Business World Research Articles

Tanggung Jawab Pelaku UMKM Sebagai Merchant Dalam E-commerce

Introduction: The dynamics of globalization and technological advances have changed the business world significantly, especially with rapid developments in the field of electronic commerce (e-commerce). Significant growth in this field is expected to make a positive contribution to the development of Micro, Small and Medium Enterprises (MSMEs) by expanding market access.Purposes of the Research: To find out and analyze the responsibilities of MSME actors as merchants in e-commerce.Methods of the Research: The legal research method used in studying this problem is normative juridical, which is based on primary, secondary and tertiary legal materials, and uses a statutory approach and a conceptual approach.Results of the Research: The results of this research show that quite a few business actors do not fulfill their obligations, namely being responsible for fulfilling consumer rights. The form of consumer rights that is violated by business actors in a food product for consumption by consumers is stated in Article 4 point (3) regarding the provision of correct and clear information about a product, goods and/or services. Therefore, business actors are obliged to follow food production standards and maintain product quality in order to meet consumer needs and satisfaction. To protect consumers from business actors whose rights are not fulfilled, the Consumer Protection Law provides protection to consumers in two forms, namely preventatively and repressively. By using strict liability, the application of absolute responsibility solves problems faced by consumers without the need to prove fault, so that consumer rights based on this responsibility can provide legal protection

Time-heterogeneous impacts of global temperature cycle on world business cycle

ABSTRACT We study the statistical relationship between the world business cycle and the global temperature cycle. To amplify the signal-to-noise ratio, we estimate a two-state latent dynamic process from the original data using the endogenous regime-switching methodology. Subsequently, we apply a time-varying structural VAR analysis to identify the time-heterogeneous relationship between the extracted latent factors. Our findings provide empirical evidence that the global mean temperature cycle has a negative impact on the world business cycle during super El Niño periods, which are characterized by relatively high temperature variance records given the past information.

Artificial Intelligence for Supply Chain Management (SCM): A Thematic Literature Review

Artificial intelligence (AI) is rapidly diffusing and becoming increasingly popular in the business world, as the most vital driving force to transform the business process in recent years. The applications of AI now are impacting all aspects of business operations, which also include Supply Chain Management (SCM). This research examines and discusses the current AI technologies used in logistics and SCM, including AI methods like Machine Learning (ML) and Advanced Data Analytics. We have conducted comprehensive research from literature research on available AI-based industrial applications today and explored some significant AI challenges for the SCM in business and related careers. The discussions cover AI's primary functions, including supply chain configuration, agility, demand forecasting, inventory control, scheduling, and solving SCM logistics issues. To sum up the discussions, we provided managerial implication suggestions for SCM professionals and researchers.

Entrepreneurial Leadership Development in the Digital Age

During the second half of the 21st century, academia has presented different studies to conceptualize entrepreneurial leadership without academic consensus.Although leadership and entrepreneurship are distinct, the literature has come to understand their similarities (Harrison et al., 2020). Despite the large number of publications, the characteristics of a leader should be based on an entrepreneurial profile, mainly to gain competitive differentiation for companies through the productivity of their human capital (Addy et al., 2024). Over the last century, the business world has undergone several transformations intrinsically linked to innovations and developments in Information and Communication Technologies. Over the last few decades, the installed business park has changed in computerization and automation, making it necessary to equip human resources with ICT-related tools and knowledge. This and several generations cooperating in companies have brought new challenges to leadership (Figueiredo and Joaquim, 2023). However, in contemporary times, the business sector has to acknowledge the challenges inherent in meeting ESG indicators to respond to the SDGs, forcing leaders to equip themselves with entrepreneurial skills to involve, motivate, and create strategies for promoting innovation and retaining talent (Addy et al., 2024). According to Omeihe et al. (2023), “the role of entrepreneurial leadership in enhancing positive business outcomes” (2023, p. 1), but the authors also acknowledge that leaders should embrace several attributes and skills to implement this new leadership perspective. The entrepreneur concept has gained new topics to discuss and internalize, including ICT and the sustainable domains paradigms regarding the ESG indicators and the SDG goals. This article aims to understand the challenges and competencies needed to conceptualize entrepreneurial leadership by critically reviewing the existing literature and linking it to the inherent needs of ESG and SDG goals; it seems to be the only way to understand and internalize the processes and procedures involved in entrepreneurial leadership in the digital age.

The Significance of Responsible Leadership for Innovative Work Behaviour: A Conceptual Framework

Responsible leadership is a key foundation in today's dynamic business world, where the call for ethical behaviour and innovation is louder than ever. Unlike traditional leadership paradigms, responsible leadership represents a multifaceted relationship and views leadership as a dynamic interplay between leaders and stakeholders, rather than a one-sided leader-follower dynamic. Based on this understanding, our study developed a conceptual framework for the relationship between accountable leadership and innovative work behaviors. It also identified mediating-moderating roles to better understand the linkages and gaps in the research. The conceptual framework was developed based on a literature search of 82 studies. The individual constructs of the model were analysed with the findings of other studies and the theoretical and practical contribution was identified through synthesis. In order to create a sustainable future, it is imperative that the pursuit of continuous innovation and the principles of responsible behaviour form the cornerstones of any society. Responsible leadership stimulates innovative work behaviour not only for the benefit of the organisation but also for the well-being of all stakeholders. This is essential to building the relationships and corporate culture that mediate this relationship. The moderator of this relationship is the moral intelligence of the responsible leader, which strengthens the relationship between responsible leadership and innovative work behaviour. The study contributes by providing a comprehensive review of the existing knowledge on responsible leadership and innovative work behavior. Furthermore, it enriches scholarly knowledge and offers practical insights into the characteristics desirable in CEOs to promote responsible and innovative business behavior.

Developing a multidimensional scale for presenteeism: A study on measurement and implications

Presenteeism is among the key factors that negatively affect employee efficiency and, therefore, company organi zational performance. The existing measurement tools for assessing presenteeism highlight health-related issues as the main reason behind this counterproductive behaviour. On the other hand, other factors that influence modern business life and pro cesses are omitted. The paper’s primary purpose is to develop a comprehensive measurement tool suitable for the individual and organizational multi-factor structure of presenteeism that accurately reflects the complex nature of today’s business world. Meth odologically, the research is shaped within the framework of grounded theory. In the study, mixed methods research combining qualitative and quantitative methods was utilized. In this context, firstly, the authors conducted a literature review and focus group interviews with experts in the field in order to reveal the conceptual structure. We analysed the data using content analysis and then moved on to writing 18 scale items. We performed exploratory factor analysis using the SPSS program and confirmatory factor analysis using the AMOS program. As a result, we develop a four-dimensional scale for presenteeism covering work focus, stress management, social loafing, and performance. The verified multidimensional scale fills a vacuum in the literature by offer ing a comprehensive and dependable instrument to gauge presenteeism on organizational and individual dimensions. Among the possible avenues for further research are testing the scale in different cultural contexts and addressing the organizational causes of presenteeism.

Digital humanists in the modern international business world—Bulgarian context

Digital humanists play a crucial role in the modern international business world by combining the principles of regular employees with the advancements of digital technologies to address a variety of challenges and opportunities. They are specific labour forces that are driving digital transformation and innovation in the modern international business world. This article presents some key impacts the digital humanists have on global business practices and strategies particularly in the area of international business. Using the advantages, the digital era in which we live provides, digital humanists are becoming part of the international workforce but in a different and non-standard way. The main purpose of this article is to highlight some of the main characteristics of this modern workforce, the advantages and disadvantages of such an approach. It should be noted that the article is part of a scientific research dedicated to the changes in the international human resource management due to the technology developments and digitalization of the international business. The main research methods used are literature summary and analysis, comparative analysis, focus group interviews.

Shifting priorities and expectations in the new world of work. Insights from millennials and generation Z

In the contemporary world of work and modern business, the well-being of a company is directly linked with the well-being of its employees, and in this context, the proactive promotion of work-life balance has become more important than ever because it meets the new ideal and is an ongoing challenge through the lens of the younger generation’s age groups. By unpacking worklife balance into five drivers, the present paper aims to explore the recent trends, priorities, and expectations of the modern workforce. The target population was represented by two generations of employees, Millennials and Generation Z, and the research hypotheses were tested using structural equation in SmartPLS. The results of this research aim to enhance the current knowledge base, offering a distinct perspective along with significant findings for employers, managers, recruiters, policymakers, and other nodes of control who can gain insights regarding work-related priorities and expectations.

Impact of AI-Driven CRM on Customer Relationship Management and Business Growth in the Manufacturing Sector

The impact of AI technologies has changed major aspects of human lifestyle along with the operations of the business world at contemporary world. The dynamic shift has developed new processes and techniques within the manufacturing sector that is closely connected with the business improvement and customer relationship management. Based on this change, the research adopted a secondary qualitative design along with a case study approach to analyse the impact of AI-drive CRM on business growth and customer relationship management within the manufacturing industry. The findings suggested overall improvement of the business and vital enhancement of customer relationships within the industry as AI-driven CRM systems have improved customer satisfaction through seamless demand fulfilment.

Analisis Pengaruh Kelengkapan Produk dan Promosi Penjualan Terhadap Keputusan Pembelian Konsumen di Transmart KarawanG

The research was conducted at Transmart Karawang. In the current era of globalization, demand from consumers is increasing so as to provide profitable potential for the business world. A survey was conducted on the customer value index of 10 stores in Indonesia, one of the retail companies that is experiencing these problems is Transmart which occupies the fourth position. Reporting from kompas.com, it is said that at least 12 Transmart outlets will be permanently closed throughout 2022. The problem of declining sales levels at Transmart Karawang, as evidenced by the decreasing number of customers visiting the store, is the main subject of this study. This phenomenon is believed to arise due to consumer skepticism about their purchasing choices, which are influenced by product completeness and sales promotions. The purpose of this observation is to understand how product completeness and sales promotion affect consumer purchasing decisions at Transmart Karawang. Translated with DeepL.com (free version)The subjects of this research are consumers or customers of Transmart Karawang. The research methodology used quantitative and survey methodologies. The applied data sources include main data and supporting data, while the applied data collection techniques include questionnaires, face-to-face interactions, observations, and literature studies. A research sample of 99 respondents was selected from a population of 8422 using the Slovin formula. This research utilizes multiple linear regression analysis methodology using SPSS version 27.0 software to evaluate the effect of product completeness and sales promotion on purchasing decisions at Transmart Karawang. The research findings show that 82.9% of consumers in Transmart Karawang are influenced in their purchasing choices by the presence of product completeness and purchase promotions. A total of 17.1% of the evaluation was influenced by unresolved issues in this study.

Profit Analysis of Broiler Chicken Business in Semi Closed House and Closed House in Marrang District, Pangkajene Islands Regency

Competition in the business world is getting tighter, nowadays entrepreneurs are required to be able to develop their business in order to develop, progress, grow and become successful entrepreneurs. The purpose of this study was to determine how the income of broiler farmers compares in Semi Closed House and Closed House in Attangsalo Village, Ma'rang Kecamatam, Pangkep Regency. The research was conducted in June 2024. The method used is descriptive method with observation, interview, survey and documentation techniques. The profit obtained in the first period amounted to Rp.95,182,489 in the second period of Rp.85,110,261, the third period amounted to Rp.80,248,972, in the fourth period amounted to Rp.166,780,136, in the fifth period Rp.125,964,691, in the sixth period Rp.87,759,266, in the seventh period Rp.74,914,884, in the eighth period Rp.39,188,492. Comparison of farmer profits over the past 2 years with a population of 14,000 heads in close house cages that do not apply technology, the income earned decreases in each period while cages with a population of 24,000 heads in close house cages by applying technology increases in each period. This shows that farmers who use technology are much better.

Strategi Implementasi Manajemen Perubahan dalam Meningkatkan Kinerja Bisnis pada UMKM Perikanan Kabupaten Karawang

Competition in the business world is indeed very tight in Indonesia, as in many other countries. Indonesia’s economic growth has created new business opportunities, attracting many MSMEs who were born to compete in pursuing a growing market share. The purpose of this study is to determine the implementation strategy of change management in an effort to improve business performance in fishery MSMEs in Karawang Regency. This study observes and analyzes using a descriptive quantitative approach. This study has an “ex-post de facto” nature. The implementation strategy of change management can make a significant contribution to improving business performance. Implementation strategies help organizations to be more responsive to changes in the market environment. This allows businesses to adapt more quickly to new trends and demands, maintaining competitiveness. Focusing on change drives a culture of innovation within the organization. Employees who feel encouraged to provide ideas and try new things can create innovative solutions to improve performance

The Impact of Knowledge Management on Employee Performance in Knowledge Process Outsourcing Companies in Sri Lanka

Abstract In the modern business world, organizations strive for competitive advantage. This study examines the impact of knowledge acquisition, knowledge creation, knowledge capture and storage, knowledge sharing, and knowledge application on employee performance in Knowledge Process Outsourcing (KPO) companies in Sri Lanka. The study adopted a quantitative approach, employing a structured online questionnaire distributed amongst the KPO industry employees. The data is analyzed using statistical methods such as correlation and multiple regression. According to the findings, knowledge management has a significant impact on employee performance in KPO companies in Sri Lanka. This result indicates a significant relationship between the selected knowledge management components - acquisition, creation, capture and storage, sharing, application and employee performance. However, challenges such as a lack of comprehensive knowledge management strategies, limited employee engagement, and cultural barriers are identified. The findings prove the need for KPO organizations in Sri Lanka to prioritize knowledge management strategies. The study contributes to the literature on knowledge management in the KPO industry.

Implikasi Eksekusi Kurator Atas Aset Debitor Pailit Yang Berada Di Luar Batas Yuridiksi Indonesia

Introduction: The development of an increasingly advanced economic system seems to have opened up opportunities for cooperation that can be built by entrepreneurs both at home and abroad. The business world is also conducted not only within one's own country, but the business world is now developing to establish business relationships with other countries in the world (transnational). In this way, the assets owned by debtors or creditors are not in their own country but are in other countries. Business relationships carried out between debtors and creditors do not always run smoothly, if these business relationships fail, it will happen that both debtor and creditor assets are located in several countries and this also results in multiple jurisdictions.Purposes of the Research: This research aims to analyze the implications of the curator's execution of assets of bankrupt debtors outside the jurisdiction of Indonesia.Methods of the Research: This research uses a normative juridical method with a statutory approach and a conceptual approach, and legal materials are analyzed using a deductive method.Results of the Research: That Law No. 37 of 2004 concerning Bankruptcy and PKPU does not regulate the authority of curators in executing bankruptcy cases outside the jurisdiction of Indonesia, especially those that conflict with the jurisdiction of other countries, so it is necessary to revise the Bankruptcy Law regarding Cross-Border Bankruptcy, especially in terms of supporting ease of doing business.

Decision Support System for Determining Recipients of Subsidized Foodstuffs for Poor Families Using the Simple Addictive Weighting Method

Technology is increasingly becoming a necessity that must be met, both in the world of education and in the world of business and social, especially information technology is used not only as a support but also as a primary need that can be used to provide information quickly. In accordance with what has been determined to obtain Subsidized Food, criteria are needed to determine who will be selected to receive subsidized food. The distribution of subsidized food is distributed to underprivileged or poor citizens. To assist in determining who is eligible to receive subsidized food, a decision support system is needed. One method that can be used for Decision Support Systems is by using Simple Additive Weighting (SAW). In this study, a case will be raised, namely finding the best alternative based on predetermined criteria by using the SAW method to calculate the method in the case. This method was chosen because it is able to select the best alternative from a number of alternatives, in this case the intended alternative is those who are entitled to receive subsidized food based on the specified criteria. The study was conducted by finding the weight value for each attribute, then a ranking process was carried out which would determine the optimal alternative, namely the poor. After the study was conducted, the results obtained were that there were 4 alternatives receiving Subsidized Food and the one with the highest value was alternative 5 with the name Yuhel Fentri with a value of 0.875.

Entrepreneurship education and digital transformation, opportunities and challenges in Indonesia

This article explores the landscape of entrepreneurship education in Indonesia amid the wave of digital transformation. The research method uses Systematic Literature Review (SLR) to review research results sourced from journals indexed in Sinta or nationally accredited journals in Indonesia which can be accessed on Google Scholar. The conclusion, (i) Digital transformation-based entrepreneurship education creates a new learning model in colleges with the aim of developing entrepreneurial attitudes and values among young people, especially students, so as to produce entrepreneurial intentions. (ii) Higher education as an entrepreneur education provider must follow the progress of digital transformation in the teaching process of entrepreneurship education so that digital literacy among lecturers and students is getting better. (iii) The participation of stakeholders, the Government, college and the business world, is expected to provide support in policy making, especially curriculum changes in accordance with current circumstances in creating new business actors or entrepreneurial intentions.

Strategi Digital Marketing Dalam Meningkatkan Penjualan Ikan Hias Cupang (Studi Kasus pada Bastyan Betta Farm Melalui Media Sosial di Desa Dander Kecamatan Pesantren Kota Kediri)

In this modern era, the development of information technology has changed the world of marketing in recent years. Traditional and conventional marketing communication methods are now gradually being integrated into the digital world. This type of research uses a descriptive method with a qualitative approach. Qualitative methodology is a research procedure that produces descriptive data in the form of written and spoken words. The presence of digital marketing or advertising has had a positive impact in the business world where the process of marketing a product can easily be done by creating digital photo or video content about a product to be marketed and then uploading it to several available social media application platforms. The conclusion in this research is that the digital marketing strategy carried out by Bastyan Betta Farm to increase sales is by creating and posting interesting photos or videos using social media, namely Instagram, Facebook and Whatsapp.

Adaption of Artificial Intelligence (AI) to enhance business and collaboration between countries, focusing on Saudi Arabia

Artificial Intelligence (AI) is one of the most ingenious inventions drastically transforming the business world. The question is whether the current growth of AI is all hype or if it has the potential to revolutionize the world is raised by the abundance of intelligent goods and services that have emerged in recent times. Technological developments in AI pave the way for creating technologies that resemble humans and can operate independently and imitate our intellectual processes. Numerous industries have shown considerable interest and enthusiasm in adopting AI due to technological advancements. As a result, numerous businesses are making significant investments to leverage this opportunity through innovative business models based on AI. The study aims to establish a model based on an evidence-synthesis approach that demonstrates how the business sector in Saudi Arabia can incorporate AI to achieve better outcomes and strengthen its relationships with other countries. However, the study also highlights some advantages and disadvantages of adopting AI models in the business industry so a balanced approach can be used to incorporate AI in different aspects of the business. The study recommends incorporating AI in different health, education, and business sectors in Saudi Arabia to foster international relationships in Saudi Arabia.

Data Analytic in Internal Auditing: A Scoping Review

Technology has become a more significant component of internal and external audits, and rapid changes are occurring in auditing procedures to reflect developments in the business world. This study aims to review existing literature on Data Analytics in Internal Auditing. The research utilizes the scoping review method, which follows the protocol established by Arksey and O'Malley (2005). The investigation has 20 years of observation, from 2003 to 2023. Thirty-nine articles were selected from electronic databases: Sage Journals, Springer, Taylor & Francis, Wiley, Emerald Publish, and Science Direct. The mapping research demonstrates the growth of data analytics in internal auditing. Key findings indicate that data analytics offers numerous advantages for internal auditing, including improved risk identification, enhanced fraud detection, increased operational efficiency, and better decision-making support. However, significant challenges persist, including issues related to data quality, skills gaps, organizational resistance, and technological constraints, emphasizing its crucial role in improving internal audit effectiveness and efficiency and indicating which skills internal auditors need to gain knowledge about internal auditing technology. The Review concludes by identifying gaps in the literature and suggesting future research directions to further advance our understanding of data analytics in internal audits and its implications for organizational performance and compliance.

Pengaruh Kreativitas dan Inovasi terhadap Kewirausahaan

The approach of writing this article is to use descriptive analytic to analyze the impact of creative and innovative ideas on the world of business entrepreneurship. The data collection technique is the search for secondary data obtained from sources relevant to the topics discussed. By applying this concept, you will have a great opportunity to face the challenges that exist and have great potential in facing today's increasingly fierce business competition. Businessmen will be unable to compete with similar businesses if they do not take advantage of these creative and innovative ideas and the products marketed will not attract consumers so that the business they run will experience a decline. Therefore, the existence of this idea will have a considerable impact on the economy and the business world so that consumers do not get tired of buying and using these products. However, consumers can feel satisfied because they can use a product with many benefits that can be utilized by consumers Keywords : entrepreneurship, creativity, innovation