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Micro Financing Optimalization Strategy for MSMEs Development (Case Study at Kabupaten Bogor, Indonesia) Ana Yuliana Jasuni; Muhammad Firdaus; Bunasor Sanim
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 2 (2018): IJBE, Vol. 4 No. 2, May 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.2.161

Abstract

MSMEs have a great number of important roles in the economy of a country and should be developed and empowered. The main thing needed in the effort to boost the performance of MSME is support in terms of business funding. The impact of microfinance should be optimized through the appropriate strategies of all parties involved. Through appropriate microfinance strategies, MSMEs are expected to experience significant growth. The purpose of this research is to identify factors influencing access of micro finance and, impact of micro financing and to formulate strategy in optimizing microfinance for MSMEs in Bogor Regency. The primary data obtained from the owners of MSMEs of bag and footwear industries was were analyzed using logistic regression and rank test marked Wilcoxon. The primary data from the experts were analyzed using AHP method. The results showed that the factors that influence access to microfinance are monthly profits, total assets and savings access. Microfinance has a positive impact on almost all aspects of MSME performance. The right strategy to optimize microfinance is the CSR partnership financing program.Keywords: AHP, micro financing, MSMEs, Wilcoxon
STRATEGI PENINGKATAN ASET PT BPR SYARIAH HARTA INSAN KARIMAH (HIK) CILEDUG Fajri Ryan Isnandar; Muhammad Firdaus; Agus Maulana
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 2 No. 1 (2016): JABM Vol. 2 No. 1, Januari 2016
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.2.1.12

Abstract

The objectives of this study were 1) to analyze the conditions of the performance competition on the financial aspect of BPRS HIK Ciledug and the market leader in BPRS industry; 2) to identify the internal and external factors affecting the corporate development and strategic position of BPRS HIK Ciledug based on these factors; and 3) to formulate an accurate alternative strategy and a priority that can be recommended to the company in achieving its goals. Analysis of the evaluation of internal and external factors based on the components contained in the Shari'ah Maqashid and based on the components on The Porter's Five Forces. The analysis of the company's strategic position based on the market growth rate and relative market share on the internal strength was conducted by using BCG matrix (Boston Consulting Group), and the analysis on the alternative strategy formulation was conducted by using IE matrix (Internal-External Matrix), and the QSPM analysis served to determine the priority strategies to increase the assets of BPRS HIK Ciledug. The main weaknesses that should be handled is the lack of scoring systems of financing and the main opportunity is the great number of written requirements for obtaining the financing provided by its competitors. The prioritized strategies of SRB HIK Ciledug include: 1) product development strategy to create innovative products, 2) Market penetration strategy by changing the amount of share returns, 3) Market development strategy by opening new branches, and 4) Backward, forward and horizontal integration strategies by introducing products to various industries.Keywords:  strategies in increasing assets, sharia community financing bank, BPRS Harta Insan Karimah, QSPM
Pengembangan Strategi PT ABC Niaga di Industri Distribusi Gas Auguar Auguar; Muhammad Firdaus; Sahara Sahara
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 3 No. 3 (2017): JABM Vol. 3 No. 3, September 2017
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.3.3.373

Abstract

This study aims to analyze the development strategy of PT ABC Niaga in gas distribution industry. This study uses IFE and EFE Matrix, analysis SWOT matrix and QSPM. Prior to the analysis of the development of the strategy, first performed project feasibility analysis in the development plans of the city gas network from the aspects of company expenditure using capital budgeting. Then analyzed factors internal and external affecting business performance, SWOT analysis and formulated alternatives for the development of business strategies and their order of priority using QSPM. Analysis of internal and external factors each have a score of 2,541 and 3,261. QSPM matrix analysis shows that the strategy of "aggressive market penetration by expanding city gas area into potential region with high commercial activities" has the highest TAS value 10.943.Keywords: gas distribution industry, IFE, EFE, SWOT, QSPMAbstrak: Penelitian ini bertujuan menganalisis pengembangan strategi PT ABC Niaga di industri distribusi gas. Penelitian ini menggunakan Matriks IFE dan EFE, analisis SWOT, dan QSPM. Sebelum dilakukan analisis pengembangan strategi, terlebih dahulu dilakukan analisis kelayakan proyek dalam rencana pengembangan jaringan gas kota dari aspek pembelanjaan perusahaan dengan menggunakan metode capital budgeting. Selanjutnya dianalisis faktor-faktor internal dan eksternal yang memengaruhi kinerja bisnis dengan analisis SWOT dan dirumuskan alternatif-alternatif strategi untuk pengembangan bisnis beserta urutan prioritasnya dengan menggunakan metode QSPM. Analisis faktor internal dan eksternal masing-masing memiliki skor 2,541 dan 3,261. Analisis matriks QSPM menunjukkan bahwa strategi "penetrasi pasar secara agresif dengan memperluas area gas kota di wilayah yang potensial dengan aktivitas komersial yang tinggi" memiliki nilai TAS tertinggi 10.943.Kata kunci: industri distribusi gas, IFE, EFE, SWOT, QSPM
Rantai Nilai Pada Budidaya Kolam Ikan Air Tawar di Kota Bogor Arief Nur Rakhman; Muhammad Firdaus; Rina Oktaviani
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 3 No. 3 (2017): JABM Vol. 3 No. 3, September 2017
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.3.3.477

Abstract

This study was conducted to determine the flow of the value chain of freshwater fish pond culture in the city. Research on the value chain actors freshwater fish farming in Bogor, mapping the value chain, the production cost and the Marginal value of the value chain. Actors involved in the value chain of freshwater fish farming pond in the city of Bogor is fish farmers, collectors and traders. From the analysis of the Margin, the mediator has the greatest Margin value.Keywords: fish culture, value chain, freshwater fish, value-chain analysis (VCA)Abstrak: Penelitian ini dilakukan untuk mengetahui alur rantai nilai budidaya kolam ikan air tawar di Kota. Anlisis penelitian yang digunakan adalah analisis rantai nilai/value-chain analysis (VCA). Hasil penelitian menunjukkan secara umum pada rantai nilai budi daya ikan ini yang mendapatkan margin terbesar ada pada aktor pengepul, dimana pengepul yang mempunyai akses dan informasi dua arah, baik itu informasi pasar ataupun informasi mencari petani ikan.Kata kunci: budi daya ikan, rantai nilai, ikan air tawar, value-chain analysis (VCA)
Daya Saing Bisnis PT Pesona Daun Mas Asri Berdasarkan Aktivitas Rantai Nilai Rangga Wisanggara; Muhammad Firdaus; Rina Oktaviani
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 4 No. 1 (2018): JABM Vol. 4 No. 1, Januari 2018
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.4.1.73

Abstract

In 2015, the sales of PT Pesona Daun Mas Asri (PDMA) declined and presumably it was due to the competition in floriculture business. Value Chain Analysis can be used as an approach to assemble strategies and to understand the factors which affect the competitive advantages. This journal aims to map the market power of PT PDMA by analyzing the value chain of its product. The results show that the sales of floriculture in PT PDMA are affected by its five main products including Phillodendrom Marble, Phillodendrom Selloum, Asparagus Myriocladus, Gerbera and Celosia. The declines in the sales of PT PDMA are due to the external and internal factors. As analyzed, PT PDMA has low points in marketing and production but high points in price compared to its competitors.Keywords: floriculture, sales, value chain, PT PDMA, competitive
Pengaruh Variabel Makroekonomi Terhadap Return Indeks LQ 45 Dan Pefindo 25 Dennis Nugroho Prakoso; Muhammad Firdaus; Trias Andati
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 4 No. 3 (2018): JABM Vol. 4 No. 3, September 2018
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.4.3.387

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Investasi saham merupakan salah satu jenis investasi yang terkenal. Investor menginginkan pengembalian yang positif dari investasi yang dilakukannya, pada kenyataannya memperoleh keuntungan dalam investasi sangat sulit. Salah satu cara untuk mengurangi kerugian adalah dengan menggunakan index, pergerakan indeks yang berfluktuatif merupakan pengaruh dari faktor-faktor makroekonomi seperti BI rate, IHK, Kurs tukar Rupiah-Dollar AS, harga minyak Brent, dan Harga emas. Indeks-indeks yang sering digunakan oleh inestor adalah indeks LQ 45 dan Pefindo 25. Indeks LQ 45 yang digunakan sebagai indikator pada penelitian ini untuk menggambarkan “perilaku” saham-saham kapitalisasi besar dan indeks Pefindo 25 digunakan untuk mereprensentasikan perusahaan kecil dan menengah. Penelitian ini ditujukan untuk melihat mengaruh faktor makroekonomi pada return kedua indeks. Metode yang digunakan dalam penelitian ini adalah model Ordinary Least Square (OLS). Hasil yang diperoleh dalam penelitian ini menunjukan bahwa faktor makroekonomi BI rate, nilai tukar, harga emas, harga minyak memiliki pengaruh positif terhadap indeks LQ 45 kecuali nilai tukar yang memiliki pegaruh negatif terhadap Indeks. Indeks Pefindo 25 dipengaruhi oleh BI rate, IHK, dan harga minyak. Hasil ini menunjukan bila investor berinvestasi pada indeks LQ 45 lebih baik memperhatikan BI rate, harga emas, harga minyak, dan nilai kurs tukar sebagai dasar pengambilan keputusab investasi yang dilakukannya. Pada indeks Pefindo 25 investor sebaiknya memperhatikan BI rate, IHK dan harga minyak sebagai dasar pengambilan keputusan investasi.Kata kunci: indeks, LQ 45, makroekonomi, Pefindo 25, IHK
Pengaruh Kapitalisasi Pasar Saham dan Variabel Makroekonomi terhadap Indeks Harga Saham Gabungan di Bursa Efek Indonesia Asep Kurnia Hidayat; Muhammad Firdaus; Bunasor Sanim
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 5 No. 2 (2019): JABM Vol. 5 No. 2, Mei 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.5.2.332

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This research aimed to analyze the impact of stock market capitalization and macroeconomic variables on Indonesia Composite Index (ICI) and formulate recommendations of strategies to enhance stock market capitalization. The analysis of macroeconomic data variables covered the inflation rate, oil price, gold price, and Hang Seng Index from 2008 to 2017. The model used in this research was Error Correction Model (ECM) and Analytical Hierarchy Process (AHP). The results showed that in general, all independent variables in the long run had a positively significant impact, except for inflation which had a negatively significant impact. In short run, stock market capitalization, inflation, world oil price, and HSI had a significant impact, while gold price had an insignificant impact. Stock market capitalization and HSI had a positive impact, while inflation and world oil price had a negative impact. Error Correction Term coefficient had an impact of -0.207329 with a negatively significant direction at the significance level of 5%. It showed that the adjustment mechanism process in the long run equilibrium lasted for 5 quarters. Stock market capitalization and HSI had a positive impact, while inflation and world oil price had a negative impact. Stock market capitalization, both in short and long run, had a positively significant and more dominant impact than that of macroeconomic variables. In consequence, a strategy to enhance stock market capitalization in IDX is required. Based on the results of AHP vertical analysis, factors that become a priority in the strategy is the policy (monetary and capital markets). The recommended alternative strategy encourages the increase in large cap stock investments.Keywords: capitalization, composit indexs, macroeconomic, ECM, AHPAbstrak: Penelitian ini bertujuan menganalisis pengaruh kapitalisasi pasar saham dan variabel makroekonomi terhadap IHSG dan kemudian merumuskan rekomendasi strategi meningkatkan kapitalisasi pasar saham. Data variabel makroekonomi yang dianalisis inflasi, harga minyak, harga emas dan indeks Hang Seng dari 2008 sampai 2017. Model penelitian menggunakan Error Correction Model (ECM) dan Analytical Hierarchy Process (AHP). Hasil penelitian menunjukan bahwa secara umum seluruh variabel independen dalam jangka panjang berpengaruh positif signifikan, hanya inflasi berpengaruh negatif signifikan. Pada jangka pendek, kapitalisasi pasar saham, inflasi, harga minya dunia dan HSI berepengaruh signifikan, Sedangkan harga emas tidak berpengaruh signifikan. Kapitalisasi pasar saham dan Indeks Hang Seng berpengaruh positif. Sedangkan inflasi dan harga minyak dunia berpengaruh negative. Koefisien Error Corection Term memiliki pengaruh sebesar – 0,207329 dengan arah negative signifikan pada taraf 5%, menunjukan bahwa proses penyesuaian (Adjusment Mechanism Prosses) pada keseimbangan jangka panjang berlangsung selama 5 triwulan. Kapitalisasi pasar saham dalam jangka pendek dan panjang berpengaruh positif signifikan dan dominan daripada pengaruh variabel makroekonomi. Untuk itu diperlukan strategi meningkatkan kapitalisasi pasar saham. Berdasarkan hasil analisis vertikal AHP, faktor yang menjadi prioritas dalam strategi adalah kebijakan (pasar modal dan moneter). Alternatif strategi yang direkomendasikan mendorong peningkatan investasi saham-saham berkapitalisasi besar. Kata kunci: kapitalisasi, IHSG, makroekonomi, ECM, AHP
MODEL DISEMINASI PENERAPAN MOBILE MONEY DI MASYARAKAT PEDESAAN KABUPATEN TASIKMALAYA Edi Sukmadirana; Kudang Boro Seminar; Muhammad Firdaus; Yandra Arkeman
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 7 No. 1 (2021): JABM Vol. 7 No. 1, Januari 2021
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.7.1.145

Abstract

Tasikmalaya District is one of the West Java regions with good agribusiness potentials in food crops and ruminant livestock. The potentials must be utilized properly to have an impact on regional economic improvements. This research aimed to design a dissemination model for mobile money application in rural communities, especially in Tasikmalaya District, in three sub-districts: Singaparna, Rajapolah, and Ciawi, using a structured approach through Soft System Methodology (SSM). The model must be built in a system, through a four-layered model, with components for each layer: a) Layer-1 consists of values, infrastructure (network, smartphone, merchant), customer capabilities, & regulations; b) Layer-2 consists of institutional support (local government and related agencies); c) Feature, communities, and communication media; d) Sweetener program. In the implementation process, layer-1's readiness is a priority that must be met first, followed by layer-2, layer-3, and layer-4's readiness.Keywords: dissemination model, soft system methodology, mobile money, Tasikmalaya
WHAT MAKES INDONESIA'S SUSTAINABLE INVESTMENT BETTER THAN SHARIAH AND LIQUID? Indra Gunawan; Muhammad Firdaus; Hermanto Siregar; Mulya E. Siregar
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 7 No. 1 (2021): JABM Vol. 7 No. 1, Januari 2021
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.7.1.202

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This study aimed to compare the performance of SRI-KEHATI, lq45, and JII weekly data set from 2009 to 2020, covering 100 companies' stocks as members of the indices. Data were standardized within index weighting, followed by non-parametric methods as they were not as susceptible to outliers as the parametric tests were. The performance evaluation used both Kruskal-Wallis and Mann-Whitney U tests. The result showed that SRI- KEHATI had the largest average risk and returns, among others, supported by the fact that investors will choose stocks or indices based on financial aspects and values on ethics, religiosity, and liquidity aspects. It also showed that SRI-KEHATI is best suited for collecting financial, social, and ethical returns at the same time. We also found out from the Mann-Whitney U test that one of the reasons for SRI-KEHATI's performance was due to the major allocation to the four major banks. There was a significant difference between SRI-KEHATI and the performance of the four banks that have been the stock movers all the way, so investors could select the cherry-picking strategy focusing on those stocks instead. This study has managerial implications for investors and fund managers looking for competitive returns amongst three indices where SRI investment is favorable, targeting higher return and awareness of the higher risk and volatilities. Keywords: equity, liquid, non-parametric, sharia, sustainable responsible investment
Village Level Food Insecurity Index and Regional Clustering in Muna District, Southeast Sulawesi Province, Indonesia Ridwan Kun Satria; Muhammad Firdaus; Didit Okta Pribadi; Khursatul Munibah
Journal of Applied Geospatial Information Vol 4 No 1 (2020): Journal of Applied Geospatial Information (JAGI)
Publisher : Politeknik Negeri Batam

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (5.281 KB) | DOI: 10.30871/jagi.v4i1.1751

Abstract

Based on FSVA 2015, Muna District is classified as a food insecure area with a priority level of vulnerability 3 which means it tends to be high as well as being ranked 190 according to the distribution of food insecure areas in Indonesia. This study aims to (1) Compile food insecurity index for each village in Muna District, (2) Classify villages based on regional characteristics in Muna District. Data were analyzed using principal component analysis and cluster analysis. The results of the calculation of the food insecurity index showed there were 4 villages (2.6%) included in the food insecurity category (priority 1), 33 villages (21.7%) were classified as quite vulnerable (priority 2), 94 villages (61.8%) were included the category is quite resistant (priority 3), and 21 villages (13.8%) fall into the food security category (priority 4). Villages with food insecure status (priority 1) and moderately vulnerable (priority 2) mostly have low population welfare characteristics, a high ratio of non-working population, a high ratio of residents without clean water access, and a ratio of households with no waste facilities high bowel water. As a whole, Muna District tends to be food security, as seen from the number of villages in priority 3 and 4, which are greater than 50%.
Co-Authors ., Harianto Adwirman Adwirman Agung Hendriadi Agus Maulana Ahmad Saifi Athoillah Akhmad Fauzi Alla Asmara Aminah, Mimin Amiruddin Saleh Ana Yuliana Jasuni Anna Fatchiya Ares Gusti Nugraha Arief Hartono Arief Nur Rakhman Asep Kurnia Hidayat Auguar Auguar Baba Barus Baban Sarbana Bambang Juanda Bonar M Sinaga Bonar M. Sinaga Bunasor Sanim Dea Amanda Dede Dirgahayu Dedi Budiman Hakim Dedi Walujadi Deni Achmad Soeboer Denis Muba Pandapotan Simanihuruk Dennis Nugroho Prakoso Didit Okta Pribadi Dodik Ridho Nurrochmat Dwi W Idaman Dwi Yandhi Edi Sukmadirana Eka Rudiana Eko Purwo Santosa Ernan Rustiadi Fajri Ryan Isnandar Fuza Gelar Satya Budhi Gemanta Furi Bangun Gilang F Ramdhan Grace S Saragih Hadiwiyono Hadiwiyono Hakim Miftakhul Huda Hartono, Arif Hastuti Hastuti Hastuti Hendrio Fadly Heny Kuswanti Suwarsinah Heri Rahman Hermanto Siregar Idha Widi Arsanti Idqan Fahmi Inda Dwi Setiawati Indra Gunawan Insan Kurnia Iwan Fathi Fauzan Jan Piter Sinaga Khursatul Munibah Kudang Boro Seminar Lani Pujiastuti Leo Cahya Trias Putra Rachman Lukytawati Anggraeni M Parulian Hutagaol M. Parulian Hutagaol Muhammad Iqbal Mulya E. Siregar Naafi Fatimah Harwanti Nasrudin nFN Kuntjoro nFN Sumedi Pantjar Simatupang Purwanto, Budi Purwono Nugroho Purwono Purwono Rangga Wisanggara Ridwan Kun Satria Rika S Dewi Rina Oktaviani Rina Oktaviani Rita Yuliana Ruri Risnawati Setia Murningsih Sharah Gita Kalila Lubis Siti Nurkomariyah Sri Hartoyo Tanti Novianti Tb. Nur Ahmad Maulana Trias Andati Trias Andati Tyas D Djuanda Udi Kusdinar Wawan G Gunawani Widyastutik Yandra Arkeman Yeti Lis Purnamadewi Yusman Syaukat