Reviu Akuntansi, Keuangan, dan Sistem Informasi
Vol. 4 No. 1 (2025): REAKSI

An Analysis Of Survival Strategies During The Covid-19 Crisis Based On Michael Porter's Strategic Framework

Wilen, Shareen Virginia (Unknown)
Adib, Noval (Unknown)



Article Info

Publish Date
30 Sep 2025

Abstract

This study aims to understand how PT. Using Michael Porter's strategic framework, Bina Busana Internusa survived during the COVID-19 pandemic. The research uses a qualitative method with a case study approach, where interviews were conducted with four key people, including managers and the company's COO. The results show that PT. Bina Busana Internusa focused on a cost leadership strategy during the crisis, while differentiation was mostly ignored because production had stopped due to the pandemic. This made it hard for the company to create unique products during that time. These findings support Michael Porter's theory about survival strategies in a competitive market. The study also suggests that the company should improve its digital capabilities and, when the situation gets better, focus on product innovation and expanding its market to become competitive again. The findings revealed that cost efficiency successfully reduced the company's losses compared to initial projections, making it a strategic reference for other companies facing similar challenges in the future.

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Journal Info

Abbrev

reaksi

Publisher

Subject

Economics, Econometrics & Finance

Description

Publish all forms of quantitative and qualitative research articles as well as other scientific studies related to the fields of Accounting, Finance, and Information ...