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INDONESIA
JER
Published by Universitas Muslim Indonesia
ISSN : -     EISSN : 26206196     DOI : https://doi.org/10.57178/jer.v6i1
Core Subject : Economy, Humanities, Science,
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Jurnal Economic Resource_(JER) is open access. This journal is published in _ March & September. Journal of Economic Resources|e-ISSN 2620-6196] is a peer-reviewed journal published twice a year (March & September) by the Faculty of Economics and Business, Universitas Muslim Indonesia_UMI. Journal of Economic Resource is a research work to publish articles that report the results of Economics. The Journal of Economic Resources invites manuscripts on various topics in Economics but not limited to Functional Development Economics; entrepreneurship; Management Development; and Accounting.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 41 Documents
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Search results for , issue "Vol. 7 No. 2 (2024): September - February" : 41 Documents clear
A Study on The Inner Mindsets of Entrepreneurs ~ somethings behind their successful careers ~ Christy, Nisa Novia Avien; Slahanti, Masine; Basmar, Edwin; Wibowo, Radna Andi
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

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

Abstract

A successful enterprise in the contemporary economy requires appropriate skills and persons possessing an entrepreneurial mindset. The entrepreneurial mindset is crucial for achieving success in the company. The current degree of entrepreneurial mindsets within each group must be assessed by identifying the deficiencies that require modification to promote entrepreneurial success. This research examines successful entrepreneurs' inner mindset and characteristics and the variables contributing to their career achievements. The study's respondents consisted of four entrepreneurs from the Central Java region. The collected data were analysed following the seven steps of Interpretative Phenomenological Analysis (IPA) focusing on the participants’ life experiences and their inner mindset, motivations, behaviours, and successful career in their entrepreneurship process. This study demonstrates that the components of an entrepreneurial mindset—such as (1) generally request themselves to be a good model in their community; (2) always searching for any opportunity to open their business; (3) tend to see failure as a learning process and as a self-development enhancing event; (4) tend to see and further facilitate their team development and company goals; (5) generally possess the capacity for leadership and communication skills —are integral to the three dimensions of an entrepreneur's inner mindset, which facilitates of successful careers.
Strategies to Enhance Customer Loyalty at UD Bajuber Print Gresik Romadhon, Harits; Surianto, Moh Agung
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1111

Abstract

Bajuber Print is a printing company that prioritizes customer satisfaction in a highly competitive printing industry. This study aims to identify various factors influencing customer loyalty using a qualitative approach, including in-depth interviews, focus group discussions, and direct observation. The data analysis revealed that consistent service quality, value-aligned pricing, positive customer experiences, and attractive loyalty programs are key factors in building and maintaining customer loyalty. These findings provide valuable strategic insights for Bajuber Print to formulate effective measures to enhance customer loyalty while strengthening the company's position in a competitive market.
Financing Strategy for On-Grid Solar PV in Cement & Construction Industry: PT CBS Indonesia Case Sofyan , Dinda Saphira Nabila; Siahaan , Uke Marius; Rahadi , Raden Aswin
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

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Abstract

In Indonesia, the cement industry plays an important for the development of infrastructure, as this industry keeps expanding along with infrastructure development projects and urban areas. This study analyzes the financing strategy for on-grid solar PV installation with a case study of PT Cibinong Bangun Sarana by using financial feasibility analysis, sensitivity analysis, capital budgeting, and US Index. The results show that an international bank loan with a debt-to-equity ratio of 40%:60% is the most optimal financing strategy. This study provides strategic insights for cement companies in implementing sustainable energy solutions, reducing electricity costs, and improving operational efficiency.
Analysis of the Influence of Halal Products and Brand Image on Food Product Purchase Decisions in Makassar Qasabandiyah, Muhammad Kholidinna; Farida, Umi
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1120

Abstract

The increasing awareness of halal products among consumers has significantly influenced purchasing decisions, especially in the food industry. This study aims to analyze the influence of halal product attributes and brand image on consumer purchase decisions in Makassar. Using a quantitative research approach, data were collected through surveys distributed to consumers who frequently purchase food products. The analysis was conducted using multiple regression techniques to determine the relationship between the variables. The findings indicate that halal certification, product ingredients, and compliance with Islamic law significantly impact consumer trust and preferences. Additionally, brand image plays a crucial role in shaping consumer perceptions, influencing their likelihood of purchasing food products. The study highlights that consumers in Makassar prioritize halal aspects in their purchasing decisions, alongside brand reputation and product quality. These results provide valuable insights for food businesses to enhance their marketing strategies by emphasizing halal certification and strengthening their brand image. Future research could explore additional factors such as pricing and consumer loyalty to gain a more comprehensive understanding of purchasing behavior..
The Influence of Perceived Ease of Use on Behavioral Intention Through Perceived Usefulness as an Intervening Medium in Digital Payment DANA Hasmiana, Hasmiana; Syamsuddin, Fajar Rakasiwi
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1122

Abstract

The purpose of this study is to examine how behavioral intention to use the digital payment service DANA is influenced by perceived ease of use and how perceived usefulness functions as an intervening medium in this connection. The issue addressed is the poor acceptance rate of digital payment services, despite their excellent usability. A population survey of DANA users in Makassar is the methodology employed. Purposive sampling is the method utilized, and 150 respondents who have used DANA for at least six months were included in the sample. A questionnaire addressing the factors of perceived ease of use, perceived usefulness, and behavioral intention was used to gather data. The results of the linear regression analysis show that perceived ease of use has a positive and significant effect on perceived usefulness, which in turn positively affects behavioral intention. These results imply that improving the DANA application's usability can raise users' opinions of its value and, in turn, their desire to keep using the service. In order to design better user-friendly features and promote wider adoption, app developers can benefit greatly from the insights this research offers.
The Influence Of Community Participation And The Implementation Of Standard Unit Price Settings On The Quality Of Village Financial Reports In Moutong District Mulyawan , Mulyawan; Blongkod , Harun; Taruh , Victorson
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1145

Abstract

Research Aims: This study aims to determine the effect of community participation and the application of standard unit pricing on the quality of village financial reports in the Moutong District, both partially and simultaneously. Design/methodology/approach: This research uses a quantitative method with a descriptive quantitative approach. The primary data was collected through questionnaires distributed to village officials in the Moutong District. The study involved a sample size of 100 respondents, and the data was analyzed using multiple linear regression analysis. Research Findings: The results show that (1) community participation has a positive and significant effect on the quality of financial reports, (2) the application of standard unit pricing has a positive and significant effect on the quality of financial reports, and (3) simultaneously, community participation and the application of standard unit pricing significantly affect the quality of financial reports. The determination coefficient is 43.1%, indicating that 43.1% of the variability in the quality of financial reports can be explained by community participation and the application of standard unit pricing. Theoretical Contribution/Originality: This study contributes to the understanding of how community engagement and adherence to pricing standards impact the quality of financial reporting in village administrations, providing insights for improved governance and accountability in rural financial management (Book Antiqua 10pt). Research limitation and implication: The study is limited to village administrations in the Moutong District, and the findings may not be generalizable to other regions. Future research could explore additional factors influencing financial report quality or expand the geographic scope of the study. The results have implications for policymakers in enhancing community involvement and standard compliance to improve financial reporting practices.
Analysis Of Handling Of Fertilizer Raw Material Stock Delay Using Safety Stock And Reorder Point Methods In Gresik Fertilizer Company Nisa, Devy Ana Choirun; Aslamiyah, Suaibatul
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1167

Abstract

This research analyzes the handling of delays in stock of fertilizer raw materials at the Pupuk Gresik Company by applying the safety stock and reorder point methods. The main problem faced by the company is the lack of supply of raw materials due to short arrival times and seasonal demand, which has an impact on smooth production. This research uses a qualitative descriptive approach with observation methods, interviews with the President Director and Head of Operations, as well as analysis of historical data related to the use of raw materials, lead time and delivery delays. The research results show that companies still use manual recording in inventory management, which contributes to low accuracy in stock planning. By implementing the safety stock and reorder point methods, companies can determine the optimal amount of reserve inventory and more effective reorder points to achieve the desired service level (95%). The implementation of this method is expected to reduce the risk of delays in raw materials and increase operational efficiency at the Gresik fertilizer company.
Analysis Of Defect Reduction Using The Six Sigma Method In A Fertilizer Factory In Gresik Regency Pranata, Endru Jati; Santoso , Rahmat Agus
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1170

Abstract

This study analyzes efforts to reduce the defect rate at a fertilizer factory in Gresik Regency, a company that produces agricultural fertilizers, by implementing the Six Sigma method. The main problem faced by the company is the high level of product defects caused by human factors, methods, machines, and materials, which have an impact on fertilizer quality and production efficiency. This study uses a qualitative approach with the DMAIC (Define, Measure, Analyze, Improve, and Control) method to identify the main causes of defects and formulate improvement strategies. Data were collected through direct observation, interviews with the production and quality control teams, and analysis of documentation related to the level of product defects. The results of the study indicate that the main factors causing defects include lack of operator skills, inconsistency of production procedures, disruption to machines, and instability of raw material quality. By implementing the Six Sigma DMAIC method, the company can reduce the defect rate by improving workforce skills, standardizing work procedures, optimizing machine maintenance, and strict supervision of raw material quality. The implementation of this method is expected to improve the quality of fertilizer products and production efficiency at fertilizer factories in Gresik Regency
Full Costing Analysis of Power Generation Supply Costs: Differences Across Power Plant Types in 2023 Heryawan, Heryawan; Prasetyo, Tri Joko; Syaipudin, Usep
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1221

Abstract

Electricity production costs in power plants are closely linked to electricity tariffs (selling prices). To fund power generation, both direct and indirect costs, including basic and overhead costs, are calculated as components of the Power Generation Supply Cost (BPP). Changes in BPP components impact overall costs, affecting total BPP. This study aims to compare and analyze cost differences among PLN power plants and identify which types of power plants show significant cost variations. Conducted at PT PLN (Persero) in 2023, the research uses an exploratory descriptive method with quantitative data from financial reports and time-series data. The study examines four BPP subcategories across 38 power plants, grouped into six categories. Multivariate analysis is applied using SPSS. Results show that power plant groups significantly influence inefficiencies in BPP. Specifically, BPP A has inconsistent cost variations, with high deviations in fixed asset depreciation, leased asset depreciation, and loan expenses. Certain power plants show inefficiencies affecting BPP. PLTGU and PLTD contribute the highest costs in BPP A and BPP D, respectively. Overall, PLTU is the most efficient group, significantly impacting BPP elasticity.
Implementation of Total Quality Management (TQM) on Company Operational Performance Kadafi R , Muhammad; Junaidin, Junaidin; Yusri, Andi Irsandi
Jurnal Economic Resource Vol. 7 No. 2 (2024): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v7i2.1406

Abstract

This study aims to explain how implementing Total Quality Management (TQM) can improve a company’s operational performance. TQM is a management approach that focuses on continuous improvement, customer satisfaction, and employee involvement. By applying TQM principles such as quality planning, process control, and teamwork, companies can reduce waste, increase efficiency, and improve product or service quality. The study finds that companies that consistently apply TQM tend to achieve better productivity, faster response time, and higher customer satisfaction. Therefore, TQM is an effective strategy for improving overall operational performance.

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