TRADITIONAL HERBAL PROCESSING BUSINESS DEVELOPMENT STRATEGY IN GERANTING - BATAM CITY

Authors

  • Kamaruzaman STAIN Sultan Abdurrahman Kepulauan Riau
  • Lusy Andaristi STAIN Sultan Abdurrahman Kepulauan Riau

DOI:

https://doi.org/10.33884/jimupb.v12i1.8258

Keywords:

Strategy, Development, SWOT, Herbs

Abstract

Traditional herbal businesses have prospects for growth, but are still not able to because of limitations. The aim of this research is to analyze internal and exter-nal environmental factors as well as to formulate a strategy for developing a traditional herbal processing  business in Geranting, Batam with a SWOT analysis. The results of the strategy formulation with SWOT analysis are obtained by optimally capturing opportunities by empowering the re-sources/strengths they have, such as increasing production, capital, technology, licensing and services. Covering weaknesses by building cooperation in terms of machinery, management, products, infrastructure and transportation. Overcom-ing obstacles with strengths such as increasing promotions, sales, purchasing contracts, information on herbal properties, prioritizing support needs. Strate-gies to survive in weak conditions and many obstacles, namely by joining technology, holding on to existing advantages, following other management, reducing infrastructure, setting agendas for the city.

Author Biography

  • Lusy Andaristi, STAIN Sultan Abdurrahman Kepulauan Riau

    Program Studi Manajemen Bisnis Syariah

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Published

2024-01-22