Journal of Management Studies and Development
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The Impact of Marketing Mix Variables upon The Repurchase Intention of Customers in Mixue Tangerang City, Indonesia
Get PDFThe franchise industry is one of the most prominent businesses in 2024, where Mixue is one of such brands that dominate the F&B franchise sector in the Indonesian market. Although Mixue shows high performance in Indonesia, there are a few exceptions in several regions where some outlets have declined such as Tangerang City, Indonesia. Hence research is needed to see the viewpoint of Mixue Tangerang City's citizens on the marketing mix of Mixue, where the factors are as follows: Product, Price, Place, and Promotion. The evaluation is important to help owners adjust their marketing strategy specifically in Tangerang City to help boost citizen's intention to buy Mixue products again in the future (repurchase intention). The research is conducted qualitatively, where the samples used are the customers of Mixue Tangerang who have bought more than once. The response is collected using an online questionnaire, in which they answer using the Likert Scale. The result will be analyzed using the Multiple Linear Regression Analysis method using the software SPSS version 26. The research gains 103 Mixue Tangerang City customer respondents. The research shows that the variables of Product, Price, Place, and Promotion have a significant impact on Repurchase Intention simultaneously. Aside from that, the result shows that Product, Place, and Promotion each have a significant partial impact on Repurchase Intention. However, research shows that the Price factor does not have a significant partial impact on Repurchase Intention
The Impact of Human Development Index, Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate on Economic Growth
Get PDFThis research aims to identify factors influencing the economic growth of Bali Province. The dependent variable used is economic growth, while the independent variables include the Human Development Index, Provincial Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate. The research employs a quantitative method, utilizing panel data regression with the Random Effect Model (REM). The findings reveal that the Open Unemployment Rate and Provincial Minimum Wage variables significantly and negatively impact economic growth. Conversely, the Labor Force Participation Rate variable significantly and positively influences economic growth. However, the Human Development Index variable does not demonstrate a significant impact and holds a positive value on economic growth
Analysis of the Impact of Recruitment and Selection as a Strategic Human Resource Management Tool on Organisational Performance in Zambia
Get PDFThe effective management of human resources is paramount for achieving organizational performance at various operational levels. The oversight of human resources can significantly disadvantage an organization. This research aims to scrutinize the influence of recruitment and selection as a Strategic Human Resource Management (SHRM) component on organizational performance. The study encompassed 169 managers from profit-making organizations in Zambia and employed a quantitative approach to gather data through a structured questionnaire. The questionnaire was structured into three parts: the first part gathered demographic data, the second part collected information about SHRM practices, and the third part obtained data relating to organizational performance. A study was conducted on 169 managers from various organizations using a stratified random sampling method. The findings confirmed the reliability of the data collection tool. Notably, the study revealed that managers placed the highest importance on incentives and rewards as factors influencing excellence, followed by recruitment and selection, formal performance appraisal, and with the least emphasis on career development. According to the study, there is a significant correlation between Strategic Human Resource Management (SHRM) components and organizational performance. This includes the revenue growth rate, return on equity, return on assets, and overall profitability (p < 0.01). Therefore, the study suggests that organizations should align their SHRM strategy with other activities that lead to improved performance, especially in the recruitment process, as it directly impacts the organization's products. The study concludes that Strategic HRM practices are crucial in driving organizational performance and should be integrated with overall business strategies and operations to maximize benefits
Determinant Factors in Stock Returns of Food and Beverage Industry Companies in Indonesia
Get PDFThis study aims to analyze the influence of internal and external factors on stock returns in destroying the food and beverage industry listed on the IDX from 2011 to 2021. The sample in this study used a purposive sampling technique or was based on specific criteria with 12 companies. This research data is panel data, namely a combination of times series and cross-section data, which is tested statistically using Stata. Three data analyses are used: model estimation test, model selection, and static panel regression model estimation results with the criterion of a P value < 0.05, so there is a significant influence between the independent and dependent variables. The research results prove that the best model chosen is the CEM model. The research results demonstrated that the variables ROE (P Value: 0.543 > 0.05), DER (P Value: 0.491 > 0.05), interest rates (P Value: 0.373 > 0.05), and inflation (P Value: 0.165 > 0.05) statistically does not affect stock returns. However, the exchange rate variable (P Value: 0.005 < 0.05) significantly impacts stock returns. The research results also prove that ROE, DER, interest rates, exchange rates, and inflation can explain stock returns of 12.30%. In comparison, the remaining 87.70% is influenced by other variables not included in the research
Operations Management of Multipurpose Cooperatives in Rinconada Area, Philippines
Get PDFThis study was conducted to determine the compliance of 13 multipurpose cooperatives in Rinconada with Memorandum Circular No. 2013-15 Series 2013 from the Cooperative Development Authority. It identified respondent profiles in terms of operational years, memberships, personnel, asset size, and services offered. The extent of compliance was assessed across organizational, social, economic, and financial aspects. Difficulties faced by cooperatives were determined, along with the relationship between profiles and compliance. Universal and convenience sampling methods were employed to select 119 respondents, including cooperative management, staff, and committee members. Data collection utilized questionnaires, interviews, and checklist observations. Results indicated that organizational factors minimally impacted operations, except for services offered. Social aspects showed associations but lacked statistical significance. Economically, asset size and services offered significantly influenced operations. Financially, factors like operational years, members, personnel, asset size, and services offered significantly shaped operational practices. The study suggests the development of a manual of operation to enhance cooperative effectiveness
The Influence of E-WOM, Brand Awareness, and Brand Image on Z-Generation Purchasing Decisions on Compass Sneakers in Indonesia
Get PDFThis study aims to determine the direct effect of Electronic word of mouth (E-WOM) brand awareness and brand image on purchasing decisions. One company that utilizes the development of the internet in terms of E-WOM is Compass Shoes. Compass shoes are increasingly recognized and trusted by the archipelago as a must-have fashion shoe. With its current status, not a few and even more people from various circles are interested in having these shoes. The data in this study were obtained from an online survey of 100 respondents. In practice, this study uses accidental sampling techniques that will be applied to respondents via Google form using the type of SEM analysis used in this study, which is Partial Least Square or PLS-SEM. The result of this study states that E-WOM has a significant positive effect on brand image and consumer purchasing decisions regarding Compass shoe products. Brand awareness has a significant positive effect on brand image and consumer purchasing decisions regarding Compass shoe products. Brand image has a significant positive effect on consumer purchasing decisions regarding Compass shoe products. Companies are important in utilizing E-WOM and building brand awareness and a strong brand image
Dynamic Analysis of Environmental Degradation and Economic Activities in the Asia-Pacific Region
Get PDFEconomic growth is crucial for assessing a country's economic success, measured by its per capita income increase over time, primarily through Gross Domestic Product (GDP). This study investigates the impact of Gross Fixed Capital Formation (GFCF), energy consumption, CO2 emissions, and renewable energy on economic growth in the Asia-Pacific region from 2016 to 2021. Using the Difference Generalized Method of Moments (Difference GMM) and Stata 14, the findings show that GFCF positively influences economic growth in developing countries but not significantly in developed ones. Energy consumption positively affects economic growth in developing countries, but not in developed ones. CO2 emissions have no significant impact on economic growth. Renewable energy negatively affects economic growth in developing countries, while its impact is insignificant in developed ones
Understanding the Impact of Artificial Intelligence (AI) on Traditional Businesses in Indonesia
Get PDFThe integration of artificial intelligence (AI) in Indonesia's business landscape has ushered in significant changes, presenting challenges and opportunities for traditional businesses across various sectors. Understanding the implications of AI is crucial for navigating these changes effectively. This study aims to investigate the transformative impact of AI on traditional Indonesian businesses, specifically analyzing the opportunities and challenges associated with AI adoption and its implications for business strategies and operations. Utilizing a qualitative method, this study examines the influence of AI technologies on traditional Indonesian businesses. The study compiles data from academic literature, industry reports, and real-world case studies to analyze the intricate dynamics between AI technologies and human behavior. The findings reveal that AI integration offers numerous opportunities for traditional businesses in Indonesia, such as enhanced operational efficiency, improved customer experience, and innovation potential. However, significant challenges, including high implementation costs, data privacy concerns, and the lack of skilled AI talent, hinder widespread adoption. Despite these challenges, businesses that successfully navigate them can gain a competitive advantage in the digital age. This study contributes to the existing literature by providing fresh insights into the transformative impact of AI on traditional Indonesian businesses. It synthesizes recent research findings and case studies, offering valuable guidance for businesses aiming to leverage AI for strategic advantage
Value Management in the Nigerian Construction Industry: Challenges and Prospects
Get PDFThis study aimed to examine the state of value management in the Nigerian construction industry and to identify the challenges and prospects associated with its implementation. The study found that there is a lack of research on value management in the Nigerian construction industry, with a focus on the challenges and barriers rather than the benefits and best practices. The study also found that value management is not widely implemented in the industry, with limited understanding of the factors impacting its implementation. Specific challenges and barriers to the implementation of value management in the Nigerian construction industry were identified, such as lack of standardization and lack of expertise. Additionally, the study found that there is a limited adoption of international standards and best practices in value management, which could improve the performance of the industry. The study also found that there is a lack of training and education programs for construction professionals in value management, which is essential for effective implementation. Finally, the study found that there is a limited use of technology and data analytics to support value management in the Nigerian construction industry. Overall, the study highlights the need for further research, training and the adoption of international standards and best practices in order to improve the implementation of value management in the Nigerian construction industry
Determinants of Bribery and Corruption in Public Service Delivery: A Case Study in Nepal
Get PDFBribery is a multi-faceted phenomenon prevalent in Nepal's public service delivery. The amount of bribe provided differs by type and nature of services. This paper aims to assess the level of corruption in Nepal. It analyses the additional amount the service receivers supplied to the public officials and their determinants using logistic regression. It uses cross-sectional data collected by the Commission for Investigation of Abuse of Authority in 2017 from 1668 service receivers who received service out of 3400 applicants seeking different public services. It is revealed that the CPI score is 34, which indicates that the level of corruption is high in Nepal. Among the service receivers, 39% provided bribes to public officials and used intermediaries to complete their work, increasing public service costs. Analysing the determinants of giving fixes shows that gender, education, number of times visiting public offices, perception about the staff behaviour, age and the occupation of the service receiver were significant variables. These findings imply that it is crucial to promote integrity and accountability among public officials by enforcing and monitoring the compliance mechanism and providing different benefits to motivate them to deliver quality services on time. It is equally essential to develop transparent approaches and tools for service delivery