FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS
The study aims to determine the factors that influenced the failure of online businesses run by Business Administration students from the class of 2017-2018, along with the most dominant element that caused the business to take a knock. The research was done using the descriptive qualitative method....
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RS Global Sp. z O.O.
2021
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oai:doaj.org-article:e74ca5c19dc24e23b1eba9902be79c102021-11-19T16:48:38ZFACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS2412-83682414-130510.31435/rsglobal_ijite/30092021/7665https://doaj.org/article/e74ca5c19dc24e23b1eba9902be79c102021-09-01T00:00:00Zhttps://rsglobal.pl/index.php/ijite/article/view/2106https://doaj.org/toc/2412-8368https://doaj.org/toc/2414-1305The study aims to determine the factors that influenced the failure of online businesses run by Business Administration students from the class of 2017-2018, along with the most dominant element that caused the business to take a knock. The research was done using the descriptive qualitative method. The data collection process was in the form of in-depth observation and interviews with 12 sources who had failed to do business online. The data analysis technique used in this study is the Miles and Huberman model. The result shows that 14 factors caused the failure of online businesses run by Business Administration students from the class of 2017-2018, which are managerial incompetence, the lack of experience and skill, financial problems, business planning, wrong target market, business transition, inability to control stock, uncontrolled growth, location, marketing management, high product cost, poor management, consistency, and time management. The most dominant ones were business planning, managerial incompetence, and lack of experience and skill.Dwi Rahmawati WardhaniMuhammad Fikry AransyahFinnah FourqoniahRS Global Sp. z O.O.articlebusinessonline businessonline business failureEconomics as a scienceHB71-74ENRUUKInternational Journal of Innovative Technologies in Economy, Iss 3(35) (2021) |
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business online business online business failure Economics as a science HB71-74 |
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business online business online business failure Economics as a science HB71-74 Dwi Rahmawati Wardhani Muhammad Fikry Aransyah Finnah Fourqoniah FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS |
description |
The study aims to determine the factors that influenced the failure of online businesses run by Business Administration students from the class of 2017-2018, along with the most dominant element that caused the business to take a knock. The research was done using the descriptive qualitative method. The data collection process was in the form of in-depth observation and interviews with 12 sources who had failed to do business online. The data analysis technique used in this study is the Miles and Huberman model. The result shows that 14 factors caused the failure of online businesses run by Business Administration students from the class of 2017-2018, which are managerial incompetence, the lack of experience and skill, financial problems, business planning, wrong target market, business transition, inability to control stock, uncontrolled growth, location, marketing management, high product cost, poor management, consistency, and time management. The most dominant ones were business planning, managerial incompetence, and lack of experience and skill. |
format |
article |
author |
Dwi Rahmawati Wardhani Muhammad Fikry Aransyah Finnah Fourqoniah |
author_facet |
Dwi Rahmawati Wardhani Muhammad Fikry Aransyah Finnah Fourqoniah |
author_sort |
Dwi Rahmawati Wardhani |
title |
FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS |
title_short |
FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS |
title_full |
FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS |
title_fullStr |
FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS |
title_full_unstemmed |
FACTORS ANALYSIS OF FAILURE IN ONLINE BUSINESS ON BUSINESS ADMINISTRATION STUDENTS |
title_sort |
factors analysis of failure in online business on business administration students |
publisher |
RS Global Sp. z O.O. |
publishDate |
2021 |
url |
https://doaj.org/article/e74ca5c19dc24e23b1eba9902be79c10 |
work_keys_str_mv |
AT dwirahmawatiwardhani factorsanalysisoffailureinonlinebusinessonbusinessadministrationstudents AT muhammadfikryaransyah factorsanalysisoffailureinonlinebusinessonbusinessadministrationstudents AT finnahfourqoniah factorsanalysisoffailureinonlinebusinessonbusinessadministrationstudents |
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1718420044311953408 |