International Journal of Economics Development Research (IJEDR)
Vol. 5 No. 5 (2024): International Journal of Economics Development Research (IJEDR)

Strategies To Improve Business Performance In The Face Of Strong Competition

Shofwani, Siti Aniqoh (Unknown)
Misidawati, Dwi Novaria (Unknown)
Turyandi, Itto (Unknown)
Arwin, Arwin (Unknown)
Ansari, Ansari (Unknown)



Article Info

Publish Date
03 Dec 2024

Abstract

Jakarta Cosmetics Store is one of the stores engaged in the sale of various cosmetic products and various skincare products. The number of competitors in the cosmetics sector, such as Jakarta Cosmetics Store, requires the right marketing strategy to be able to face the competition in the cosmetics market. The purpose of the study was to determine the strategy implemented by the company to improve its business performance. The research informants numbered 8 people. The method used in this study was the descriptive method. The use of the descriptive method is to determine the application of SWOT analysis in determining strategies to improve its business performance. The results of the study indicate that Jakarta Cosmetics Store must take advantage of opportunities as much as possible, by using an aggressive strategy to be able to attack the market and can widen the gap in competition.

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Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...