Berajah Journal
Vol. 4 No. 5 (2024): Berajah Journal

AN ANALYSIS OF BUSINESS COMPETITION AND ISLAMIC BUSINESS ETHICS: SURVIVAL STRATEGIES OF THRIFTY TRADERS IN A METRO CITY

Mujib Baidhowi, Muhammad (Unknown)
Triwibowo, Ananto (Unknown)
Agustiana, Sinta (Unknown)



Article Info

Publish Date
31 Aug 2024

Abstract

This study aims to analyze the survival strategies applied by thrifting traders in Metro City in the face of increasingly fierce business competition, as well as to evaluate the application of Islamic business ethics among these traders. The method used is descriptive qualitative, with data collection through interviews and documentation with thrifting traders in Metro City. The results showed that Raina Thrift Shop, Valents.store, and Klamby Second_id apply survival strategies in the form of divestment, reduction, and promotion through social media. In the aspect of Islamic business ethics, the overall implementation of ethics is quite good. However, some weaknesses were found Valents. store does not show responsibility for mistakes in the purchasing process, while Klamby Second_id is not fair to all consumers. In contrast, Raina Thrift Shop has implemented all the principles of Islamic business ethics well. The findings provide important insights for the development of strategies and ethics in the thrifting industry in Metro City.

Copyrights © 2024






Journal Info

Abbrev

go

Publisher

Subject

Education Languange, Linguistic, Communication & Media Library & Information Science Social Sciences

Description

BERAJAH JOURNAL menerbitkan artikel tentang pendidikan dan pembelajaran secara umum. Berisi artikel /hasil penelitian yang ditulis oleh para ahli, ilmuwan, praktisi, dan reviewer di bidang pendidikan dan pembelajaran. Beberapa cakupan Berajah Journal meliputi: Teori dan landasan pendidikan dan ...