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INDONESIA
Indonesian Journal of Business and Entrepreneurship (IJBE)
ISSN : 24075434     EISSN : 24077321     DOI : -
Core Subject : Economy, Science,
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.
Arjuna Subject : -
Articles 273 Documents
ANALYSIS OF COFFEE FARMERS’ DECISION TO TAKE CREDIT IN PATI REGENCY Stevana Astra Jaya; Harianto Harianto; M. Parulian Hutagaol
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 2 (2016): IJBE, Vol. 2 No. 2, May 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.2.93

Abstract

Coffee Commodities in Pati were undeveloped compared to some other areas in Central Java as a coffee production center. Coffee farmers have some problems in the production of coffee: scarcity of subsidized fertilizers, difficulty to take credit, lack of  dried coffee beans, and damaged roads that lead to expensive production costs. Coffee farmers play a role in the  production activities as decision makers that will directly affect income. The aim of this research was to identify factors that influence the decision of coffee farmers to take credit. The study was conducted in coffee plantations of Klakahkasihan Village, Gembong, Pati. Cross-section data from Sido Makmur farmer group in Klakahkasihan village were collected directly from 52 respondents. They were 32 farmers who took and 20 farmers who did not take credit.  The method used to analyze was probit method analysis. The results showed that the land area and the age of coffee plant variables had a negative coefficients, which means the smaller the land area and the younger the coffee plants, the higher the chances to take the credit. While the number of family members had a positive coefficient, which means that the greater the number of family members, the more chances farmers will take credit. Based on the above results it can be concluded that the farmer's decision to take credit is not for production process, but for other purposes.Keywords:farmer decisions, access credit, coffee plantation,Sido Makmur farmer groups, Pati
BEHAVIOR ANALYSIS OF CONSUMER COMPLAINT Andrie Prasetyo; Hartoyo Hartoyo; Netti Tinaprila
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 2 (2016): IJBE, Vol. 2 No. 2, May 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.2.101

Abstract

Complaining is one form of communication for consumers to express their dissatisfaction. Understanding the consumer complaint behavior is an important thing for businesses; however, it is not easy to do. The initial step in understanding this behavior of consumer complaints is to map consumers based on their behavior of complaints and analyze the factors that influence this. This study examines the complaint behavior of consumers in Cibubur who have experienced dissatisfaction with a product.  The objectives of this study are to map the consumer complaint behavior and identify its relationship with various factors such as consumer demographics, personality, attitude to businesses, attribution of the causes of dissatisfaction, and product attributes. A crosstab descriptive analysis method was used to map the consumers, while the Pearson correlation analysis methods was used to analyze consumer complaint behavioral relationships with various factors. The results of this study indicated that consumers in Cibubur based on their complaint behavior are classified into four groups: passive, voicers, irates and activist. The passive consumers dominate the category with a percentage of 49%.  The voicers, irates, and activist belong to the complaining type and are dominated by young women, with high levels of education and income. Keywords: consumer complaint behavior, product, crosstab, pearson correlation
THE EFFECT OF REMUNERATION ON MOTIVATION THAT IMPLICATES EMPLOYEE’S PERFORMANCE IN XYZ COMPANY Aldi Cahyanugroho; Musa Hubeis; Hari Wijayanto
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 2 (2016): IJBE, Vol. 2 No. 2, May 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.2.112

Abstract

PT XYZ is foreign investment company on food and beverages manufacturer with health benefit positioning. PT XYZ is willing to consistent of safety, quality and productivity (SQP) aspect, therefore should be encouraged by high quality human resources. Employee motivation was stimulated by remuneration program in order to increase employee performance in PT XYZ.  The aim of this study was to analyze remuneration effect towards employee motivation and it’s implication to employee performance at PT XYZ using employee perception. The population of this study is taken from staff level to supervisor level from 10 Departments. The numbers of sample are 132 people. The sampling technique used in the study was stratified with purposive and convenience sampling method with the analytical method using Structural Equation Modeling (SEM). The result of this study shows remuneration has significant effect towards employee motivation and employee performance, while motivation has insignificant effect towards employee performance. SEM results show each highest coefficient are wages based on needs indicator at remuneration variable, individual development indicator at variable motivation and obedience indicator at employee performance variable. Management of PT XYZ should be maintaining components of remuneration, motivation and employee performance that’s already had good score and also pay attention to component of remuneration which has low score index to enhance employee motivation and also employee performance.Keywords: employee motivation, employee performance, remuneration, SEM
THE INFLUENCE OF SOCIO-DEMOGRAPHIC FACTORS ON JOB STRESS LEVEL IN FOREIGN-OWNED MANUFACTURING COMPANIES IN OGUN STATE, NIGERIA Ajibade David
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.139

Abstract

This study examined the influence of socio-demographic factors on level of job stress in foreign-owned manufacturing companies in Ogun State, Nigeria with the specific objectives of investigating level of job stress as well as the socio-demographic characteristics influencing the job stress level. This study used cross sectional analytical design with quantitative approach. Data were collected using structured questionnaire and the data collected were statistically analyzed using percentage and weighted mean; while the hypotheses formulated were tested using spearman rank correlation and multiple regressions. The results of the study showed that with the exception of gender (P<0.05; coeff r = -0.003), and employees’ department (P<0.05; coeff r = -0.003) that impacted negatively on employees stress level, other socio-demographic characteristics such as age (P<0.05: coeff r = 0.074), marital status (P<0.05; coeff r = 0.125), educational level (P<0.05; coeff r = 0.037), employees’ cadre (P<0.05; coeff r= 0.038), years of working experience (P<0.05; coeff r= 0.146), income (P<0.05; coeff r= 0.025) and employees’ position (P<0.05; coeff r= 0.103) had positive impacts on the employees’ job stress level. This concludes that socio-demographic factors exert significant influence on employees’ job stress level. It is recommended that employers should always take into consideration employees’ socio-demographic characteristics when assessing their job stress level because it can provide useful information on specific individual characteristics influencing stress level in workplace.  Keywords: socio-demographic, stress, employees, cross sectional analytical, Ogun
CLUSTER OF INDONESIA KABUPATEN-KOTA POTENTIAL IN DEVELOPING FOOD CROP AND HORTICULTURE COMMODITIES Imam Wahyudi; Nunung Nuryartono; Amzul Rifin
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.151

Abstract

Identification of potential areas in an agricultural sector is needed in order to meet the national food needs, among others, by carrying out mapping the potential areas through clustering the Kabupaten-Kota in Indonesia, especially on imported agricultural commodities of food crops and horticultures. The use of cluster analysis with top-down clustering method (K-means) produces the best cluster. Of 268 regencies-cities, there are 7 clusters, namely Cluster 1 consisting of 154 regencies, Cluster 2 consisting of 2 regencies, Cluster 3 consisting of only1 regency, Cluster 4 consisting of 8 regencies, Cluster 5 consisting of 24 regencies, Cluster 6 consisting of 75 regencies, and Cluster 7 consisting of 4 regencies. Each cluster has its own dominant commodity characteristics.  The results of typology klassen on constructed clusters show that food crop and horticulture commodities have grown well and fast. Out of 13 commodities, there are 7 major commodities: Cluster 1: rice and corns; Clusters 2, 3 and 7: cassava; Cluster 4: corns, cassavas and chilly; Cluster 5: apples; Cluster 6: corns, shallots, and garlic. Six other commodities do not grow well, namely sorghum, potatoes, soybeans, peanuts, oranges, and grapes. The potential lack of an area is due to the plants’ low productivity, which is mainly because of plant pests, highly operational cost, climates and natural disasters. Keywords: imports, food crops, horticulture, cluster, and leading sector.
AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE Fitry Primadona; Ujang Sumarwan; Mukhamad Najib
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.165

Abstract

The purposes of this study were 1) to analyze the decision model of Smart Plus insurance product purchase and 2) to determine the criteria, sub-criteria, and alternative priorities in Smart Plus purchase decision model. The methods utilized in the study included a survey and interview (in-depth interview) by using an AHP analysis (Analytical Hierarchy Process) and processing software of "Expert Choice". The result of the first analysis indicated the four marketing mixes that had been performed (Price, Product, Process, and Place); while the second one showed that the purchase of Smart Plus product is based on the factors with the level of interest as follow: benefit (36.3%), premium (35.7%), membership process (14.6%), and provider (13.4%). The result of the second analysis revealed the important sub-criteria including premium offer, additional benefits, membership card, and temporary certificate from the medical specialist.Keywords: AHP, life insurance, marketing mix, purchase decision
THE IMPACT OF ACQUISITION ON FINANCIAL PERFORMANCE OF PT. ABC Novian Zen; Noer Azam Achsani; Trias Andati
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.177

Abstract

This study aimed to analyze the financial performance of the subsidiary company (PT ABC) before and after acquired by the holding company (PT XYZ). The examined ratios of the financial performance were profitability and capital structure for the period of 2010-2014. This study utilized the t test tool. In the first and second year after the acquisition, the result shows that with the existence of business synergy, there was a change in financial performance although it was insignificant. Furthermore, in the third year, there was absolutely no change; however, in the fourth year, there was an insignifant change. The implications of this research indicates the motive or objective of the shareholders (K-State-owned Enterprises) in assigning the holding company (XYZ) to restructure the financial performance and improve capital structure of its subsidiary company (PT ABC) by conducting a business synergy has not been reached.Keywords: acquisition, financial performance, improved capital structure, business synergy and financial reports
THE EVALUATION ON THE FINANCIAL PERFORMANCE OF PAPER AND PULP COMPANIES IN INDONESIA Rinaldi Syahran; Dedi Budiman Hakim; Dadang Sukandar
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.187

Abstract

In 2013, the government has made the pulps and papers industries into a strategic sector. The decision to make the pulp and papers as the strategic sector,  proved that the government  is serious in developing companies in this sector. However, in the same year the producer’s margin in the Asia market has dropped. Hence, due to the two reasons, the financial performance of the Pulps and Papers in Indonesia need to be evaluated. The objective of the research is to evaluate the financial performance of the pulps and papers companies in Indonesia. The method is using the financial ratio and economic value added that is obtained from the financial data report. The data are entered and processed using Excel software. The result obtained is that in a long term, the Tjiwi Kimia paper company has the best financial performance in solvability and profitability, while Indah Kiat Pulps and Papers Company have the best long term liquidity. In a long term, there are no companies have the best economic value added. In 2013, Indah Kiat Pulps and Papers have the best financial performance in terms of liquidity, profitability and economic value added production, while Tjiwi Kimia Company has the best solvability.    Keywords: economic value added, financial performance evaluation, pulp and  papers, financial ratio, financial report
EFFECT OF MIX MARKETING ON RE–PURCHASE DECISION OF MUSLIM DRESS IN BOGOR (MUSLIM CLOTHING PRODUCT OF KEKE) Indarto Setiawan; Budi Suharjo; Mukhammad Najib
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.197

Abstract

The main objective of this study was to analyze the factors that determines consumers in their purchasing decisions Muslim dress and recommend the proposed marketing mix strategy affects customer satisfaction and loyalty which can have an impact on purchasing decisions / repurchase (repurchase) by consumers. The analytical methods used in this study Chi-Square Test, Thurstone Case-V Analysis, Correspondence Analysis, and Structural Equation Model. The results showed the purchasing decisions Muslim clothing there is a relationship between level of education and average revenue / expenditure per month with custom usage Muslim clothing, there are five sequences attribute Muslim clothing that is essential according to the respondents, the underwear model, quality of materials, patterns typical, leisure time used as well as an attractive packaging design. Muslim clothing brand Ke'ke is purchased by consumers because the ads fit the facts, reasonably priced, there are many models of quality koko and containerized, while shortcomings are in the variation of the veil / hijab and less spread of sales outlets. The products are very dominant. They influence purchasing decisions of consumers so that the superiority of the product should be maintained and even improved.Keywords: muslim clothing, the mix marketing, re-purchasing decisions
FACTORS AFFECTING BRAND CHOICE OF THE CONSUMERS ON SPORTS DRINKS Galih Andihka; Lilik Noor Yuliati; Kirbrandoko Kirbrandoko
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 2 No. 3 (2016): IJBE, Vol. 2 No. 3, September 2016
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.2.3.208

Abstract

The growth of fitness centers in Indonesia has given a very good opportunity to the sports drink industry to grow. In general, a fitness center does not only provide services of sports facilities but also sell supplements and drinks to consumers for their exercises. The type of drinks highly in demand by consumers in the fitness center is sports drinks. The objective of this study was to identify the influences of brand positioning, brand image and perceived value on brand choices of sports drink products on the consumer fitness center. This study used a quantitative approach using a survey method to the customers of the fitness centers, and the data analysis method used was PLS (Partial Least Square). The results of the PLS analysis show that the perceived value, brand image and brand positioning have positive and significant influences on brand choice of drink sports drinks of the consumers of the fitness centers in Bogor. Keywords: perceived value, brand image, brand positioning, brand choice, PLS, sport drink

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