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Jurnal Bisnis dan Manajemen

jbm
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Published by Universitas Padjadjaran

ISSN : 14123681 EISSN : 24424617 DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

Jurnal Bisnis dan Manajemen (JBM), with ISSN 1412 - 3681 (printed) and ISSN 2442 - 4617 (Online), is published by LMFE Faculty of Economics and Business Universitas Padjadjaran. JBM is published twice a year (every March and September).

Arjuna Subject : -

Articles 102 Documents

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EXPLORING COMPENSATION SATISFACTION TO ENHANCE MOTIVATION AND REDUCE TURNOVER INTENTION AMONG EMPLOYEE OF PRIVATE BOTTLED WATER COMPANY IN INDONESIA Arif Partono Prasetio; Elvira Azis; Grisna Anggadwita
Jurnal Bisnis Manajemen Vol 20, No 1 (2019): March 2019
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

The bottled water industry faces rapid development. This expansion increases the business competition between companies. One of important aspect to win the competition is to have the right resources. Human resources have long been known as important factor in organization. They need to have and enhance their human capital if they want to have competitive advantage which is hard to compete. Therefore, every business organization should maintain their outstanding employees. This study aims to identify the efforts of private organizations in retaining employees by analysing the role of compensation satisfaction and motivation. This study uses quantitative method with bootstrapping approach. The questionnaire was distributed to 200 employees and gets 133 usable responses with response rate of 66.5%. Using mediation analysis the study found motivation did not mediate the relation between compensation satisfaction and turnover intention. Compensation had direct effect on turnover intention which means the organization must put their thoughts on how to manage compensation program. Though better compensation could lead to higher work motivation, it turn out that motivated employee tends to search the opportunity outside the organization. Other important thing is that the human resources should start identifying why motivated employees want to leave the organization.

EMPLOYING PEOPLE WITH DISABILITIES: ARE THEY COMPETENT AND PERFORMED? Dina Sartika; Aulia Devita
Jurnal Bisnis Manajemen Vol 21, No 1 (2020): March 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

The implementation of diversity management becomes a challenge for the company, primarily to employ those with physical disabilities. There is a stereotype in Indonesian society that those people are not able to work, especially in the formal sector due to their lack of competences that results in their low performance. Unfortunately, studies regarding the effect of competency towards employee performance of employees with disabilities have been very limited. This study aims at determining the influence of competency towards the performance of employees with disabilities in Thisable Enterprise. Data was conducted through a survey of 64 employees who are blind and deaf. Furthermore, the hypothesis test was carried out using multiple linear regression analysis. The results show that employees with disabilities in Thisable Enterprise have good competencies, consisting of intellectual competence, emotional competence, and social competence. The results of self-assessment, customer assessment, and evaluations from supervisors also showed that employee with a disability was able to provide good performance. Finally, the positive influence of intellectual competencies on performance was confirmed.

FINANCIAL INNOVATION IN CONVENTIONAL BANKING IN INDONESIA Sholikha Oktavi Khalifaturofi'ah
Jurnal Bisnis Manajemen Vol 21, No 1 (2020): March 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

This study aims to examine the relationship between the level of cost efficiency and financial innovation in conventional banks in Indonesia. The data used is panel data from conventional banks during the period 2009-2017. The research method used is the multinomial logit regression method. The dependent variable used is financial innovation consisting of a dummy application of ATMs, internet banking, and mobile banking. The explanatory variables used include cost efficiency, bank size, number of branches, bank age, and ownership. The research results show that cost efficiency, bank size, number of branches, and bank age have a significant effect on financial innovation. An efficient bank, a large bank size, a small number of branches, and a young bank age have an influence on financial innovation in conventional banks by providing ATMs, internet, and mobile banking. Bank ownership has no significant effect on financial innovation in conventional banks.

TOTAL PRODUCTIVE MAINTENANCE ON THE AIRBUS PART MANUFACTURING Akbar Adhiutama; Rony Darmawan; Aldo Fadhila
Jurnal Bisnis Manajemen Vol 21, No 1 (2020): March 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

An Indonesia manufacturing company producing Airbus wing parts experienced losses of more than $100,000 in 2017. The production of A 380 wing parts contributed to 73% of the total losses, and 37% came from parts production of A 350 and A 320. The study focused on the most significant contribution losses of A 380 wing parts that is Drive Rib 1. This paper aims at examining the root cause of the loss in A 380-Program, solving the root cause by proposing the alternative solution, and improving the performance in A 380 Program. By conducting the interview and archival data, the data were analyzed employing Root Cause Analysis (RCA) to discover the root cause of problems. Low reliability of the production machine (DGAL Cincinnati Milacron) was identified as a root cause indicated by Overall Equipment Effectiveness (OEE) at 50.3% used since the 1980s. According to Total Productive Maintenance (TPM), this study proposes three alternative business solutions (autonomous maintenance, quality maintenance, and machine replacement). By considering the results of OEE and Analytical Hierarchy Process (AHP) with three criteria (cost, benefit, and implementation), the problem-solution proposes two approaches, namely conducting the autonomous maintenance with an improvement of OEE about 7% for the short term period and organizing the machine replacement with a significant OEE improvement about 17.1%.

CREATING FIRM VALUE: LINKING DEMAND UNCERTAINTY, ADAPTATION VERSUS REPLACEMENT INVESTMENTS, AND RISK Nur Khusniyah Indrawati
Jurnal Bisnis Manajemen Vol 21, No 1 (2020): March 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/jbm.v21i1.461

Real assets investment can relate to real options. This study aims at analysing the effect of demand uncertainty on replacement investment and adaptation investment supported by manager’s attitude towards risk and the effect of each investment type on firm values. The 352 observation data was collected from companies listed in Indonesia Stock Exchange. The data was analyzed using Path analysis. The research findings prove that demand uncertainty can increase the adaptation investment, which is in contrast to replacement investment. The manager’s attitude towards risk in terms of demand uncertainty and adaptation investment is considered as risk-taker, while in replacement investment is risk aversion. The effects of the two investment types also differ on firm value. The adaptation investment cannot increase the firm value, while the replacement investment can. The manager has the policy to make or not to make profitable investments to maximize investment returns based on real option policy and to decrease the risk, as the real assets investments are not passive investments. The manager’s attitude towards risk is quasi moderation, both in replacements investment and adaptation investment. It implies that manager’s attitude towards risk can be a moderator and independent variable.

EMPLOYEE JOB SATISFACTION IN MEDIATING THE RELATIONSHIP BETWEEN WORK MOTIVATION AND AFFECTIVE COMMITMENT IN ROOF TILE INDUSTRY Romat Saragih; Bachruddin Saleh Luturlean; Ferry Hadiyanto
Jurnal Bisnis Manajemen Vol 21, No 1 (2020): March 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

This study investigated the mediation of job satisfaction in the relation between work motivation and affective commitment. An affective commitment was considered as an important factor that reflects how employees attached to their organization. An employee with high affective commitment will perform better and contribute more. It is crucial for every organization to identify factors that can drive its employees to develop affective commitment. Work motivation is considered as a factor that impacts the employee's emotional commitment towards the organization. Meanwhile, job satisfaction also believed to increases such commitment. The current study used 192 workers from the five largest roof tile manufacturers in Majalengka as participants. Using a bootstrapping approach, this study found that work motivation effects directly on job satisfaction and affective commitment. Meanwhile, job satisfaction also effects directly on affective commitment. This finding showed that job satisfaction has a mediation role in connecting work motivation and affective commitment, which was also the main finding of this research. A comparison with previous studies will be discussed, and managerial suggestions will be provided to improve employee's affective commitment.

PROMOTION MIX, INDIVIDUAL INTERNAL ENVIRONMENT, AND PURCHASE DECISION MAKING IN MINIMARKET Apri Budianto; Irma Darmawati Bastaman; Ferey Herman
Jurnal Bisnis Manajemen Vol 21, No 1 (2020): March 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

This study analyzes the effect of the promotion mix and the internal environment of individuals on consumer purchasing decisions. The promotion mix has a positive relationship with purchasing decisions because consumers will be introduced to various products and influence the desire of consumers to buy these products. Meanwhile the positive relationship of an individual’s internal environment with consumer purchasing decisions will, therefore, be a consideration in making decisions. The new contribution of this study concerns the relationship between the promotion mix literature and the separate internal environment of individuals regarding consumer purchasing decisions. To test the hypothesis, we use the parametric statistical analysis method through Structural Equation Modeling. We conducted this study on the perceptions of minimarket consumers in the Priangan Timur region in Indonesia, whereas many as 400 customers were selected randomly. The results of the study show that the promotion mix and the internal environment of individuals influence consumer purchasing decisions. Other results show that the promotional mix applied by minimarkets based on consumer perceptions gets an attractive category. While the individual’s internal environment based on consumer perception becomes a consideration in making a decision.

SMES’ E-COMMERCE ADOPTION TOWARDS CONSUMER EXPERIENCE Nuryanti Taufik; Faizal Haris Eko Prabowo; Allicia Deana Santosa; Andina Eka Mandasari
Jurnal Bisnis Manajemen Vol 21, No 2 (2020): September 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/jbm.v21i2.373

This study aims to determine how the effect of e-commerce adoption on SMEs towards consumer experience in shopping online and its impact on repurchases. This research is a quantitative study with a survey method. The analytical tool used is Structural Equation Modeling. The sample size in this study is 205 respondents who have made transactions on the fashion SME e-commerce websites. The results showed that the better the adoption of e-commerce carried out by SMEs fashion, the better it is in providing a good experience for consumers, which ultimately made consumers repurchase on the website. This study provides new measurements of consumer responses in the form of experience after using SME e-commerce websites.

THE INFLUENCE OF DESTINATION ATTRIBUTES ON TOURISTS’ LENGTH OF STAY IN KEBUMEN REGENCY, CENTRAL JAVA Fajar Aditya Nugroho; Anang Sutono; Tatang Sopian
Jurnal Bisnis Manajemen Vol 22, No 1 (2021): March 2021
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/jbm.v22i1.559

UNWTO states that the record of the length of stay of tourists in most tourist destinations in the world tends to be low and decreasing. In line with this issue, Kebumen Regency is recorded to have a low tourist length of average stay duration, which is 0.54 days until the end of 2019. The tourists’ length of stay is closely related to the acceptance of the destination expenditure, and an increase in tourist stays can be a solution for Kebumen Regency which is noted to be the poorest district in Central Java. This research is intended to find the level of influence of destination attributevariables on the tourists’ length of stay variables. In describing the required attributes, used ten attributes of tourist destinations, namely infrastructure, superstructure, accessibility, activities/ events, local culture, physiography, destination management, service quality, hospitality, and place attachments. In this study, a descriptive method with a quantitative approach is used to obtain a detailed description of the actual conditions of the Kebumen destination attributes and their effect on the length of stay of tourists from the measured sub-variables. The result is found that destination attributes have a significant effect on the tourists’ length of stay in Kebumen with a coefficient of determination (magnitude of influence) of 68.8%. The attributes considered in good condition by the respondents are infrastructure, superstructure, accessibility, physiography, destination management, service quality, and hospitality attributes. On the contrary, more intense and comprehensive development is still needed on the activities/ events, local culture, and place attachments attributes.

LOCATION-BASED ADVERTISING: INTRUSIVENESS AND IRRITATION Senny Handayani Suarsa
Jurnal Bisnis Manajemen Vol 21, No 2 (2020): September 2020
Publisher : Fakultas Ekonomi dan Bisnis Universitas Padjadjaran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/jbm.v21i2.348

Location-based Advertising (LBA) is a marketing strategy using cellular devices such as smartphones to offer products to potential customers at the nearest sales or service location. Intrusiveness and irritation are disorders that appear in the LBA. The conceptual framework of the research is built on the Advertising Avoidance Theory. Data collection was carried out with a self-administered survey involving 356 Politeknik Pos Indonesia students. The results showed that Intrusiveness and Irritation had a positive and significant effect on consumer attitudes toward LBA messages. Meanwhile, Intrusiveness has a negative and significant impact on consumer purchase intention, while irritation has a positive and significant impact on purchase intention. The more positive consumer attitudes towards LBA, the more positive the consumer's intention to buy.

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