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    Analisa Exchange Rate Overshooting Melalui Pendekatan Error Correction Model

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    The main purpose of this study is to analyze the movement of Indonesian Rupiahagainst United States Dollar and its determinants. Frankel-Dornsbusch Overshootingis used as theoretical basis. It is stated that when an exchange rate is depreciatedproportionately exceeding money growth, it can be said that the exchange rate isovershoot. In other words, its value is fundamentally undervalued. By using data fromthird quarter 1997 through fourth quarter 2004 and using error correction model asits methodology, it can be concluded that in the short-run, Indonesian rupiah wasover-shooted. Furthermore, I also found that in the long-run Rupiah was convergedto its equilibrium value. These findings indicate the need of policy that can controlthe volatility of money growth, especially in the short-run horizon. Capital control isone of several policies that can be effective to maintain the stability of money growthand subsequently the exchange rate.Keywords: Frankel-Dornsbusch Overshooting, Exhange Rate, Money Supply,Error Correction Mode

    Dampak Implementasi GATT/WTO terhadap Ekspor Impor Indonesia

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    Although Indonesia has been a member of the World Trade Organization (WTO),but in fact the Indonesian trade, especially with regard to the export-import in thefree trade has not been established. This happens due to the competitiveness of theIndonesian national product is still weak. Nevertheless, as a consequence of Indonesiahas ratified the GATT / WTO, the government should try to improve the competitive-ness of national products through the Indonesian national law reform to formulatea Trade Policy that refers to the national interests of Indonesia, through the Law onAnti-Dumping and Safeguard.Keywords: Export, import, free trade, GATT/WTO

    Mengelola Pekerja Pengetahuan

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    A growing belief has emerged that effectively managing knowledge can enhance per-formance. Prosperity now depends less on access to physical resources and more andmore on the ability to create economically useful new ideas. Knowledge is a centralfeature of post-industrial societies. The significance of knowledge as a vital resourcefor the world’s economies has been underlined; it forms the basis for innovation andeconomic success. Knowledge has become the most important basis for competition.More organizations core competencies will center around managing knowledge andknowledge worker. Knowledge management is the strategy for creating, accessingand supporting this vital resource. The task of knowledge worker is acquisition,creation, packaging, or application of knowledge. However, the nature of knowledgework is different from administrative and operational work and that the people whoperform it resist structured approaches. Hence, a viable approach critically neededfor improving knowledge work.Keywords: knowledge management, knowledge work, knowledge worke

    Perdagangan Internasional dan Restrukturisasi Industri TPT di Indonesia

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    Considering that the Implementation of International Trade can be used to improvethe citizen welfare level, the governments from several countries formed WTO. Incontrast, there are a lot of problems caused by the different conditions among thecountries. Because of the regulation implemented to protect domestic products fromforeign product by developed countries, developing countries lose its competitiveadvantages. Thus developing countries, especially Indonesia, must try to increase itsbargaining power through WTO. To support this program, public accountant mustaudit government’s programs that have been disturbed by moral hazard during thelast period.Keywords: International Trade, WTO, Competitive Advantage, Regulatio

    Pemasaran Viral – Viral Marketing

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    Viral marketing is an extremely powerful and effective form of internet marketing. Itis a new form of word-of-mouth through internet. In viral marketing, someone passeson a marketing message to someone else and so on. Viral marketing proposes thatmessages can be rapidly disseminated from consumer to consumer leading to largescale market acceptance. The analogy of a virus is used to described the exponentialdiffusion of information in an electronic environment and should not be confusedwith the negative connotation of a virus that is often associated with malicious dis-ruptive software programs. The viral spread of information can be compared to theanalogy of a sneeze, which typically releases approximately 2 million particles. Thereare many forms of viral marketing, such as: e-mail, e-books, blog, social networksites, and video.Keywords: internet, viral marketing, virus, word-of-mouth, e-mail, blog, socialnetworking sites, viral video, viral e-book

    Manajemen Kenaikan Tarif PAM Untuk Peningkatan Akses Air Bersih Bagi Seluruh Masyarakat

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    World population growth causes increasing of demand for clean water. On the otherhand, at this moment, the Public water Utilities (PAMs) in various cities, especiallyin developing countries, unable to meet the needs of the entire population, especiallypoor families. Usually the price of piped water is very low. On the other hand, thepoor that no access to piped water pay more than the rich that have access.Usually, PAMs cannot serve the poor because they do not have fund to developthe new network. Furthermore, increase of water rates is necessary to collect moneyfor investment and service improvement. The tariff management must ensure allobjectives of public utilities such as: all families have minimum needs; water conversion;as well as PAMs have required profits are important in public water utilities.Very low tariff that make PAMs do not receive minimum profit for investment inservices and increase coverage area also directly make other objectives fail.The tariff plan of PAM Bandung municipality (PDAM) period 2006-2010 isused to describe tariff management planning. Actual condition in 2010 is also providedto compare the planning and result. Because limitation of data, this studyassume the planning is implemented.Based on the data, this study concludes that the tariff management of PDAM issuccess increase profit but fail improve household connections. Ironically, the connectionsfor the household go down and connections for the business go up. The tariffof PDAM, although they manage the increasing of tariff, cannot be categorized as thetariff increase to raise coverage area but increase to adjust the inflation.Keywords: water, public water utilities (PAMs), tariff, poor househol

    Application of ANNs and Dynamic Modeling for SMEs

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    Indonesian SMEs Garment Manufacturers (ISGMs) has become the main contributorto Indonesia’s Gross Domestic Product for the last ten years. At the same time, theState Minister for Cooperatives and SMEs received many reports on the discontinuedof the ISGMs. Currently, the ISGM managers have lack of management capabilities.This study focus on the use of artificial neural networks (ANNs) that is capableof interpreting the results of financial statements analysis (FSA). ANNs rules areencoded implicitly using an algorithm for automatic learning. Furthermore, the studyalso will investigate how to support the ISGMs by using pattern recognition in dy-namic modelling (DM). The combination of ANNs and DM may support the ISGMsin (1) analysing the firm’s performance, (2) interpreting the results of FSA, and (3)providing a simulation on what will happen if something occurred in the business.Keywords: financial statement analysis, ANNs, dynamic modelling, business,garment, SME

    Faktor Demografis Dalam Perilaku Pembelian Impulsif

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    Impulse buying behavior has received the attention of Western academic scholarsdue to the existing contradiction between what consumer say and what they actuallydo. Many consumers realize that this is not a right and good behavior. Neverthelessthey continue to purchase the products in this fashion. Even in USA, this behaviorhas become a common phenomenon. The goal of this research is to find out whetherconsumer’s demographic factors influence the impulse buying behavior or not. Inthis research, the impulse buying behavior is divided into two components: affectiveand cognitive components. The result reveals that respondent’s gender and age are theonly factors that influence the affective component, while in the cognitive component,the result shows that there is no respondent’s demographic factors influence.Keywords: Impulse buying, affective and cognitive components, gender, age,budget of spending, level of educatio

    Efisiensi Biaya Audit melalui Peningkatan Pengendalian Umum dan Aplikasi pada Bisnis Factory Outlet (Kasus pada Siklus Penjualan F O O01 di Bandung)

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    AbstractThe purpose of this study is to know the result of evaluation of the general controland application control of sales cycle in relation with audit scope and audit expense.By used the Analytical descriptive research method, and the research object is oneof factory outlet in Bandung, research resulted in the conclusion that general controland application control of sales cycle was satisfy.The company has applied all components that will increase control in salescycle by using Corsus software 1.1.62, such as keeping up IT administration,developing system, secure control for hardware and online. In input control,scanning of product barcode by cashier will be compared with inventorycode in Corsus, and securing the validity of input data will increase theinput control, while Corsus also has implemented log fiture that recordedall cashier activites in point of sales module. As the company has a verysatisfied IT control then this will reach up in the lower risk control. This factwill influence the scope of audit in many aspect like nature, timing, extentand staffing. Furthermore, all this aspect will come up to decrease the audit expenses.AbstrakPenelitian ini bertujuan untuk mengetahui hasil evaluasi pengendalian umum, danpengendalian aplikasi pada siklus penjualan dihubungkan dengan luas audit dan biayaaudit. Dengan menggunakan metode deskriptif analitis, dan objek penelitian salahsatu Factory Outlet di Bandung, hasil penelitian menunjukkan bahwa pengendalianumum dan aplikasi siklus penjualan telah memadai.Perusahaan menggunakan Software Corsus 1.1.62 untuk menerapkan semuakomponen pengendalian, seperti adanya administrasi IT, pengembangan sistem,pengamanan fisik hardware dan on line. Pada input control, scanning barcode produk yang dilakukan kasir akan dicocokkan oleh Corsus dengan kode persediaan,adanya pengendalian validitas input, serta adanya modul implementasi fiturlog yang mencatat semua aktivitas kasir selama melakukan penjualan, telah turutmeningkatkan pengendalian aplikasi siklus penjualan. Pengendalian yang memadaiatas implementasi ini, mengakibatkan turunnya risiko aktivitas penjualan sehinggaakan mengurangi luasnya audit dari sudut sifat, waktu, kedalaman, serta staf yangdigunakan sehingga akan menurunkan biaya audit.Keywords: IT control, general control, application control, audit scope, auditexpense1. Pendahuluan

    Tim dan Organisasi Pembelajar

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    Organization landscape that growing more competitive require organizationto change self individually work-based becomes team setting. Team-basedorganizations is solution for getting the superordinate competitive ability. Basicallyteam potencies can empowered to produce high performance organization. Inother hand, with existence of team, then organization already a step goes forwardto transform become learning organization. This Organization is believed as theorganization structure that can produce continuous innovation.Keywords: team, competitiveness, learning organizatio

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