Analysis of Production Costs and Business Efficiency of Processed Agro-Industrial Products of Milkfish in Woha District, Bima Regency
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 08
Abstract
The purpose of this study is to analyze the production and production costs of the efficiency of agroindustry business processed by MSME milkfish in Woha district, Bima regency, West Nusa Tenggara Province -Indonesia. The research method used was descriptive qualitative and quantitative with respondents of the milkfish processed MSME business as many as 10 business units selected using the purposive sampling method. The results of the research from data processing and data analysis showed that the business of processing milkfish into grilled fish food that is ready to be consumed has greater income when compared to farmers who cultivate milkfish who sell milkfish products directly without processing, besides that the average level of business efficiency is above one (>1), this means that from a business analyst perspective, the MSME business of processed milkfish agroindustry is economically profitable and feasible to work on means that the agro-industry of processing milkfish into grilled milkfish between the selling price of the product and the costs of the production process is said to be efficient. To further improve the milkfish processing agro-industry business, milkfish cultivation farmers should be able to process themselves into ready-to-eat processed foods in the form of grilled milkfish, presto milkfish and so on that can provide added value to production.
Authors and Affiliations
Muaidy Yasin, Suprianto
Keywords
Related Articles
- EP ID EP709311
- DOI 10.47191/jefms/v5-i8-26
- Views 82
- Downloads 0
SMM as a Tool to Promote Products and Services in the Modern Economy through the Internet
This article discusses the concept of SMM as a tool for promotion and marketing of goods and services in the economy to the market. It also highlighted the main advantages and disadvantages of SMM - promotion. Described...
Can Global Trade Of Medical Supplies Solve The Covid-19 Puzzle?
The main aim of this study to determine the explanatory variables of the Chinese exports of COVID-19 medical supplies to its 89 major trading partners in the first half of the year 2020. In addition, it explores the puz...
The Influence of Tax Policies on Investment Decisions and Business Development of Micro, Small, and Medium-Sized Enterprises (MSMEs) and its Implications for Economic Growth in Indonesia
This study investigates the relationship between tax policies, investment decisions, business growth, and economic growth in Micro, Small, and Medium-Sized Enterprises (MSMEs). The purpose is to examine the influence of...
The Influence of Marketing Mix Strategies for Savings Plus (BNI Taplus) Products on the Level of Customer Satisfaction at Pt. Bank Negara Indonesia (Persero) Tbk Supporting Branch Office (KCP) Wisma Bumiputera Jakarta
Mix marketing is something that can carried out by the company for influence request will its products consist of on four groups, namely: product, price, promotion and place or channel distribution. Research purposes Thi...
Responsiveness of Internal Audit Services in the Local Government Units of Capiz towards Good Governance
Over the years, internal auditing had been recognized as an important tool of government financial management in enhancing transparency and accountability, effectiveness and efficiency of government operations. The study...