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INDONESIA
The Indonesian Journal of Business Administration
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Core Subject : Science,
The Indonesia Journal of Business Administration(IJBA) is a business journal that bridges the gap between business research and practice, evaluating and reporting on new research to help readers identify and understand significant trends in their fields. The IJBA seeks to publish papers relating to business, broadly defined. It publishes articles that address both theoretical and practical issues in the broad areas of Business Strategy and Marketing, People and Knowledge Management, Entrepreneurship and Technology Management, Decision Making and Strategic Negotiation, Operation and Performance Management, and Business Risk and Finance.Contributing academicians and researchers are encouraged to address a variety of concerns relating to all areas of business. We also encourage students to use an interdisciplinary approach to analyzing a topic, which often yields interesting and novel papers. The published articles provide valuable insight into matters of broad intellectual and practical concern to academicians and business professionals. The Journalis published three times a year: in April, July and October. The journal is mainly an outlet of MBA ITB students to publish their final project works, although it also accepts articles written by students at masters level from other institutions. A published paper is an honor that will be unambiguously beneficial for professional and academic careers, especially for those who want to attend graduate/professional schools. This means that papers written in relations to Accounting, Economics, Finance, Marketing, Management, Operations Management, Information Systems, Business Law, Corporate Ethics, and Public Policy all qualify for submission. Information on the journal format can be found in the journal's website. The number of pages must be at 10 pages. After published, the journal article will be available electronically at the journal's website. Print ISSN: 2252-3464; Online ISSN: 2252-9284
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Articles 66 Documents
Search results for , issue "Vol 10, No 1 (2021)" : 66 Documents clear
Proposed Business Strategy: Capturing Opportunities In Epoxy Business On Indonesia (A Case Study of PT.Sumber Mukti Jaya Makmur
The Indonesian Journal of Business Administration Vol 10, No 1 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

PT. Sumber Mukti Jaya Makmur is a construction company that has long been engaged in painting buildings, machinery and pipes, established since 1991 in the Purwakarta area. Over time the demand for painting increased not only on ordinary painting but more specifically on floor coatings or commonly called epoxy flooring. On this occasion the authors conducted a survey and literacy study on the epoxy flooring industry and the demand for epoxy flooring which continues to increase every year and the availability of local professional contractors in the Purwakarta area. The purpose of this research is to know the business conditions of epoxy both internally and externally, as well as capture business opportunities in the epoxy industry and determine the appropriate and ideal business strategy for Sumber Mukti. The method used in explaining external conditions is Industrial Organizational Model (I/O), determination of attractive industry based on Industry Analysis, internal condition analysis through resources, capabilities and core competencies and then summarized in SWOT analysis. The results showed that the epoxy business is less attractive, so as a company that is just entering the industry must find market gaps by segmenting and differentiating the business model as a proposed strategy in order to meet the need and wants of Sumber Mukti customers.Keywords : Epoxy business opportunities, Industrial Organizational Model, Industry Analysis, Attractiveness Industry, SWOT Analysis
PROPOSE THE BEST SMART DEVICE FOR PT.PLN (PERSERO) UP2D WEST JAVA USING ANAYLITICAL HIERARCHY PROCESS DUE TO SUPPORTING PREVENTIVE OF MASSIVE OUTAGE AT 20 KV SUBSTATION IN WEST JAVA REGION
The Indonesian Journal of Business Administration Vol 10, No 1 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

West Java region is the region with the largest number of revenue suppliers for PLN because many customers in the region are from the industrial sector. Based on existing data from 2017 to 2020, the massive outage that occurred in the West Java region was still relatively high. According to its condition, Focus Group discussion was conducted to determine the main cause. Problem solving from the results is to implement smart device which functions to measure the variable causes of the problem in real time to prevent circuit breaker trips at the substation which causes widespread power outages on the customer side. In selecting smart devices, this research uses Analytic Hierarchy Process tools. There are 4 choices of smart devices in this research, namely innovation products, IntellSAW, TH110, and SPS. These smart devices are compared with several criteria which include features, value proposition, ease of use, product price, maintenance cost, installation cost, lifetime approximately, product guarantee and brand value. Furthermore, the process of selecting smart devices is carried out through a questionnaire given to 3 divisions, namely top management, operational division and non-operational division. The smart device chosen by respondents using the Analytic Hierarchy Process method is IntellSAW with the highest percentage of the overall score of 45.88%. Likewise, with the calculation of scores in each division, IntellSAW has the highest percentage score in the top management division at 45.11%, in the operational division with a score percentage of 54.82%, and in non-operational divisions with a score percentage of 36.15%. With the results of this election, IntellSAW will be applied to certain substations in the West Java region. Keyword: Analytical Hierarchy Process, smart devices, outages, focus group discussion, IntellSAW
REDUCING DEFECTS PRODUCT AT M.E. BAG AND PURSE PRODUCTION PROCESS USING DMAIC METHOD
The Indonesian Journal of Business Administration Vol 10, No 1 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

ME bag and purse is a start-up company engaged in fahion products. ME was established on 30 September 2017 in Yogyakarta. ME bag and purse provides women's bags in a variety of needs that are simple and chic in style, with good quality materials as well as neat stitches. We really pay attention to the details of our products as a good quality control. ME bag and purse are sold at affordable prices targeting the main market for teenagers and students.In this study, ME bag and purse uses several tools to analyze conditions and factors both inside and outside the company. ME bag and purse uses DMAIC methods and business process analysis to analyze the causes of waste and defects. Defining the process using the SIPOC diagram, then measurement to determine the criteria of product defect using CTQ (critical to quality), identify the kind of defect then to measure then determine the DPU, DPMO, and the sigma value to find out how big the defect is. Thus, to find out the causes of defective product in the production process using fishbone diagram. After analyzing through the fishbone diagram, the next step is to find a solution to the problem with the method in accordance with 6Ms (man, machine, material, method, milieu, measurement).Then as a manifestation of corrective measures, improvements and solutions were carried out with a new propose strategy based on recommendations for improvement, such as conduct training sewing and pattern making, performing maintenance on sewing machines, as well as utilizing the remaining defect material as value added items, applying the 5S concept for workstations, then using KPI (key performance index) as control tools to find out how far the recommendations for improvement are going and make the schedule timeline more organized.Keywords : ME bag and purse, defect product, DMAIC methods, business process analysis CTQ, DPU, DPMO, sigma value, 6Ms, KPI
EVALUATION OF DETERMINANTS OF DIVIDEND PAYOUT RATIO CASE STUDY: LQ45 COMPANIES STOCKS (2014-2018)
The Indonesian Journal of Business Administration Vol 10, No 1 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

The purpose of this research is to determine whether there is an effect of Liquidity, Leverage, Firm Size, Growth Opportunity, and Profitability toward Dividend Policy. The proxies used are Current Ratio (CR) for Liquidity, Debt to Equity Ratio (DER) for Leverage, Firm Size, Growth, Return on Assets (ROA) for Profitability and Dividend Payout Ratio (DPR) for the Dividend Policy of the company. The population of this study is companies listed in the LQ-45 Index from the period of 2014 to 2018. This study uses a purposive sampling method with criteria consist of companies that consistently listed on LQ-45 index period of 2014-2018, non-financial institution companies since the financial institution industry has a specific characteristic in the financial report, and companies that publicly exposed the financial report from the period of 2014 to 2018 and have all the data required for this research. Based on aforementioned criteria, there are 25 companies taken as samples and the subject for this study. The analytical techniques used in this research consist of selection of regression panel data model, descriptive statistics analysis, classical assumption test, multiple liner regression test, and hypothesis test comprising an analysis of the coefficient of determination, partial test (statistical test of t), and model group test (statistical test of f). The result indicates that only Growth Opportunity and Return on Assets (ROA) that have significant effect on Dividend Payout Ratio.Keywords: Liquidity (CR), Leverage (DER), Firm Size, Growth Opportunity, Profitability (ROA) and Dividend Policy (DPR)
MARKETING STRATEGY TO INCREASE PURCHASE INTENTION; THE IMPACT OF INFLUENCER MARKETING ON PURCHASE INTENTION
The Indonesian Journal of Business Administration Vol 10, No 1 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

Indonesia’s leather industry has been one of the prominent sectors and is contributing significantly to the country’s economy, as Directorate General of National Export Development Ministry of Trade of The Republic of Indonesia, Leather industry in Indonesia is one of the biggest sectors which support Indonesian economy. Promotion in various ways, including influencer marketing as a relevant way of word of mouth for Architara leather goods has to boost its profitability as a newcomer in the industry. The technological advancement has enabled electronic word of mouth, in which this the result reveals that Attractiveness, Credibility, and Product Congruence influences purchase intention.The conceptual framework of this research is consistent with the analysis of internal and external environments of the business. Internal business analyse marketing mix and STP whereas external analysis observes PESTEL, competitor, as well as conduct a market research discussing influencer marketing. The influencer marketing are divided into variables; Attractiveness, Credibility, Product Congruence, and Purchase Intention.Keywords : Influencer Marketing, Attractiveness, Credibility, Product Congruence, Purchase Intention
IMPACT OF LEADERSHIP STYLE (TRANSFORMATIONAL AND TRANSACTIONAL) ON PT BUMA SITE LATI'S SAFETY PERFORMANCE
The Indonesian Journal of Business Administration Vol 10, No 1 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

PT BUMA LMO as a coal mining service company located in the operational area of PT Berau Coal has the largest production capacity and has a high potential for accidents. Increased production that is not balanced with a safety culture and safety commitment from management has an impact on safety performance in the company. A leadership culture in safety is very influential in creating a safety pattern in a company. Leadership in the organization at PT BUMA LMO is very much needed in safety management to create a conducive safety culture. The SR and FR data shows that there has been a significant increase of accidents that occurred at PT BUMA LMO during 2013-2019. This is an important consideration to improve the safety performance of PT BUMA LMO because the safety performance factor is a prerequisite for contractors who meet the requirements, and become a determining factor for production volume. In this study, research on leadership styles (transformational and transactional) in PT BUMA LMO is a factor to be examined.Keywords: Leadership, Transactional Leadership, Transformational Leadership, Safety Performance