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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.
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Articles 10 Documents
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Search results for , issue "Vol 11, No 2 (2022)" : 10 Documents clear
Financial Performance Analysis of Company PT. Industry Jamu and Sido Muncul Tbk. In 2017-2021 Using The Financial Ratio
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract

PT. Industry Jamu and Sido Muncul, Tbk. was founded in 1951 with a simple company called Sido Muncul which means “Dreams Come True” on Jalan Mlaten Trenggalun, Semarang. Sido Muncul has several flagship products, including Tolak Angin, Tolak Linu, Kuku Bima Energi, Alang Sari Plus, Kopi Jahe Sido Muncul, Kuku Bima Kopi Ginseng, Susu Jahe, Jamu Komplit, dan Kunyit Asam. Then in 2013, Sido Muncul conducted its first IPO on the Indonesia Stock Exchange with the stock code “SIDO”. This research aims to analyze the financial performance of Sido Muncul from 2017 to 2021, using the aspect of Financial Ratio Analysis. The variables include (Current Ratio, Quick Ratio, Cash Ratio, Debt to Equity Ratio, Debt to Asset Ratio, Receivable Turnover, Inventory Turnover, Fixed Asset Turnover, Total Asset Turnover, Return on Assets, and Return on Equity). Then the results will be compared with other companies in the same industry, namely PT. Kalbe Farma, Tbk. (KLBF), PT. Kimia Farma, Tbk. (KAEF), PT. Indofarma, Tbk. (INAF), PT. Tempo Scan Pacific, Tbk. (TSPC), PT. Phapros, Tbk. (PEHA). After performing calculations using the Financial Ratio aspects, it was found that SIDO's financial performance during the 2017-2021 period was good in terms of Liquidity Ratios and Solvability Ratios, but not with Profitability Ratios and Activity Ratios because they did not meet industry ratio standards from experts.Keywords: Financial Performance, Financial Ratio, Ratio Analysis, Financial Report, Financial Ratio Analysis, Standard Ratio, PT. Industry Jamu and Sido Muncul, Tbk.
Employee Performance during Covid 19 Pandemic: MARS Model Approach
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract. Covid-19 Pandemic caused the disruption of employee behaviour. This research aims to analyze the MARS condition of BRI employee during pandemic and how it affects employee performance. MARS is a model that explains and elaborate an individual behaviour as a result of internal and external factors (McShane and Von Glinow, 2010). It consists of four factors which are motivation, ability, role perceptions, and situational factors. By using the 39 indicators to measure the correlation between MARS model and employee performance, this research gathers 135 sample of BRI employees. The result shows each condition of the variables, motivation (4.152), ability (3.788), role of perception (3.901), situational factors (3.941) and performance (3.985). All of the independent variables affect performance positively while the T-statistic value shows that the motivation (3.933), role of perception (2.459), and situational factors (2.606) affects performance significantly, but the ability (0.404) affects performance insignificantly. As an organization, BRI needs to know what drives employee performance the most during this situation based on MARS model, that is motivation. BRI could start to increasing the variables with following priorities motivation, situational factors, role of perception, and ability.Keywords: Motivation, Ability, Role of Perception, Situational Factors, Performance, Pandemic, Bank, MARS Model
Implementation of RPA in Processing Data to Increase Efficiency in Danone’s Supply Chain Department
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract

Technology development has been an inevitable phenomenon. What human can do as the user of technology is to utilize it for good reasons. For instance, implementing technology to help human deal with their limitations at work. Danone, a multinational food producing company, chose to implement a technology that helps them in processing data. The technology is RPA or Robotic Process Automation, it automates many kinds of process that happen in the department. This study compares the differences between using RPA or just process the data manually. Adding to that, this study also looks for changes that has been made in order to increase their work efficiency beside the implementation of RPA. It was found that implementing RPA to automate repetitive tasks that might drain human energy is working well. The interview respondents mentioned that RPA works exceptionally for time-saving aspect while still offering the same quality of output since they have the same accuracy with the one previously. Although, RPA as an enhancement for their overall performance was added, RPA sometimes encounter errors in its’ running process and found that it was because of the human intervention that happen. This study identifies all the changes and readjustments that happen after using RPA and looking for its’ impact. Also, the study helps the company find any necessary refinement that can increase overall performance of the department. This study also designed 3 scenarios that can be used to prevent further human intervention. Some of them are drawn in flowchart to be added in the RPA order program as a recommendation for the refinement.Keywords: Robotic Process Automation (RPA), Efficiency, Data Processing, Readjustment. 
"influence of trust as an extended factor towards cash on delivery in e-commerce company PT.jujual "
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract

In this modern era, the success of an e-commerce cannot be separated from the importance of the interest of their customer to use their application, in this case it would be their behavioral intention. An e-commerce is also demanded to always innovate whether it by creating or adopting old concepts such as a Cash On Delivery payment method. In this research the author assumes that Trust, Perceived Usefulness, and Perceived Ease of Use can have a good impact on Customer’s attitude towards using a technology that would then affect their behavioral intention towards using the technology. Therefore, to prove it, the author tries to conduct the research in PT.JUJUAL by using Technology acceptance model with an addition of Trust as an external variable and analyzing them using Path Analysis tools to find out why the customers would not accept the technology of Cash On Delivery payment method in PT.JUJUAL. The purpose of this study aims to examine the relationship between perceived Usefulness, perceived ease of use, trust, attitude and Customers intention toward using COD as a payment method. The methodology in this study uses quantitative data where the author collects primary data from several main cities where the COD campaign is active, which consist of 200 respondents. Findings show that Perceived Usefulness, Perceived Ease of Use and Attitude are jointly responsible in determining the users’ intention to use of COD payment method. Trust was found as a key factor influences users’ intention to use COD payment method. Consideration of the factors identified should lead to more successful COD adoption.(Technology Acceptance Model, Perceived Usefulness, Perceived Ease of Use, Trust, Attitude, Behavioral Intention, E-commerce. Path Analysis.) 
Role of the Digital Economy and Its Impact on Indonesia's Economic Growth
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Economic digitization brings various changes, with the digital economy at least providing many benefits, therefore, digital economic transformation should be used as an alternative solution as an engine of new economic growth. This study examines the real role of the digital economy and economic growth in Indonesia. The regression model was applied to a data panel covering four variables from 2016 to 2021. The ordinary least square model showed a better and more based estimate than the one adjusted for this study. In addition, the digital economy variable in this study has a positive impact on economic growth in Indonesia, especially during the COVID-19 pandemic. This evidence implies that the digital economy has a positive and significant impact on economic growth in Indonesia.Keywords: Economic growth, digital economy, GDP
Understanding The Effect of WFH (Work from Home) On Individual Performance of ITB Dormitory Tutor
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract. This pandemic has suddenly changed how people work and forcing everyone to adapt, the ITB Dormitory Tutor is no exception. ITB Dormitory Tutors are second-year to final year students who are responsible for fostering the character of first-year students. This organization is under Direktorat Kemahasiswaan Institut Teknologi Bandung (DITMAWA ITB) and Direktorat Sarana dan Prasarana ITB. The author found a decrease in performance of ITB Dormitory Tutors during WFH in the form of KPI achievement decreasing from 84.80% to 80.39%. The author adapts the MARS model using a quantitative approach to determine which factors causes a decrease on the individual performance of ITB Dormitory Tutors. MARS model of Individual Performance and Behavior consists of 4 variables, namely Motivation (M), Ability (A), Role Perception (RP) and Situational Factor (SF). The tool used was a questionnaire which is distributed through online to find out which indicators were approved by the ITB Dormitory Tutor. The author took 83 samples. The data were analyzed by Microsoft Excel for validity and reliability test. The results of this study indicate that the cause of the decrease in Individual Performance of ITB Dormitory Tutors during WFH is the Situational Factor (SF) and Mental Ability (A) variables.Keywords: WFH, MARS model, Individual Performance, ITB Dormitory Tutor, quantitative
The Impact of Green Marketing On Consumers’ Green Purchase Intention In Fast Fashion Industry: Case Of Uniqlo Indonesia
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract

Many fashion brands are implementing “fast fashion” strategies, resulting in negative effects to the environment where the waste pollutes and degrades the natural environment and surrounding ecosystem. Consumers in Indonesia are growing awareness regarding these environmental issues caused by the fashion industry. For countermeasure, fast fashion brands have been including green aspect into their marketing strategy. In this research, the author aims to examine how green marketing will influence the green purchase intention among consumers. This research is conducted through a qualitative approach by interviewing 7 consumers, and a quantitative approach by using online surveys to collect insights from 311 consumers of UNIQLO Indonesia who have purchased product(s) from UNIQLO Indonesia at least once within the past year. The researcher utilizes open coding to analyze the result of the interview, and uses PLS-SEM to analyze the result of the survey. The result shows that green marketing will influence consumers’ green purchase intention through partial mediation of green knowledge, green attitude, and green brand image. Therefore, green marketing is an important marketing strategy to be considered by fast fashion brands because it can encourage consumers’ purchase intention.Keywords: Green Marketing; Green Purchase Intention; UNIQLO Indonesia; PLS-SEM.
The Influence of Corporate Social Responsibility Disclosure to Financial Performance on Islamic Banking in Indonesia
Journal of Business and Management Vol 11, No 2 (2022)
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The practice of Corporate Social Responsibility (CSR) becomes a substantial matter for Islamic banking concerning their moral obligations. Hence, the practice of CSR Disclosure (CSRD) becomes notable to convince all parties that they truly conduct CSR activities. To see how efficiently a company runs its business, financial performance (FP) is prominent, especially the profitability section. This study aims to examine the influence of CSRD on financial profitability performance in Islamic banking from 2016-2020 with 10 samples Islamic banks in Indonesia. By adopting the CSRD index from a previous study which developed a comprehensive CSRD index and using multiple regression analysis on CSRD index as the independent variable, Non-Performing Financing (NPF), Capital Adequacy Ratio (CAR), and Bank Size as the control variables, also Return on Assets (ROA) as the dependent variable. This study revealed that CSRD has a positive relationship but does not significantly influence financial profitability performance. However, to increase profitability, Islamic banks in Indonesia suggested conducting CSR practices focusing on Legal, Economic, and Philanthropic dimensions. Meanwhile, the Environment and Ethical dimensions need to be adjusted to influence the profitability of a bank.Keywords: Corporate Social Responsibility, Corporate Social Responsibility Disclosure, Financial Performance, Profitability, Islamic Banking, Indonesia
Developing Business Plan For YouTube Gaming
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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This documents dives deep into the opportunity to create a business plan for YouTube gaming in Indonesia. It may serve as a stepping stone for the standardization of the YouTube Gaming business plan provides information about requirements and workflow business process for those starting as Gaming YouTubers. From this document a plan is made for the channel to reach monetization in a year of how many videos should be made and the duration of each videos. An investment of around Rp30,000,000 to build the hardware needed to start the channel, and may cost less if user already have base hardware to start with. Once the channel get its monetization, the revenue from the channel could go to around $1,000 excluding external revenue from websites outside of YouTube such as Patreon.
Financial Health Evaluation of PT Pegadaian before and during the COVID-19 Pandemic
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract. PT Pegadaian is a non-bank financial institution that has significance to the economy of the middle class and Micro, Small, and Medium Enterprises (MSMEs) through its pawn services. As part of a State-Owned Enterprises (SOEs), PT Pegadaian's performance is not only assessed by its business achievements but also through its success in helping the government empower society's economy, especially in times of crisis such as the current COVID-19 pandemic. Therefore, there should be a proper form of evaluation regarding the financial health of PT Pegadaian to ensure the company's sustainability. The government has set guidelines for assessing the financial health of SOEs through the Minister of State-Owned Enterprises Decree Number KEP-100/MBU/2002 concerning Assessment of the Health Level of State-Owned Enterprises. This paper intends to evaluate the financial health of PT Pegadaian from 2017 to 2021 based on the aforementioned guidelines as well as several complementary financial indicators to compare and analyze the financial health of PT Pegadaian before and during the COVID-19 pandemic. This paper uses descriptive quantitative methods to explain a number of findings using mathematical operations. This paper is expected to provide adequate understanding to various stakeholders regarding the financial condition of PT Pegadaian, especially about how the company is tackling the COVID-19 pandemic crisis and its ability to keep carrying out its strategic role in serving the society after the pandemic era. This paper found that even though the pandemic had no impact on the company’s health classifications, the company’s total weighted scores were severely deteriorating in the two years of the pandemic. The most contributing factor leading to the conditions was, in fact, the management's anticipatory decision to increase the allowance for impairment losses significantly, which proved to suppress the company’s net income. Thus, it is hoped that stakeholders can take the right attitude and course of action regarding the company in the future.Keywords: PT Pegadaian, COVID-19 Pandemic, Financial Health, SOE, MSME 

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