Determinants of Monza Clothing Business Development in East Binjai District

  • Alyara Oktika Ginting Universitas Pembangunan Panca Budi, Medan, Indonesia
  • Nisa Ulzannah Universitas Pembangunan Panca Budi, Medan, Indonesia
  • Diva Amanda Putri Universitas Pembangunan Panca Budi, Medan, Indonesia
  • Cintia Ardini Universitas Pembangunan Panca Budi, Medan, Indonesia
  • Jevindo Purba Universitas Pembangunan Panca Budi, Medan, Indonesia
  • Dewi Mahrani Rangkuty Universitas Pembangunan Panca Budi, Medan, Indonesia
Keywords: Business Capital, Business Development, Product Quality, Revenue, Tax

Abstract

Thrifting has emerged as a new trend among teenagers in the modern day, influencing their way of living. The lifestyles of contemporary teenagers, who are always pursuing models, and the significance of more reasonable costs are intimately related to this trend. These days, wearing attractive clothes is the best way to keep up with the newest trends and maintain your appearance, so you don't have to spend a lot of money or search for new items to stay in style. The purpose of this study is to determine how the creation of Monza clothing and what elements affect teens' and Binjai's interests. Regarding the methodology, this study combines descriptive techniques with qualitative research methodologies. The independent variable (Y) Monza clothing business development is sampled using random sampling for the following free variables: (X1) business capital; (X2) income; (X3) labor force; (X4) competitiveness; (X5) distribution; (X6) product quality; (X7) technology; and (X8) price. by the application of the Confirmatory Factor Analysis (CFA) approach. The study's findings indicate that consumers' decisions to purchase Monza clothing are influenced by a number of factors, including product quality, pricing, technology, and the company's growth. Double linear regression analysis was then used to examine the collected data. The study's conclusion is that the development of the Monza clothing business in the city of Binjai was positively and significantly impacted by the quality of the product and business capital (A typical study: binjai Timur).

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Published
2024-12-24
How to Cite
Ginting, A. O., Ulzannah, N., Putri, D. A., Ardini, C., Purba, J., & Rangkuty, D. M. (2024). Determinants of Monza Clothing Business Development in East Binjai District. ICEETE Conference Series, 2(1), 390-399. https://doi.org/10.36728/iceete.v2i1.217