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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 24 Documents
Search results for , issue "Vol 10, No 2 (2021)" : 24 Documents clear
Proposed Marketing Strategy for Terracotta
The Indonesian Journal of Business Administration Vol 10, No 2 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

Urban life which is synonymous with traffic jams, congestion, and busyness causes boredom. This boredom can have an impact on decreasing one's productivity at work. This phenomenon creates a new trend for nature tourism because it assesses that air quality is better and away from congestion. One of the most popular cities for traveling is Sukabumi. The tourism industry is one of the main contributors to Indonesia's GDP. With this phenomenon, the competition is getting tougher. Terracotta as one of the industry players in Sukabumi has not shown good results. Regarding Terracotta trying to improve its facilities through analysis of current business conditions. The researcher conducted an internal analysis using the 4P marketing mix analysis to determine the current conditions, the lack ofpromotion made Terracotta difficult to reach the market. This underutilization meant Terracotta was not well known, so his reputation had not yet been established. In addition, Terracotta does not yet have facilities and activities that support and can be carried out by customers while staying at Terracotta. Then the researchers conducted an external analysis using competitor analysis and customer analysis, Terracotta has problems in competition. Terracotta's competitors took precedence and were better known. They also have promotional media such as websites and billboards to attract customers to visit their villas. Competitors also have facilities and activities that support overnight stays. To get more customers, Terracotta needs to expand its facilities by building various facilities and activities. The construction of the villa is adjusted to the customer analysis that has been carried out previously to suit customer needs. To reach a wider market, Terracotta needs to carry out promotional activities. Promotional activities are carried out both online and offline.Keywords: Tourism Industry; Villas; Marketing Strategies.
Improvement of Serviceability Level for Presidential Helicopter Type AS332L2 Super Puma Using Part by Hour (PBH)
The Indonesian Journal of Business Administration Vol 10, No 2 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

One of the superior products from PT. Dirgantara Indonesia is AS332L2 Super Puma helicopter that is used as a helicopter for the Indonesian presidency. In supporting the presidential mission to reach remote areas, PT. Dirgantara Indonesia collaborates with the Ministry of the State Secretariat to procure two Super Puma helicopters. The helicopter must be guaranteed serviceability so that it can be used whenever needed. However, the conditions that occurred in the last two years of 2019 and 2020, serviceability from these helicopters is still not optimal. Only 42% in 2019 and 58% in 2020 of the optimal helicopter flying target of 90%. This situation causes helicopters will be grounded and will interfere with the presidential mission.This research aimed to increase the serviceability of the Super Puma helicopter using the Part by Hour method. Based on the analysis, the thing that causes low serviceability is the delay in fulfilling the replacement of helicopter components. Two root causes occur the current poor business model of PBH and the import factor of helicopter components. Based on the results root cause analysis, the possible alternatives that could be made to optimize the acceleration of material arrival to PT. Dirgantara Indonesia and the fulfilment of these materials to customers are to change business model scheme and make additional pooling storage. The alternative solution is estimated to increase the helicopter serviceability according to target expectations, namely by 90%, so that it can contribute to fully supporting the presidential mission in exercising national sovereignty.Keywords: Serviceability, Part by Hour, business model.
PROPOSED KNOWLEDGE MANAGEMENT SYSTEM FOR DAILY WORKERS : CASE OF FOOD AND BEVERAGE DEPARTMENT CY HOTEL BANDUNG
The Indonesian Journal of Business Administration Vol 10, No 2 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

Knowledge is an essential company aid that offers sustainable aggressive gain. For an company, expertise is an essential strategic asset to attain and keep its aggressive gain in comparison with competitors Like the CY Hotel Bandung, the Human Resources Department employs many daily workers to help the CY Hotel Bandung project. Nevertheless, the human resources department of the daily workers at the CY Hotel Bandung lacks knowledge and experience related to daily work. This situation makes them very dependent on their superiors to assist them in completing their work. But in reality, not everyone wants and has time to share their knowledge in every situation. Therefore, Human Resources Department of CY Hotel Bandung needs a comprehensive knowledge management system to support the occurrence of an effective knowledge sharing among the organization and daily workers to improve the organization's work environment and effectiveness at work.Activities will begin in a series of activities carried out based on the five stages of the knowledge management implementation process for the implementation plan. The knowledge management objectives and approaches are identified to adjust the knowledge management system according to the current situation and problems faced by the company to support business processes so that the knowledge management system can work efficiently and effectively.The implementation plan has the concern to improve practice of knowledge management. Proposed important activity that can maximize the full potential of knowledge management and innovation in the company. The implementation activity will consist of 23 (twenty-three) activities to be fulfilled with the proposed timeframe for 3 months. The resources needed are the management, managers, daily workers, and IT which will go through processes such as forum discussion, brainstorming, and lesson learned among other things.Keywords: Knowledge Management, Daily Workers, People, Process & Technology, Knowledge Management System, Low Touch Economy
ANALYSIS OF CASH CONVERSION CYCLE TO COMPANY LIQUIDITY & WORKING CAPITAL (A CASE STUDY OF PT. GISTEX TEXTILE INDONESIA)
The Indonesian Journal of Business Administration Vol 10, No 2 (2021)
Publisher : The Indonesian Journal of Business Administration

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Abstract

Indonesia textile industry in 2019 is under pressure due to the large number of imports entering the local market, which makes industrial sales depressed that had Impacted on the performance and growth of the textile declining. PT. Gistex, a company engaged in the textile industry, is also experiencing the same pressure as the industry. The company's had a poor performance reflected in the Cash Conversion Cycle Indicator, which is getting higher each period and the value of liquidity is decreasing. Cash Conversion Cycle should be a concern for the company, namely improving company performance and improving shareholder welfare. So it is important to find an improvement in the Cash Conversion Cycle for PT. Gistex so as to improve the welfare of the owner. The analysis is carried out to obtain an indicator of the target improvement for the company, namely by forecasting for 5 years with various different scenarios and adjusting to market conditions. Industry cash conversion cycle benchmarks are also important, benchmark uses a population of listed companies on the stock exchange. The issuer's data and performance are looking for the Cash Conversion Cycle turnover rate for various aspects such as Receivable Turnover, Inventory Turnover and Payable Turnover. As a reference, the company must improve, namely receivable turnover and inventory turnover. The improvement in terms of receivables and inventory turnover aspects based on industry performance will be used as a reference for companies in determining their business and management strategy. The results obtained after using these references are that the company can improve its profitability and liquidity performance. Important for PT. Gistex to increase the cash conversion cycle so as to increase the shareholders welfare, the company must control, manage and monitor the driving factors of the cash conversion cycle.Keyword: Cash Conversion Cycle, Receivable Turnover, Inventory Turnover, Shareholder Wealth

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