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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 793 Documents
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Financial Performance Analysis Related to National Fertilizer Company Mukti, Turas Hari; Damayanti, Sylviana Maya
Journal of Business and Management Vol 4, No 5 (2015)
Publisher : Journal of Business and Management

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Abstract

The increasing number in population means higher demand for food. Threats in agricultural production such as pests, loss of soil fertility and lack of nutrients may result in low percentage of plants to harvest. If these problems are not addressed, there would not be enough crops which compose a big fraction of our food supply to sustain the needs of the people. Hence, the importance of using fertilizers rises. Fertilizers are substances containing chemical elements such as mixture of nitrates that improves the growth of plants. Based on Fertilizer Outlook 2010 -2015 from Fertilizer Industry Association (IFA), production of cereals and oilseeds is projected to expand steadily from 2010 until 2015, with higher growth rates for soybean and maize vs. wheat and rice. Yield improvements would dominate the outlook. Some area expansion is seen in countries with abundant land and water resources, such as Brazil, Indonesia and Russia. 
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

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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
Developing Formula to Calculate Compensation for Overseas Employee Auzini, Dea Monica
Journal of Business and Management Vol 1, No 1 (2012)
Publisher : Journal of Business and Management

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Abstract

Human Resource Management is one important thing to be considered in an organization, especially when related to the Remuneration System or Employee’s Compensation System. Because the compensation system is directly related to employee’s performance and employee’s satisfaction that will impact the increasing or decreasing of the company's performance. As the company prepared to become a world-class company, PT X has conducted many partnership activities with foreign company. But, there are several problems that arise related to the employees who are assigned outside the country. One them is about the compensation system and the amount of salary that the employee received. Some employees who are assigned to work abroad felt dissatisfied with the compensation system and the salary they receive from the partnership company. However, complaints from the employees cannot be handled by company because of the absence of salary calculation formula or calculation system for employees working abroad. In order to solve that problem, the company needs a formula or a salary calculation system to determining salaries for employees who are assigned overseas company. The calculation system should consider the risks such as cost of living allowance, hardship allowance, transportation allowances, housing allowances, and educational assistance that will be faced by the employees and compensate those risks. This salary calculation system is expected to be a reference for companies to calculate the minimum salary received by an employee. Keywords : salary, overseas employee, compensation system, compensation formula, overseas employee compensation
Designing Organizational Change in Solving Employee Resign Problem in the Middle of Project At ZYX Company in Jakarta Pratiwi, Widdya; Hendarman, Achmad Fajar
Journal of Business and Management Vol 8, No 1 (2019)
Publisher : Journal of Business and Management

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Abstract

Abstract. The competition among the construction companies will have intense competition. The company should develop its own competitive advantages so the client will be satisfied with the work of the company. Human resources are quite important in construction companies. In this case, a family construction named PT. ZYX has only realized how important it is to manage human resources properly so that their business can continue to run as it should. The company knows that they have shortcomings in managing their human resources. The problem that PT. ZYX  face the situation of their employees in the field who resign in the middle of the project. It will affect the project as a whole. If it continues, then it will damage the image of the company. This research conducted to address the existing problems by implementing organizational change within the company. This research uses semi-structured interviews and non-participant observation. this research produced several issues, there are employee resign, an organizational structure that is not implemented and company changes. In addition, there are other findings from the results of interviews, there is the nepotism that happens in the company, employee loyalty to the company and the problem of official contracts between the company and employees. From the result of the issues, it can be concluded that the main source of the issue is the organizational structure. The company does not implement the organizational structure and the company does not have any specific division to take care of their human resource. The company only has a Personnel Division to take care of the employees' administration. The company needs a Human Resource Division to take care of all the human resource of the company. This Human Resource Division will manage human resource well and solve the existing problem that relates to the employees. In this research, the researcher uses Lewin's Change Model to change the organization and make a new division to the HR Division. So the company needs to change its organizational structure and design new division which is the Human Resource Division. Keywords: EmployeeResignation, Human Resource, Lewin’s Change Model, Organizational Change, Organizational Structure
Consumer Decision Journey on Choosing Third Wave Coffee Shop in Bandung Putranto, Fajar Eka; Hudrasyah, Herry
Journal of Business and Management Vol 6, No 1 (2017)
Publisher : Journal of Business and Management

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Abstract

Abstract.Background: The growth of third wave coffee shop in Bandung increasing the competition among competitor. By understand what consumers prioritize in choosing third wave coffee shop can help the industry to be more sustainable.Methods: Qualitative approach like interview with professional worker, focus group discussion with key informants, and direct observation. Also this research use quantitative approach via questionnaire to find the flow of decision journey. This method was given to the Bandung’s third wave coffee consumer from 15-24 years old.Results: The majority of consumers agree with the variables that are shown in pre-purchase and on purchase phase. Thus, there are exist gap which is knowledge gap.Conclusion:The consumer decision journey helps to map how the consumer path in terms of choosing a third wave coffee shop. Then, after the industry find and understand the path, it can pratically implement to their business. Keywords:  consumer decision journey, service marketing, third wave coffee
Evaluation of Corporate Social Responsibility Practices: Case Study of Star Energy Geothermal (Wayang Windu) Limited in Pangalengan, Indonesia Al Furqon, Habib; Rudito, Bambang
Journal of Business and Management Vol 5, No 2 (2016)
Publisher : Journal of Business and Management

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Abstract

Abstract. National development has always been a big issue, moreover ever since the Millennium Declaration back in 2000 at the United Nation summit and attended by 189 countries. Indonesia, with its rich natural and human resource, is having a big advantage to develop. However, the fact in the reality talked different. Even though Indonesia has been able to improve ever since the declaration was made, Indonesia failed to reach the target. One of the government ways to develop the country is by encouraging private sectors to participate in developing the country. One of the ways is by making a certain rule regarding Corporate Social Responsibility that must be done by a company which form has became a liability company. One of the companies who have done this is PT. XYZ. However, a claim from certain local communities and local people that blame the company for the disaster that happened back in the end of 2015 encourage author to evaluate their CSR practice, since the goal of CSR practice is trust and this issue could affect it. This research aims to evaluate the CSR practices of PT. XYZ. Qualitative method, using participant observation approach to several informants would be used to get more information about the issue. The result indicated a gap between the people’s perspective and what the Company wants regarding the CSR practices and some problems were found regarding the system within the practices. SWOT analysis used to know what are the Company’s internal and external factors regarding their CSR practices. Finally, using TOWS analysis, the research would be able to give some strategic recommendations for the Company, which is to empower Marukana UMKM Cooperative to do several things that the Company could not do directly, to make another Community Development program, and to make a periodical and sudden supervision to know how the program is currently running.Keywords: Corporate Social Responsibility, Empowerment, Local Community, PT. XYZ, Sustainability
Analysis Busines of Iodized salt SMEs in Cirebon District Hamid, Amellia Adani; Aldianto, Leo
Journal of Business and Management Vol 3, No 3 (2014)
Publisher : Journal of Business and Management

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Abstract

Cirebon Regency is the largest potential area in West Java to producing salt that attracts high interest of Small Medium Enterprise (SME). But unfortunately there are still a lot of iodized salt SMEs in Cirebon Regency experiencing difficulties in running the business. This research aim to identifying the main problems that may face by those SMEs, then will analyze by using theories of business and management in general perspective in order to provide alternative solutions and recommendations that can help developing the SMEs. This research use interview and observation as methods of primary data gathering. Interview and observation focus on 4 iodized salt SMEs in Cirebon Regency that each of them come from several villages and districts. These SMEs are expected represent the iodized salt SMEs in Cirebon Regency overall. From the results of data collection, researchers determined there are 5 common problems as follows: (1) difficulties in marketing the product, (2) difficulty in recruiting and attract employees to work with (3) no standard operating procedures that are held in the use of methods and technologies of producing iodized salt, (4) difficulty in getting supplies of iodine (5) and SNI certificate is considered expensive by most SMEs. The result analysis shows that iodized salt SMEs have uses methods and technologies according to the standard required from Indonesia Ministry of industry, the largest market demand for iodized salt are come from traditional market, grocery, and packaging market, while the scarcity of iodized content can be got alternatively by import from GAIN-UNICEF recommendation. Responding to the expensive cost of SNI problem, researcher doing financial analysis to calculate the investment analysis of the SNI certificate registration by taking sample 2 respondents of the 4 SMEs, the result obtained that each of them has NPV>0 it means their business which including the cost of SNI still deserve to be ran and developed even the payback period can be gained in the first year.Keyword: Iodized Salt SMEs, Cirebon Regency, Iodine, Marketing Strategies, Investment Analysis, Methods and Technologies, Compensation
Business Transformation of Palasari Tradisional market Imaduddin, Musa Mujaddid; Dhewanto, Wawan
Journal of Business and Management Vol 3, No 6 (2014)
Publisher : Journal of Business and Management

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Abstract

The growth of traditional market as trading center indicates that there is a growth and economic development in Indonesia. However, traditional markets have various weaknesses that have become the basic character which is very difficult to change, like design factors and market appearance. As the experience, traditional market under managed by government will be faster to develop if get cooperation to private sectors. Such cooperation is manifested in the form of the agreement such as build operate and transfer (BOT) as an alternative solution which is mutually beneficial cooperation. Palasari market in Bandung is one of market where the private sectors could cooperate with government through BOT system. Private sectors could add real estate business on the available area. After doing the research, Palasari area is suitable for apartment business. So, this BOT system is made with construction scheme of market constructing on the ground floor and apartment construction on the floor above. This model business need to be transformated in phisical, system, and cultural aspect. After doing the calculation in financial aspect, this business transformation project is feasible to implement. Implementation of this business transformation also change the culture and system in management of market. Government can restructure its management system related the management of market. Goal of this business transformation is aiming to increase the welfare of traders.Keywords: Bandung, Market, Development, Build-Operate-Transfer, Apartment, Business Transformation
THE EFFICIENCY OF COMMERCIAL BANKS IN INDONESIA (CASE STUDY 19 COMMERCIAL BANKS IN INDONESIA PERIOD 2008-2017) Shubhi, Muhammad Miftahus; Anggono, Achmad Herlanto
Journal of Business and Management Vol 7, No 3 (2018)
Publisher : Journal of Business and Management

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Abstract

Abstract. Background: . The purpose of this research is to analyze the technical eficiency of the commercial banks in Indonesia from 2008 until 2017. This research used 19 commercial banks that listed on BUKU 3 and BUKU 4 in Indonesia. Methods: Non-parametric Data Envelopment Analysis (DEA) was calculated using intermediation approach, output oriented, and using Variable return to scale (VRS). This research using total deposits, fixed asset, and price of labor as the input and using total loan and income as the output. Results: The result of this research shows that Only BRI, MANDIRI, MIZUHO and SUMITOMO MITSUI have 100% of efficiency from 2008 to 2017, meanwhile BNI, BJB, MAYBANK, OCBC and MEGA never reach 100% of efficiency in the same period. Conclusion: not all the commercial banks from BUKU 3 and BUKU 4 already efficient, and for the others banks in this research can use BRI, MANDIRI, MIZUHO and SUMITOMO MITSUI as the bencmark to keep the bank efficiency. In th eother hand, all of those banks may have to increase 6,8% of the output to reach the effciency score without requiring the additional input.Keywords: Efficiency, Banking, Data Envelopment Analysis
Analyze the Role of Tourist Motivation toward Satisfaction and Identification the Push and Pull Motivational Factors among Bandung Tourist Mandala, Rizky Yudistira; Hudrasyah, Herry
Journal of Business and Management Vol 5, No 4 (2016)
Publisher : Journal of Business and Management

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Abstract

Abstract. In the upcoming 2019, the Indonesian government is targeting an increase in the contribution of the tourism industry to be 8% for the total economy of Indonesia. The target that requested by the government makes a lot of development in the field of tourism industry. Data provided by the Central Bureau of statistic Indonesia showed a rise in the number of accommodation in the form of his hotel in every year in every province in Indonesia. This situation makes competition in the field of tourism industry in Indonesia is getting tight. The tourist motivation that could be a push factor to go on a trip and be a pull factor in deciding the travel destination that they want to visit can affect their satisfaction levels in their traveling activity. Another factor that examined in this study is travel experience of tourists who visit the city of Bandung for their holiday / vacation. The results of this study showed that the majority of tourists motivated by desire for relaxation, the reason that lead the tourist to a need of relaxation is their hometown atmosphere that make them bored of it. Other factors that attract tourists to visit the city of Bandung is the culinary tourism in Bandung. Many of the travelers who chose Bandung as a travel destination, they spend most of their time to visit cafes and restaurants. Motivation and experience that use to measure the tourist satisfaction shows that there is a positive effect from the tourist motivation and tourist experience to the tourist satisfaction. Although there is a positive influence from tourist motivation to the to the tourist satisfaction, the results of this study show that, the direct influence that was brought by the tourist motivation to satisfaction of travelers is smaller when compared with indirect influence on the tourist motivation to tourist satisfaction that through tourist experience. With the results of this study, recommended to the marketing department of the Bandung tourism industry to keep maintaining tourist experience from the tourists and also pay attention to the motivation that makes them traveled in Bandung, because when the motivation they met in a tourist area, then satisfaction rating will also increaseKeywords: Tourist, Motivation, Experience, Satisfaction, Push and pull theory, Bandung.

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