scholarly journals Potret Strategi Going Concern UMKM Pandai Besi Celurit Bermotif Madura

2021 ◽  
Vol 4 (2) ◽  
pp. 117-126
Author(s):  
Yuni Rimawati ◽  
Adi Darmawan Ervanto
Keyword(s):  
Product Quality ◽  
Cash Flow ◽  
Business Strategy ◽  
Raw Materials ◽  
Profit Sharing ◽  
Selling Price ◽  
Bargaining Process ◽  
Going Concern ◽  
Study Approach ◽  
The Impact

This study aims to provide an overview of the unique going concern strategy of Tokang pandhih Jokotole (read: SMEs blacksmith) which produces patterned sickles so that these MSMEs are able to survive and even have been traversed by several generations. This study used a configurative ideographic studies case study approach to analyze the data. The conclusion of this study is that Haji Masduri implements a strategy to maintain product quality to maintain customer trust.  The development of a business into a business that has a business license with the “Jokotole” brand is a government facility that is accepted by Haji Masduri. In business operational management, Haji Masduri carries out a specialization strategy for production work, a gratuity system (profit sharing) based on the selling price of patterned sickle workers, and "utilizing the network" owned to obtain quality raw materials without leaving the house (place of business). The strategy for maintaining cash flow carried out by Haji Masduri is the production system for orders and a 50% down payment. The impact of the maintained product quality, Haji Masduri can apply a strategy to determine the selling price without the bargaining process of ordering a patterned sickle.Keywords: Business Strategy; Going Concern; SMEs; Cultural Products. AbstrakPenelitian ini bertujuan untuk memberikan gambaran keunikan strategi going concern pandai besi tokang pandhih Jokotole yang memproduksi celurit bermotif sehingga UMKM ini mampu bertahan bahkan sudah dijalan oleh beberapa generasi. Penelitian ini menggunakan  pendekatan studi kasus configurative ideographic studies untuk menganalisis data. Simpulan penelitian ini adalah  Haji Masduri menerapkan strategi menjaga kualitas produk untuk menjaga kepercayaan pelanggan. Pengembangan usaha menjadi usaha yang memiliki ijin usaha dengan brand “Jokotole” adalah fasilitas Pemerintah yang diterima Haji Masduri. Setelah memiliki ijin usaha, Haji Masduri dapat mengakses lebih banyak fasilitas dari Pemerintah. Dalam manajemen operasional bisnis Haji Masduri menjalankan strategi  spesialisasi kerja bagian produksi, sistem upah persenan (bagi hasil) berdasarkan harga jual pada tenaga kerja celurit bermotif, dan “memanfaatkan jaringan” yang dimiliki untuk memperoleh bahan baku ayng berkualitas tanpa meninggalkan rumah (tempat usaha).  Strategi menjaga cash flow yang dilakukan oleh Haji Masduri adalah dengan sistem produksi pesanan dan uang muka 50%. Dampak dari kualitas produk yang terjaga, Haji Masduri dapat menerapkan strategi penentuan harga jual tanpa proses tawar menawar dari pemesan celurit bermotif. Kata Kunci: Strategi Bisnis; Going Concern; UMKM; Produk Budaya.

scholarly journals Analysis on joint operation non administrative accounting models of property development firms and the impact on taxation

2020 ◽  
Vol 5 (01) ◽  
pp. 45
Author(s):  
Indar Khaerunnisa ◽  
Amrullah .
Keyword(s):  
Secondary Data ◽  
Profit Sharing ◽  
Primary Data ◽  
Joint Operation ◽  
Property Development ◽  
Financial Report ◽  
Study Approach ◽  
Joint Operations ◽  
Accounting Model ◽  
The Impact

This study aims to determine the accounting model in conducting joint operations (JO) by implementing non-administrative which consists of fix profit and percentage. Each fixed profit has three methods consisting of full revenue, profit sharing and PMK 261. The research used a descriptive qualitative method, with a case study approach. The study used primary data obtained from direct interviews with directly related parties conducting joint operations (JO or KSO). Meanwhile, the secondary data were obtained from the mutual agreement document and the financial report of the party conducting the joint operation (KSO). From the research results, it is obvious that the most recommended form of accounting is all forms according to PMK 261, both the fixed profit and percentage models. Keywords: Administrative Joint Operation, Non Administrative, Fixed Profit

The impact of qualified audit opinion on stock returns: an empirical study at Amman stock exchange

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rana Bayo Flees ◽  
Sulaiman Mouselli
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Abnormal Returns ◽  
Market Model ◽  
Content Type ◽  
Going Concern ◽  
Study Approach ◽  
Audit Opinions ◽  
The Impact ◽  
First Time

Purpose This paper aims to investigate the impact of qualified audit opinions on the returns of stocks listed at Amman Stock Exchange (ASE) after the introduction of the recent amendments by the International Auditing and Assurance Standard Board (IAASB) on audits reporting and conclusions. It further investigates if results differ between first time qualified and sequenced qualifications, and between plain qualified opinion and qualifications with going concern. Design/methodology/approach Audit opinions’ announcements and stock returns data are collected from companies’ annual reports for the fiscal years 2016 to 2019 while stock returns are computed from stock closing prices published at ASE website. The authors apply the event study approach and use the market model to calculate normal returns. Cumulative abnormal returns (CARs) and average abnormal returns (AARs) are computed for all qualified audit opinions’ announcements. Findings The empirical evidence suggests that investors at ASE do not react to qualified audit opinions announcements. That is, the authors find an insignificant impact of qualified audit opinion announcements on stock returns using both CAR and AAR estimates. The results are robust to first time and sequenced qualifications, and for qualifications with going concern. Results are also robust to the use of risk adjusted market model. Research limitations/implications The insignificant impact of qualified audit opinions on stock returns have two potential conflicting research implications. First, the new amendments introduced to auditors’ report made them more informative and reduce the negative signals contained in the qualified opinions. That is, investors are now aware of the real causes of qualifications and not overreacting to the qualified opinion. Second, the documented insignificant impact confirms that ASE is not a semi-strong form efficient. Practical implications The apparent excessive use of qualifications should ring the bell on whether auditors misuse their power or companies are really in trouble. Hence, the Jordanian regulatory bodies need to warn auditors against the excessive use of qualifications on the one hand, and to raise the awareness of investors on the implications of auditors’ opinions on the other hand. Originality/value This study is innovative in twofold. First, it explores the impact of qualified audit opinions on stock returns after the introduction of new amendments by IAASB at ASE. In addition, it uses event study approach and distinguishes between first time qualified and sequenced qualifications, and between plain qualified opinion and qualifications with going concern. The results are consistent with efficient market theory and behavioral finance explanations.

scholarly journals Rectified ethanol production cost analysis

2011 ◽  
Vol 15 (2) ◽  
pp. 281-292 ◽  
Author(s):  
Nikola Budimir ◽  
Marko Jaric ◽  
Branislav Jacimovic ◽  
Srbislav Genic ◽  
Nikola Jacimovic
Keyword(s):  
Raw Materials ◽  
The United States ◽  
Influential Factors ◽  
Production Costs ◽  
Selling Price ◽  
Total Production ◽  
The European Union ◽  
Total Investment ◽  
Relationship Of ◽  
The Impact

This paper deals with the impact of the most important factors of the total production costs in bioethanol production. The most influential factors are: total investment costs, price of raw materials (price of biomass, enzymes, yeast), and energy costs. Taking into account these factors, a procedure for estimation total production costs was establish. In order to gain insight into the relationship of production and selling price of bioethanol, price of bioethanol for some countries of the European Union and the United States are given.

scholarly journals Developing a Parametric Cash Flow Forecasting Model for Complex Infrastructure Projects: A Comparative Study

2021 ◽  
Vol 13 (20) ◽  
pp. 11305
Author(s):  
Mahir Msawil ◽  
Faris Elghaish ◽  
Krisanthi Seneviratne ◽  
Stephen McIlwaine
Keyword(s):  
Cash Flow ◽  
The Body ◽  
Future Research ◽  
Infrastructure Projects ◽  
Study Approach ◽  
Cash Flow Forecasting ◽  
Cost Flow ◽  
The Individual ◽  
The Cost ◽  
The Impact

Forecasting the cash flow for infrastructure projects has not received much attention in the existing models. Moreover, disregarding the cost flow behaviour and proposing models that entail a relatively high dimensionality of inputs have been the main drawbacks of the existing models. This study proposes a heuristic cash flow forecasting (CFF) model for infrastructure projects, and it explores the underlying behaviour of the cost flow. The proposed model was validated by adopting a case study approach,the actual cost flow datasets were mined from a verified data system. The results invalidated the employment of a dominant heuristic rule with regard to a cost-flow-time relationship in infrastructure projects. On the other hand, a mathematical parameter-based comparison between the trends analysed from previous studies revealed that the cost flows of infrastructure projects procured through a design-bid-build (D-B-B) route behaved in a similar manner to building projects procured through a construction management route. This research contributes to the body of knowledge providing a method to enable infrastructure contractors to accurately forecast the required working capital through adding a new dimension for project classification by coining the term “the quaternary flow percentage”. In addition, this study indicates the importance of identifying the impact of root risks on the individual cost flow components rather than on the aggregated cost flow, which is a recommendation for future research.

scholarly journals The Internal Lean Dimensions Impact on the Manufacturing Based Product Quality of Food Processing Companies in Jordan

2015 ◽  
Vol 7 (4) ◽  
pp. 191 ◽  
Author(s):  
Bahjat Eid Al-jawazneh
Keyword(s):  
Product Quality ◽  
Food Processing ◽  
Raw Materials ◽  
Setup Time ◽  
Total Productive Maintenance ◽  
Statistical Process ◽  
Pull Systems ◽  
Quality Of Food ◽  
The Impact

<p><span style="font-family: Times New Roman;">This paper studies the impact of internal lean dimensions on the manufacturing based quality of food processing companies in Jordan, variables such as, pull systems, continuous flow, setup time reduction, total productive maintenance, statistical process control, and employee involvement were chosen to represent the internal lean dimensions, and were assumed to have an affect manufacturing based quality. </span></p><p><span style="font-family: Times New Roman;">A survey questionnaire was distributed for that purpose to those who occupy positions in the production department and eligible enough to give accurate and unbiased responses to the items of the questionnaire. The results of the study revealed that; the Internal Lean Dimensions have a significant impact on the manufacturing based product quality, manifested by, lower food products reprocessing, conforming to high quality standards, lower defects rate, less interruptive breakdowns, which helped food processing companies in delivering their products according to agreed upon schedule and the optimization of the utilization of their manufacturing resources, such as machines and equipments, raw materials, and labor force</span></p>

scholarly journals Development of food products for special medical purposes = Īpašiem medicīniskiem nolūkiem paredzētas pārtikas izstrāde

2021 ◽  
Author(s):  
◽  
Liene Ozola ◽  
Keyword(s):  
Quality Of Life ◽  
Product Quality ◽  
Raw Materials ◽  
Food Products ◽  
Animal Origin ◽  
Doctoral Thesis ◽  
Research Hypothesis ◽  
The Impact ◽  
First Time

The daily use of nutritious products is essential for optimal body function. This is particularly important for young children, seniors and people with disabilities, as they are considered to be the most vulnerable groups. Health status, age, human social and psychological condition are just some of the factors that determine the choice of specific forms of nutritional therapies to optimally promote recovery, the body's overall energy recovery and, as far as possible, physiological functions and improve the quality of life. The research work of the doctoral thesis “Development of food products for special medical purposes” was performed from November 2016 till April 2021. The research was performed in the laboratories of the Faculty of Food Technology of the Latvia University of Life Sciences and Technologies, in the laboratory of the Institute of Biology of University of Latvia, in the laboratory of FANEKS Ltd., in the Institute of Food Safety, Animal Health and Environment, BIOR and Natural food developer KEEFA Ltd. The aim of the dissertation is to develop food products from plant and animal origin raw materials for people with special dietary needs. Research hypothesis: using natural plant and animal origin raw materials, it is possible to create products that provide the recommended nutrients in food for special medical purposes. Based on the aim of the work and the proposed research hypothesis, the following research tasks should be performed: 1.to develop recipes for enteral tube feed products on the basis of plant and animal raw materials; 2.to develop recipes for texture modified products on the basis of plant and animal raw materials; 3.to develop the production technology of the newly created products, which would ensure the preservation of their nutritional value as much as possible; 4.examine and evaluate the impact of selected technologies on product quality and shelf life; 5.to evaluate the in vitro digestibility of the developed texture modified products. The doctoral thesis consists of three chapters. Chapter 1 provides information on the basic principles and commercially available products for special medical purposes, on bioavailability, the role of different nutrients, the biochemical composition of fruits and vegetables and the characteristics of the processing technologies used in the study. Chapter 2 describes the raw materials used in the thesis, the structure of experiments, the methods of analysis. Chapter 3 provides a summary of the results obtained in the study and a discussion to achieve the conclusions according to the hypothesis and the tasks. The chapter describes the development of recipes and technologies for the preparation of enteral tube feed products, assessing the impact of high-pressure and vacuum cooking on the developed product quality if fresh raw materials and semi-finished products are used. The evaluation of pasteurisation and sterilisation as a secondary processing step to obtain a safe product. The results of the development of texture modified products in the laboratory and industrial environment, the evaluation of the nutrients in newly developed products and the evaluation of the digestibility of industrially prepared products are summarised. Novelty of the work: •for the first time in Latvia, research has been conducted on the development of enteral tube feed products from plant and animal raw materials; •for the first time in Latvia, research has been carried out on the development of texture modified foods from plant and animal raw materials and the transfer of these products to industrial production. Economic significance of work: •the production of products for special medical purposes in Latvia could help to develop industry and agriculture, providing new jobs and stimulating the economy; •help alleviate the situation in the country regarding the shortage of medical and nursing staff and the provision of special meals in medical and care institutions; •expand the range of products available on the Latvian market with regionally known flavours, thus also improving the quality of life of patients. The doctoral thesis is written in Latvian and its volume is 120 pages, including 39 tables, 38 figures and 8 appendices. For the research 150 information sources have been analysed. The development of the dissertation was co-financed from the following projects. •Research program ‘Scientific Capacity Building LLU’ project A05-06 ‘Development of special dietary foods with high bioavailability’. •European Innovation Partnership for Agricultural Productivity and Sustainability Working Group Cooperation Project No 18-00-A01612-000006 ‘Development of medicinal food for patients of malnutrition/dysphagia, creating new, nationally significant product with a high added value’.

Dampak Covid 19 Terhadap Praktik Jual-Beli:

2020 ◽  
Vol 5 (1) ◽  
pp. 27-47
Author(s):  
Sitti Aisyah. M Aisyah ◽  
Sappaemi
Keyword(s):  
Qualitative Research ◽  
Research Methods ◽  
Business Strategy ◽  
Qualitative Research Methods ◽  
Business Practice ◽  
Corona Virus ◽  
The Impact ◽  
Islamic View

The Corona virus pandemic exploited by irresponsible elements.  They do a cunning business strategy, which is to hoard goods, in fiqhi terms known as iḥtikār. In the Islamic view, iḥtikār is a prohibited business practice and will be met with a painful punishment in the afterlife.  The purpose of this paper is to provide an understanding about the impact of COVID 19 on the practice of buying and selling (iḥtikār).  This paper uses qualitative research methods in the form of library reseach using the shar'i approach.  From this study it can be concluded that the behavior of hoarding goods with the aim of reselling them at high prices to obtain large profits.  In Islamic Shari'ah, iḥtikār‘s law is haram because it contains elements that harm others.  This is very clearly stated in QS al-Humazah/109: 1-2 and punished by sin as stipulated in the hadith of the Messenger of Allah.

Prinsip Kearifan Lokal dalam Pengembangan Strategi Kehumasan pada Pemerintah Daerah Kabupaten Bandung

2020 ◽  
Vol 4 (2) ◽  
pp. 229-248
Author(s):  
Betty Tresnawaty
Keyword(s):  
Public Relations ◽  
Local Knowledge ◽  
Case Study Approach ◽  
West Java ◽  
Study Approach ◽  
Positive Image ◽  
The Government ◽  
The Impact ◽  
Public Relations Strategy

Public Relations of the Bandung Regency Government realizes that its area has a lot of potential for various local wisdom and has a heterogeneous society. This study aims to explore and analyze the values of local knowledge in developing public relations strategies in the government of Bandung Regency, West Java province. This study uses a constructivist interpretive (subjective) paradigm through a case study approach. The results showed that the Bandung Regency Government runs its government based on local wisdom. Bandung Regency Public Relations utilizes local insight and the region's potential to develop a public relations strategy to build and maintain a positive image of Bandung Regency. The impact of this research is expected to become a source of new scientific references in the development of public relations strategies in every region of Indonesia, which is very rich with various philosophies.Humas Pemerintah Kabupaten Bandung menyadari wilayahnya memiliki banyak potensi kearifan lokal yang beragam, serta memiliki masyarakatnya yang heterogen. Penelitian ini bertujuan menggali dan menganalisis nilai-nilai kearifan lokal dalam pengembangan strategi kehumasan di pemerintahan Kabupaten Bandung provinsi Jawa Barat.  Penelitian ini menggunakan paradigma interpretif (subjektif) konstruktivis melalui pendekatan studi kasus. Hasil penelitian menunjukkan bahwa Pemerintah Kabupaten (Pemkab) Bandung menjalankan pemerintahannya berlandaskan pada kearifal lokal. Humas Pemkab Bandung memanfaatkan kearifan lokal dan potensi wilayahnya untuk mengembangkan strategi humas dalam membangun dan mempertahankan citra positif Kabupaten Bandung.Dampak penelitian ini diharapkan menjadi sumber rujukan ilmiah baru dalam pengembangan strategi kehumasan di setiap daerah Indonesia yang sangat kaya dengan beragam filosofi. 

From strategic human resources to organization performance

2014 ◽  
Author(s):  
Ana Rita Damas Oliveira ◽  
Paulo Alexandre Guedes Lopes Henriques ◽  
Teresa Cristina Clímaco Monteiro de Oliveira
Keyword(s):  
Human Resources ◽  
Business Strategy ◽  
Organization Performance ◽  
Case Study Methodology ◽  
Strategic Human Resources ◽  
The People ◽  
Sustainable Advantage ◽  
Strategy Alignment ◽  
And Performance ◽  
The Impact

Much has been written about the link between HR and performance, however consensus has yet not been found concerning the understanding on how that relationship comes together. Empirically, no direct impact has been found and research has only suggested an indirect impact. Consequently, the Strategic HRM field is particularly interested on the understanding of the mediating variables that impact the organization performance. Besides the integrated and business strategy alignment of the HR function, it should be considered that it is the people (HR) of the organization and not their practices that determine the company´s competitive advantage. (Messersmith & Guthrie, 2010) argue that it is the impact of those practices that represent “the true resource and enable a sustainable advantage over industry rivals”. The objetive of this research proposal is to study the impact of strategic human resources practices on the organization performance through a case study methodology, supported by longitudinal data. Namely, the project aims to achieve a deeper understanding of the variables that affect the process stream during strategy implementation. How the HR practices impact on people? And why human resources are the most valuable asset? These core premises are in line with the most recent economic concerns about people productivity, employment policies and labor flexibility.

ACOUSTIC PANEL CHICKEN FEATHER WASTE ENVIRONMENTALLY FRIENDLY

2020 ◽  
Author(s):  
Ansarullah ◽  
Ramli Rahim ◽  
Baharuddin Hamzah ◽  
Asniawaty Kusno ◽  
Muhammad Tayeb
Keyword(s):  
Animal Feed ◽  
Environmentally Friendly ◽  
Selling Price ◽  
Chicken Feather ◽  
Chicken Feathers ◽  
The Road ◽  
Feather Waste ◽  
Chicken Feather Waste ◽  
Almost All ◽  
The Impact

Chicken feathers are the result of waste from slaughterhouses and billions ofkilograms of waste produced by various kinds of poultry processing. This hal is a veryserious problem for the environment because it causes the impact of pollution. Hasmany utilization of chicken feather waste such as making komocen, accessories,upholstery materials, making brackets to the manufacture of animal feed but from theresults of this activity cannot reduce the production of chicken feathers that hiscontinuously increase every year. This is due to the fact that the selling price of chickenmeat has been reached by consumers with middle to upper economic levels. This caneasily be a chicken menu in almost all restaurants and restaurants to the food stalls onthe side of the road. An alternative way of utilizing chicken feathers is to makecomposite materials in the form of panels. Recent studies have shown that the pvacmaterial can be utilized as a mixing and adhesive material with mashed or groundfeathered composites to form a panel that can later be used as an acoustic material.The test results show that the absorption of chicken feathers and pvac glue into panelscan absorb sound well with an absorption coefficient of 0.59, light. This result is veryeconomical so it is worth to be recommended as an acoustic material. Apart from theresults of research methods carried out is one of the environmentally friendly activitiesin particular the handling of waste problems

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