Citation:

Dela Febrianti Tarigas, Elok Heniwati, Vitryan Espa. "Phenomenological Study: The Meaning of Profits and Determination of Profits for Street Vendors in Waterfront Pontianak" International Research Journal of Economics and Management Studies, Vol. 3, No. 7, pp. 86-90, 2024.

Abstract:

This research aims to find out, analyze and contribute to the meaning of profit and profit determination from the perspective of street vendors on the Pontianak waterfront. The research uses qualitative methods with a phenomenological approach. Data collection methods used were observation, interviews and documentation. The data analysis techniques used are data collection, data reduction, data presentation and conclusions. The research results show that there are five meanings, namely sincerity: running a business, sincerity, improving quality, difference in expenses, savings, and gratitude: the cost of living. In general, there are still a number of informants who do not know what profit is and better understand what profit means, and this is largely caused by several factors, one of which is the level of education. There are still very few MSME players who keep records, even though recording is very important for MSMEs, even though keeping records might make it easier for MSME players to know and compare the profits they earn in certain periods.

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Keywords:

Meaning of Profit, Determination of Profit, Traders.