Main Article Content
Abstract
PT. Tanjungpinang Makmur Bersama (PT. TMB) is a Regional Owned Company in Tanjungpinang City; the company's current activities are: Running a business in the field of regional asset monitoring services in the form of leasing: stores and places of business by renting out to tenants as small entrepreneurs and traders of essential goods for the people of Tanjung City. This study aims to discover and explore the possibility of how BUMD can develop economic resources. This research focuses on identifying internal and external factors for what happened to PT. Tanjungpinang Makmur Bersama to be able to analyze the right business strategy to be implemented. The data collected in this study came from two sources: The primary data collection method was carried out by direct interviews with informants. The informants in this study are the management of PT. Tanjungpinang Makmur Bersama. Secondary data used in this research can be in the form of documents in the format of Financial Statements, Work Plans and Company Budgets, Company Business Plans. The results of the research are presented qualitatively and quantitatively in this study, while the managerial implications and suggestions are also explained in detail at the end of this study.
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References
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References
Covin, J. G., & Slevin, D. P. (1989). Strategic management of small firms in hostile and benign environments. Strategic Management Journal, 10(1), 75–87. https://doi.org/https://doi.org/10.1002/smj.4250100107
Cronin-Gilmore, J. (2012). Exploring Marketing Strategies in Small Businesses. Journal of Marketing Development and Competitiveness, 6(1), 96–107.
Dinkel, T. M., & Sánchez-Lizaso, J. L. (2020). Involving stakeholders in the evaluation of management strategies for shortfin mako (Isurus oxyrinchus) and blue shark (Prionace glauca) in the Spanish longline fisheries operating in the Atlantic Ocean. Marine Policy, 120, 104124. https://doi.org/https://doi.org/10.1016/j.marpol.2020.104124
Distanont, A., & Khongmalai, O. (2018). The role of innovation in creating a competitive advantage. Kasetsart Journal of Social Sciences. https://doi.org/https://doi.org/10.1016/j.kjss.2018.07.009
Gutiérrez-Zamora, V., & Hernández Estrada, M. (2020). Responsibilization and state territorialization: Governing socio-territorial conflicts in community forestry in Mexico. Forest Policy and Economics, 116, 102188. https://doi.org/https://doi.org/10.1016/j.forpol.2020.102188
Hairston, S. A., & Brooks, M. R. (2019). Derivative accounting and financial reporting quality: A review of the literature. Advances in Accounting, 44, 81–94. https://doi.org/https://doi.org/10.1016/j.adiac.2018.10.003
Irfan, M., Hao, Y., Panjwani, M. K., Khan, D., Chandio, A. A., & Li, H. (2020). Competitive assessment of South Asia’s wind power industry: SWOT analysis and value chain combined model. Energy Strategy Reviews, 32, 100540. https://doi.org/https://doi.org/10.1016/j.esr.2020.100540
Isensee, C., Teuteberg, F., Griese, K.-M., & Topi, C. (2020). The relationship between organizational culture, sustainability, and digitalization in SMEs: A systematic review. Journal of Cleaner Production, 275, 122944. https://doi.org/https://doi.org/10.1016/j.jclepro.2020.122944
Khan, M. A., Khan, M. A., Ahmed, M., & Khan, K. (2021). Environmental consequences of financial development in emerging and growth-leading economies: A multidimensional assessment. Borsa Istanbul Review. https://doi.org/https://doi.org/10.1016/j.bir.2021.10.003
Larsen, T. J., & Olaisen, J. (2013). Innovating strategically in information and knowledge management: Applications of organizational behavior theory. International Journal of Information Management, 33(5), 764–774. https://doi.org/https://doi.org/10.1016/j.ijinfomgt.2013.05.003
Leigh, D. (2010). SWOT Analysis. In Handbook of Improving Performance in the Workplace. https://doi.org/10.1002/9780470587102.ch5
Lorenzo-Romero, C., Andrés-Martínez, M.-E., & Mondéjar-Jiménez, J.-A. (2020). Omnichannel in the fashion industry: A qualitative analysis from a supply-side perspective. Heliyon, 6(6), e04198. https://doi.org/https://doi.org/10.1016/j.heliyon.2020.e04198
Lu, Y., & Chen, Y. (2021). Is China’s agricultural enterprise growing steadily? Evidence from listed agricultural companies. Chinese Journal of Population, Resources and Environment, 19(2), 203–212. https://doi.org/https://doi.org/10.1016/j.cjpre.2021.12.022
Mashur, R., Gunawan, B. I., Ashoer, M., Hidayat, M., Perdana, H., & Putra, K. (2019). Moving From Traditional to Society 5 . 0 : Case study by Online Transportation Business. Journal Distribution Science, 9, 93–102. https://doi.org/http://dx.doi.org/10.15722/jds.17.09.201909.93
Mora, L., Kummitha, R. K. R., & Esposito, G. (2021). Not everything is as it seems: Digital technology affordance, pandemic control, and the mediating role of sociomaterial arrangements. Government Information Quarterly, 38(4), 101599. https://doi.org/https://doi.org/10.1016/j.giq.2021.101599
Nayak, B., Bhattacharyya, S. S., & Krishnamoorthy, B. (2021). Explicating the role of emerging technologies and firm capabilities towards attainment of competitive advantage in health insurance service firms. Technological Forecasting and Social Change, 170, 120892. https://doi.org/https://doi.org/10.1016/j.techfore.2021.120892
Ndayikeza, M. A. (2021). Government expenditure and longevity of African leaders. Scientific African, 13, e00929. https://doi.org/https://doi.org/10.1016/j.sciaf.2021.e00929
Newton, S. K., Gilinsky, A., & Jordan, D. (2015). Differentiation strategies and winery financial performance: An empirical investigation. Wine Economics and Policy, 4(2), 88–97. https://doi.org/https://doi.org/10.1016/j.wep.2015.10.001
Raithatha, M., & Haldar, A. (2021). Are internal governance mechanisms efficient? The case of a developing economy. IIMB Management Review, 33(3), 191–204. https://doi.org/https://doi.org/10.1016/j.iimb.2021.08.004
Thomas, T. F. (2016). Motivating revisions of management accounting systems: An examination of organizational goals and accounting feedback. Accounting, Organizations and Society, 53, 1–16. https://doi.org/https://doi.org/10.1016/j.aos.2016.07.001
Vătavu, S. (2015). The Impact of Capital Structure on Financial Performance in Romanian Listed Companies. Procedia Economics and Finance, 32, 1314–1322. https://doi.org/https://doi.org/10.1016/S2212-5671(15)01508-7
Zebal, M., Ferdous, A., & Chambers, C. (2019). An integrated model of marketing knowledge – a tacit knowledge perspective. Journal of Research in Marketing and Entrepreneurship, 21(1), 2–18. https://doi.org/10.1108/JRME-03-2018-0018