cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota bandung,
Jawa barat
INDONESIA
The Indonesian Journal of Business Administration
ISSN : -     EISSN : -     DOI : -
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
Arjuna Subject : -
Articles 94 Documents
Search results for , issue "Vol 8, No 3 (2019)" : 94 Documents clear
PROPOSED BUSINESS STRATEGY IN PALM OIL PLANTATION: CASE STUDY OF PT. XYZ
The Indonesian Journal of Business Administration Vol 8, No 3 (2019)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

PT. XYZ is a private palm oil plantation company that produces fresh fruit bunches (FFB) that are sold to palm oil mills. The firm has suffered from declining margin rate that can potentially threaten its sustainable profitability. In order to find prospective solutions, this study conducts analysis based on on internal and external environment scanning method. The external environment analysis consists of PESTLE Analysis, Porter’s Five Forces, and Competitor Analysis. Internal environmental analysis consists of Resources-based View Analysis that composed of examining resources, capabilities, core competencies, value chain analysis, and competitive advantage. The result of both internal and external analysis will be concluded in root cause diagram. Based on the diagram, SWOT Analysis and Internal External Matrix will be used to formulate external and internal strategies. The internal strategies will be derived into business level – based on Porter’s Generic Strategy - and functional level. The research is based on primary data of PT. XYZ and secondary data from publications, press release, and academic journals. The external analysis finds that highly competitive vegetable oil market, weakening demand for palm oil, escalating trade barriers on import, along with surging domestic palm oil production lead to the declining crude palm oil (CPO) in Indonesia. Additionally, in recent years, several new strict regulations imposed by Indonesian government on domestic palm oil industry can potentially restrain future development and expansion. The internal analysis finds that PT. XYZ has competencies in having sufficient number of skilled and experienced field workers, and strong collaboration between Research & Development and field workers. These competencies are appraised as competitive parity and temporary competitive advantage effect respectively. In addition to competencies, operations in PT. XYZ are still considered inefficient. Some of the weaknesses in PT. XYZ that contribute to the inefficiency are labor-intensive culture, cost disadvantage due to scattered estate, manual labor system in harvesting and plant maintenance operations, potentially declining production, and unintegrated and manual management information system. In brief, the root cause of business issue in PT. XYZ in external factor are declining fresh fruit bunch (FFB) price and reduced FFB procurement by palm oil mills. In internal factors, the root cause are increasing labor cost, declining and fluctuating plant production or yield, and increasing general, sales and administration costs. In conclusion, this study proposes business strategy to PT. XYZ to adopt cost leadership, which comprises of highly cost-efficient production process while offering differentiated fresh fruit bunches products to palm oil mills as buyers. This proposed strategy can potentially result in sustainable margin and profitability with sustainable competitive advantage in the long term for PT. XYZKeywords:  Business strategy,  Cost leadership, Marketing, Palm oil, Plantation
INCREASING NON-AERONAUTICAL REVENUE FROM BUSINESS IN TRANSIT ORIENTED DEVELOPMENT (TOD) M1 SOEKARNO-HATTA INTERNATIONAL AIRPORT
The Indonesian Journal of Business Administration Vol 8, No 3 (2019)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Angkasa Pura II’s revenue divided into aeronautical revenue, and non-aeronautical revenue. Based on company strategic objective, namely is Giant Dream 2020, one of the company objectives in 2020 is achieving revenue ? IDR 14,7 Trillion and Non-Aeronautical contribution 50-60% with good risk management. Based on the performance company in 2018, there are still a gap to reach company’s goal in 2020.  The revenue’s gap which is ± Rp.5,2 trillion, and the non-aeronautical gap contribution still ± 13-20% from expected proportion of non-aeronautical revenue contribution. Production achievement of Non-Aeronautical Business 2018 reaches 95%. However, if production is reached 100%, it is still hasn’t achieved the target. The research objective based on the business issue above, to find out non-aeronautical business still has the potential to be developed in order to increasing non-aeronautical revenue.To solve the business issue, to find business potential, author doing situation analysis and elaborate of segmentation Non-Aeronautical revenue to find business that has potential and can be develop, and author finding those are potential business in Transit Oriented Development (TOD) M1 Soekarno-Hatta International Airport. Author conducted survey. to find out which commercial facilities are most needed by TOD M1 users, and to find out what facilities need to be improved. Service Quality Survey (Servqual) with 5 (five) dimensions used to analyze the quality of service delivery from the customer side. The method used to analyze the results of the Service Quality survey is Importance Performance Analysis (IPA).The result of analysis, author Proposed Developing New Business in TOD M1 Soekarno-Hatta International Airport based on the most commercial facility needed by TOD M1 user, andImproving Current Facilities Based on Importance-Performance Analysis.Keywords: Non-Aeronautical Revenue, Company Strategic Objective, Transit Oriented Development (TOD) M1 Soekarno-Hatta International Airport, Developing New Business, Improving Existing Facilities
Business Strategy to Facing Declining Sales of PT. NMI
The Indonesian Journal of Business Administration Vol 8, No 3 (2019)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Indonesia is the fourth largest population in the world with total population about 265 million.  The advantage of the large population owned by Indonesia has a positive impact on automotive sales. It is estimated that significant growth for automotive occurs in the segment of passenger vehicle (PV), estimated at growth until 2020 reaches 6.8%. The issue is even though total PV sales are increase but PT. Nissan Motor Indonesia was facing declining in sales around 68% in just 3 years. It is necessary to do research to get the right solution for this issue.In this research, the Framework is first, the input explain the business issue, second the process is explaining about business exploration, and third the outputs explaining business solution. In the business exploration, use internal & external analysis, and find the main rootcause use fish bone analysis. For business solution find the best alternative use SWOT and TOWS matrix analysis for generate alternative, then choosing the best alternative will use AHP process. As a result, the main factor that affect to the declining sales of Nissan are turn over new model is too long plus and expensive spare part for maintain Nissan cars. Then for improve this condition, Nissan could be launch new model that build from alliance plant & improve total delivery cost and integrating part supply with alliance plant. Keywords: Decline in sales, internal & external analysis, SWOT & TOWS, AHP, launch new model, Alliance
FINANCING STRATEGY FOR BUILDING A NICKEL SMELTER, BY IMPLEMENTING BOT SCHEME. (CASE STUDY: PT. TOMINDO ENERGY, HALMAHERA, CENTRAL MALUKU)
The Indonesian Journal of Business Administration Vol 8, No 3 (2019)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The globalization of production and distribution has required countries to have efficient infrastructure in order to be able to have substantial participation in global trading and production networks.  Since the early 1990s, the mining sector has reopened to invest in it, Indonesia has increased its rank in production, domestic coal sales, and for coal exports. Indonesia is very profitable because of its wealth, geographically strategic to emerging markets, thus the demand for low-quality coal from developing countries has increased sharply. PT. Tomindo will build a smelter plant in Central Halmahera, North Maluku. Building a new smelter in order to meet the increasing market demand and will enter the company's assets. PT. Tomindo collaborates using BOT Scheme to carry out the new smelter plant construction project. Investors and PT. Tomindo will use the BOT scheme to shall establish a smelter, which investors have comprised of finance, design, procurement, construction, testing commissioning operation and maintenance including auxiliary equipment and supporting facilities for operating a reliable base. The methodology used of this research is to know the business issue, and then analyze the situation if this company build a new smelter plant. Through the external analysis using PESTEL (Politic Economic, Social, Technology, Environment and Legal) and Porter’s Five Forces, and then to internal analysis using Research and Capabilities analysis. After that, analyzing the external and internal aspects of the company, a SWOT analysis is performed, also obtained using TOWS matrix analysis. Then to the calculation of the Financial Projection and Financial Feasibility Study of the project to be carried out. After getting the results of the calculations carried out NPV, IRR and Payback Period. Entire the project financing use 70% loan and 30% equity with the life time of project 10 years. From the calculation of the Financial Feasibility Study results the Payback Period from this project is for 1,54 years, the result of Net Present Value (NPV) is positive by 3.605.239.070,86 USD, and the Internal Rate of Return (IRR) is 21,53%% which is greater than the Weighted Average Cost of Capital (WACC) of 5,98%. Based on the calculation, it can be seen that this project is financially feasible, this is because the result shows that all indicators are acceptable. Keyword: BOT Scheme, Capital Budgeting, Coal and mining Industry, Feasibility Study.

Page 10 of 10 | Total Record : 94