Jurnal Ilmu Manajemen
Vol. 20 No. 1 (2023): JUNI 2023

STRATEGY OF MICRO, SMALL AND MEDIUM ENTERPRISES IN FACING INFLATION (CASE STUDY AT WARTEG IN SEMARANG CITY)

Irhamni, Muhammad Ricza (Unknown)



Article Info

Publish Date
30 May 2024

Abstract

The purpose of this study is to identify the potential and characteristics of MSMEs in Warung Tegal and to analyze internal and external factors as a business strategy for dealing with inflation. The data was analyzed using the strengths, weaknesses, opportunities, and threats (SWOT) method. MSMEs of Warung Tegal has the same characteristics in production, marketing, human resources, finance, law, and support from related agencies. In addition, its production uses a manual process, Warung Tegal sells its products through offline stores directly with 2-10 employees. Capital is relatively low and some MSME units of Warung Tegal have legality and well-managed management. Local governments play an important role in developing MSMEs in the face of inflation. Its main strength is the local supply of raw materials and the strategic location of the business, and the main drawback is the limited labor ability due to lack of training. The main opportunity is the trend of high public demand and open business partnerships, but they also face fierce competition as the main threat. MSMEs strategies in dealing with inflation include increasing cooperation to maintain the continuity of raw materials between regions, developing MSMEs service innovations, and increasing the role of local governments.

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Journal Info

Abbrev

jim

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

urnal Ilmu Manajemen (JIM) is published by Departmen of Management, Faculty of Economics, Yogyakarta State University. It contains a theoretical or research manuscript related to 1. Management 2. Human Resource 3. Finance 4. Marketing 5. Entrepreneurship 6. Business 7. ...