Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 3 (2022): Budapest International Research and Critics Institute August

Fiheries Business Development Strategy of PT Samudera Kencana Mina Sidoarjo

Muhammad Erianto Septayadi (Unknown)
Idqan Fahmi (Unknown)
Arief Safari (Unknown)



Article Info

Publish Date
08 Aug 2022

Abstract

The performance of the Indonesian fishing industry has a significant impact on the performance of fishing companies, one of which is PT Samudera Kencana Mina. The company's revenue in the 2015-2021 period recorded fluctuating growth following the movement of global and national fishery trade. This research is intended to create a related strategy to improve the performance of PT Samudera Kencana Mina. Seeing some of the problems that exist, PT Samudera Kencana Mina needs to carry out a business development strategy during and after COVID-19 by considering conditions before the Covid-19 pandemic. The data collection techniques used were observation, FGD, interviews and questionnaires from the management of PT Samudera Kencana Mina. The data obtained will be used to analyze the IFE, EFE and IE matrix which are compared with the SWOT analysis. Both analyzes are followed by a Quantitative strategic planning matrix (QSPM) to find out what strategies are the top priorities. The results of the research using the IE matrix show that the company is in quadrant 2 with the more recommended strategy being integrative and intensive. The SWOT strategy analysis resulted in 8 alternative strategies with the priority strategy is increase production capacity.

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...