Abstract
Company management must be able to manage everything that can affect the entire process in the company. This study aims to determine the effect of operational costs on Return on Assets at PT. Sinar Harapan in Jakarta. The method used was explanatory research with a sample of 5 years of financial statements. The analysis technique uses statistical analysis with regression testing, correlation, determination, and hypothesis testing. The results of this study variable operational costs obtained a minimum variance of 71.2 billion and a maximum variance of 89.8 billion with an average of 84.44 billion with a standard deviation of 75.11 billion. Return on Assets obtained a minimum variance of 0.7% and a maximum variance of 0.9% with a rating score of 8.04% with a standard deviation of 0.551%. Operating costs have a significant effect on Return on Assets with a regression equation Y = 17.517 + 0.0565X, and a correlation value of 0.885 or strong with a determination of 78.3%. Hypothesis testing obtained a significance of 0.046 <0.050.
Highlights
In the world of globalization, there is a new phenomenon in the business world, which is a shift in the focus of attention from empowering comparative advantage to empowering competitive advantage in order to win the business competition
Return on Assets obtained a minimum variance of 0.7% and a maximum variance of 0.9% with a rating score of 8.04% with a standard deviation of 0.551%
Based on the test results in the above table, the value of tcount> ttable or (3.294> 2.571) is obtained, the hypothesis proposed that there is a significant influence between operational costs on Return on Assets is accepted
Summary
In the world of globalization, there is a new phenomenon in the business world, which is a shift in the focus of attention from empowering comparative advantage to empowering competitive advantage in order to win the business competition. To ensure its survival, the company implements various policies to achieve its main objectives. The main objective of the company in general, namely to maximize profits achieved through increased sales of the company's products or services and to make cost efficiencies in various budget items (Harahap, 2011; Horne, J.C. dan Wachowicz, 2007; Junaidi, 2015). In various market segments with a competitive level of competition must be characterized by increased demand and internal efforts to save costs so that efforts to maintain the survival. Company management is required to be able to see and implement policies for the possibility of cost optimization (Assauri, 2008; Kotler & Keller, 2009; Lupiyoadi, 2013; Rusdiana & Zaqiah, 2014)
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