The Impact of Perfect Competition Market Structure on Firm Performance in the Coffee Culinary Industry

Johnny Chandra; Farah Fitria Ramadhani; Rahmat Dinul Paqi; Muh. Rafli Ramadhan

doi:10.61255/jeemba.v2i3.373

Authors

Johnny Chandra Sekolah Tinggi Ilmu Ekonomi Eka Prasetya, Indonesia
Farah Fitria Ramadhani Universitas Negeri Makassar, Indonesia
Rahmat Dinul Paqi Universitas Negeri Makassar, Indonesia
Muh. Rafli Ramadhan Universitas Negeri Makassar, Indonesia

DOI:

https://doi.org/10.61255/jeemba.v2i3.373

Keywords:

perfect competition, market structure, firm performance, culinary industry

Abstract

This study examines the influence of perfect competition market structure on firm performance within the coffee culinary industry. A qualitative approach was employed, utilizing data collection methods such as surveys, interviews, observations, and documentation involving key stakeholders in the culinary business. The findings reveal that the coffee industry in Makassar, specifically exemplified by Kopi Break, operates within a perfect competition market structure. In the short run, market equilibrium is demonstrated by the balance between supply and demand at Kopi Break. The study highlights that one effective method for analyzing short-term market equilibrium involves assessing the impact of shifts in the supply curve on market balance. Additionally, it was found that the market structure in the culinary industry is heavily influenced by the behavior and strategic decisions of firms. This research provides valuable insights into how perfect competition conditions affect business performance and decision-making within the coffee culinary industry, emphasizing the importance of firm behavior in maintaining market equilibrium.

Abstract views: 1118 ,

PDF downloads: 617

Downloads

Download data is not yet available.

References

Ahmad, M. I. S., Idrus, M. I., Rijal, S., Satiadharma, M., & K., D. M. (2023). Peran Inovasi dalam Keberhasilan Kewirausahaan: Studi Kasus tentang Startup Berkembang Pesat di Industri Teknologi. Jurnal Ekonomi Dan Kewirausahaan West Science, 1(03), 153–162. https://doi.org/10.58812/jekws.v1i03.506

Bahwita, U. S. (2022). Potensi Start Up Wirausaha Muda Ekonomi Kreatif Subsektor Kuliner Di Masa Pandemi Covid-19 Di Kota Banda Aceh Ditinjau Dari Perspektif Ekonomi Islam (Studi pada Urban Teahouse Lampineung Banda Aceh). 8.5.2017, 2003–2005.

Choi, Y. G., Ok, C. M., & Hyun, S. S. (2017). Relationships between brand experiences, personality traits, prestige, relationship quality, and loyalty: An empirical analysis of coffeehouse brands. International Journal of Contemporary Hospitality Management, 29(4), 1185-1202.

Hallak, R., Assaker, G., O’Connor, P., & Lee, C. (2018). Firm performance in the upscale restaurant sector: The effects of resilience, creative self-efficacy, innovation and industry experience. Journal of Retailing and Consumer Services, 40, 229-240.

Hilton, B., Hajihashemi, B., Henderson, C. M., & Palmatier, R. W. (2020). Customer success management: The next evolution in customer management practice?. Industrial marketing management, 90, 360-369.

Isma, A., & Alisyahbana, A. N. Q. A. (2023). From Kitchen to Digital World: E-Business Implementation Strategies in the Culinary Sector Household Industry. Indonesian Journal of Business and Entrepreneurship Research, 1(3), 147-155.

Jansen, A. J., White, L. A., Dhuey, E., Foster, D., & Perlman, M. (2019). Training and skills development policy options for the changing world of work. Canadian Public Policy, 45(4), 460-482.

Lee, J. Y., Sridhar, S., Henderson, C. M., & Palmatier, R. W. (2015). Effect of customer-centric structure on long-term financial performance. Marketing Science, 34(2), 250-268.

Naufal, R. (2020). Struktur Pasar Persaingan Sempurna. Fakultas Sains Dan Teknologi Universitas Muhammdiyah Sidoarjo, 1–16.

Ningrum, L. D., Yafiz, M., & Harahap, M. I. (2024). Leveraging Blue Ocean Strategy: Cutting-Edge Approaches to Cafe Management Development. ISLAMICONOMIC: Jurnal Ekonomi Islam, 15(2).

Proença, J. F., Torres, A. C., Marta, B., Silva, D. S., Fuly, G., & Pinto, H. L. (2022). Sustainability in the coffee supply chain and purchasing policies: A case study research. Sustainability, 14(1), 459.

Rakib, M. (2024). Impact of Digital Literacy, Business Innovation, Competitive Advantage on the Existence of SMEs: A quantitative study in Makassar City, Indonesia. Quality-Access to Success, 25(198), 277-283.

Rubery, J., Keizer, A., & Grimshaw, D. (2016). Flexibility bites back: the multiple and hidden costs of flexible employment policies. Human Resource Management Journal, 26(3), 235-251.

Suchánek, P., & Králová, M. (2019). Customer satisfaction, loyalty, knowledge and competitiveness in the food industry. Economic research-Ekonomska istraživanja, 32(1), 1237-1255.

Suni, M., Taufik, M., & Isma, A. (2024). Collaborative Governance in Creative Economy Development: Role and Influence of Stakeholders in Parepare City. In Social, Humanities, and Educational Studies (SHES): Conference Series (Vol. 7, No. 3).

Thufail, A. A., Ihsan, & Mujahid, L. M. A. (2022). Analisis Karakteristik Lokasi Warung Kopi di Kota Makassar. Jurnal WKM, 10(2), 170–176.

Triani, N., & Tarmidi, D. (2019). Firm value: impact of investment decisions, funding decisions and dividend policies. International Journal of Academic Research in Accounting, Finance and Management Sciences, 9(2), 158-163.

Utami, E. Y., Asfo, N. S., Kurniawan, R., & Isma, A. (2023). Contribution of Marketing Mix and its Impact on Purchasing Decisions of Siantano Furniture Products. Fundamental and Applied Management Journal, 1(2), 48-60.