Pub Date : 2021-04-19DOI: 10.4108/eai.1-10-2020.2305002
Rudy Rudy
Global economic uncertainty has led to a decline in mining commodity prices recently. This condition has prompted mining companies to take strong steps to improve their productivity. The role of Information Technology has been studied for many years as one of the important factors for improving productivity and business performance. The purpose of this paper is to study how IT capabilities as innovation drivers in improving organizational efficiency and productivity in the mining industry. Emerging technologies have the potential to open-up a new way to manage and direct mining operations more efficiently to increase productivity, reduce costs and maximize profit.
{"title":"Influence of IT on Productivity in Mining Industry (Case Study: Rio Tinto)","authors":"Rudy Rudy","doi":"10.4108/eai.1-10-2020.2305002","DOIUrl":"https://doi.org/10.4108/eai.1-10-2020.2305002","url":null,"abstract":"Global economic uncertainty has led to a decline in mining commodity prices recently. This condition has prompted mining companies to take strong steps to improve their productivity. The role of Information Technology has been studied for many years as one of the important factors for improving productivity and business performance. The purpose of this paper is to study how IT capabilities as innovation drivers in improving organizational efficiency and productivity in the mining industry. Emerging technologies have the potential to open-up a new way to manage and direct mining operations more efficiently to increase productivity, reduce costs and maximize profit.","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"540 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116251314","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/eai.1-10-2020.2304907
Dorothy Pandjaitan
Abstract. The purpose of this research was conducted to determine the effect of Work From Home on purchasing decisions via e-commerce during lockdown to reduce the chain of the corona virus. The number of positive patients infected with the Corona Virus in Indonesia, amounting to 1,790 people as of April 1st , 2020, underlies several freight forwarding companies to take anticipatory steps to minimize the spread of the virus while continuing to carry out operational activities. Although online trading activities are considered to be the best solution that can be done to reduce consumer concerns and also prevent the risk of human-to�human transmission, of course there are special regulations and preventive measures imposed by freight companies in pandemic conditions like this. Keywords: Purchasing Decision, Corona Virus, E-Commerce, Work From Home.
{"title":"The Allegation of Working From Home in Influencing Consumer Purchasing Decisions Through E-Commerce","authors":"Dorothy Pandjaitan","doi":"10.4108/eai.1-10-2020.2304907","DOIUrl":"https://doi.org/10.4108/eai.1-10-2020.2304907","url":null,"abstract":"Abstract. The purpose of this research was conducted to determine the effect of Work From Home on \u0000purchasing decisions via e-commerce during lockdown to reduce the chain of the corona virus. The number \u0000of positive patients infected with the Corona Virus in Indonesia, amounting to 1,790 people as of April 1st \u0000, \u00002020, underlies several freight forwarding companies to take anticipatory steps to minimize the spread of the \u0000virus while continuing to carry out operational activities. Although online trading activities are considered to \u0000be the best solution that can be done to reduce consumer concerns and also prevent the risk of human-to�human transmission, of course there are special regulations and preventive measures imposed by freight \u0000companies in pandemic conditions like this. \u0000Keywords: Purchasing Decision, Corona Virus, E-Commerce, Work From Home.","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125527916","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/EAI.1-10-2020.2304926
N. L. G. E. Sulindawati
This reserach is motivated by the discovery of the fact that students do not yet have sufficient competence in the practice of making financial statements of hospitality entities. One way to help facilitate student understanding needs to be developed as appropriate learning media. Media that can be developed in the practice of making financial statements of hospitality entities is a spreadsheet application. This application will be clearly illustrated the steps in making financial reports that facilitate student understanding. This research method used the development method at the stage of media development with qualitative analysis combined with the validity and reliability test of learning media developed with quantitative analysis. Data was collected through literature review, interviews, questionnaires for students who programed hospitality accounting courses, and with learning media assessment sheets from judges. The results shows that the validity and reliability test are valid and reliable.
{"title":"Development Media Analysis in Financial Statements Learning Practices of Hospitality Entities Through Spreadsheet","authors":"N. L. G. E. Sulindawati","doi":"10.4108/EAI.1-10-2020.2304926","DOIUrl":"https://doi.org/10.4108/EAI.1-10-2020.2304926","url":null,"abstract":"This reserach is motivated by the discovery of the fact that students do not yet have sufficient competence in the practice of making financial statements of hospitality entities. One way to help facilitate student understanding needs to be developed as appropriate learning media. Media that can be developed in the practice of making financial statements of hospitality entities is a spreadsheet application. This application will be clearly illustrated the steps in making financial reports that facilitate student understanding. This research method used the development method at the stage of media development with qualitative analysis combined with the validity and reliability test of learning media developed with quantitative analysis. Data was collected through literature review, interviews, questionnaires for students who programed hospitality accounting courses, and with learning media assessment sheets from judges. The results shows that the validity and reliability test are valid and reliable.","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117165398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/eai.1-10-2020.2305577
R. Gamayuni
This research is a bibliometric analysis study of accrual accounting in government financial reporting. The purpose of this research is to examine the development of research in this field as a basis for determining the direction of further research. Phenomenon that occurs is the benefits of implementing accrual accounting in government which aims to produce information for decision making, is still a debate. In the previous research, there is no bibliometric analysis on the development of government accrual accounting. The research methodology was carried out with bibliometric analysis conducted on 200 Scopus indexed papers published between 2010 and 2019. The Finding is there are 7 clusters of study areas on government accrual accounting with different levels of theoretical maturity. So research on Government accrual accounting still needs to be researched more deeply at this time regarding the benefits of accrual accounting for decision making
{"title":"Accrual Accounting at Government: a Bibliometric Study","authors":"R. Gamayuni","doi":"10.4108/eai.1-10-2020.2305577","DOIUrl":"https://doi.org/10.4108/eai.1-10-2020.2305577","url":null,"abstract":"This research is a bibliometric analysis study of accrual accounting in government financial \u0000reporting. The purpose of this research is to examine the development of research in this field as a basis for \u0000determining the direction of further research. Phenomenon that occurs is the benefits of implementing accrual \u0000accounting in government which aims to produce information for decision making, is still a debate. In the \u0000previous research, there is no bibliometric analysis on the development of government accrual accounting. \u0000The research methodology was carried out with bibliometric analysis conducted on 200 Scopus indexed \u0000papers published between 2010 and 2019. The Finding is there are 7 clusters of study areas on government \u0000accrual accounting with different levels of theoretical maturity. So research on Government accrual \u0000accounting still needs to be researched more deeply at this time regarding the benefits of accrual accounting \u0000for decision making","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"81 12","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120841112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/eai.1-10-2020.2305520
Taufik Salim, Y. Susanto, S. Jimmy
To maximize the performance of the company, especially in parts of the payroll, companies had many ways to tackle this problem, like using digital technology. The objective of implementing the digital transformation project is to improve the payroll system at PT XYZ. Currently the salary payment system is still manual, causing problems in the payroll of every employee. Employees at PT XYZ complained about the calculation of the salary calculated by the employee and the HRD. As these problems arise, employee performance deteriorates.To maximize company performance, especially the payroll department, companies can overcome this problem by changing the payroll system with a digitizing system. This study is using quantitative, distributing questionnaires, and conduct interview with top management. It can be concluded that there is a gap between current Digital Maturity Model and future Digital Maturity Model, because that we need transformation technology digital to improve employee performance
{"title":"Digitalization of Payroll System in PT XYZ to Improve Employee Performance","authors":"Taufik Salim, Y. Susanto, S. Jimmy","doi":"10.4108/eai.1-10-2020.2305520","DOIUrl":"https://doi.org/10.4108/eai.1-10-2020.2305520","url":null,"abstract":"To maximize the performance of the company, especially in parts of the payroll, companies had many ways to tackle this problem, like using digital technology. The objective of implementing the digital transformation project is to improve the payroll system at PT XYZ. Currently the salary payment system is still manual, causing problems in the payroll of every employee. Employees at PT XYZ complained about the calculation of the salary calculated by the employee and the HRD. As these problems arise, employee performance deteriorates.To maximize company performance, especially the payroll department, companies can overcome this problem by changing the payroll system with a digitizing system. This study is using quantitative, distributing questionnaires, and conduct interview with top management. It can be concluded that there is a gap between current Digital Maturity Model and future Digital Maturity Model, because that we need transformation technology digital to improve employee performance","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"250 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132089524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/eai.1-10-2020.2305003
A. Ahadiat, W. Zakaria, Ribhan Ribhan, Toto Gunarto, F. Kesumah
The two largest strategic groups of Indonesia Banking show an intense competition recently. While BCA is the largest market capitalization in Indonesian stock market, state-owned banks should set the appropriate strategies to capture larger market. The aim of this study is to analyze the strategies from the banking strategic groups in Indonesia, particularly strategy in improving the third party funds and total credit, and in which state-owned banks is proxied by BRI, and private-owned banks is represented by BCA. The method applied in this study is by implementing game theory approach to identify the best strategies based on other players’ movement. The findings suggest that Pure Strategy Nash Equilibrium 1 of Game 1 is to increase the deposit segment for each bank and Pure Strategy Nash Equilibrium 2 in Game 2 suggests to focus more on increasing credits on the sector of micro business.
{"title":"Analysis of Strategic Group of State-Owned Banks VS Private-Owned Banks: Application of Game Theory","authors":"A. Ahadiat, W. Zakaria, Ribhan Ribhan, Toto Gunarto, F. Kesumah","doi":"10.4108/eai.1-10-2020.2305003","DOIUrl":"https://doi.org/10.4108/eai.1-10-2020.2305003","url":null,"abstract":"The two largest strategic groups of Indonesia Banking show an intense competition recently. While BCA is the largest market capitalization in Indonesian stock market, state-owned banks should set the appropriate strategies to capture larger market. The aim of this study is to analyze the strategies from the banking strategic groups in Indonesia, particularly strategy in improving the third party funds and total credit, and in which state-owned banks is proxied by BRI, and private-owned banks is represented by BCA. The method applied in this study is by implementing game theory approach to identify the best strategies based on other players’ movement. The findings suggest that Pure Strategy Nash Equilibrium 1 of Game 1 is to increase the deposit segment for each bank and Pure Strategy Nash Equilibrium 2 in Game 2 suggests to focus more on increasing credits on the sector of micro business.","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125263301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/EAI.1-10-2020.2305522
Faustina Easter Koesvardani, J. Prihanto, K. Sudiyono
This research helps Adiluhung Magazine to do dual transformation strategy so they can compete in this industry and reached the new segmentation. The problem of uneven distribution of the magazines, resulting in a decrease in the number of advertisers, which influences the revenue streams. Another problem is they have unreached segmentation of customers, which is generation Y and Z. There is no other research that discusses dual transformation based on the Digital Maturity Model (DMM) applied to the project. This research using a questionnaire based on DMM’s to get feedback from customers and employees to measure the company's current stage. Then using focus group discussions and interviews with top management and customer for validation, to know the current stage and determine the future stage, that can find the gap and can be filled with initiative to achieve the future state
{"title":"Dual Transformation in Print Media Case Study of Adiluhung Magazine","authors":"Faustina Easter Koesvardani, J. Prihanto, K. Sudiyono","doi":"10.4108/EAI.1-10-2020.2305522","DOIUrl":"https://doi.org/10.4108/EAI.1-10-2020.2305522","url":null,"abstract":"This research helps Adiluhung Magazine to do dual transformation strategy so they can compete in this industry and reached the new segmentation. The problem of uneven distribution of the magazines, resulting in a decrease in the number of advertisers, which influences the revenue streams. Another problem is they have unreached segmentation of customers, which is generation Y and Z. There is no other research that discusses dual transformation based on the Digital Maturity Model (DMM) applied to the project. This research using a questionnaire based on DMM’s to get feedback from customers and employees to measure the company's current stage. Then using focus group discussions and interviews with top management and customer for validation, to know the current stage and determine the future stage, that can find the gap and can be filled with initiative to achieve the future state","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130975179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-04-19DOI: 10.4108/eai.1-10-2020.2305584
Mahrinasari Ms
Abstract. This research aims to analyze the organic food consumption behaviour of the consumers, measured by utilitarian and hedonist behaviour, due to the perceived price effect to trigger consumers’ purchase intention. To address this objective, a quantitative research design has been implemented by distributing the questionnaires. 347 usable data were analyzed by using SEM-based Covariance. The research results show that perceived price has a positive significant effect on utilitarian and hedonist behaviour, and then the utilitarian and hedonist also affect purchase intention. However, purchase intention is directly much more determined by perceived price than utilitarian and hedonic behaviour. Even though, the high price in this research is less barrier, the research results imply that the company management of the organic product must create, offer, and deliver the high quality of the organic products within the competitive price to boost the purchase intention improvement of the consumers. Keywords: Organic Food, Perceived Price, Utilitarian, Hedonist, Purchase Intention
{"title":"Perceived Price and Organic Food Consumption Behaviour","authors":"Mahrinasari Ms","doi":"10.4108/eai.1-10-2020.2305584","DOIUrl":"https://doi.org/10.4108/eai.1-10-2020.2305584","url":null,"abstract":"Abstract. This research aims to analyze the organic food consumption behaviour of the consumers, measured by utilitarian and hedonist behaviour, due to the perceived price effect to trigger consumers’ purchase intention. To address this objective, a quantitative research design has been implemented by distributing the questionnaires. 347 usable data were analyzed by using SEM-based Covariance. The research results show that perceived price has a positive significant effect on utilitarian and hedonist behaviour, and then the utilitarian and hedonist also affect purchase intention. However, purchase intention is directly much more determined by perceived price than utilitarian and hedonic behaviour. Even though, the high price in this research is less barrier, the research results imply that the company management of the organic product must create, offer, and deliver the high quality of the organic products within the competitive price to boost the purchase intention improvement of the consumers. \u0000 \u0000Keywords: Organic Food, Perceived Price, Utilitarian, Hedonist, Purchase Intention","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124574598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-10-01DOI: 10.4108/EAI.1-10-2020.2304740
Rr. Erlina, Toto Gunarto, Faila Shofa
The increasing competition in the bakery business has made Holland Bakery to be able to maintain its achievements with a business strategy. So a business model is needed as a form of strategy that can be carried out by analysts using the Business Model Canvas, where each building block is also analyzed by the IFE & EFE Matrix, IE Matrix, SWOT Matrix and Blue Ocean Strategy combined with the Business Model Canvas. The results of the IFE matrix analysis resulted in a total score of 2.76, and EFE produced a score of 2.59. The results of the IE Holland Bakery Lampung matrix analysis are in quadrant V, indicating that Holland Bakery Company is currently in a strategic position to maintain and maintain (Hold and Maintain). The appropriate alternative strategy used in this quadrant is the market penetration strategy that Holland Bakery can do by increasing marketing through media strategies in the online or paper and product development form of adding market segments and increasing the variety of Holland Bakery products. Holland Bakery's alternative strategy is to maintain customer loyalty and improve product quality, attract new consumers and retain old consumers, open cooperation with business partners (banks, suppliers, government and store partners) to increase and develop branches in Bandar Lampung, Maximize the use of information media, Internet and social media in creating good relationships with customers, Creating member cards, Providing rewards to the best employees, to maintain employee loyalty in order to create improved service quality and the threat of consumers moving to another bakery, Improve supporting facilities (waiting room, air conditioning, computerized payments and others) and tbsp to attract many new customers. Keywords: Business Strategy, Business Model Canvas, IFE Matrix, EFE Matrix, IE Matrix, SWOT Matrix, Blue Ocean Strategy, Holland Bakery Lampung
{"title":"Analysis of Business Strategy with Canvas Model Business (BMC) Approach","authors":"Rr. Erlina, Toto Gunarto, Faila Shofa","doi":"10.4108/EAI.1-10-2020.2304740","DOIUrl":"https://doi.org/10.4108/EAI.1-10-2020.2304740","url":null,"abstract":"The increasing competition in the bakery business has made Holland Bakery to be able to maintain its achievements with a business strategy. So a business model is needed as a form of strategy that can be carried out by analysts using the Business Model Canvas, where each building block is also analyzed by the IFE & EFE Matrix, IE Matrix, SWOT Matrix and Blue Ocean Strategy combined with the Business Model Canvas. The results of the IFE matrix analysis resulted in a total score of 2.76, and EFE produced a score of 2.59. The results of the IE Holland Bakery Lampung matrix analysis are in quadrant V, indicating that Holland Bakery Company is currently in a strategic position to maintain and maintain (Hold and Maintain). The appropriate alternative strategy used in this quadrant is the market penetration strategy that Holland Bakery can do by increasing marketing through media strategies in the online or paper and product development form of adding market segments and increasing the variety of Holland Bakery products. Holland Bakery's alternative strategy is to maintain customer loyalty and improve product quality, attract new consumers and retain old consumers, open cooperation with business partners (banks, suppliers, government and store partners) to increase and develop branches in Bandar Lampung, Maximize the use of information media, Internet and social media in creating good relationships with customers, Creating member cards, Providing rewards to the best employees, to maintain employee loyalty in order to create improved service quality and the threat of consumers moving to another bakery, Improve supporting facilities (waiting room, air conditioning, computerized payments and others) and tbsp to attract many new customers. \u0000 \u0000Keywords: Business Strategy, Business Model Canvas, IFE Matrix, EFE Matrix, IE Matrix, SWOT Matrix, Blue Ocean Strategy, Holland Bakery Lampung","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121079221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-15DOI: 10.4108/EAI.1-10-2020.2304912
Sri Lusiana, Budi Frensidy
The franchise business of minimarket requires business stores to place merchandise. It can be obtained in several ways. Three of them are buying, renting, and buying with loan. The purpose of this study is to apply the NPV (Net Present Value) and APV (Adjusted Present Value) analysis to choose the business store. NPV and APV analysis are used to obtain the most favorable choice for business store of a minimarket. The results of the analysis carried out on the data and assumptions obtained, it can be concluded that there is no choice between renting and buying with loan that is always superior to all conditions in providing business space. Many factors influence every decision, including the percentage of rental prices compared to the value of land and buildings, the growth of land price, and the amount of discount rates or the returns expected by the company.
{"title":"Analysis of The Decision to Buy or Lease Business Space at PT UMB","authors":"Sri Lusiana, Budi Frensidy","doi":"10.4108/EAI.1-10-2020.2304912","DOIUrl":"https://doi.org/10.4108/EAI.1-10-2020.2304912","url":null,"abstract":"The franchise business of minimarket requires business stores to place merchandise. It can be obtained in several ways. Three of them are buying, renting, and buying with loan. The purpose of this study is to apply the NPV (Net Present Value) and APV (Adjusted Present Value) analysis to choose the business store. NPV and APV analysis are used to obtain the most favorable choice for business store of a minimarket. The results of the analysis carried out on the data and assumptions obtained, it can be concluded that there is no choice between renting and buying with loan that is always superior to all conditions in providing business space. Many factors influence every decision, including the percentage of rental prices compared to the value of land and buildings, the growth of land price, and the amount of discount rates or the returns expected by the company.","PeriodicalId":309797,"journal":{"name":"Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129324262","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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