Response, Recovery and Reset of the Covid-19 Pandemic Become a Long Term Transformative Business Interest Opportunity for the Bali Community
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 09
Abstract
The sale of culture and nature which is summarized in the tourism industry so far carried out in Bali has become the main foundation of the regional economy. However, tourism exploitation is mostly focused on the sense of sight only, and not on the sense of taste which the tourism sector seeks to serve tourists based on their habits. As a result, local natural resource products, in this case, food products in Bali, have not been fully absorbed in the tourism industry. If only we can support the tourism industry by strengthening our agricultural industry, it is possible that the Balinese people will have other economic alternatives besides the tourism sector. Realizing the self-sufficiency in rice that we used to have. This study aims to collect opinions from tourism industry stakeholders in Bali in terms of alternative actions that can be taken (response and recovery) to revive the tourism industry which is the mainstay of Bali and the incorporation of the tourism industry and local food through the food supply chain (reset), especially to hotels and restaurants as new opportunities in exploiting their local potential. An opportunity to be able to revive the agricultural sector as the mainstay of the Balinese people's livelihood in this pandemic situation. The despair of the tourism community is expected to be revived by the agricultural community.
Authors and Affiliations
Gde Deny Larasdiputra, I Nyoman Sutapa
Does Firm Size and Age Strengthen the Relationship Between Ambidexterity and Financial Performance? Empirical Evidence in MSME Perspective
A firm that combines entrepreneurship is often recognized as a critical contributor to economic growth, job creation, and development, as well as an essential component of economic vitality. This study investigates the m...
Which Sector-Based Bank Lending Facilities can Contribute to Long-Term Economic Growth? : Indonesian Study
Knowing which sector credit facilities can contribute to increasing economic growth in the long term in Indonesia, is the main objective of the research. This research uses secondary data as quarterly data from 2010Q1 to...
Impact of the Covid-19 Pandemic on the Performance of Micro Enterprises in CA Mau Province, Vietnam
This study investigates how the COVID-19 pandemic has affected the business performance of microenterprises in Ca Mau province, aiming to extract valuable insights and recommendations for crisis management by enterprises...
Deciphering the Influential Role of E-Service Quality, E-WOM, and E-Payment in Shaping Customer Purchase Decisions in Tiktok Shop
This study aims to enhance our understanding of digital marketing management, particularly the impact of electronic service quality, electronic word-of-mouth, and electronic payment on customers' purchasing decisions wit...
The Debt Policy was affected by Institutional Ownership, Company Size, and Profitability at The Customer Goods Companies in Indonesia
This study aims to analyze the effect of institutional ownership, firm size and return on assets (ROA) on the policy of debt equity ratio (DER). The research method uses quantitative research methods with panel data to p...