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West Science Business and Management
Published by Westscience Press
ISSN : 29869374     EISSN : 2985816X     DOI : https://doi.org/10.58812/wsbm.v1i02
Core Subject : Economy, Science,
The Editors invite writers and experts to publish and share their ideas through scientific and empirical research in the field of Management and Business. The main objective of this publication is to improve theory, concept, and practice in the field of management and business. Dissemination of research will enable researchers, and practitioners to present and share their scientific empirical findings. We will be the bridge between theory and practice in management and business. The participation of well-known international experts on the editorial board is a guarantee of the sustainability and quality of publications as a contribution to the development of management and international business research. This will make it possible to introduce the latest empirical research findings to practitioners and academics. This journal will be of interest to both academics and practitioners. This journal is intended for researchers, lecturers, undergraduate and postgraduate students, and practitioners.
Articles 35 Documents
Coffee Machine Rental Business Model Analysis: Exploring Market Opportunities and Business Development Strategies Frans Sudirjo
West Science Business and Management Vol. 1 No. 03 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i03.103

Abstract

This research paper explores the business model analysis of coffee machine rental services in Bandung City, focusing on market opportunities and business development strategies. The study adopts a mixed-methods approach, incorporating qualitative and quantitative data collection methods. The findings reveal promising market opportunities within Bandung City's vibrant coffee industry, driven by the growing number of entrepreneurs and café owners seeking cost-effective solutions. Customer preferences and behavior analysis highlight the importance of high-quality coffee, consistent taste, efficiency, and convenience. The research identifies key business development strategies, including customer segmentation, value proposition, pricing, marketing, and partnerships. By implementing these strategies, coffee machine rental companies can effectively target customers, differentiate their services, optimize pricing, promote their offerings, and expand through collaborations. The research contributes to understanding the dynamics of the coffee machine rental market in Bandung City and provides valuable insights for industry players aiming to tap into its potential.
Analysis of Strategy Determination for Increasing the Competitiveness of the Active Pharmaceutical Ingridients Industry in Indonesia Anwar Wahyudi; Iha Haryani Hatta; Shirly Kumala
West Science Business and Management Vol. 1 No. 03 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i03.106

Abstract

The active pharmaceutical ingiridients industry is an infant industry in Indonesia. Efforts to carry out development have been made but have not been able to achieve the expected competitiveness so far. It is realized that competitiveness is an important part that can encourage the development of the active pharmaceutical ingiridients industry, so it is important to develop a useful strategy to develop the industry as expected. The formulation of the strategy is based on the statements of 16 experts who have experience in the pharmaceutical field in Indonesia. The analytical method used is descriptive qualitative analysis. The final results show that the government plays an important role in encouraging industrial development and increasing its competitiveness, so that it can ultimately encourage other industries.
Medical Device Industry Development in Indonesia Bintang Mukhammad Burhanudin Akbar; Meisya azalia Putri
West Science Business and Management Vol. 1 No. 03 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i03.116

Abstract

Demand for health products in Indonesia is increasing, with an estimated annual growth of 11.9% until 2024. This is driven by population growth and public awareness of the importance of health. Indonesian government believes developing medical devices industry is essential in supporting health resilience in Indonesia. The development and marketing of medical devices does not only focus on the benefits of a product but requires planning and control so that the product can be safe and effective for users, such as by paying attention to quality standardization, patient safety, regulation, and market licensing. This exploratory qualitative research approach yields results in the form of patterns that can increase the availability of safe and quality medical devices, namely 1) research and development of medical devices, 2) regulation of medical devices, 3) assessment of medical devices (health technology evaluation), and 4) management of medical devices (health technology management). The results of this trial will provide valuable information on the process of developing medical device products to choose an approach that suits your needs and conditions.
The Role of Online Education in Encouraging Employee Empowerment in the Digital Era : A Study on E-commerce companies Eri Mardiani; Eva Yuniarti Utami
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.209

Abstract

In the rapidly evolving landscape of the digital age, employee empowerment within organizations has become a critical success factor. This research explores the role of online education in enhancing employee empowerment, focusing on an e-commerce company operating in Indonesia. A quantitative method approach, and a quantitative survey to collect data from 100 respondents. Findings showed that most participants perceived the online education program to have a positive impact on their empowerment. This perception underscores the value of online education in providing employees with the necessary skills, knowledge and autonomy to thrive in the digital age. This study contributes valuable insights for organizations looking to leverage online education as a means to empower their workforce and navigate the challenges of the digital age.
Market Dynamics and Investor Perceptions After the Acquisition of Shares by GoTo Directors: A Case Study of the Impact of Management Attitudes on Market Sentiment and Stock Performance Eri Mardiani; Maiza Fikri; Atika Atika
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.213

Abstract

This research explores the intricate relationship between management attitudes, investor perceptions, market sentiment, and stock performance within the context of GoTo directors' share acquisitions. Using a case study approach, interviews with key stakeholders and surveys of retail and institutional investors were conducted to gather primary data. The results reveal a complex interplay of factors: management attitudes driving acquisitions, mixed investor perceptions, short-term market dynamics influenced by behavioral biases, and limited long-term effects on stock performance. These findings emphasize the importance of transparency in corporate governance and the need for communication strategies that address investor concerns. While share acquisitions can generate short-term market reactions, long-term stock performance is influenced by broader economic and industry-specific factors. The study contributes to our understanding of corporate governance and investor relations dynamics and their implications for both investors and corporate leaders.
Opportunities and Challenges of the South Papua Railway Development Project: A Transportation Infrastructure Sustainability Perspective Siti Aisyah; Ilham Sentosa
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.214

Abstract

The South Papua Railway Development Project is an important effort to improve transportation connectivity in the region, which promises both opportunities and challenges from a sustainability perspective. This research methods paper adopts a mixed methods approach to comprehensively investigate the project's potential impacts on environmental, social, and economic sustainability. The findings reveal a complex landscape where economic growth and improved accessibility are juxtaposed with environmental concerns, community displacement, and cultural preservation challenges. To improve overall sustainability, recommendations include strong environmental mitigation, community engagement, cultural preservation, and effective cost management. This study underscores the need for a balanced development strategy that considers community welfare and ecosystem conservation, thus paving the way for responsible and sustainable infrastructure projects in South Papua.
Financial Impact of Air Pollution on BPJS Health Budget: Case Study of Financial Impact Due to Increased Health Claims Due to Air Pollution Alfiana; Irwan Moridu; Nurul Afifah
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.226

Abstract

Air pollution poses a significant threat to public health and the financial sustainability of the healthcare system, especially in densely populated urban areas such as Jakarta, Indonesia. This study investigates the financial impact of air pollution on the BPJS Kesehatan budget in Jakarta, focusing on the increase in health claims caused by air pollution-related diseases. A mixed methods approach, including quantitative data analysis and qualitative insights from stakeholders, was used to provide a comprehensive understanding of the issue. The quantitative analysis showed a significant positive relationship between air pollution indicators (PM2.5, NO2) and health claims, as well as large direct and indirect costs associated with air pollution-related healthcare expenditure. Qualitative findings highlighted factors contributing to the increase in health claims, including worsening air quality, lack of preventive measures, and challenges in healthcare access. This research provides recommendations to policymakers to address air pollution, improve healthcare outcomes, and maintain the financial health of the BPJS Kesehatan system. This research underscores the urgency of addressing air pollution as a public health and economic necessity.
Analysis of the Impact of Changes in Directors, IT Directors, and Risk Management of BSI (BRIS) on Information Technology Performance and Security and Risk Control at one of the BSI Bank Branches in Bandung City Irwan Moridu; Erwina Kartika Devi; Pini Susanti; Siti Fatimah
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.227

Abstract

This research studies the complex dynamics of leadership transitions in the banking sector, specifically focusing on the impact of changes in executive leadership positions - Director, IT Director, and Risk Management personnel - on Information Technology (IT) performance, IT security, and risk control at BSI Bank branches located in Bandung City. In today's rapidly evolving financial landscape, characterized by technological innovation and cybersecurity challenges, understanding how leadership changes affect these important aspects is critical. This research utilizes a mixed methods approach, combining surveys, interviews, and document analysis, to comprehensively explore the topic. The findings of this research reveal that leadership transitions exert a marked influence on IT performance, IT security, and risk control, underscoring the need for proactive strategies and effective alignment between leadership and IT and risk management teams. This research offers insights that are not only valuable to BSI Bank, but also pertinent to similar financial institutions navigating leadership changes while maintaining high standards in IT operations, security, and risk management.
Impact of Export-Import Policy Changes on the Local Shrimp Fishing Industry: A Case Study of Shrimp Trade Deregulation in Indonesia Sidrotun Naim
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.233

Abstract

Indonesia's shrimp fishing industry, which is one of the pillars of the country's economy, has undergone a significant transformation driven by changes in import-export policies, including the deregulation of shrimp trade. This study investigates the various impacts of these policy changes on the local shrimp fishing sector. Using a mixed methods approach, we collected and analyzed qualitative and quantitative data. Findings show that trade deregulation has increased shrimp production and employment opportunities. However, income disparities among industry stakeholders and sustainability challenges have emerged. Policy recommendations emphasize the need to balance economic growth with environmental stewardship and income redistribution to ensure a sustainable and equitable future for the shrimp fishing industry in Indonesia.
The Influence of Safety Commitment, Implementation of SOP, Supervision and Competency on Work Accidents At PT. Haleyora Power Unit Service Pekanbaru Maulana Yazid Al Annuri; Mohammad Riza Sutjipto; Muhammad Awaluddin
West Science Business and Management Vol. 1 No. 04 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i04.238

Abstract

This research was conducted to determine the effect of Safety commitment, implementation of SOPs, supervision, and competence on work accidents at PT. Haleyora Power Unit Service Pekanbaru. The object of this research is technical service officers. This research is quantitative and descriptive. The data source in this research is primary data obtained by collecting answers from respondents through a questionnaire. The total number of respondents used was 263 employees. This research uses linear regression analysis with data processing using SPSS 26. The results of partial and simultaneous hypothesis testing show that the sig value is <0.05, which means that Safety commitment, application of SOPs, supervision, and competence influence work accidents. In the multiple value regression test, negative coefficient values were obtained for the three independent variables, which means that the higher the Safety commitment, implementation of SOPs, supervision, and competence, the smaller the number of work accidents that occur.

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