cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota bandung,
Jawa barat
INDONESIA
Journal of Business and Management
Published by Institut Teknologi Bandung
ISSN : 22523898     EISSN : 22523308     DOI : -
Core Subject : Science,
Decision Sciences, Operations Research & Management
Journal of Business and Management (JBM)is an online journal that is published three times a year. It publishes research papers that give rigorous theoretical and practical insight of business and managament. JBM aims to provide a forum for the dissemination of theory application and research in all areas of business and management, including but are not limited to marketing, business strategy, decision science and decision-making, strategic negotiation, finance, business risk, knowledge management, human capital management, technology management, entrepreneurship, and others relevant subjects. It is intended for researchers, students, business practitioners, and entrepreneurs to publish their ideas and experiences, and share their knowledge on business and management issues.
Arjuna Subject : -
Articles 11 Documents
 1   2 
Search results for , issue "Vol 1, No 4 (2012)" : 11 Documents clear
Inventory Management of Unrepeat Production: Case Study of Pot Meets Pop Denim Abirafdi, Muhammad; Basri, Mursyid Hasan
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (146.257 KB)

Abstract

Pot Meets Pop (PMP) is a fashion company which specialist in jeans product. PMP is one the pioneer of jeans business in Indonesia. Now, PMP have more than 20 articles of product for the latest season. 70% of lineup product is a jeans product like bottoms and jackets. PMP vision is to be a business leader in Indonesia and South East Asia. To reach the goal, PMP have to increase overall performance such as production planning and marketing advertising. The methodology of this research use primary data which came from direct observation and secondary data which got from another source such as text book and internet. Direct observation already done in PMP office, story, and authorized store. All the research data would be gathered find the best solution for PMP problem. This research only use bottoms jeans product as an object to limiting the object research.Based on root causes analysis, there are four major problems; less market knowledge, advertising promotion, inventory recording, and forecast method. This study aims to solve the problem and find a solution for each problem.After processing data analysis has been done, the solution for every problem has found. The solution for 4 problems; software for inventory record, create advertising and promotion, all staff have to join the forum, and forecasting methods.After giving a solution to PMP, it needs to be implemented in PMP activity for forecasting and marketing. The solution will help PMP to improve overall performance of PMP.Keywords: Pot Meets Pop, Forecast, Fashion Industry, Business Process, Root Cause Analysis, Inventory Management.
Human Motivation in Not-for-profit Organization; case Study Kebun Seni Taman Sari Pianaung, Andre Ananta; Rudito, Bambang
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (96.15 KB)

Abstract

Motivation is connected with desire and undesirable from someone live, and those was influencing by the internal and external factors. Desire it self is an attitude that base on sincerity to doing something that compliance with believe an incentive. undesirable it self is an attitude to doing something that compliance with unbelievers about the incentive that will be achieved. Those attitude influences by internal factors like believes and external factors like influence from environment. Motivation problems that basically influencing the performance of the organization. If we look from the Human Resource point of view, an organization performance depend on the members or employees motivation. Specially for the non profit organization. Because of that aspect, human resource management will be a big discussion for merge the vision cross the members and keep their spirit for built an not-for-profit Organization that they pioneered. The purpose of this final project is to achieve some solutions for motivation problems in Kebun Seni members, and during the making process, this final project will analyze about motivation in Kebun Seni based on present theories in human resource study in order to maintain its sustainability and the commitment from the members to achieve this organization mission.Keywords— Motivation, Not-for-Profit Organization, Kebun Seni Taman Sari, Hierarchy of Needs.
Estimating Value of PT. Sentul City TBK, real Estate Sector Company-Using Four Methods valuation Mazani, Febrandy; Noveria, Ana
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (133.479 KB)

Abstract

Real Estate sector in Asia, including Indonesia, are experiencing significant progress. This is happens because of the global economic crisis in Europe and America, thus making the investors start to touch the real estate sector, especially Asia. But how big is the value of the real estate sector in Indonesia that makes the investors interested in this sector? From there the author tries to analyze a company engaged in real estate and property sector. PT Sentul City Tbk is a company engaged in the sector and has the most extensive inventory of land in Indonesia compared to other companies in the same sector. In this study, the authors will use four methods to assess the company. The method is Asset-Based Approach, Market Approach, Discounted Cash Flow, and Capitalization Rate. The author also wanted to see whether to assess a company engaged in real estate and property sector will be effective by using the methods already mentioned, especially the Discounted Cash Flow method. The conclusion of this study is that assessing a company engaged in real estate and property sector by using the Discounted Cash Flow method is less effective, especially for companies that have too many land owned.Purpose:   This  research  is  made  to  estimate  the   value   of  PT.Sentul City Tbk. and as the addition, this research also focuses to finding the recommendations that can be implemented to maximize the company value.Design/methodology/approach: The methods that used in this research were Asset Based Approach, Market Approach using P/E Ratio, Discounted Cash Flow using the Weighted Average Cost of Capital as the discount rate, and Capitalization Rate as the adjustment of Net Operating Income to find the value. This research will use the audited fianancial statements from 2007-2011.Findings: The result in this research shows that the company value at the beginning of year 2012 ranged from Rp3,766,066,940,143 - Rp17,153,451,874,388. And the current share price now which is Rp205 per August 10th 2012 is between Rp109-Rp535, which means this company still be a good choice for investors.Research limitations/implications: This research focuses on estimating the value and stock price of the PT. Sentul City Tbk. Originality/value: This paper valuing a public listed company using four method in valuing a firm, and also to know that using discounted cash flow to valuing company in company which have high inventory effective or not.Keywords: Valuation; Real Estate Sector; Asset-BasedApproach; Market Approach; Discounted Cash Flow; Capitalization RateCategory: Finance
Estimating Company Value of PT. Sarana Menara Nusantara Tbk Setianto, Aryudho Mahardi; Noveria, Ana
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (226.482 KB)

Abstract

This paper examines valuation process of PT Sarana Menara Nusantara (SMN) Tbk, a company in tower telecommunication industry. SMN currently is the market leader of its sector, and on its high growth stage. The valuation was conducted using three different methods, which are asset-based valuation, market approach, and discounted cash flow with three different scenarios, which are most likely, pessimistic, and optimistic. The result of this research will be used as suggestion to the company’s management board to increase its value and maintain its growth. Furthermore, the fair stock value per share also calculated in this study, and will be compared to the current market value of the stock, because SMN is a public listed company. The result shows that the company value for 1 January 2012 ranged from Rp 8,568,330,000,000 – Rp 22,035,565,508,695 after calculated using those three methods, and the fair stock value per share were below the current market value.Purpose: This research focuses on valuating PT Sarana Menara Nusantara (SMN). Then this research will be continued to find recommendation about strategies and actions that can be implemented by the company to maximize its company value and increase shareholder’s wealth.Design/methodology/approach: Methods that used in this research were asset-based value, Price to Earning Ratio, and mainly Discounted Cash Flow, with using weighted average cost of capital as the discount rate. Quantitative data was used and it is taken from audited financial report of the company.Findings: The result shows that the company value for 1 January 2012 ranged from Rp 8,568,330,000,000 – Rp 22,035,565,508,695 after calculated using those three methods. The fair stock value per share were below the current market value. The high market price is caused by market perception, perceiving that the company is now on a high growth stage.Research limitations/implications (if applicable): This research was conducted by collecting and analyszing the financial report of PT Sarana Menara Nusantara (SMN) in the period of 2009-2011. The research focuses on valuing the firm and estimating the value of company stock per share.Originality/value: The paper valued a public listed company, and Valuation;Kewords: Corporate Finance; Discounted Cash Flow; WACC; P/E Ratio; Asset-based value, Projection; tower industry; public listed companyCategory: Finance;
Financial Performance Assessment of PT Pelabuhan Indonesia II (Persero) in Comparison with other Port Companies Locally and Globally Okitanya, Rininta Rizkia; Soekarno, Subiakto
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (216.528 KB)

Abstract

Two-thirds of Indonesia is water. Thousands lined the island of Sabang to Merauke. As an archipelago, marine transportation plays an important role in the development of Indonesia. Supported by Indonesia's strategic location as it is situated at the crossroads of world trade routes. Therefore it required sea transportation system that is reliable and efficient. This can be achieved if the management of the navy, both shipping companies and port operator operates properly and professionally.This study focuses on the performance of the port operator, PT Pelabuhan Indonesia II, which has its head office in Jakarta. PT Indonesia II port operational areas of the company covers 10 provinces and it has three subsidiaries, affiliate one, two business units and one joint operation.The performance that discussed in this study focused on financial performance, since only a company with good financial performance that can perform the operations well too.This final will discuss the performance of PT Pe4labuhan Indonesia II and will also be compared with other companies in the same industry both locally and globally. The author will use some framework. In the end, come to the conclusion and recommendation for PT Pelabuhan Indonesia II to achieve better performance.As a conclusion, PT Pelabuhan Indonesia II almost rivaling global competition a leader in several assessment framework, with an optimal capital structure when the WACC minimized at 53% of debt and 47% of equity while the maximum of firm value of IDR 8,620,465,240,669.Keywords: Archipelago, Port, Performance, Comparison, Financial statements analysis.
Financial Feasibility Study of PT Jasa Medivest Refinancing Plan Muhammad, Ikhsan Armand; Surya, Budhi Arta
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (225.341 KB)

Abstract

Toxic Waste is always related in every single human activities, it will never separated from the human activities because toxic waste itself produce through the activities. For most of people, the main problem is in our country, most of the business empire did not have proper toxic waste management system that cause pollution. One of the toxic waste that happens to make some problem in the world is Medical waste, this type of waste is produce from every medical activity, it can happens from a giant hospital or  private practice at home as long as there are a medical activity the happen in the area.  PT. Java Medivest is one of pioneer in medical waste management business sector, it began to operate since March 2009, with operating one unit of incinerator that have a capacity of 12 ton/day. PT. Jasa Medivest established by Foreigners Capital, with 95% of the shares is held by Pantai edivest Sdn.Bhd, Malaysia and the other 5% is for PT. Jasa Sarana. Incinerator PT. Java Medivest is in Interchange Road Toll Dawuan, Dawuan Tengah, Karawang, Jawa Barat.Purpose: The objective of this research is to determine whether the Refinancing fo PT. Java Medivest is feasible or not.Design/methodology/approach: The data will be process and analyze by concluding the problem solving model based on the method of making a good feasibility study, this model is a common type of model of concluding feasibility study.Findings: Equity capital according to the Deed Decree of Shareholder No. 25 dated November 8, 2011 made before Mala Mukti, SH, LL, M, Notary in Jakarta, with the amount of Rp.448.291.000.000, 00, divided into 48.1 million shares, each share par value is Rp.9.320, 00 . The changes, issued and paid-up capital has received approval from the Investment Coordinating Board according to his letter No. 2742/A.8/2011 dated October 31, 2011. From the capital, have been issued and paid up for 25.04% or 12,043,369 shares with a total nominal value of Rp.112.244.199.080, 00 by the shareholdersWith the proposed sale of all the shares owned by Pantai Medivest Sdn Bhd, Malaysia, the PT. Jasa Sarana is the sole shareholder. But according to the provisions Act of Limited Liability Company No. 40 of 2007, later than 6 (six) months after becoming the sole owner, PT. Jasa Sarana must release ownership of shares to investors. However PT Jasa Sarana committed will remain the majority shareholderOriginality/value: As a conclusion, the NPV of this project is Rp.2.728.182.294 and the IRR is 24,47%Keywords: Feasibility-Study; NPV; IRR; Payback-Period; Refinancing, Medical WasteCategory: Finance
Distribution System Analysis of PT AGRICON in Oil Palm Plantation Sector Wijaya, Ryan Gulfa; Wandebori, Harimukti
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (89.759 KB)

Abstract

Indonesia is an agrarian nation, which means that agriculture is the main activity and job for the citizen in this nation, this fact making pesticide a common product to be used by the farmers. Agricon has been largely known as a producer of high quality pesticide products for food and horticulture crops, while the plantation market side has not been seriously handled. Currently Agricon is aiming new sector of market, palm oil plantations. In the past, mainly independent distributors handled the marketing and distribution of Agricon’s pesticide products in the plantation sector market. Agricon now wants to directly deal with plantation companies. This report will discuss about the distribution system of Agricon’s pesticide products in the plantation sector, analyzing its current system and finally making a conclusion about which is the best distribution system regarding the marketing in the oil palm plantation sector.By using direct selling and channeling strategy theory in conducting in depth interview to analyze the system. Therefore, PT. Agricon is suitable and should conduct direct selling and distribution to the big buyer but still utilize distributor as assistant and using distributor and wholesaler for medium and small buyer.Purpose:To Analyze PT. Agricon current distribution system and improving it by making the suitable distribution system.Design/methodology/approach:By analyzing current condition and distribution system of PT. Agricon as base of the research then analyzing the system suitability by using direct selling by manufacturing and channeling strategy theory. Conducting in depth interview to PT. Agricon executives as primary data and distributor and competitor as supporting data as comparison.Findings:The researcher discover that PT. Agricon is still in the state of preparing the employees; direct selling should be conducted to big buyer to avoid price war, PT. Agricon should still use distributor for assistance and in dealing with medium and small buyer because distributor can be a competitor also so they still must be used. PT. Agricon should improve their method in the agreement with distributor.Research limitations/implications:The research only to choose the best distribution system of PT. Agricon and only in the oil palm plantation sector.Practical implications:The outcome and output of this research is the suitable and probably the best distribution system of PT. Agricon in oil palm plantation sector.Originality/value:The analysis about oil palm plantation market condition and the best distribution system for local pesticide industry.Keywords-component; Pesticide, Oil Palm Plantation,CategoryDistribution Channel; Marketing
Analysis of Corporate Entrepreneurial In PT. Bank X Saputra, Muhammad Pittrawan; Rudito, Bambang
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (94.095 KB)

Abstract

One of the significant way to improve the perfomance of the company is developing corporate entrepreneurship within the employees. An Entrepreneurial mindset is needed in this growing business world. Therefore, for having a good organization performance, a company also has to have entrepreneurial leaders. The author decided to measure and analyze the corporate entrepreneurial in PT. Bank X as this company is one of the biggest bank in Indonesia that very influential to the economic performance of Indonesia.author use Entrepreneurial Orientation Survey (EOS) and Entrepreneurial Leadership Questionaire (ELQ) to measure the corporate entrepreneurial culture and leadership characteristic within directorates in PT. Bank X.[1]Purpose:this research is conducted to analyze the entrepreneurial orientation (dimensions of entrepreneurship culture) and analyze the importance of entrepreneurial leadership characteristics.Design/methodology/approach:author use Entrepreneurial Orientation Survey (EOS) and Entrepreneurial Leadership Questionaire (ELQ) to measure the corporate entrepreneurial culture and leadership characteristic inPT. Bank X within the directorates.Findings:Using those three kinds of approaches, author will find the entrepreneurhip orientation implemented by employees of the directorate. And also this research finds the leadership characteristic of directorates.Research limitations/implications: This research is focuses on orientation of the employee and the leaders’ characteristic.Originality/value:This research paper contains about measuring entrepreneurial culture of PT. Bank X where developing corporate entrepreneurial within the company is a significant way to improve the company performance.Keywords: entrepreneurship, intraprneurship, EOS, ELQ.Category: Corporate Entrepreneurship
The Practise of Brand Management on Small Culinary Enterprises, An Explorative Study Using In-Dept Interview Handari, Astrid; Iskandar, Budi Permadi
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (79.764 KB)

Abstract

Brand has been a part of almost every company, especially a big one that exists nowadays. It is a statement, an image, a message, which packed and delivered to the customer, so that they know what the company stands for. Nowadays, intense competition of a small business requires each business to be able to "fly over the crowd" that will not make them go down with the other competitors whom not able to follow the current change regarding the situation on the market.  As for one SME, in order to be able to fly over the crowd, the owner needs to know how to build and maintain the corporate brand. It is vital to be different in the crowded market so that the brand will not easily forgotten by the customer. However some of branding literature states that many SME pay little or no attention at all on Branding ( Frank, 2005) also most of branding literature were based on multi-national company. The objectives of this research is to find out how small-medium entrepreneur focusing in culinary business in Bandung City takes action on branding activity.   In order to fulfill the objectives of this research, a qualitative case study method was undertaken with 12 SME focusing in culinary industry in Bandung city. This step was taken to understand the phenomenon of small-medium-culinary entrepreneur branding activity by analyzing the clearly defined step-by-step corporate brand building activity the SME do refer to the theory of previous research about corporate brand building activity through different stages of business growth. (Mari Jununten,2010) The research approach utilized an in-dept interview with the owner or manager of the business. The findings of this study reveal new activity such as building relationship with community, managing relationships with community and customer also reputation management system using social media which never been discussed in the existing theory used in the previous research and the findings will demonstrate a condition of how far the small-medium-culinary entrepreneur takes action about branding activity. Key Words : Brand, Brand Building Activity, Brand Management, Small to Medium Enterprises, Culinary. Category: Marketing
Consumer Perception Through Healthy Drinks Packaging Design Feizal, Affan Abdul Ghaffur; Aldianto, Leo
Journal of Business and Management Vol 1, No 4 (2012)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (130.685 KB)

Abstract

Healthy living is already become concern in today’s society. According to many studies, people are also increasingly reflective in matters of health and willing to adopt health oriented changes in their eating habits. This change of habits creates a new opportunity in food and drinks industry especially for healthy drinks products. The intense competition between healthy drinks products made consumers is faced with large number of choices. It will be better for the producers to know consumers perceptions toward healthy drinks packaging design to overcome the competitions. The objective of this study is to find out on how consumer perception towards healthy drinks packaging design.In doing this research, Consumer Perceived Value (CPV) theory by Sweeney and Soutar (2000) is used. Basically there are 4 dimension of CPV; Emotional value, Social value, Quality/performance value, Price/value for money. But this research only used the third value which is the Quality/performance value because this research only covers with the consumer’s perception and consumer perceived value of the function of the products. The information processing model also used to understand how consumers build the perceptions.Men and women aged 15-40 years old who live in Bandung was taken as a respondent in this research. The selection of this range of ages is expected to get more variation in the result. By using a judgmental approach, questionnaires have been distributed between 29th July – 8th August 2012 to men and women who concern about health. Three isotonic drinks products were selected as research object. There are five element of packaging, which measured in each product by Likert scale. They are Logo, Image and Other Graphical Elements, Color, Size and Shape, and Benefits. There are also four attribute of perceived value measured; Product Quality Consistency, Product is well made, Product Has an Acceptable Standard of Quality, and the product will last for long time. Found in the analysis, Pocari Sweat successfully become a good example for healthy drinks packaging design, since it draws the highest score for each elements among the products. Pocari Sweat was success in the three level of information processing. It succeeds in implementing the same ambiance from advertisement to the product packaging. Also found that simple logo is more capable to bring the healthiness impression. Using bright color can help to emphasize the healthiness value. Besides, it also can make other important attribute can stand out. The clear visibility of the bottle became important for consumers to see the water inside the bottle.Keywords: Consumer Perception, Product Design, Perceived Value.Category: Marketing; Decision-makin

Page 1 of 2 | Total Record : 11

 1   2 

Filter by Year

2012 2012


Reset
Filter By Issues
All Issue Vol 11, No 3 (2022) Vol 11, No 2 (2022) Vol 11, No 1 (2022) Vol 10, No 3 (2021) Vol 10, No 2 (2021) Vol 10, No 1 (2021) Vol 9, No 2 (2020) Vol 9, No 1 (2020) Vol 8, No 3 (2019) Vol 8, No 2 (2019) Vol 8, No 1 (2019) Vol 7, No 3 (2018) Vol 7, No 2 (2018) Vol 7, No 1 (2018) Vol 6, No 3 (2017) Vol 6, No 2 (2017) Vol 6, No 1 (2017) Vol 5, No 6 (2016) Vol 5, No 5 (2016) Vol 5, No 4 (2016) Vol 5, No 3 (2016) Vol 5, No 2 (2016) Vol 5, No 1 (2016) Vol 4, No 10 (2015) Vol 4, No 9 (2015) Vol 4, No 8 (2015) Vol 4, No 7 (2015) Vol 4, No 6 (2015) Vol 4, No 5 (2015) Vol 4, No 4 (2015) Vol 4, No 3 (2015) Vol 4, No 2 (2015) Vol 4, No 1 (2015) Vol 3, No 8 (2014) Vol 3, No 7 (2014) Vol 3, No 6 (2014) Vol 3, No 5 (2014) Vol 3, No 4 (2014) Vol 3, No 3 (2014) Vol 3, No 2 (2014) Vol 3, No 1 (2014) Vol 2, No 4 (2013) Vol 2, No 3 (2013) Vol 2, No 2 (2013) Vol 2, No 1 (2013) Vol 1, No 5 (2012) Vol 1, No 4 (2012) Vol 1, No 3 (2012) Vol 1, No 2 (2012) Vol 1, No 1 (2012) More Issue