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INDONESIA
Jurnal Ekonomi
Published by SEAN INSTITUTE
ISSN : 23016280     EISSN : 27219879     DOI : https://doi.org/10.54209
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi [p. ISSN 2301-6280, e. ISSN 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts in the various topics include, but not limited to, functional areas of Accountancy, Business management, Capital market, Economic History, Applied Economics, Business and Finance, Environmental Economics and Ecology, Islamic economics, Health Economics, Fiscal Economy Monetary Economics, Political Economy, Economic management, Operational management, Human Resource Management, Financial management, Marketing Management
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 2,391 Documents
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IMPLEMENTATION OF QUANTITATIVE STRATEGIC PLANNING MATRIX (QSPM) IN A DIGITAL-BASED PROMOTION STRATEGY AT A MUSLIM CLOTHING STORE IN PADANGSIDIMPUAN CITY Hery Dia Anata Batubara
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

Indonesia is currently being hit by a problem, namely the problem of the Covid-19 pandemic. The huge impact arising from this pandemic is very much felt in various factors. From a health perspective, as of October 20, 2020, there were more than 290,000 confirmed cases of COVID-19. From an economic perspective, the COVID-19 pandemic has an impact on economic growth. Indonesia's economy in the first quarter of 2020 against the first quarter of 2019 was 2.97% (y-on-y), slowing down compared to the achievement in the first quarter of 2019 of 5.07%. (BPS Republic of Indonesia). In the production perspective, the number of production units decreased drastically due to the inability to maintain their production units which also had an impact on increasing the number of layoffs and unemployment, especially in production units in traditional markets which in fact have a slow economic growth rate coupled with the increasing number of competitors. This makes Indonesia in a dilemmatic position. Handling Problems to increase economic growth, the Indonesian government echoed the "New Normal Era" and began to live in peace with Covid-19 until an effective vaccine was found. All units of production activities are now starting to return to increase their economic growth by increasing their sales. This New Normal era is unfamiliar to all levels of society because it has to fight and strengthen new strategies in order to improve its economy. One of the production activity units that are now struggling to implement strategies in order to increase economic growth is traditional shops by implementing targeted marketing strategies so that they are able to compete and increase economic growth during the Covid-19 pandemic because there is more competition and people's purchasing power is declining. The research was conducted at 2 Muslim Clothing Stores located in the Sangkumpal Bonang Padangsidimpuan Traditional Market. The purpose of this study is to implement marketing strategies that are right on target and able to compete in the era of the Covid-19 pandemic. Analytical methods in this study use quantitative methods and qualitative methods. The quantitative method is carried out by providing a list of questionnaires to the three research objects related to the impact felt during the Covid-19 pandemic while the qualitative method is carried out by applying marketing strategies that are right on target. As well as the use of the QSPM (Quantitative Strategic Planning Matrix) method as a digital-based promotion strategy.
IMPLEMENTATION OF THE RAPID APPLICATION DEVELOPMENT (RAD) METHOD IN THE CV ACCOUNTING INFORMATION SYSTEM. MAKMUR AUTO SEJAHTERA Joko Prayogi
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (591.486 KB) | DOI: 10.58471/ekonomi.v11i02.518

Abstract

In the era of the Industrial Revolution 4.0, business competition is getting tougher, encouraging institutions or companies to continue to improve the efficiency and productivity of their resources, including human resources and their management systems. The global crisis that arises is a process by which the entire business world, including the service sector and manufacturing industry, learns and experiences to continuously improve efficiency and effectiveness in resource management, including improving and running professional and quality human resources working to achieve company goals [1]. This also has an impact on companies engaged in the automotive sector. Competition in this field is getting tougher in Indonesia, especially in the type of motorized vehicle, namely private cars, which can be proven by the increasing number of official car dealers, new car brands that have sprung up and the number of car ownership that is increasing in Indonesia every year. Based on this background, the more competition that occurs, in this case each dealer will improve its system, in this case the sales system, inventory, recording to stocks. CV. Makmur Auto Sejahtera is one of the companies engaged in the automotive sector, namely the sale of spare parts (spare parts) of various car brands located in the city of Medan. The problem that occurs today is the lack of control over inventory such as the frequent difference in inventory when an adjustment of the balance will be made between the recording of the warehouse section and the office administration department, to the difference in the physical amount in the warehouse with the amount recorded on the warehouse stock card.
APPLICATION OF THE ORDINARY LEAST SQUARE (OLS) METHOD IN THE ANALYSIS OF ECONOMIC GROWTH FACTORS DURING THE NEW NORMAL OF COVID-19 IN PADANGSIDIMPUAN CITY Lilis Saryani
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

The Government of the Republic of Indonesia has now entered a new normal phase of COVID-19 which has been running for almost two years where the Covid-19 pandemic period is still ongoing even though it has begun to decline starting in 2021 yesterday. However, this new normal is still unable to restore the existing situation as it was before the pandemic, one of which is the economic sector of the Indonesian people. The economic sector has had a very bad impact during the Covid-19 pandemic, because all previous economic activities of the community are still moving with conventional systems. This is deeply felt by business actors in traditional markets. The problem that occurs is that business actors are unable to rise quickly and are unable to compete with other business actors who are better prepared to make sales during the pandemic. The purpose of this study is to learn about the analysis of economic growth factors during the new normal period of the Covid-19 pandemic in Padangsidimpuan City by applying the Ordinary Least Square (OLS) method by utilizing technology as a promotion / marketing of products sold by business actors in the Sangkumpal bonang market in Padangsidimpuan city. The analysis method used in this study is a quantitative method using panel data using A Fixed Effect Model, the steps of this study are the collection of secondary data obtained from the Central Statistics Agency of the Agency after data analysis. Based on the results of the analysis obtained from the results of the study: partially using the Fixed Effect Model Analysis tool, it produces negative variables on the Human Development Index in Padangsidimpuan City, comparing the Economy related to the Economic Growth Index of the community in Padangsidimpuan City.
THE VOLATILITY OF CRYPTOCURRENCY, DOLLAR AND COMPOSITE STOCK INDEX (JCI) FOR ESTIMATING VALUE AT RISK USING GARCH'S MODEL Arif Hidayat Tumanggor
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

This study was conducted to analyze the volatility of cryptocurrencies and predict VaR or value at Risk. Variables, Dollar Index, and Composite Stock Price Index (JCI) were used as independent variables. The cryptocurrency objects in this study are Bitcoin and Ethereum which have the largest market capitalization. The data in this study uses the period January 1, 2019 to December 31, 2021. This study uses GARCH analysis, Estimation of value at risk (VaR) using the GARCH model only works well on the Dollar. This is from the validity and more value it can be seen that the VaR estimate is lower and closer to the actual loss compared to Bitcoin and Ethereum. This situation has that Bitcoin and Ethereum are unstable and high risk compared to the Dollar.
IMPLEMENTATION OF DMAIC APPROACH TO IMPROVEMENT OF BLOCK PRESS PRODUCTION PROCESS (CASE STUDY PT. XYZ) Wahyu Wiguna
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

The limit increase in the number of product defects p there is a block press production process line in January-July 2022 by 6.5%, namely Block Press too light, Block Press sample, Block Press scratch, Block Press cracked, Block Press broke, Block Press too heavy, Block Press top uneven, Oblique Block Press, Block Press bottom uneven. The purpose of this study is to control the process so that the company's target can control the number of product defects. The DMAIC approach is used to conduct quality control analysis using production data and production errors for January- June 2022. The result of the DPMO calculation is 7222 Pc which means that there will be a chance of product defects of 7222 Pc from process failures per one million opportunities, with a block press production process sigma rate of 3.9 Sigma. The result of the DPMO calculation is 7222 Pc which means that there will be a chance of product defects of 7222 Pc from process failure per one million opportunities, with a block press production process sigma rate of 3.9. Some types of defects that are dominant in BLOCK PRESS products are: too light (38%), compel (16%), and scratch (9%). Some proposals aimed at reducing the number of product defects on the block press are: Making work standards for checking powder moisture, Supervision and control by production supervisors, Making work standards for molding filling and operator training.
ANALYSIS OF THE IMPLEMENTATION OF EMPLOYEE PERFORMANCE APPRAISAL AT BANKS IN BANTEN Sucihati Sucihati; Cecep Warman; Eka Febrianata; Suharno Suharno
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

This study aims to analyze the implementation of employee performance appraisal at the Bank in Banten. The type and approach of research is field research with a Qualitative approach. Data collection techniques are obtained from observation, interviews and documentation. Based on research and discussion, it can be concluded that the application of assessments to improve employee performance at banks in Banten has been carried out properly and the company's plan to determine employee performance is to prepare employees who are of good quality and also competent. The impact of employee performance appraisal there are both positive and negative. The positive impact is the emergence of better work motivation, clarity from the work standards that have been done, and reciprocity to past performance such as rewards, promotions. Meanwhile, the negative impact is being reprimanded by the boss, not getting rewards and being stopped.
IMPACT OF EQ AND CULTURE OF CONSUMERISM TO INTEREST IN ONLINE SHOPPING BASED ON LIVE STREAMING ON SOCIAL MEDIA Berupilihen Br Ginting; Nirmalasari; Srie Hartati
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

Technological developments penetrate all aspects. Live Streaming on efouria social media is hard to contain. This study aims to see the impact of EQ and consumerism culture on online shopping interest based on Live Streaming on Social Media. Types of quantitative research. The student population of the Politeknik Unggul LP3M Accounting and Computerized Accounting Study program. The sample is 84 students. The study results found that consumerism culture and Emotional Quotient (EQ) had an impact on online shopping interest. The p-sig value is 0.000 < 0.05
FACTORS THAT INFLUENCE ON THE DEVELOPMENT OF PAID AGRO-TOURISM IN THE MARKET TRANSMISSION VILLAGE Adelina Lubis; Indah Apriliya; Kartika Anggraeni Simbolon; Nurul Wardani Lubis
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

Pasar Melintang Village has a stretch of rice fields that have not been widely developed into an agro-tourism destination in North Sumatra. The purpose of this study was to examine what factors influence the development of agro-tourism in Pasar Melintang Village in Deli Serdang. The respondents of this study amounted to sixty-three people who live in Lubuk Pakam District and have visited the location, the sampling technique used is a combination of purposive and accidental sampling with the following criteria: 1) minimum age 17 years, 2) minimum high school education, 3) have visited rice field tourism sites. The analysis technique uses Confirmatory Factor Analysis with eleven-factor variables. Of the eleven variables, three factors were formed: attractiveness, management, and community participation
INFLUENCE OF ISLAMIC CORPORATE GOVERNANCE AND INTELLECTUAL CAPITAL ON BUSINESS SUSTAINABILITY THROUGH FINANCIAL PERFORMANCE AS MEDIATION VARIABLES IN SHARIA BANKING FOR THE 2016 – 2020 PERIOD Cholis Hidayati; Gustaf Naufan Febrianto
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

Islamic banking is an alternative banking service for Muslim customers who want to choose non-usury and minimal risk banking services. However, the comparison of market share, total core capital owned by Islamic banking with conventional banking is one of the challenges for Islamic banking to maintain its business continuity the period of 2016 – 2020. The design of this study uses a descriptive quantitative approach, supported by secondary data obtained from the Financial Services Authority and the company's official website. The object of research involves Islamic corporate Governance and intellectual capital, corporate financial performance and business sustainability. The population of this research is 14 Islamic commercial banks in Indonesia in 2016 – 2020, with purposive sampling technique, namely companies that publish annual reports including sustainability reports consecutively during the 2016 - 2020. The analytical technique used is Partial Least Square (PLS) with a level of confidence 1.96 which is stated significantly between variable relationships. The results of data processing are in the form of models, journals in reputable international journals, HKI and providing input for policy makers about Islamic banks, for the Islamic banks internal policy and all the investors in making investment decision.
PARTICIPATION AND ORGANIZATIONAL CULTURE ON LOCAL GOVERNMENT PERFORMANCE BUDGETING Irfan Maulana
Jurnal Ekonomi Vol. 11 No. 02 (2022): Jurnal Ekonomi, Periode September 2022
Publisher : SEAN Institute

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Abstract

As a public sector organization, local governments are required to have performance that is oriented to the interests of the community, and encourage the government to always be responsive to environmental demands, by trying to provide the best service in a transparent and quality manner as well as a good division of tasks within the government. Improving the performance of the local government sector is a comprehensive thing where each SKPD as a budget user will produce different levels of performance according to their abilities and sense of responsibility. This study uses descriptive analysis as a research method, using a qualitative approach. Qualitative is defined as a research procedure that produces descriptive data in the form of written or spoken words from the people and observed behavior, and the qualitative strategy was chosen because it is considered very relevant in the study of public administration. The results of this study explain that, in the current era of regional autonomy, regions are given greater authority to regulate and manage their own regions. The aim is to bring local government services closer to the community, and to make it easier for the community to monitor and control the use of funds sourced from regional revenue and expenditure budgets. Improved local government performance is influenced by budgetary participation, where the higher the level of participation, the higher the welfare value and regional and organizational financial management. In addition, this participation activity is actually expected to encourage every manager to improve his performance by working harder and assuming that the organization's target is also his personal target..

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