Business World Research Articles

Manajemen praktek kerja lapangan pada program keahlian teknik komputer dan jaringan di SMK Prima Sejahtera Kotamobagu

The purpose of this study was to determine and analyze the management of Field Work Practice (PKL) Computer and Network Engineering Expertise Program at SMK Prima Sejahtera Kotamobagu, in terms of Planning, Implementation and Evaluation. This research is a type of qualitative research with research procedures that produce descriptive data. The methods used by researchers to collect data are observation, interviews and documentation studies. The subjects of this research are the Principal, Deputy for Public Relations, Head of the Computer and Network Engineering Department (TKJ), Supervising Teacher. After the data is collected, the data is analyzed including data reduction, and conclusion drawing. Based on the results of the study, it shows that the PKL planning stage includes: 1) PKL committee formation and coordination, 2) Industry mapping, 3) Administrative preparation (such as: making submission letters and submission procedures, making submission and withdrawal letters, making PKL activity schedules), 4) Determination of PKL place, 5) Debriefing. The stages of implementation activities: 1) Delivery of PKL students, 2) PKL implementation process in the Business World / Industrial World (DUDI), 3) PKL program monitoring, 4) Journal preparation of daily PKL activities, and 5) Withdrawal of PKL students. The PKL evaluation stage includes: 1) Completion of the journal which is carried out after the pick-up of students, 2) PKL assessment based on the results of coordination by industry and school supervisors and based on the results of reports/journals.

PERANCANGAN SISTEM WAREHOUSE BERBASIS TEKNOLOGI OCR UNTUK MENINGKATKAN EFEKTIVITAS DAN EFISIENSI

PERANCANGAN SISTEM WAREHOUSE BERBASIS TEKNOLOGI OCR UNTUK MENINGKATKAN EFEKTIVITAS DAN EFISIENSI

Management behaviour in Confucian culture

AbstractConfucian culture, the core value of Chinese society, influences daily life and, in the business world, has a significant impact on management behaviour. Based on an introduction of Confucian culture and Chinese society, this study investigates how Confucian culture influences management behaviour from the perspectives of economic performance, corporate governance, human capital and innovation. Furthermore, this paper discusses the implications for future research on Confucian culture and management behaviour. The analysis in this study provides a reference for research on management behaviour under specific cultural patterns.

Untangling the Paradoxical Relationship Between Religion and Business: A Systematic Literature Review of Chief Executive Officer (CEO) Religiosity Research

Despite numerous chief executive officers (CEOs) citing their religious convictions as the primary guiding framework for their decision-making, leadership behavior, business philosophy, and motivation to contribute to society, the impact of CEOs’ religious convictions is relatively limited in the business literature. However, the widespread yet potentially ambiguous impact of CEO religiosity, encompassing both a CEO’s religious denomination and level of religiosity, on individual, organizational, economical, and societal levels remains a neglected area of research. This gap is attributed to challenges in conceptualizing and measuring this multifaceted construct, with existing research scattered and predominantly confined to the ethics domain. Notably, this oversight is significant given the pivotal role that CEOs, as primary decision-makers, play in organizational dynamics. This article aims to address this gap by conducting a systematic literature review of 50 articles focused on CEO religiosity, seeking to enhance the understanding of personal religion in the business world. Through an analysis of publication trends, methodological approaches, theoretical frameworks, and empirical findings, the review not only offers insights for future research and theorizing but also proposes a conceptual framework for understanding and advancing CEO religiosity research. Additionally, this review identifies specific areas warranting further investigation, thereby highlighting existing research gaps and providing explicit starting points for future research. Through these contributions, this article provides a blueprint for future research on CEO religiosity and holds significant implications for management practice.

Corporate Social Responsibility and Spirituality: Islamic Perspective

Scientific concern regarding CSR continues to grow in the business world. Previously, CSR studies did not include elements of morally binding values. Then this phenomenon developed by entering spirituality as a source of important values in CSR. Therefore, the literature on the topic must provide an up-to-date overview of religion-based CSR research. This literature aims to understand the concept of CSR based on Islamic spirituality. This literature review has five main stages, namely identifying research questions, identifying relevant studies, study selection, making data charts, compile, summarize and report results. The studies reviewed were from the Emerald, Springer, and Taylor Francis electronic databases. The study results show that from an Islamic perspective, CSR leads to social justice, and CSR is completely selfless in creating prosperity. The implications of this study are expected to be a reference and guideline in implementing CSR based on Islamic spirituality which adheres to religious values with the aim of justice and social welfare, so that companies can achieve sustainability.

DEVELOPING COMPETENT MANAGERS THROUGH PEDAGOGIC PRACTICES- A CONTRADICTION ANALYSIS FOR B-SCHOOLS OF NORTHEAST INDIA

With the rising demand for a “competent workforce” in the 21st-century business environment, Workplace learning is the centre stage of higher learning curriculum, which nobody can deny. In this direction management education plays its role as a path-leader. To nurture and prepare future managers for the changing requirements of the business world Bilimoria (2000), B-Schools can play a pivotal role. A plethora of research established on the issue of the “curriculum gap” to equip learners with the identified and relevant workplace competencies. Management education imparted by the B-schools and universities must deliver the most relevant workplace competencies.It is very important that the present educational system broadens its scope and equips future graduates with the latest and relevant competencies as per the demand of the industry. Does it so in reality and practice? In the global arena of management education, Indian B-schools are not resistant to the pressures of the recent times requirements of the industries. To meet the interests of society, industry, government, and the global community in general, Indian business schools must reinvent their management education to ensure its relevance over time. The present study is an effort to delve into associating workplace competencies most desired by industry with relevant standard pedagogic practices and comprehend how they differ from each other, based on the students and faculty of the select B-schools who perceive the source of workplace competencies through the various educational practices by the Russel and Rao Proximity Analysis.

THE IMPACT OF ORGANIZATIONAL TRAINING AND DEVELOPMENT ON THE ORGANIZATIONAL PERFORMANCE

Improving organizational performance in today's fast-paced and competitive business world is mostly driven by organizational training and development (OTD) programs. In order to better understand how training interventions, affect KPIs, this study will investigate the complex link between OTD programs and organizational performance. Theoretically, we can comprehend how OTD affects organizational performance after a thorough literature analysis. To shed light on the workings of this connection, a number of theoretical frameworks are employed, such as the resource-based view, social exchange theory, and human capital theory. In addition, the study's conceptual framework is informed by the synthesis of empirical evidence from previous research projects, which helps to uncover trends and patterns in the literature. Examining critical mediating elements between OTD initiatives and organizational performance results is central to the analysis. Since training and development programs increase employees' dedication, enthusiasm, and discretionary effort to the organization's objectives, employee engagement becomes an important mediator. In a similar vein, work satisfaction is recognized as an important intermediary variable; training interventions boost employee satisfaction, which in turn leads to lower turnover costs and improved retention rates. Keywords: Organizational training, development, performance, employee engagement, job satisfaction, innovation, organizational culture, leadership support.

ОСОБЛИВОСТІ МЕНЕДЖМЕНТУ ТУРИСТИЧНОГО БІЗНЕСУ В УМОВАХ ГЛОБАЛЬНОЇ НЕСТАБІЛЬНОСТІ

The article examines the peculiarities of managing the tourism business in the context of global instability. The authors investigate the impact of global trends, economic crises, natural disasters, and political conflicts on the tourism industry. The paper discusses strategies of strategic planning, marketing, and customer service in changing conditions, as well as practices of sustainable development and responsible tourism. The authors emphasize the importance of adaptability and innovation in addressing the challenges facing the tourism business in today's unpredictable world. Furthermore, the article analyzes the impact of crisis situations on the tourism sector and provides recommendations for survival and recovery strategies post-crisis. It highlights the significance of collaboration among various stakeholders to ensure the sustainable functioning of the tourism industry amidst unpredictability and global challenges. The conclusions of the article underscore the necessity of implementing innovative approaches and utilizing modern technologies in tourism business management to ensure its resilience and competitiveness in the contemporary world. The article also delves into the importance of integrating ethical standards into tourism activities, particularly considering the socio-cultural aspects of destination sites. Strategies for mitigating negative environmental impacts and benefiting local communities are discussed, alongside the preservation of cultural heritage. It underscores that in a constantly changing world, adaptability and innovation are key success factors. The paper's conclusions highlight the necessity for collaboration among all stakeholders, joint efforts to address challenges, and leveraging opportunities in the tourism industry to stimulate sustainable economic growth and cultural exchange. Additionally, the article emphasizes the need for proactive crisis management strategies in the

EXAMINING THE DETERMINANTS OF VENTURE CAPITAL INVESTMENT SUCCESS IN START UP COMPANIES

The Indian startup scene has witnessed an unparalleled upsurge in recent times, garnering interest from both local and global quarters. The plethora of creative concepts, in conjunction with a favorable legislative framework and heightened accessibility to venture capital (VC) funds, has driven India to the forefront of the global startup investment landscape. In this ever-changing environment, it is imperative that researchers, practitioners, and policymakers alike focus on understanding the factors that influence venture capital investment success in Indian businesses. Especially in its early phases of development, venture capital, a type of private equity funding, is essential to the development and expansion of startups. In contrast to conventional funding options like public ownership or bank loans, venture capital offers not just cash but also industry contacts, mentorship, and strategic advice—all of which are crucial tools for start-up companies navigating the cutthroat business world. As such, the success or failure of venture capital investments has important ramifications for wider economic growth and innovation ecosystems, in addition to investors and entrepreneurs. With initiatives covering a wide range of industries, including technology, e-commerce, healthcare, finance, and agriculture, among others, India's startup environment is distinguished by its diversity and energy. The Indian startup scene is characterized by a diverse range of innovative and ambitious ventures, ranging from social enterprises tackling urgent societal concerns to disruptive technology firms upending conventional wisdom. But below all of this excitement are intricate dynamics and difficulties that influence how venture capital investments turn out. A variety of internal and external factors that interact in complex ways make up the multiple and multifactorial drivers of venture capital investment success in Indian businesses. The attractiveness of investment prospects and their potential for yielding returns are influenced by market factors, such as market size, growth potential, and competitive environment. Investors consider the caliber and competencies of the management team, which consists of executives, founders, and other important individuals, while determining the feasibility and expandability of businesses.

Regulatory Sandbox dan Implementasi pada Inovasi berbasis Financial Technology (Fintech)

Abstract. The development of financial innovation called "Financial Technology" has developed rapidly so far. Disruption to digital finance certainly needs to be regulated in such a way as to minimize risk and stabilize the state financial system. In an effort to regulate this innovation, regulators place limits on digital forms of finance that are widely used by the public. Today's society tends to have an instant, easy lifestyle, and use online transactions. In this era, digital finance is at the top of society, one of the most forms of fintech is application-based lending that brings together lenders and recipients/borrowers in one application. With digital financial innovation getting fast attention from competitors in the business world outside of banks, they tend to take advantage of the community and namely the rise of online loans. One of the efforts to mitigate risk by financial institutions is to issue a Regulatory Sandbox policy through Bank Indonesia Regulation Number PBI No.19/12/PBI/2017 of 2017 concerning the Implementation of Financial Technology and Financial Services Authority Regulation (POJK) Number 13/POJK.02/ 2018 of 2018 concerning Digital Financial Innovation in the Financial Services Sector (POJK 13/2018). This study intends to analyze the extent to which these regulatory issues have represented the needs of agencies and society. This legal research uses empirical legal research methods, which this research relies on applicable laws and regulations as well as other related literature. The results of this research are the ineffectiveness of current regulations among the public and regulators as well as the increasingly complex problems faced by financial institutions, especially in the field of banking.

Project-Based Module Development in the Electrical Circuit Course

Education is one of the efforts of awareness to realize cultural inheritance from past generations to new generations. Vocational education must prepare graduates who are easily absorbed by the industrial world and the business world, specifically for solving this problem, one solution is improving the learning model. The project-based learning model is able to form soft skills, gain knowledge to solve problems critically and creative thinking skills. The results of the research carried out were obtained, among other things, from each material validation statement, the experts stated that the module was valid and suitable for use. The results of media expert validation showed that the module was declared media valid. The response of lecturers in the electrical circuits course to the electrical circuits learning module gave a good response, namely the practicality level of the module was 78%, where the module was declared practical. A questionnaire distributed to students taking the Electrical Circuits course with 10 statements stated that the module received a score of 80%, where a score of 80% indicated that the module they used was practical for learning the Electrical Circuits course. The analysis carried out to see the results of the Paired T Test obtained a significant level of 0.000 < 0.05 which shows that there is a significant difference between the pretest and posttest results. It was concluded from this effectiveness test that there was a difference in the results before and after receiving treatment using Project-based Module Development in the Electrical Circuits Course.

Pendampingan Promosi Kepada Pelaku UMKM Kuliner di Desa Gunaksa Melalui Pengembangan Media Pemasaran Berbasis Digital

In this era, the business world is developing very rapidly and requires high creativity in facing changes from economic actors. Gunaksa Village is a village located in Dawan District, Klungkung. Gunaksa Village is one of the official villages which consists of 7 small hamlets. In Gunaksa Village there are several MSMEs for ancient traditional dishes. However, some MSMEs in Gunaksa Village, especially culinary MSMEs, still use conventional marketing methods that are not in line with technological developments. UNHI KKN students innovate and digitalize MSMEs towards an independent society. Training and creating a Google Maps Address with the initial stage, including an address on a digital social media account can make it easier for consumers to go to the MSME seller's place of sale. Making Promotional Videos. Making this promotional video aims to introduce traditional culinary delights in Gunaksa Village which are supported by the village government by holding the Gunaksa Cultural Festival. This is also useful for MSMEs to sell and promote products sold via social media. The methods used in assisting MSMEs include going to the field to observe and interview several culinary MSME actors in Gunaksa Village. For the problems that occurred, students provided solutions in the form of using digital media as an effective marketing strategy

The Influence of Start Up Entrepreneurs, Store Atmosphere and Service Quality on Green Marketing is Mediated by Consumer Satisfaction

Along with the development of the retail business, currently the retail business is no longer managed in a traditional way, but in a modern way. The rapid development in the business world can be seen from the rapid growth of modern shopping centers. All of this cannot be separated from the advantages offered by each shopping center. This research aims to determine the influence of start-up entrepreneurship, store atmosphere and service quality on green marketing mediated by consumer satisfaction. This type of research is a quantitative approach with a sample size of 132 consumers using purposive sampling techniques and the SEM-PLS analysis method with the SmartPLS Version 3.0 tool. Based on the research results, it is concluded that start-up entrepreneurship, store atmosphere and service quality have a positive and significant effect on green marketing and consumer satisfaction.

EMPLOYEE EXPERIENCE MANAGEMENT AND ITS CRITICAL IMPACT ON THE SUSTAINABLE DEVELOPMENT OF AN ENTERPRISE-A SYSTEMATIC LITERATURE SURVEY WITH META-ANALYSIS

In the business world, employees are the primary stakeholders and compatible assets that can promote efficiency and profit to the enterprise. This improves their positive experience is significant. Note that this study aims to conduct a systematic literature review to assess and understand the impact and influence of employee experience in an enterprise and its related factors. This literature survey includes 81 studies to identify the various influential factors on employee experience. A meta-analysis is performed on 19 studies (52 samples) to synthesise correlational data using an effect size estimate (r). It is discovered that there exists a positive relationship between employee experience and communication (r = 0.4875; 95% CI, -0.196, 1.171), Human Resources (HR) strategies and policies (r = 0.1885, 95% CI, -0.754, 1.131), organisational performance (r = 0.3471, 95% CI, -0.549, 1.24), employee well-being (r = 0.2312, 95% CI, -0.665, 1.128), superior support (r = 0.0472, 95% CI, -0.433, 0.527), work-life balance (r = 0.7546, 95% CI, -0.1383, 1.6474), job satisfaction (r = 0.1034, 95% CI, -0.559, 0.352). Thus, employee experience has a huge impact on the various factors that are necessary for the sustainable development of the enterprise. Therefore, the strategic initiatives are to be redefined by considering employees to be one of the significant factors.

THE ROLE OF INNOVATIVE TECHNOLOGIES IN SUPPORTING THE EDUCATIONAL PROCESS IN HIGHER EDUCATION INSTITUTIONS OF UKRAINE IN THE CONDITIONS OF WAR

The article represents an attempt to comprehend the influence of war on higher education landscape in Ukraine and find the ways to mitigate negative impact, in particular, based on comparison with the experience of war period in Syria. The application of multidisciplinary approach allowed investigating the most recent and innovative trends in higher education implying borrowing of best practices from the business world (predominantly, IT development) and projecting them on the sphere of higher education in its current conditions in wartime Ukraine.

AN ALTERNATIVE APPROACH TO TEACHING MATERIALS DESIGN FOR PROMOTING AUTHENTIC COMMUNICATION IN UNDERGARDUATE BUSINESS ENGLISH COURSES AT SEEU

Business English coursebooks undoubtedly offer structure and provide the necessary frame for students to rely upon, however, a pitfall to be avoided is blind, uncritical and unselective overreliance on them. The idea behind this paper is not to entirely banish ESP for Business coursebooks but to supplement them substantially with authentic written, audio and video materials tailored to students’ immediate and future needs. This paper advocates incorporating new approaches and practises in materials design and selection. When intended to be used with inexperienced students, business English teaching materials play a major role in introducing students to the real world of business, in addition to equipping students with the necessary business related vocabulary and the most frequently used grammar structures. This paper also summarizes the findings of a student survey on the extent to which the business English teaching materials used at SEEU incorporate the essential features of real-world business communication.

Islamic business ethics of culinary business actors by Pontianak City

As a business actor, the importance of behavior in pursuing the world of business, business ethics or moral values is a critical point that becomes an important handle. Business ethics in Islam here has an orientation to maintain the rules that have been applied in accordance with Islamic sharia and do not approach the nature of greed and selfish behavior. Not a few business actors who do not pay more attention to ethics in the scope of their business activities, the role of ethics here is very important, especially in business transactions in it. This study aims to determine the use of business ethics principles in business activities and their implementation in the form of production results by culinary business actors souvenirs of Pontianak City. By using five principles of business ethics in the form of tawhid principles, balance principles, free will principles, responsibility principles, virtue principles, and this research involved 30 business actors who are Muslim and used Likert scale analysis methods. Based on the results of Likert scale analysis, it shows that business actors have used the principles of Islamic business ethics and implemented the form of products that are produced well so that they can be accepted by the market.

An Analysis of the Obstructive Factors that Impact the Empowerment of Women Entrepreneurs in Sri Lanka

The sector of small and medium enterprises is considered an encouraging platform for the economic empowerment of women through participating in economic development as entrepreneurs. The lower productivity exhibited by these SMEs in Sri Lanka was identified as a result of the high participation rate of female entrepreneurs in the informal economy. An unfavourable environment has been created obstructing the transition of women entrepreneurs towards the upper echelon of the business world through diverse impediments. Thus, the research focused on exploring the barriers that hinder the business growth of women entrepreneurs in small and medium-scale enterprises. Accordingly, the research was conducted as secondary research: a literature survey. In Sri Lanka, a minor percentage of female participation in small and medium enterprises occurs due to limited access to financial resources, lack of financial literacy, social prejudices, social and cultural restrictions, and limited opportunities for networking and communicating with external resources. Thus, closing the gender gap in education, giving access to capital through a concerted policy action and providing women entrepreneurs with opportunities to improve their financial literacy and educational level were highlighted as the major recommendations in the study to empower women entrepreneurs to climb the value chain. Women entrepreneurs in small and medium-scale enterprises need to be facilitated with greater access to the domestic, regional and international markets in order to enable them to expand their businesses with productivity and innovation. Thus, vital policy measures should be taken to mitigate the barriers involved in formalizing the business mechanisms while focusing on increasing the benefits that women entrepreneurs can gain through that standardizing process.

Business simulation analysis based on leadership development with crisis management using gaming techniques and machine learning model

The reality of the modern, fast-paced business world is crisis. Instability in today’s business environment is brought on by rapid organisational change, shifting economic situations, people issues, unanticipated technological advancements, and political ramifications. The state is unable to control this instability, which manifests as economic disruptions leading to crises. In addition to harming those who have lost their employment, the crisis that is impacting our nation and every other nation in the world also affects others who are worried about losing their work. The aim of this research is to develop business intelligence simulation model with their leadership enhancement and crisis management using gaming model based on cloud network. Here the crisis management with leadership analysis is carried out using variational recurrent Boltzmann learning model (VRBL). the experimental analysis based on cloud network modelling in terms of execution time, network performance, overall complexity, data optimization, end-end delay. ML offers a more accurate and efficient prediction method than standard econometric models, making it more useful. In terms of prediction performance, the final fusion model performs better than the voting and averaging techniques.

Shopping Cart Analysis to Support Business Management with the Apriori Algorithm

The increasingly advanced development of the business world has led to increasingly fierce competition. One way to maintain the company's survival is to maintain good relationships with customers. Each market has its own way of increasing sales. Serambi Mart is one of the minimarkets operating in Batusangkar City. This minimarket is relatively new because it has been operating since 2020. Even though it is new, this minimarket is quite busy with consumers visiting for shopping, this is due to Serambi Mart management choosing the right location. Based on observations made, product layout arrangements are still based on subjective management, so there are several products that are not suitable to be compared. The layout seems messy, causing difficulties for consumers in shopping. By utilizing sales transaction data at Serambi Mart. This research uses the Apriori algorithm. The Apriori algorithm is an association rule and looks for relationship patterns between one or more items in data, using Association Rules with Minimum Support of 30% and Minimum Confidence of 50%. Therefore, an application is needed that can help Serambi Mart to get information. One way to get this information is to utilize data mining techniques. By using the Apriori Algorithm method for arranging the product layout at Serambi Mart, it is hoped that it can provide convenience to consumers who shop