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INDONESIA
Indonesian Journal of Business and Entrepreneurship (IJBE)
Published by Institut Pertanian Bogor
ISSN : 24075434     EISSN : 24077321     DOI : -
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Indonesian Journal of Business and Entrepreneurship (IJBE) publishes information of empirical research and reviews in business and entrepreneurship. IJBE is published by School of Business, Bogor Agricultural University (SB-IPB) associated with Indonesian Alliance of Magister Management Program (APMMI). IJBE was first published at the beginning of 2015 with three issue per year in January, May, and September. Editor receives articles of empirical research and reviews in business and entrepreneurship.
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Articles 7 Documents
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Search results for , issue "Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017" : 7 Documents clear
IMPROVING PERFORMANCE OF BISCUIT PRODUCTION PROCESS THROUGH LEAN SIX-SIGMA AT PT XYZ Ahmad Mukti Almansur; Sukardi Sukardi; Machfud Machfud
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.77

Abstract

This research aims to analyze waste or loss using the 7-waste approach and value added/non value added activities in the production process at PT. XYZ. This research also aims to evaluate the production process capability and sigma values at PT. XYZ and used DMAIC technique (Define, Measure, Analysis, Improvement, and Control) from Lean Six-sigma with an analysis using Failure Mode and Effect Analysis (FMEA). The results of the research obtained the values of Process Cycle Efficiency (PCE) of 47.29%, CTQ (Critical to Quality) and process capability value in the form of Cpm (Capability Index) for each process stage and yield. Line-5 has DPMO (Defects per Million Opportunities) value of 29,632,607 with a Sigma Score 3.39, and FMEA (Failure Mode and Effect Analysis) analysis resulted in recommendations for improvement at each process stage.Keywords: process cycle efficiency, biscuit, lean six-sigma, CTQ, CpmABSTRAKPenelitian ini bertujuan melakukan analisis tingkat pemborosan (waste/loss) dengan menggunakan pendekatan 7 waste dan value added/non value added activity dalam proses produksi di PT. XYZ. Selanjutnya, melakukan evaluasi terhadap nilai kapabilitas proses produksi dan nilai sigma di PT. XYZ. Penelitian ini menggunakan teknik DMAIC (Define, Measure, Analysis, Improvement, and Control) dari Lean Six Sigma dengan Analisis menggunakan menggunakan alat Failure Mode and Effect Analysis (FMEA). Hasil Penelitian mendapati nilai Process Cycle Efficiency (PCE) 47.29%, CTQ (Critical to Quality) dan nilai kapabilitas proses berupa Cpm (Capability Index) setiap tahapan proses dan Yield. Line-5 memiliki DPMO (Defects Per Million Opportunities) sebesar 29632.607 dengan Sigma Score 3.39 Sigma, analisis FMEA(Failure Mode and Effect Analysis) menghasilkan rekomendasi perbaikan di setiap tahapan proses.Kata kunci: process cycle efficiency, biskuit, lean six sigma, CTQ, Cpm
FACTORS INFLUENCING THE LEARNING SUCCESS OF MASTER STUDENTS AT IPB BUSINESS SCHOOL (SB-IPB) Maya Wulan Arini; DS Priyarsono; Rokhani Hasbullah
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.90

Abstract

Business School of IPB (SB-IPB) has a low level of completing of study for its master program students on-time. Based on the report of SB-IPB 2015, only 0.8% of students graduating in 2014/2015 successfully completed their study in the normal time of thesis writing. This study aims to identify what factors cause the students unable to complete their thesis on time, thus affecting their learning success. The primary data in this study came from interviews to the students of year 2011/2012, while the secondary data were obtained from the academic section of SB-IPB. Determination of the number of samples was done using slovin formula obtaining 80 students as the respondents. The data analysis method used was SEM with PLS method. The results of the research indicate that the indicator that has a dominant role on the student characteristics is employment status while the dominant role indicators on the process of thesis writing are the suitability of area of interest and the administrative process. The value of the characteristics of students significantly affecting the process of their thesis writing is-0.283, and this indicates that students who are full time workers have a number of constraints in their thesis writing process. Likewise, the process of the thesis writing has a significant influence on the success of the study i.e. 0.346, and it means that the easier the process of thesis writing, the greater the success of their study. The academic division is expected to be more active in controlling the students who are in the process of writing their thesis, especially for the class whose students work full time so that it can well support the learning success of the students.Keywords: business school, master program, success of the study, PLS, SEMABSTRAKMahasiswa program magister di sekolah bisnis IPB (SB-IPB) memiliki tingkat ketepatan penyelesaian studi yang masih rendah. Berdasarkan laporan SB IPB 2015, hanya 0.8% mahasiswa yang lulus tahun 2014/2015 berhasil menyelesaikan studi dalam waktu normal penyusunan tesis. Penelitian ini bertujuan untuk mengidentifikasi faktor-faktor apa saja yang menyebabkan mahasiswa terlambat menyelesaikan tesis yang berdampak pada keberhasilan studi. Data primer dalam penelitian ini bersumber dari wawancara kepada mahasiswa tahun angkatan 2011/2012, sedangkan data sekunder bersumber dari bagian akademik SB-IPB. Penentuan jumlah sampel menggunakan rumus slovin diperoleh 80 mahasiswa sebagai responden. Metode analisis data yang digunakan, yaitu SEM dengan metode PLS. Hasil penelitian menunjukkan bahwa Indikator yang berperan dominan terhadap karakteristik mahasiswa yaitu status pekerjaan, sedangkan indikator yang berperan dominan terhadap proses penyusunan tesis yaitu kesesuaian bidang minat dan proses administrasi. Karakteristik mahasiswa signifikan memengaruhi proses penyusunan tesis sebesar -0.283. Artinya, mahasiswa yang aktif bekerja akan menghambat proses penyusunan tesisnya. Demikian juga proses penyusunan tesis berpengaruh signifikan pada keberhasilan studi sebesar 0.346. Artinya, semakin mudah proses penyusunan tesis maka akan semakin menigkatkan keberhasilan studi. Divisi akademik diharapkan dapat lebih aktif mengontrol mahasiswa yang sedang dalam proses penyusunan tesis terutama pada kelas yang mayoritas aktif bekerja untuk menunjang keberhasilan studi mahasiswa yang lebih baik.Keywords: sekolah bisnis, program magister, keberhasilan studi, PLS, SEM
AN ANALYSIS ON CUSTOMER SATISFACTION, TRUST AND LOYALTY TOWARD ONLINE SHOP (A CASE STUDY OF TOKOPEDIA.COM) Ayudya Dhiranty; Budi Suharjo; Gendut Suprayitno
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.102

Abstract

In reference to the results of national research conducted by the Association of Internet Service Providers Indonesia (APJII) in cooperation with PusKaKom UI, the number of internet users (88.1 million) and its penetration (34.9%) in Indonesia has gradually increased. Also, the research identifies the issues of satisfaction, trust and loyalty in online shopping. The presence of actors in e-commerce business benefits the customers to personally choose the site to shop. The strategies to keep customer satisfaction trust and loyalty on one site challenge the actors in the business. In this regard, this paper examines customer satisfaction, trust and loyalty in online shopping in reference to the Quality User Interface (UIQ), Information Quality (IQ), Perceived Security Risk (PSR) and Perceived Privacy (PP) variables with case studies On Tokopedia.com. The study was conducted with 211 respondents by using self-administrated questionnaires in Survey Monkey platform in Jakarta and Bogor. The data were analyzed by using Structural Equation Modeling (SEM). Thus, the results show that the variables of UIQ, IQ, PSR and PP have an influence on satisfaction and trust. The variable of satisfaction has an influence on trust. However, these variables have no direct influence on loyalty.Keywords: e-commerce, satisfaction, trust, loyalty, SEMABSTRAKHasil riset nasional yang dilakukan oleh Asosiasi Penyelenggara Jasa Internet Indonesia (APJII) bekerjasama dengan PusKaKom UI, pengguna internet Indonesia (88.1 juta) dan penetrasinya (34.9%) mengalami peningkatan. Namun, dari riset juga ditemukan bahwa adanya isu-isu kepuasan, kepercayaan dan loyalitas dalam berebelanja online. Adanya banyak pelaku dalam bisnis ecommerce membuat konsumen memiliki keuntungan untuk memilih situs yang menjadi tempat berbelanja. Bagaimana membuat konsumen terpuaskan dan percaya sampai dengan setia pada satu situs menjadi tantangan para pelaku bisnis. Sehubungan dengan hal tersebut, tulisan ini akan meneliti kepuasan, kepercayaan dan loyalitas konsumen dalam berbelanja online yang ditnjau dari variabel User Interface Qualiy (UIQ), Information Quality (IQ), Perceived Security Risk (PSR) dan Perceived Privacy (PP) dengan studi kasus pada Tokopedia.com. Penelitian dilakukan dengan 211 responden menggunakan self-administrated questionnaire dengan platform SurveyMonkey di Jakarta dan Bogor. Analisis data menggunakan Sturctural Equation Modeling (SEM). Hasil menunjukan bahwa variabel UIQ, IQ, PSR dan PP mempunyai pengaruh terhadap kepuasan dan kepercayaan. Variabel kepuasan mempunyai pengaruh terhadap kepercayaan. Namun variable tersebut tidak berpengaruh langsung kepada loyalitas.Kata kunci: ecommerce, kepuasan, kepercayaan, loyalitas, SEM
THE EFFECT OF WORKING CAPITAL ON THE PROFITABILITY OF PALM OIL PLANTATION COMPANIES Tania Prafitri; Dwi Rachmina; Tubagus Nur Ahmad Maulana
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.111

Abstract

Management decisions related to working capital are based on the management of short-term assets and liabilities, aiming to ensure that the company is able to maintain the operations and have sufficient cash flows to finance short-term debt maturities and operational costs, as well as to improve the profitability of the company. The objective of this study is to examine the effect of working capital management on company profitability. Working capital is considered to be an important issue in financial management and have an effect on liquidity as well as on the company profitability. In addition, optimized working capital management contributes greatly to the achievement of company objectives. The secondary data were taken from the annual reports of 6 oil palm plantation companies registered in the Indonesia Stock Exchange (IDX) during the year 2009-2015. Profitability as a dependent variable was measured by return on investment (ROI). Cash conversion cycle (CCC), current ratio (CR), financial debt ratio (FDR), and fixed financial asset ratio (FFAR) are independent variables. The analytical model used in this study was panel regression by using Fixed Effect Model. The results showed that there is a negative effect of working capital on profitability. Profitability will increase as cash cycle conversion cycle decreases. This is because companies with short cash conversion cycle are able to collect the cash needed for the company's day-to-day operations.Keywords: working capital, cash conversion cycle, current ratio, debt ratio, fixed assets ratio. profitabilityABSTRAKKeputusan manajemen yang berkaitan dengan modal kerja didasari oleh cara pengelolaan antara aset dan kewajiban jangka pendek, hal ini bertujuan untuk memastikan bahwa perusahaan mampu untuk melanjutkan kegiatan operasional dan memiliki arus kas yang cukup untuk membiayai hutang jangka pendek yang jatuh tempo dan biaya kegiatan operasional, serta untuk meningkatkan profitabilitas perusahaan. Tujuan dari makalah ini adalah menganalisis pengaruh manajemen modal kerja terhadap profitabilitas perusahaan. Modal kerja dianggap sebagai masalah yang penting dalam manajemen keuangan dan memiliki efek pada likuiditas serta pada profitabilitas perusahaan. Selain itu, manajemen modal kerja yang optimal memberikan kontribusi yang besar dalam pencapaian tujuan perusahaan. Penulis menggunakan data sekunder yang bersumber dari laporan tahunan 6 perusahaan perkebunan kelapa sawit  yang terdaftar di Bursa Efek Indonesia (BEI) selama tahun 2009–2015. Profitabilitas sebagai variabel dependen diukur dengan return on investment (ROI).Cash conversion cycle (CCC), current ratio (CR), financial debt ratio (FDR), dan fixed financial asset ratio (FFAR) merupakan variabel independen. Model analisis yang digunakan adalah model regresi panel menggunakan Fixed Effect Model. Hasil penelitian menunjukkan bahwa ada pengaruh negatif dari modal kerja terhadap profitabilitas. Profitabilitas akan bertambah saat waktu siklus konversi kas berkurang.  Hal ini dikarenakan perusahaan yang memiliki waktu siklus konversi kas yang pendek mampu mengumpulkan kas yang diperlukan untuk operasional sehari-hari perusahaan.Kata kunci: modal kerja, siklus konversi kas, rasio lancar, rasio hutang, rasio aktiva tetap  profitabilitas
HOW INNOVATION ENCOURAGES SELF EFFICACY TO SUPPORT BUSINESS START UP SUCCESS? Srinathasya Br Sitepu
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.121

Abstract

A business start up is identical to a new business run by an entrepeneur to gain profit. The research is to analyze the function of the entrepreneurship training given by Universitas Ciputra Surabaya to the villagers in Desa Mojowarno.  The objectives of the research are: 1) to learn the proper innovation technique to increase the self efficacy of the entrepreneur/participant, 2) to understand the impact of the increased self-efficacy towards the business continuity managed by the entrepreneur/participant. The research method used is qualitative descriptive analysis with the subject of the research are entrepreneurs (ten training participants) who managed banana trunk chips in Mojowarno. The validation technique used in this research is triangulation data method with participative observation, in depth interview and documentation (photo and video of the participants’ capability). The result of the research: 1) Innovation realization (5+1 concept) succeeded in increasing the self efficacy of the participants (ten training participants); 2) The self-efficacy increase provides a positive impact (business increase) so that the entrepreneur has an additional income. It is suggested that the entrepreneur must keep on innovating innovated to increase their self-efficacy so that the business can improve the continuity.Keywords: descriptive qualitative, innovation, self-efficacy, business entrepreneur start up, trainingABSTRAKStart-up bisnis identik dengan usaha baru yang dijalankan oleh seorang entrepreneur untuk mendapatkan keuntungan. Penelitian ini menganalisis peran pelatihan kewirausahaan yang diberikan Universitas Ciputra Surabaya kepada masyarakat Desa Mojowarno. Tujuan penelitian ini terdiri dari: 1) mengetahui teknik yang tepat untuk berinovasi guna meningkatkan self-efficacy dari entrepreneur/peseta yang mengikuti pelatihan, 2) Mengetahui dampak dari peningkatan self-efficacy terhadap keberlangsungan bisnis yang dijalankan oleh entrepreneur/peserta pelatihan kewirausahaan. Metode penelitian menggunakan analisis kualitatif deskriptif dengan subjek penelitian adalah entrepreneur(sepuluh orang peserta pelatihan kewirausahaan) yang menjalankan bisnis keripik bonggol pisang di Mojowarno. Teknik validasi dalam penelitian menggunakan metode triangglasi data dengan observasi parisipatif, wawancara mendalam, dan dokumentasi (foto dan video kemampuan peserta). Hasil penelitian: 1) Realisasi inovasi(konsep 5+1) berhasil mendorong peningkatan self-efficacy dari entrepreneur(sepuluh peserta pelatihan), 2) Peningkatan self-eficacy memberikan dampak positif(peningkatan bisnis) sehingga entrepreneur(peserta pelatihan) sudah memiliki pendapatan tambahan. Saran bagi entrepreneur harus terus berinovasi untuk peningkatan self-efficacy sehingga peningkatan bisnis terus berlangsung. Kata kunci: kualitatif deskriptif, inovasi, self-efficacy, start-up bisnis,entrepreneur, pelatihan
DESIGNING STRATEGIES FOR IMPROVING TOTAL QUALITY MANAGEMENT IN MANUFACTURING INDUSTRIES Alfian Nur Ubay; Marimin Marimin; Yandra Arkeman
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.131

Abstract

This research was aimed at designing strategies for improving total quality management at CV XYZ and PT HIJ. The research locations were selected intentionally with the consideration that the company is a middle class company that started to apply a study in line with the research topic. The experts were chosen using an approach method. This research used a descriptive approach and quantitative analysis through questionnaires using purposive sampling. The stages began with data processing, i.e. testing the questionnaire quality through validity and reliability tests, making a causality diagram, evaluating the implementation levels of each company by giving evaluation scales based on the existing condition, making House of Quality (HOQ) using QFD methods, and then analyzing the problem solutions produced from the QFD methods with 5W + IH analysis, and finally determining the improvement priorities using Fuzzy AHP methods. The results were the strategies for improving total quality management /TQM of CV XYZ, namely the factor that plays the most important role was improving the quality management performance. The actor that has the competence to carry out the TQM improvement is the director. The prioritized goal to be achieved is a commitment to improve the quality of goods and services.  The prioritized strategy used in improving TQM is carrying out SOP consistently.Keywords: strategies, improvement, TQM, manufacturing company, fuzzy AHPABSTRAKPenelitian ini bertujuan merancang strategi peningkatan manajemen mutu terpadu pada CV XYZ dan PT HIJ. Pemilihan lokasi penelitian dilakukan secara sengaja dengan pertimbangan bahwa perusahaan tersebut merupakan perusahaan kelas menengah yang mulai menerapkan kajian sesuai dengan topik penelitian. Penentuan pakar dilakukan dengan metode pendekatan secara sengaja. Adapun penelitian ini menggunakan pendekatan deskriptif dan analisa kuantitatif dengan menyebarkan kuesioner secara sengaja (purposive sampling), dengan tahapan pengolahan data yaitu menguji mutu kuesioner melalui uji validitas dan reliabilitas, kemudian menyusun diagram sebab-akibat, menilai tingkat implementasi dari masing-masing perusahaan dengan memberikan skala penilaian berdasarkan kondisi yang ada, menyusun House of Quality (HOQ) dengan menggunakan metode QFD, kemudian analisa penyelesian masalah yang dihasilkan dari penyusunan QFD menggunakan analisa 5W + 1H dan setelah itu menentukan prioritas perbaikan dengan menggunakan metode Fuzzy AHP. Hasil dari penelitian ini yaitu strategi peningkatan manajemen mutu terpadu/TQM di perusahaan CV XYZ dirumuskan sebagai berikut. Faktor yang paling berperan adalah peningkatan kinerja manajemen mutu. Kemudian aktor yang memiliki kompentensi dalam menjalankan peran peningkatan TQM adalah direktur. Kemudian tujuan yang priortitas harus dicapai adalah komitmen meningkatkan kualitas barang & jasa. Kemudian untuk strategi prioritas yang digunakan dalam peningkatan TQM adalah melaksanakan SOP dengan konsisten.Kata kunci: strategi, peningkatan, TQM, perusahaan manufaktur, fuzzy AHP
ENTREPRENEURIAL COMPETENCY AS DETERMINANT FOR SUCCESS OF FEMALE ENTREPRENEURS IN NIGERIA Mohammed Kabir; Hazril Izwar Ibrahim; Khairul Anuar Mohammad Shah
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 3 No. 2 (2017): IJBE, Vol. 3 No. 2, May 2017
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.3.2.143

Abstract

This study aimed at examining the direct relationship between entrepreneurial competency and firm performance of female Entrepreneurs in Nigeria. The data were collected from respondents via the use of questionnaires, and were analysed using SPSS and Smart PLS 3.0. Evidence put forward indicated that for female Entrepreneurs in Nigeria to succeed in running their businesses effectively and efficiently, they need to equip themselves with necessary competencies. The findings revealed that strategy, opportunity and organizing competencies have positive direct relationship with firm performance.Keywords: competency, entrepreneur, firm performance, Nigeria, PLSABSTRAKPenelitian ini bertujuan menguji hubungan langsung antara kompetensi kewirausahaan dan kinerja pengusaha wanita di Nigeria. Data dikumpulkan dari responden melalui penggunaan kuesioner, dan dianalisis dengan menggunakan SPSS dan Smart PLS 3.0. Bukti yang diajukan menunjukkan bahwa agar pengusaha wanita di Nigeria berhasil menjalankan bisnis mereka secara efektif dan efisien, mereka perlu melengkapi diri dengan kompetensi yang diperlukan. Temuan tersebut mengungkapkan bahwa strategi, peluang dan kompetensi pengorganisasian memiliki hubungan langsung yang positif dengan kinerja perusahaan.Kata kunci: kompetensi, pengusaha, kinerja perusahaan, Nigeria, PLS

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