Business Turnover Research Articles

Determinants of Social Media Adoption by Millennial Farmers to Improve Business Performance: Perspectives from the Technology-Organization-Environment (TOE) Framework

To attract millennials to the agricultural sector, it is necessary to modernize agriculture using social media. Social media plays an important role as a marketing tool for farmers. The utilization of social media platforms can assist farmers in enhancing the effectiveness of their agricultural product marketing efforts, with the objective of increasing their income. This study aimed to determine the effect of social media adoption on the business performance of millennial farmers in Central Java using the technology-organization-environment (TOE) framework. The method used in this study was a quantitative descriptive approach with data collected from 120 millennial farmers located in 10 districts in Central Java. The data analysis method was carried out using SEM-PLS with the SmartPLS 3.0 application. The results of the analysis showed that business performance was influenced by social media adoption, and millennial farmers’ business turnover increased by 25% after using social media. Technological factors and organizational factors had a significant effect on social media adoption, while environmental factors were not significant. This study provided information on the factors that influence the business performance of millennial farmers in Central Java Province, which can help farmers in developing strategies to improve business performance and assist the government in developing programs to attract the millennial generation to the agricultural sector.

INCREASING THE SELLING POWER OF MICRO, SMALL AND MEDIUM ENTERPRISES THROUGH TECHNOLOGY OPTIMIZATION IN THE NORTH MERUYA AREA, WEST JAKARTA

The MSMEs in Meruya Utara Urban Village are essential to the local economy, particularly for middle- and lower- income communities. However, these businesses face several challenges, including (1) limited promotion of their products, (2) lack of familiarity with online sales opportunities, and (3) limited digital literacy, particularly in using online platforms for marketing. The potential for growth lies in empowering members of the small industry craftsmen association to utilize online media for product promotion, which could significantly boost their business turnover. This initiative is designed to introduce the community to the concept of digital promotion, equipping MSME actors with the knowledge and skills needed for effective online marketing. By learning to use digital tools, MSME players in Meruya Utara can better promote their products and increase their market reach. The program aims to enhance participation and involvement of MSME actors in digital marketing, ultimately leading to increased consumer awareness and sales. The urgency of this empowerment effort is to provide ongoing assistance and optimize digital media usage, enabling MSME actors to conduct massive promotions that significantly impact their target audience and drive sales growth.

On determination of fair and economically reasonable liquidation value of preferred shares

A preferred share on the Russian securities market is a limited instrument that is a hybrid between an ordinary share and a bond. In the business environment, disputes arise regarding the definition of the liquidation value, which differs from the balance sheet, market, nominal. The authors analyze the nature of the preferred share from an economic point of view, the customs of the business turnover established in the Russian Federation and develop a methodology for determining the fair and economically justified liquidation value of preferred shares.

Civil liability of the sole executive body of a business company: correlation with labor and tax law institutions

In modern conditions of business turnover, characterized by the desire of business entities to achieve the benefits and goals of social corporate responsibility, the issues of preserving the balance of interests of parties that have a diversified status are of particular relevance. Such subjects include the general director, who is simultaneously a management body, an employee and a taxpayer, being in relations with a business company regulated by both corporate, labor and tax law norms, which allows to qualify his status as a diversified one. The issue of correlation of the norms of three branches of law in relation to the status of the chief executive officer (CEO) through the prism of the institute of civil liability in the form of compensation for losses caused to the company by incentive (bonus) payments to the CEO is considered. The article assesses the law enforcement practice in disputes concerning the recovery of this category of losses from the director, where the courts give priority to the norms of corporate law without taking into account the explanations of the Constitutional Court of the Russian Federation on the unconditional right of an employee to receive bonuses, which are a variable component of salary. The court approaches are analyzed and their justifications are given with regard to the inclusion of the amounts of personal income tax paid by the company to the budget of the Russian Federation into the damages recovered from the CEO. The conclusions are made about the priority importance of labor and tax legislation norms in correlation with corporate law norms when applying the institute of directors’ indemnification for losses. The results of the study can be used for the development by the Supreme Court of the Russian Federation of appropriate explanations to the courts of lower instances on consideration of disputes on the recovery of losses from the sole executive body of a business company.

Analysis of Labor Absorption in Art Shop Businesses in the Tourism Area of Kuta Village, Pujut District, Central Lombok Regency

This research aims to analyze the influence of wages, turnover and length of business on labor absorption in art shop businesses in the Kuta Village tourism area, Pujut District, Central Lombok Regency. This study employs quantitative methodologies. This research utilizes primary data collected through the census method. The population in the study were 34 art shop businesses in the Kuta Village tourism area. This research employs a multiple linear regression analytical approach. The data analysis conducted using IBM SPSS 29 indicates that the pay variable exerts a negative and significant effect on labor absorption, whereas the turnover variable demonstrates a positive and substantial influence on labor absorption. Simultaneously, the length of the business variable exerts a favorable albeit insignificant influence on labor absorption within the art store sector. The research findings indicate that wages, turnover, and business longevity positively and significantly influence labor absorption in art shop enterprises.

Improvement of Performance Lemon Farmer Group in Marga Dajan Puri Village Marga District Tabanan Regency

Marga Dajan Puri Village is located in the Marga District of Tabanan Regency. The livelihoods of the village residents are quite diverse, with the majority engaged in agriculture and plantations. Based on the initiative of several villagers, they formed a group to cultivate Organic Seedless Israeli Lemon, consisting of 13 farmers led by Mr. I Made Suastika. The products they produce include lemon fruit, grafted seedlings, and organic fertilizer. There are several issues related to the management of this business, namely the lack of financial record-keeping, the absence of a promotional system to market their products, and production equipment that is already in disrepair. The activities conducted to assist this lemon farmer group include providing training and support for simple financial record-keeping, creating an online marketing promotion strategy, and procuring some new equipment. The goal of this service activity is to enhance the partners' understanding of business financial record-keeping and marketing, as well as to improve their production capacity. The expected outcomes of this activity include the implementation of simple bookkeeping, increased business turnover, production volume, and market share. The targets to be achieved are: enhanced competitiveness, increased turnover and added value for UMKM, application of science and technology in UMKM, publication in national/international journals, online media publication, and uploading videos on YouTube channels

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PERSEPSI PENGUSAHA UMKM TERHADAP LAPORAN KEUANGAN BERBASIS SAK ETAP DI KABUPATEN INDRAGIRI HILIR

The post-COVID-19 pandemic has impacted various sectors, one of which is Micro, Small, and Medium Enterprises (MSMEs), also causing a decline in the national economy. This research aims to empirically determine and test the influence of Business Turnover, Business Duration, Information Technology Utilization, and Accounting Comprehension on the Perception of MSME Entrepreneurs in Indragiri Hilir Regency. The sample of this study consists of 37 MSMEs in the small and medium industry sector in Tembilahan City District, Indragiri Hilir Regency, Riau. The type of research used in this study is descriptive qualitative research. The analytical technique used is multiple linear regression. The results of the hypothesis test partially show that Business Turnover does not affect the Perception of MSME Entrepreneurs, while Business Duration, Information Technology Utilization, and Accounting Comprehension do affect the Perception of MSME Entrepreneurs about financial reports based on SAK ETAP in Indragiri Hilir Regency

Impact of digital marketing on the growth of SME manufacturing businesses in Kosovo

This paper aims to investigate the impact of digital marketing on the growth of manufacturing SMEs and the impact of business size and managers’ capability of using digital marketing tools as the most effective technique to communicate directly with clients. SPSS statistical software is used to process the data collected via the questionnaire instrument during the interviews with SME manufacturing managers and business owners. For the verification of statistical hypotheses, the respective patterns of linear multiple regression are constructed. The findings show that the use of digital marketing tools has a positive impact on the growth of annual business turnover. The impact of digital marketing on increasing employee numbers and business size is seen as positive, especially when it is associated with increasing levels of education among managers and owners of manufacturing SMEs. These results imply that manufacturing businesses need to use digital marketing tools and develop capabilities that enable them to increase their business in size and be financially competitive. This work extends the development of a different and comprehensive framework to understand how manager competencies and digital marketing tools affect manufacturing companies.

Analysis of Regional Tax Management at The Regional Finance and Revenue Management Agency (BPKPD) of Cirebon City

This research uses descriptive methods and qualitative approaches. The purpose of this study is to know, understand, and analyze the practice of the local tax implementation process as well as the obstacles that occur and efforts made in achieving regional tax management targets at the Regional Finance and Revenue Management Agency (BPKPD) of Cirebon City. Data collection techniques are carried out by means of interviews with the field of Regional Revenue Planning, Development and Evaluation (PPEPD). By showing the results that, in practice, BPKPD has been in accordance with the implementation of tax management based on applicable regulations. However, there are still decreases in local taxes including billboard tax, street lighting tax, underground water tax, and PBB-P2. Thus, BPKPD needs to make efforts in optimizing its regional tax management. The efforts made are; Conduct socialization for taxpayers in fulfilling their obligations in paying taxes owed. In addition, conducting a supervision system (tapping box) as an effort to report taxpayers' business turnover. Efforts were made, to fulfill the utilization for the facilities and infrastructure of the City of Cirebon.

Implementation Of Permendag No. 31 Of 2023 On The Merger Of Tiktok Shop Social Commerce With Tokopedia E-Commerce And The Impact On Umkm Actors. Tokopedia E-Commerce And The Impact On Umkm Actors

This research focuses on exploring the extent to which the application/implementation of Permendag No. 31 of 2023 concerning Business Licensing, Advertising, Development, and Supervision of Business Actors in Trading Through Electronic Systems towards the Merger of Social Commerce TikTok Shop with E-commerce Tokopedia and how it impacts MSME actors which includes protection and an increase in their business turnover. This study aims to determine how the Implementation of Permendag No. 31 of 2023 is towards the merger of TikTok Shop with Tokopedia and to find out the impact on MSME players both in terms of Legal Protection and turnover income. In answering the problems in this study, we use a legal research method, namely Normative Juridical, where we focus on legal studies of Permendag No. 31 of 2023. The author examines the extent to which the implementation of the presence of the Permendag for MSME actors and the merger of TikTok Shop with Tokopedia. So in the end, we find the conclusion that the presence of this Permendag has fulfilled the need to protect business actors who carry out their activities through PMSE and the merger between TikTok Shop and Tokopedia which then merged into Shop Tokopedia which is currently managed under Tokopedia is by the contents of Permendag Number 31 of 2023, namely social commerce is not allowed to provide transaction services in it. Social media only functions as a social media service.

The Use of Production Factors and The Allocation of Labor in Plant Nurseries in Sudaji Village, Buleleng Regency

The management of the nursery business in Sudaji Village is expected to be a reference in conducting business in the agricultural sector. The nursery business has a positive impact on business actors and the surrounding community in addition to obtaining optimal profits as well as being able to create employment opportunities for the surrounding community. This study aims to determine the management of plant nurseries through business characteristics, use of production factors, allocation of labor and analysis of business income to see the profits of the nursery business being undertaken. This research was conducted in Sudaji Village, Sawan District, Buleleng Regency from November 2022 to January 2023 with a total of eight respondents in nursery businesses in Sudaji Village. The analytical method used is quantitative and qualitative descriptive analysis. Based on an analysis of the characteristics of the plant nursery business in Sudaji Village, it shows that the business is included in the micro business category based on business turnover value, land ownership, number of workers in accordance with Government Regulation no. 7 of 2021 concerning Ease, Protection, and Empowerment of Cooperatives and Micro, Small and Medium Enterprises (PP UMKM). The allocation of manpower for the plant nursery business in Sudaji Village, Buleleng Regency utilizes the majority of local workers from Sudaji Village and Suwug Village. Suggestions for nursery entrepreneurs are to increase promotion and marketing through the digital market and farmers are expected to be able to take advantage of experience that is already qualified so that they can overcome the development of pests and diseases by starting to direct organic farming and environmentally friendly agriculture.

Investigasi Pencatatan dan Pelaporan Keuangan UMKM: Apakah Disusun Berdasarkan Standar Akuntansi?

This study explores the system, objectives, and compatibility of MSME financial recording and reporting with accounting standards, as well as the obstacles faced by MSMEs in implementing them. This research was conducted in Palu City. The research data was obtained through interviews with MSME actors. Data were analyzed using qualitative descriptive data analysis techniques. The results of the analysis show that MSMEs have not yet implemented a complete financial recording and reporting system. This research also shows that the purpose of MSMEs in recording and reporting business finances is to find out merchandise inventory, business income, business turnover, business capital, business profit/loss, and business performance. In addition, MSME financial recording and reporting is not in accordance with accounting standards. Then, the main obstacle faced, so that they do not record and report MSME finances, is due to a lack of knowledge about financial recording and reporting.

The Effect Of Financial Inclusion On Umkm Performance (Case Study Of Kota Pari Village)

The purpose of the study is to analyze the influence of financial inclusion on the performance of MSMEs in Kota Pari Village which has good enough potential to develop. Micro, small, and medium enterprises (MSMEs) contribute to reducing unemployment, poverty, equitable development and community income. However, MSMEs also experience obstacles in the development process. One of the common problems faced is the limitations of working capital, technology, production, marketing and business operations, and the quality of human resources. This will have an impact on performance if economic entities cannot manage their finances properly. To improve the performance of MSMEs, loan assistance from financial institutions is needed so that MSMEs can develop and be sustainable. Improving business financial management in order to facilitate loan repayment and develop the capital owned in order to take advantage of existing opportunities and increase business turnover and profits. This effort will certainly be realized soon if the level of financial inclusion of MSMEs is high enough. The research sample is the owners and managers of MSMEs in Kota Pari Village as many as 80 respondents. This study uses a quantitative method. The data collection method uses a non-probability sampling technique using a questionnaire. The data analysis techniques used are descriptive analysis of percentages, instrumental tests, and hypothesis tests. The instrument test consists of a validity test and a reliability test. The hypothesis test consists of a simple regression, a partial test (t-test) and a partial determination coefficient (r2). Based on the results of the research that has been carried out, it is known that financial inclusion has an effect on the financial performance of MSMEs in Pari City, this is strengthened by the results of hypothesis tests obtained with a sig. 0.000 that is declared to have a positive effect.

Estimasi Pemberian Pinjaman Kredit Usaha Rakyat (KUR) di Bank BRI Unit Tangkerang Pekanbaru menggunakan Regresi Logistik

People’s Business Credit (KUR) is vulnerable to unwanted risks such as bad credit. The reduce bad credit, banks need to analyze whether customer debtors meet the requirements for credit. The aim of this research is to determine the logistic regression analysis model and determine the factors that influence the provision of People's Business Credit (KUR) at Bank BRI Unit Tangkerang Pekanbaru. The method used is the Logistic Regression method. Based on the research results, it was found that the factors that influence the provision of People's Business Credit (KUR) at Bank BRI Unit Tangkerang Pekanbaru are business turnover and business profit. So the logistic equation is obtained with the resulting logit function being g(x) = -11.587+0.501x_1+2.549x_2. The calcification value for granting People's Business Credit (KUR) using logistic regression is 93.84%.

Procurement Disputes Arbitration: Main Problems at the Present Stage

The relevance of the paper is predetermined by the study of the key problems of arbitration in the context of the specifics of public procurement at the present stage, namely, the problem of determining the appropriate criteria for the conclusion and validity of arbitration agreements. The purpose of the study is to critically evaluate the so-called non-arbitrability formula, established in contemporary court practice; to disclose the algorithm for the emergence of contractual relations as a result of competitive procurement procedures; to substantiate the legal force of arbitration clauses incorporated into contracts before arbitration rules are deposited by the arbitration institution. The author sees the objectives of the study in substantiating the fundamentally permissible arbitrability of contractual disputes in all segments of procurement relations (not only by direct order under the federal law, but also for the future, including contractual disputes in the field of state defense orders due to the variety of available transactions); in identifying factors contributing to the proper assessment of an arbitration agreement for its validity. Methodologically, the paper is based on a set of general scientific (analysis, modeling, analogy, hypothesis), private scientific (formal logical, systemic, functional) methods, and uses the formal legal method. The results of the study allowed the author to draw conclusions about sufficiency of existing legislative regulation for assessing the conclusion and validity of arbitration agreements included in draft contracts at the stage of competitive procurement procedure; about the lack of grounds for evaluating these agreements for their compliance with the principles of procurement; aboutthe legal force of dormant arbitration clauses necessary for business turnover in the short term. The author suggests directions for improving law enforcement practice aimed at curbing abuses in terms of challenging arbitration agreements on the grounds of their non-conclusion and (or) invalidity.

Developing The Welfare of The Fatayat Group of Mangunsari Village Gunungpati Semarang Through Socioecopreneurship

The urgency of this service is based on women in lower middleclass communities, especially in the Fatayat Ds. Salakan who always tries to escape the shackles of economic difficulties. The emergence of Socioeconomics which is widespread and developing in society is a signal that productivity and creativity are the main elements in improving the welfare of life. The Socioeconomic-based mentoring concept implemented is not only focused on activities to improve the economic level of the assisted residents, but also pays attention to environmental and social issues. This service aims to develop productivity and creativity using a socioecopreneurship approach with the focus of service being on three things, including (1) Providing counseling and outreach to assisted subjects with the theme: "The Importance of Socio-Economic Independence for Women through Entrepreneurship"; (2) Empowering assisted subjects by maximizing their potential in the form of training (production, packaging, distribution, and marketing) by bringing in competent experts in their respective fields; and (3) Provide post-training assistance. The results of this service are marked by an increase in production numbers, variants, business turnover, and marketing expanding into e-commerce.

Implementation of Beneficial Ownership in Corporations to Prevent the Crime of Money Laundering in Accordance with Law Number 8 of 2010

The era of globalization influences the development of the world economy and one of them is the existence of many forms of business associations, in this case called corporations. Corporations are organized groups and/or assets, whether they are legal entities or non-legal entities. Corporations are often used as a place or business turnover for the proceeds of crime which is called money laundering. Crimes that are often committed by corporations are crimes related to money laundering. To prevent and eradicate the crime of money laundering, corporations must register their beneficial owners. A beneficial owner is an individual who can appoint or dismiss directors, commissioners, administrators, managers or supervisors of a corporation, has the ability to control the Corporation, is entitled to and/or receive benefits from the Corporation either directly or indirectly, is the actual owner of the funds or shares of the Corporation and/or fulfill the criteria as intended in the Presidential Regulation. The method used in this research is normative juridical, which is research using statutory regulations as study material. The data collection technique used by researchers in this research is a library study technique where data is obtained from scientific writings and research in articles and other journals. In order to prevent and eradicate the crime of money laundering, Law Number 8 of 2010 concerning the Prevention and Eradication of the Crime of Money Laundering was issued, as well as Presidential Decree Number 13 of 2018 concerning the Application of the Principle of Recognizing the Benefits of Corporations in the Context of Preventing and Eradicating the Crime of Money Laundering and Terrorism Financing Crime. When establishing a corporation, the beneficial owners of the corporation must be registered. The hope of this regulation is to prevent and eradicate criminal acts of money laundering carried out by corporations under the pretext or business reasons of corporate businesses.

PENGEMBANGAN UMKM B&B SNACK DESA SAWAHAN KABUPATEN REMBANG MELALUI GOOGLE MAPS DAN PAPAN PETUNJUK ARAH

Most MSMEs, including B&B Snack MSMEs, have not adopted technology as an effective sales tool. B&B Snack MSMEs face problems, namely a less strategic location and a lack of understanding of MSME owners regarding information technology. Therefore, in the YPPI Rembang University (UYR) Business Work Lecture Community Service activities, they provide a solution to overcome this problem, namely registering the location of MSME B&B Snacks on Google Maps and using direction signs, which can help customers find the location easily. The main goal is to increase the competitiveness of B&B Snack MSME owners in their main market in Rembang City and increase their business turnover. This activity began with a survey of MSME locations and discussions with B&B Snack MSME owners to identify problems. Furthermore, assisting MSMEs in registering locations on Google Maps and creating direction signs. The results of the activities of the MSME B&B Snack location are registered on Google Maps and have directional signs.

THE PSEUDO HAPPINESS AS SONG STRATEGY’S SIMULACRA VERSUS PANOPTIC: BTS’S SONGS AND BTS MEMBERS

The reflections of joy in the lyrics are part of the singer's message tactic in his songs. Even so, with the overall packaging of the singer's appearance. The problem is when world-class singers sing self-motivating songs for their listeners, at the same time, life's troubles become familiar to the singer. Many articles also reported how severe depression, mental health, and suicide occurred in the lives of these artists. Demi Lovato, Shia, and Ariana Grande are some Western artists claiming to have experienced mental health problems. In the ranks of Korean artists, names such as Twice Jeongyeon, AOA Kwon Mina, HyunA, Red Velvet Wendy, and Super Junior Heechul are artists who have also experienced mental health problems and severe depression. The same thing happened to the BTS members. RM and Suga are two members who have admitted to experiencing depression and seeing life as an uphill struggle. This study aims to describe how BTS songs with the theme 'Love yourself' do not reflect the lives of BTS members under strict agency rules and fans' supervision. Ultimately, the theme of 'love yourself' is just a simulation strategy that generates 'false joy' for the members but has a substantial economic impact on the agency. This study uses the concepts of simulacra, panopticon, and duality reflection. At the same time, the research method is qualitative, with document study as a data collection technique. The unit of analysis is the text, namely the BTS song lyrics with the theme 'love yourself' and media reports about the members' lives. These two data are then compared and produce a simulacra picture because there is no reflection on what is being sung and what the members are experiencing. A life full of surveillance from fans and companies removes the privacy boundaries of the members who are – in the end – just a commodity for business turnover. It is where the irony occurs. The pseudo happiness experienced by these members generated many economic benefits for the agency. Increasing the number of listeners, purchasing merchandise, selling concert tickets, traffic on social media, and brand endorsements are essential aspects that can be monetized by the agency, which accompanies the fame of the songs sung by BTS. While living without romantic relationships, solitude, and loneliness, the prohibition of direct interaction via social media with fans are some things that fence off the members' lives and make them even more alienated from social life.

ON THE ISSUE OF THE CIVIL CONTENT OF THE “OUTSOURCING” CATEGORY IN THE RUSSIAN CIVIL LAW SYSTEM

This publication is dedicated to the research of the role and definition of the legal content of outsourcing in the system of Russian civil law. Using such scientific methods of research as analysis, description, classification, intellectual modeling, extrapolation, methods of logical cognition and the formal legal method, the authors reveal the economic and organizational content of the category “outsourcing”, distinguish outsourcing from other methods of managing resources and resource potential, identify the legal nature of outsourcing relationships in based on private law regulators, and distinguish outsourcing from outstaffing as well. An economic definition of outsourcing is given as a method of managing and using resources predominantly by small and medium-sized participants in business turnover, associated with the involvement in the process of creating useful value of third-party capital, labor and intellectual resources, technologies, technological solutions and management models, as well as proven business designs with the aim of increasing your own productivity, reducing costs and reducing liability. It is noted that, from the point of view of Russian civil law, outsourcing can be defined as a variant of one of the types of obligations regulated by the Civil Code, as a mixed contract, as an unnamed contract. It is established that the legal nature of outsourcing follows from obligatory relations, which prevents the mixing into such relations of other types of contractual borrowing of resources (primarily outstaffing), where, in addition to the private law component, there is a public law fill. The final part contains a conclusion about the complementary nature of contractual outsourcing relationships for the domestic civil law system.