scholarly journals A New Strategic Business Expectancy for MSME Sustainability: The Impact of Uncertainty During the COVID-19 Pandemic

2021 ◽  
Author(s):  
Adelia Shabrina Prameka ◽  
. Sudarmiatin ◽  
Rayie Tariaranie Wiraguna ◽  
Suryo Hadi Wira Prabowo ◽  
Ben Roy Do

The COVID-19 pandemic has led to a significant economic crisis. Production activities have stopped, people’s purchasing power has decreased, and the fall in the stock market has led to uncertainty. MSMEs need to maintain business continuity during a pandemic to exist after the pandemic is over. The purpose of this research was to analyze the impact of COVID-19 on MSMEs and to suggest several strategies to maintain business continuity. Qualitative research methods and a thematic analysis approach were used to examine themes and patterns. Most interview participants said they had been strongly affected by this pandemic. Several entrepreneurs assessed how the emerging needs which related to the COVID-19 business crisis could affect their business and how to take appropriate action. Keywords: Business Strategy, COVID-19 Impact, Indonesia Entrepreneurs, Small Business

2020 ◽  
Vol 5 (1) ◽  
pp. 27-47
Author(s):  
Sitti Aisyah. M Aisyah ◽  
Sappaemi

The Corona virus pandemic exploited by irresponsible elements.  They do a cunning business strategy, which is to hoard goods, in fiqhi terms known as iḥtikār. In the Islamic view, iḥtikār is a prohibited business practice and will be met with a painful punishment in the afterlife.  The purpose of this paper is to provide an understanding about the impact of COVID 19 on the practice of buying and selling (iḥtikār).  This paper uses qualitative research methods in the form of library reseach using the shar'i approach.  From this study it can be concluded that the behavior of hoarding goods with the aim of reselling them at high prices to obtain large profits.  In Islamic Shari'ah, iḥtikār‘s law is haram because it contains elements that harm others.  This is very clearly stated in QS al-Humazah/109: 1-2 and punished by sin as stipulated in the hadith of the Messenger of Allah.


2018 ◽  
Vol 7 (3.25) ◽  
pp. 106
Author(s):  
Sudrajati Ratnaningtyas ◽  
Wawan Dhewanto ◽  
Bambang Rudito ◽  
Eko Agus Prasetio ◽  
Gina Gina Karunia Kusumah

This study aims to determine whether or not the impact of business size on business model building and business performance perceived owner. This research used a quantitative-qualitative approach with Survey Method. The study was conducted in Apparel industry in Bandung City in 2017. The business model used to evaluate is Business Model Canvas (BMC). Chi-Square and Mann-Whitney U tests were used to test the differences between micro business and small business on each of BMC building blocks. The results showed that BMC building blocks between Micro Business and Small Buisness differed on two blocks, ie Channels and Revenue Streams, while the other seven blocks were not different significantly. It can be interpreted that the business model on Micro Businesses is generally slightly different with Small Businesses, or in other words the business strategy is relatively the same. However, the Business Model applied to Small Business with excellence in marketing channels and revenue streams compared to Micro Business, has resulted in a higher level of owner satisfaction on the performance of its business.  


2017 ◽  
Vol 16 (4) ◽  
pp. 336-358 ◽  
Author(s):  
Hyo-sook Kim

AbstractPrevious literature on Korea’s official development assistance (oda) has tended to focus on Korea’s national interest in providingoda, in a way that is biased toward accepting the assumption of a realist paradigm and ignoring the aspect of international cooperation observed in Korea’s aid behavior. To fill this gap in the literature, I examine the impact of the poverty reduction norm in determining Korea’s aid behavior. I adopt qualitative research methods and examine two aspects of the impact of the norm of poverty reduction in Korea’soda: the incorporation of this norm intoodapolicy and transformations in aid allocation to African countries. I also conduct an analysis at the level of the system and the unit to identify the factors that encourage Korea to sensitively respond to the poverty reduction norm. I argue that norm internalization has led Korea to increase aid to Africa.


2019 ◽  
Vol 17 (2) ◽  
pp. 269-285 ◽  
Author(s):  
Bilal Ahmed Memon ◽  
Hongxing Yao ◽  
Faheem Aslam ◽  
Rabia Tahir

Purpose – the purpose of this study is to analyse the impact of the recent economic crisis on the network topology structure of Pakistan stock market. Since stock market is considered a core financial market for the development of an economy, it is often used as benchmark to measure a country`s progress. Policymakers often forecast tendency of share prices, that is dependent on several foreign and local macroeconomic factors. Therefore, the aim of this study is to investigate how rising inflation, higher interest rates, and trade and budgetary deficits affect the network structure of blue-chip 96 companies listed on the Karachi stock exchange (KSE-100) index of Pakistan stock market. Research methodology – this study follows the methodology proposed by Mantegna and Stanley and uses cross-correlation in the daily closing price of KSE 100 Index companies to compute Minimum spanning tree (MST) structures. Additionally, we also apply time-varying topological property of average tree length to extract dynamic features of the MST networks. Findings – we construct eight monthly MSTs that show the instability of the network structure and significant differences in the topological characteristics due to economic crisis of Pakistan. Furthermore, the time-varying topological property of average tree length reveals contraction of the networks due to tight correlation among stocks. Research limitations – this study focuses on correlation-based network construction of MST. The scope of the study can be widened by constructing partial correlation-based MSTs and comparison of different networks structures accordingly. Practical implications – the network properties and findings of this paper will help policymakers and regulators in setting right policies, regulatory framework, and risk management for the stock market. Originality/Value – no previous studies have performed MST based network analysis examining macroeconomic events. Therefore, we fill the research gap and thoroughly analyse structural change and dynamics of Pakistan stock market during the turbulence of current economic crisis of Pakistan.


2018 ◽  
Author(s):  
Dwita Dharma Prastiwi ◽  
Intan Septiana Sari

Harum Manis is a bakery (bakery) located in Pringsewu, Lampung. This bakery has been established since the 1990's. This business started from a very small business, then over time and the growing innovation issued by Harum Manis Bakery makes this business growing and progressing. In addition, the thing that makes this store survive is the quality and service provided. Harum Manis always put quality in every product. So do not be surprised if this business still survive for more than 20 years. The purpose of this study is to analyze how the Harum Manis Bakery effort in maintaining the quality of its products for customer satisfaction. Based on sample determination method, the sample used is three respondents. From the results of analyzes conducted the quality of Harum Manis Bakery provided starting from the selection of materials, equipment used, cleanliness, price and taste significantly affect customer satisfaction. This study used qualitative research methods.


2020 ◽  
Vol 4 (1) ◽  
pp. 62
Author(s):  
Nevy Rusmarina Dewi ◽  
Maulana Irsyad ◽  
Mufarikhin Mufarikhin ◽  
Ahmad Maulana Feriansyah

<p>Permasalahan kemanusiaan muslim Uighur di Cina menjadi salah satu bahasan dunia internasional, yang menjadi fokus  ialah pelanggaran hak asasi manusia oleh pemerintah Cina.  Dalam rangka  menerapkan ideology komunis di Cinabanyak strategi dipakai oleh pemerintah Cina dalam mendoktrin muslim Uighur diantaranya, menyiksa, mengurung, sampai  perkawinan paksa oleh suku Cina dan suku Uighur. Tujuan utamanya  agar suku Uighur dapat membaur dengan warga Cina yang lain dan tak ada lagi perbedaan di bawah Komunis. Hal  itu yang menjadikan alasan bahwa pelanggaran hak asasi terhadap suku Uighur ini terus berlanjut, dalam tulisan ini akan membahas dinamika muslim Uighur di bawah  ideologi Cina beserta dampak  permasalahan  kemanusiaan. Penelitian ini menggunakan  metode penelitian kualitatif  dengan menggunakan studi pustaka. Hasil  penelitian menunjukkan banyak terjadi pelanggaran kemanusiaan yang dilakukan oleh pemerintah Komunis Cina terhadap muslim Uighur. Pelanggaran yang terjadi telah masuk pada kategori pelanggaran HAM, namun dunia internasional tidak dapat menjangkaunya karena bagi pemerintah Cina hal ini merupakan masalah dalam negerinya.</p><p class="Affiliasi">Kata Kunci: Pelanggaran HAM, Muslim Uighur, Komunis</p><p> </p><p><em>The humanitarian problem of Uighur Muslims in China has become one of the international discussions, the focus being on human rights violations by the Chinese government. In order to implement communist ideology in China many strategies are used by the Chinese government in doctrining Uighur Muslims including, torturing, confining, to forced marriage by Chinese and Uighur tribes. The ultimate goal is for the Uighurs to blend in with other Chinese and there is no difference under the Communists. That is what makes the reason that human rights violations against the Uighurs continue, in this paper will discuss the dynamics of Uighur Muslims under Chinese ideology and the impact of humanitarian problems. This research uses qualitative research methods using literature study. The results showed that there were many humanitarian violations committed by the Chinese Communist government against Uighur Muslims. The violations that occur have been categorized as human rights violations, but the international community cannot reach them because for the Chinese government this is a problem in their country.</em></p><p><em>Keywords: human rights violations, Uighur Muslims, Communists.</em></p>


2016 ◽  
Vol 5 (1) ◽  
pp. 63
Author(s):  
Muhammad Ngasifudin ◽  
Abdul Salam

Abstract Vision and Mission Suitability Kopwan BMT An-Nisa ‘is a good partner for a whole by using the principle of sharing (profi t sharing) because of the characteristics common to Kopwan BMT An-Nisa’ TOTAL LIABILITY such as mudaraba fi nancing, the bank mechanism Shari’ah applies to products fi nancing-products. The parties involved in this case have to do transparency and partnership are good and relaxed and able to provide a sense of peace to the members. Because all of the expenses and income with business berkitan routine. Financing is in Kopwan BMT An-Nisa ‘is constantly increasing, this study to describe bertujaun of fi nancing, the system of fi nancing and results on the impact of the fi nancing is for the welfare of members. In this case study using qualitative research methods with descriptive approach, to obtain data through observation, interviews and documentation, analysis of the data obtained, collected, processed, analyzed and then matched with the concept and application of fi nancing on Kopwan BMT An-Nisa ‘interpretation and reviewing pull back later at a conclusion and give suggestions. Keywords: mudaraba fi nancing, profi t and lose sharing, welfare (Fallah)


2018 ◽  
Author(s):  
Dwita Dharma Prastiwi ◽  
Intan Septiana Sari

Harum Manis is a bakery (bakery) located in Pringsewu, Lampung. This bakery has been established since the 1990's. This business started from a very small business, then over time and the growing innovation issued by Harum Manis Bakery makes this business growing and progressing. In addition, the thing that makes this store survive is the quality and service provided. Harum Manis always put quality in every product. So do not be surprised if this business still survive for more than 20 years. The purpose of this study is to analyze how the Harum Manis Bakery effort in maintaining the quality of its products for customer satisfaction. Based on sample determination method, the sample used is three respondents. From the results of analyzes conducted the quality of Harum Manis Bakery provided starting from the selection of materials, equipment used, cleanliness, price and taste significantly affect customer satisfaction. This study used qualitative research methods.


2020 ◽  
Vol 1 (1) ◽  
pp. 17
Author(s):  
Amirudin Amirudin

Society is a collection of individuals who are always in motion or are always changing. Changes have different measures or sizes, some are experiencing a change that is relatively fast (evolutionary, there are also moderate and slow changes. Both planned and incidental changes. As with change or currently progressive and massive changes. as the impact of modernization is also felt by the people of Parapatan Village, Sumberjaya, Majalengka, especially Dandang craftsmen, where as the impact of modernization and industrialization, the community prefers practical things rather than using dandang, which has to go through a fairly long production process. This research uses a qualitative method. According to Lexy J. Moleong (2005: 6), qualitative research methods are research that aims to understand the phenomena experienced by research subjects, such as behavior, perceptions, motivation, actions, etc. in a holistic manner, and presented in a descriptive way in the form of narrative and language, in a context special nature and by making use of various natural methods. The results showed that Dandang Craftsmen in Parapatan Village, Sumberjaya District, Majalengka Regency already have consumers who always order their products or commonly called collectors and then market them again to customers who have been loyal subscribers, so that their existence and sustainability are not affected by modernization. that occurs in the community of Parapatan Village, Sumberjaya District, Majalengka Regency. Dandang craftsmen in Parapatan Village, Sumberjaya District, Majalengka Regency are advised to be more creative and innovative in facing modernization that occurs in society due to increasingly sophisticated and practical technological developments and to pay more attention to quality and maintain distinctive characteristics. or the value of “Dandang” Local Products also takes into account in terms of the heir or successor of Dandang Craftsmen for the sake of the existence and sustainability of Dandang Craftsmen in the future. Abstrak Masyarakat merupakan kumpulan individu yang selalu bergerak atau selalu mengalami perubahan. Perubahan itu mempunyai takaran atau ukuran yang berbeda-beda, ada yang mengalami suatu perubahan yang relatif cepat (evolutif, ada juga perubahan yang sedang dan lambat. Baik perubanahn yang terencana maupun yan insidental. Sepertihalnya dengan perubahan atau saat ini yang progressif dan massive. Perubahan sebagai dampak modernisasi ini juga dirasakan oleh masyarakat Desa Parapatan, Sumberjaya, Majalengka, khususnya pengrajin dandang, dimana sebagai dampak modernisasi dan industrilalisai tersebut masyarakat lebih memilih hal yang praktis dibanding menggunakan dandang yang harus melewati proses produksi yang lumayan panjang. Penelitian ini menggunakan metode kualitaif. Menurut Lexy J. Moleong (2005:6), metode penelitian kualitatif merupakan riset yang bertujuan untuk memahami fenomena yang dialami oleh subjek penelitian. Misalnya perilaku, persepsi, motivasi, tindakan, dan lain-lain secara holistic, dan disajikan dengan cara deskriptif dalam bentuk narasi dan bahasa, pada suatu konteks khusus yang alamiah dan dengan memanfaatkan berbagai metode alamiah. Hasil penelitian menunjukkan Pengrajin Dandang yang ada di Desa Parapatan Kecamatan Sumberjaya Kabupaten Majalengka sudah memiliki konsumen yang selalu memesan produk-produk mereka atau biasa disebut pengepul kemudian memasarkannya lagi ke pelanggan yang sudah berlangganan setia dari dulu, sehingga eksistensi dan keberlangsungan mereka tidak terpengaruh karena adanya modernisasi yang terjadi di masyarakat Desa Parapatan Kecamatan Sumberjaya Kabupaten Majalengka.Pengrajin Dandang di Desa Parapatan Kecamatan Sumberjaya Kabupaten Majalengka disarankan untuk lebih kreatif dan inovatif dalam menghadapi modernisasi yang terjadi di masyarakat akibat perkembangan teknologi yang semakin canggih dan praktis serta untuk lebih memperhatikan kualitas dan menjaga ciri khas atau nilai dari Produk Lokal “Dandang” juga  memperhatikan dalam segi pewaris atau penerus Pengrajin Dandang demi eksistensi dan keberlangsungan Pengrajin Dandang di masa yang akan datang.


Author(s):  
Hezi Shayb ◽  
Radu Muşetescu

AbstractDrawing from a body of strategic management literature, we explore the approaches proposed by theory and available to business decision makers during crisis. We argue that there is no real theory of success of management during crisis but only broad principles that should be followed. In a certain sense, experience and intuition – what could be called soft skills – are as important as hardcore economics. Moreover, the metrics of measuring crisis and the impact of decisions during such circumstances are to be further explored and divided in a comprehensive taxonomy. Despite its popular use, crisis management is at the start of its development. The authors advance both an approach as well as a tool for supporting decisions during business crisis.


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