INDONESIAN GOVERNMENT POLICY AND SMEs BUSINESS STRATEGY DURING THE COVID-19 PANDEMIC

NIAGAWAN

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Field Value
 
Title INDONESIAN GOVERNMENT POLICY AND SMEs BUSINESS STRATEGY DURING THE COVID-19 PANDEMIC
 
Creator Hidayati, Ratnaningsih
Rachman, Nadya Megawati
 
Subject COVID-19,Business, Policy, Strategy
 
Description Economic disruption by The COVID-19 pandemic has hit Indonesian economic heavily. The purpose of this study is to provide an overview of government policies and business strategies in Indonesia amid the COVID-19 pandemic. This study employed a qualitative approach with data sources of literature reviews. The results of the study indicate that the Indonesian Government has responded to the pandemic by issuing some policies regarding SMEs.  There are several policies issued regarding the Micro and SMEs business. The policy is breakdown into five schemes namely (1) Social support; (2) SMES tax incentives; (3) Credit restructuring and relaxation (4) Working capital support stimulus; and (5) Collaboration with State-owned enterprise as the  off-taker for SMES products. On the other hand, there are some SMES business strategies in adjusting amidst the Covid-19 pandemic in Indonesia. Those strategies are (1) Products innovation; (2) Customer and stakeholder relationship management;(3) Digital marketing and distribution; and (4) Strategic Agility.
 
Publisher Fakultas Ekonomi Universitas Negeri Medan
 
Contributor
 
Date 2021-03-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://jurnal.unimed.ac.id/2012/index.php/niagawan/article/view/21813
10.24114/niaga.v10i1.21813
 
Source NIAGAWAN; Vol 10, No 1 (2021): NIAGAWAN VOL 10 NO 1 MARET 2021; 1-9
2579-8014
2301-7775
10.24114/niaga.v10i1
 
Language eng
 
Relation https://jurnal.unimed.ac.id/2012/index.php/niagawan/article/view/21813/15439
 
Rights Copyright (c) 2021 NIAGAWAN
 

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