Archive for year: 2024
Business and Financing Strategic in Entering a Biomass New Business (Case Study: PT ABC, in West Java)
/in Uncategorized /by M Rasyid RajasaBiomass is a renewable alternative fuel source that is more environmentally friendly than other fuels. Currently PT ABC has a biomass plant that produces wood chips and wood pellets in the West Java region. The purpose of this study is to analyse the business strategy and funding needed by PT ABC to enter the biomass industry in West Java. The research method used is a combination of descriptive and case study methods, with data collection through interviews, document analysis, and direct observation. SWOT, PESTEL, and Porter’s Five Forces analyses were conducted to evaluate the company’s internal and external situation. Furthermore, this research designs the right funding strategy based on 5 funding alternatives sourced from venture capital, Angel Investors, Banks, IPOs and Bonds. Based on the comparison results, alternative 3 (Bank Loan) is more profitable. This alternative provides NPV of Rp 8,503,386,171.21, Internal Rate of Return (IRR) of 31%, Payback Period (PP) for 4 years. This alternative will increase the value of the company in several ways such as diversification of financial risks, tax benefits on interest payments, guaranteed retained earnings, quick disbursement of funds, and maintaining the balance of shareholders’ equity. The findings of this study highlight the huge potential of the biomass market in West Java and Indonesia, and the importance of an appropriate funding strategy. This research provides valuable insights for companies looking to enter the biomass industry.
Business Strategy Formulation for PT Silka Teguh Sejahtera (Sciencom) to Elevate its Revenue
/in Uncategorized /by Admin IjcsrrPT Silka Teguh Sejahtera (Sciencom) is one of Indonesia’s IT and computer training providers. In the past several years, the company faces limited revenue growth despite its strong reputation and high-quality training services as well as promising market potential for IT and computer training provider. This happens because Sciencom main target customer base is government institutions which have faced budget reductions for education and training. This study aims to formulate a business strategy for Sciencom to enhance its revenue by identifying the factors influencing the limited growth of the company’s revenue. The primary data is gathered from qualitative method in which the author conducted interviews with Sciencom’s employees and customers representatives in order to analyze the internal and external factors to the business issue. To support the finding, the author uses secondary data collected from company’s reports, journals, books, and websites. Through thorough internal and external analysis, the author was able to propose a new Segmentation, Targeting, and Positiong (STP) and Marketing Mix 7Ps to develop Sciencom’s business strategy using the Ansoff Matrix Growth Strategy that the company can utilize in order to elevate its revenue amidst a competitive market. The proposed strategy include expanding the target customer base to state-owned enterprises and fresh graduates, integrating a Leaning Management System (LMS) for online training, offering ERP solutions, partnering with universities for Swakelola Type 2 projects, forming a digital marketing and human resources departments, and regularly updating IT courses, certification, and promotional package offerings.
Study on The Evaluation of Eco-Economic Efficiency in The Yangtze River Economic Zone
/in Uncategorized /by Admin IjcsrrEco-economic efficiency is of tremendous significance to the coordinated development of ecological environment and economy. This study uses the super-SBM model to assess the Yangtze River Economic Belt’s ecological and economic performance from 2011 to 2020. The Malmquist index approach is then used to dynamically analyze the total factor productivity. The findings indicate that there is a non-equilibrium feature in space and that the eco-economic efficiency of the Yangtze River Economic Zone as a whole exhibits a fluctuating rising trend. A downstream > midstream > upstream pattern is shown. Based on the dynamic Malmquist index and its decomposition, the Yangtze River Economic Zone’s total factor productivity has a robust upward tendency. The primary cause of the shift in total factor productivity is technological advancement.
Development of Mathematics Learning Tools Based on Education for Sustainable Development (ESD) Using the Outdoor Learning Mathematics Method to Enhance Mathematical Connections in Junior High School
/in Uncategorized /by Admin IjcsrrThis research aims to develop mathematics learning tools based on Education for Sustainable Development (ESD) using the Outdoor Learning Mathematics method with the goal of enhancing mathematical connections of junior high school students in statistics. The research method employed is a mixed-methods approach combining qualitative and quantitative methods, both conducted through developmental research comprising planning, development, and evaluation stages. The sample for this research was two classes at SMPN 1 Tempeh with homogeneous mathematical abilities, where one class will be used as the experimental group and one class as the control group. Determining the research area using a purposive area sampling technique with the consideration that learning using the outdoor learning mathematics method with educational sustainable development (ESD) based learning tools has never been implemented at SMPN 1 Tempeh. The selection of eighth-grade classes is based on the consideration that statistics material is currently being taught in eighth grade, and eighth-grade students have not been subjects of research for similar studies before. The learning tools developed are designed in accordance with ESD principles and utilize outdoor mathematics learning approaches to enhance students’ understanding and skills in statistics. The results from Hypothesis Testing for Pretest indicate that a p-value of 0.648 is obtained, where this value > 0.05 means H0 is accepted and H1 is rejected. Therefore, it can be concluded that there is no difference in the mean between the control and experimental groups in the pretest. Whereas the result of Posttest Hypothesis Test indicate that a p-value of 0.028 is obtained, where this value < 0.05 means H0 is rejected and H1 is accepted. So the use of ESD-based mathematics learning tools with the Outdoor Learning Mathematics method is effective in improving students’ mathematical connections in statistics. The implication of this research underscores the importance of integrating mathematics education with sustainable development principles to reinforce students’ understanding and skills in mathematics while also fostering awareness of environmental and social issues.
The Effect of Product Involvement, Perceived Value, and Attitude as Mediation on the Intention to Use “POSPAY” Apps by PT Pos Indonesia (Persero) to Create the Right Marketing Strategy through a Marketing 4.0 Perspectives
/in Uncategorized /by M. Afrizal AzhariPospay is an app from PT Pos Indonesia (Persero). The research’s background highlights the competitive pressures in the financial services industry and the necessity for transformational companies to innovate through digital offerings such as the Fintech app. The implications of this research complete a new understanding for the marketing department at PT Pos Indonesia on how to increase customer intention to use. This research can provide evaluation materials and references for implementing the right marketing strategy from the perspective of Marketing 4.0, especially to increase intention to use it with variable mediation of consumer attitudes. The results of this research can provide an overview of the fact that perceived value is the most powerful variable that contributes to efforts to increase intention to use the Pospay App.
The key research problems are the need to identify the determinants of user intention in adopting FinTech apps, the role of consumer attitude in mediating these determinants, product involvement, and the practical implications for marketing strategy development. The research employs a mixed method with a descriptive approach and uses a type-3 problem-solving scenario. Quantitative data is collected through surveys, and qualitative insights are gathered via interviews or focus group discussions. Structural Equation Modelling (SEM) – Partial Least Square (PLS) with WarpPLS software is used to analyze data testing the hypothesis.
The research results are as follows: Product involvement does not have a significant effect on the intention to use but has a significant effect on consumer attitudes; Perceived value has a significant effect on the intention to use and consumer attitudes; Consumer attitude has a significant effect on the intention to use and mediates the influence of perceived value on intention to use but does not moderate the influence of product involvement on intention to use. The research will provide actionable recommendations for PT Pos Indonesia, enabling them to tailor their marketing strategies better through a Marketing 4.0 perspective to meet customer needs and preferences.
Increasing the Adoption of Performance Management Application at PT. Kaltim Prima Coal
/in Uncategorized /by Admin IjcsrrTraditional performance management systems often suffer from bureaucracy and inefficiency in providing timely feedback and support (Awan et al., 2020). To address these issues, KPC implemented Entomo, a performance management platform with advanced features like goal creation, progress tracking, continuous feedback, and data analytics. This technology-driven approach aims to improve the effectiveness and efficiency of performance management practices. KPC’s Entomo implementation provides an opportunity to research the adoption of performance management system technology. This study evaluates KPC’s experiences, identifies factors with a positive and significant relationship with the application and performance management application, and offers recommendations to enhance the performance management system.
The research employed the technology acceptance model (Davis et al., 1989) and a quantitative approach using questionnaires. Multiple linear regression analysis revealed several important insights. The findings indicate that perceived usefulness, perceived ease of use, and attitude toward using are key determinants of the intention to use the technology or system. Notably, attitude toward using has the strongest influence on users’ intention to adopt and use the system, followed by perceived usefulness and perceived ease of use. The research suggests that organizations should prioritize improving user attitudes, enhancing perceived usefulness, and ensuring the system is easy to use when implementing new performance management applications to drive successful adoption.
Determinants of Sustainable Bond Yield among IDX-Listed Companies
/in Uncategorized /by Admin IjcsrrThis study analyzes the development of sustainable bonds among IDX-listed companies in the post-Covid period of 2022 and identifies the factors influencing sustainable bond yields. The research observes 749 sustainable bonds issued by 93 IDX-listed companies. Multiple regression analysis is employed to explore the relationship between the bond yield as the dependent variable and sustainability factors—Number of Company-Supported SDGs, ESG Risk Ratings, CSR Funds, and GHG Emissions—as independent variables, along with control variables including three bond characteristics (Modified Duration, Issuance Size, Term to Maturity) and eight company characteristics (Board of Commissioners and Directors Diversity, Company Size and Age, ROA, Current Ratio, Industry, State-owned Enterprise status). The findings reveal positive correlations between the Number of Company-Supported SDGs and ESG Risk Ratings with bond yields, while CSR Funds and GHG Emissions show negative correlations with bond yields, indicating complex relationships between sustainability performance and sustainable bond yields. The study results suggest strategic recommendations for companies, investors, policymakers and regulatory bodies, as well as educational institutions to enhance the effectiveness and appeal of sustainable bonds in Indonesia.
Michelson, Morley and Sagnac Experiments Further Elaboration
/in Uncategorized /by Admin IjcsrrMichelson, Morley and Sagnac experiments are interpreted. The main properties of the laser gyroscopes are considered, including the maximum sensitivity, the impact of the non-plane wave fronts and the impact of precession of moment vector of radiation on the laser gyro output. Autonomous resonatory sensor – a new type of linear laser accelerometer – has been created based on a linear laser rather than ring resonators. The proposed device operates without any straining or moving parts and uses standing wave of the coherent radiation in the resonator as the sensor of accelerated movement.
Anxiety Disorders: A Comprehensive Overview, Media Influences, and Age-Related Trends
/in Uncategorized /by Admin IjcsrrExcessive worry and anxiety in reaction to a range of events characterise anxiety disorders, a significant public health issue that impacts individuals of all ages. Comprehending the complex traits associated with anxiety, such as its connection with media and distinct effects on different age groups, is essential for developing comprehensive strategies for prevention, diagnosis, and therapy. This paper provides an extensive overview of anxiety, exploring its definitions, diagnosis, and treatments. The information gathered on anxiety disorders is taken from official guidelines, medical journals, and academic research, all of which are conducted from between 2003 and 2023. This review consists of information that contained relevant topics, which are causes, treatment, definition, age groups, and effects from media. Since anxiety disorders are subjective in nature and may trigger symptoms that are mistaken with physical conditions, they are difficult to diagnose. Classification is done using the Diagnostic and Statistical Manual of Mental Disorders (DSM-5), however there are still issues with correctly diagnosing and treating anxiety.
One important topic covered in this paper is the effect of media on anxiety, particularly how social media, television, and journalism affect people’s mental health. Studies show that more social media use is linked to increased symptoms of anxiety, especially in emerging adults. Similarly, longer television viewing is associated with a higher rate of anxiety and depression among teenagers. Psychological distress can also be worsened by unpleasant events, like the COVID-19 pandemic being covered by the media.
The prevalence and consequences of anxiety differ among age groups. Anxiety disorders are prevalent in children and adolescents and frequently remain untreated, hindering their social and intellectual growth. In order to effectively manage anxiety in younger populations, psychological treatments such as cognitive-behavioral therapy are essential. On the other hand, anxiety in adults and the elderly is becoming increasingly recognised, with comorbid depressive disorders and specific phobias being more common in older people. The underestimation of anxiety symptoms in the elderly highlights the need for more specialized interventions and increased awareness.