024): January : Intelligent Decision Support System (IDSS)

Application of ELECTRE method in business strategic planning: analysis of development, diversification, and market expansion alternatives

Setyawan, Bayu (Unknown)
Sapuguh, Iman (Unknown)
Ahlina, Nur (Unknown)
Wahyudi, Agung (Unknown)
Rosalinda, Adinda Sandra (Unknown)



Article Info

Publish Date
31 Jan 2024

Abstract

This research applies the ELECTRE Method in the analysis of PT Djarum's business strategic planning, focusing on business development, product diversification, and market expansion. Using three main criteria with assigned weights, this study evaluated five strategic alternatives. The results show that New Business Development (PBB) dominates the ranking with the highest Net Flow, signaling high conformity with the criteria and weights. Product Diversification (DP) follows as a viable alternative, while Global Market Expansion (EPG), Strategic Partnership (KS), and Regional Market Expansion (EPR) are ranked according to their respective suitability levels. These conclusions provide strong strategic guidance for PT Djarum in making informed business decisions and support the long-term growth and sustainability of the company amidst the changing dynamics of the competitive cigarette industry.

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Journal Info

Abbrev

JTI

Publisher

Subject

Computer Science & IT

Description

The Jurnal Teknik Informatika C.I.T a scientific journal of Decision support sistem , expert system and artificial inteligens which includes scholarly writings on pure research and applied research in the field of information systems and information technology as well as a review-general review of ...