scholarly journals Business Continuity of MSMEs in Small Island Facing Covid19 Pandemic

2020 ◽  
Vol 11 (1) ◽  
pp. 129-129
Author(s):  
Ayu Krishna Yuliawati ◽  
Rofi Rofaida ◽  
Budhi Pamungkas
Keyword(s):  
Market Access ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Creative Industries ◽  
Business Continuity ◽  
Small Island ◽  
Access Technology ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

Aspiring Geopark in Indonesia, especially on Belitong Island, has MSMEs engaged in various creative industries. The potential for the development of the creative industry with its geoproducts is still wide open to enter the international market. However, its development still faces several obstacles, including most of the geoproducts are small and medium enterprises (MSMEs) with limited market access, technology and financial access which results in low quality of products produced, and the level of competition for the domestic market is getting higher while entering the market. their international difficulties. This study aims to: analyze the impact of covid19 on MSME geoproducts in Geopark Covid19 tourist destinations, (2) to analyze Business Continuity Management at these MSMEs. The research method used is qualitative method, in which descriptive research methods are carried out through interviews and surveys. The results showed that the Belitung UMKM players admitted that their businesses were severely affected by the Covid 19 pandemic where there was a drastic decrease in product sales volume, some MSMEs were forced to permanently close their businesses and 47% of MSMEs decided to temporarily close their businesses until conditions improved. This pandemic most affected the marketing process which was hampered by the absence of tourists and the procurement of raw materials that were difficult to obtain. Meanwhile, MSMEs run business continuity by implementing a pivoting strategy and transformation to a digital platform. The roles of the government, private sector and geopark managers are needed to help MSMEs survive in times of crisis. Keywords: Business Continuity, Geopark, Small Island, Covid 19

scholarly journals Business Continuity of MSMEs in Small Island Facing the Covid-19 Pandemic

2021 ◽  
Vol 9 (1) ◽  
pp. 90-98
Author(s):  
Ayu Krishna Yuliawati ◽  
Rofi Rofaida ◽  
Budhi Pamungkas Gautama ◽  
Asti Nur Aryanti
Keyword(s):  
Online Survey ◽  
Market Access ◽  
Financial Institution ◽  
Raw Materials ◽  
International Market ◽  
Creative Industries ◽  
Business Continuity ◽  
Small Island ◽  
The Government ◽  
The Impact

Objective - Geopark in Indonesia, especially in Belitong Island, has small and medium enterprises (MSMEs) engaged in various creative industries. The potential for the development of the creative industry for geoproducts is still open to enter the international market. Due to the Covid-19 pandemic, its development still faces several obstacles, where most of the geoproducts are made by MSMEs with limited market access, technology and financial access which results in low quality of products produced, and the level of competition for the domestic market is getting higher, while entering the international market is difficult. This study aims to analyze the impact of Covid-19 on MSME geoproducts in Geopark tourist destinations, and analyze Business Continuity Management at these MSMEs. Methodology/Technique – The research method used is quantitative and qualitative method, in which descriptive analysis are carried out through online survey and online FGD. Findings – The results of this study show how MSMEs’ in small island of Belitung were severely affected by the Covid-19 pandemic. There was a drastic decrease product sales volume, some MSMEs were forced to permanently close their businesses and 47% of MSMEs decided to temporarily close their businesses until conditions improved. The business income was severely impacted due to the absence of tourists (customer) to the island and the difficulty in obtaining raw materials as production input. MSMEs run business continuity by implementing a pivoting strategy and transformation to digital platform. The roles of the government, private sector, financial institution, academic and geopark managers are needed to help MSMEs survive in times of crisis. Type of Paper: Empirical. JEL Classification: M1, M10. Keywords: Business Continuity; Geoproduct; Geopark; Covid-19 Pandemic; Belitong Reference to this paper should be made as follows: Yuliawati, A.K; Rofaida, R; Gautama, B.P; Aryanti, A.N. (2021). Business Continuity of MSMEs in Small Island Facing the Covid-19 Pandemic, GATR Global J. Bus. Soc. Sci. Review, 9(1): 90 – 98. https://doi.org/10.35609/gjbssr.2021.9.1(10)

TETAP BERUSAHA YANG TERBAIK DI MASA PANDEMI MELALUI PENERAPAN STRATEGI KOPING

2021 ◽  
pp. 271
Author(s):  
P. Tommy Y. S. Suyasa ◽  
Yenike Margaret Isak ◽  
Pramdigdya Sasliandri Priantama
Keyword(s):  
Coping Strategies ◽  
Community Service ◽  
Coping Strategy ◽  
Small And Medium Enterprises ◽  
Business Continuity ◽  
Community Activities ◽  
Psychological Pressure ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

The Covid-19 pandemic has hit Indonesia since March 2020. To anticipate this, the government has implemented various policies, including pembatasan sosial berskala besar (PSBB) and pemberlakukan pembatasan kegiatan masyarakat (PPKM). This policy is expected to be one way to prevent community activities outside the home so as to avoid the transmission of Covid-19. However, the PSBB and PPKM policies are considered to have a significant impact. The impact felt by Micro, Small, and Medium Enterprises (MSMEs) is a decrease in profit levels and feelings of psychological pressure, feeling anxious about business continuity in the future. This situation makes SMEs feel psychologically depressed. To anticipate the psychological pressure experienced, the Faculty of Psychology, Universitas Tarumanagara (F.Psi. UNTAR) under the coordination of Lembaga Penelitian dan Pengabdian kepada Masyarakat Universitas Tarumangara (LPPM UNTAR) organizes community service activities (PkM) for MSME actors. The author (PkM Team) is one of the representatives of F.Psi. UNTAR. One of the materials provided by the PkM Team in the activity was coping strategies. Through the provision of coping strategy materials, it is hoped that MSME actors can anticipate and manage the psychological pressures experienced, so that they remain enthusiastic in managing their businesses during the Covid-19 pandemic. In this article, we will discuss the methods of coping strategies provided and the evaluation of the results of the mini seminar activities that have been carried out.Pandemi Covid-19 telah melanda Indonesia sejak bulan Maret 2020. Untuk mengantisipasi hal tersebut, pemerintah telah menerapkan beragam kebijakan diantaranya berupa pembatasan sosial berskala besar (PSBB) dan pemberlakukan pembatasan kegiatan masyarakat (PPKM). Kebijakan tersebut diharapkan dapat menjadi salah satu cara untuk mencegah aktivitas masyarakat di luar rumah sehingga terhindar dari penularan Covid-19. Namun demikian, adanya kebijakan PSBB dan PPKM dinilai memberikan dampak yang signifikan. Dampak yang dirasakan oleh pelaku Usaha Mikro, Kecil, dan Menengah (UMKM) adalah penurunan tingkat keuntungan dan perasaan tertekan secara psikologis, merasa cemas terhadap keberlangsungan usaha di masa mendatang. Keadaan inilah yang membuat para pelaku UMKM merasa tertekan secara psikologis. Untuk mengantisipasi tekanan psikologis yang dialami, Fakultas Psikologi Universitas Tarumanagara (F.Psi. UNTAR) di bawah koordinasi Lembaga Penelitian dan Pengabdian kepada Masyarakat Universitas Tarumangara (LPPM UNTAR) menyelenggarakan kegiatan pengabdian kepada masyarakat (PkM) bagi pelaku UMKM. Penulis (Tim PkM) merupakan salah satu perwakilan F.Psi. UNTAR. Salah satu materi yang diberikan oleh Tim PkM pada kegiatan tersebut adalah strategi koping (coping strategies). Melalui pemberian materi strategi koping, diharapkan pelaku UMKM dapat mengantisipasi dan mengelola tekanan psikologis yang dialami, sehingga tetap bersemangat dalam mengelola usaha mereka selama masa pandemi Covid-19. Dalam artikel ini, akan dibahas mengenai metode strategi koping yang diberikan dan evaluasi hasil kegiatan mini seminar yang telah dilakukan.  

scholarly journals Analysing spatial interdependence among the 2011 Thailand flood-affected small and medium enterprises for reduction of disaster recovery time period

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Shubham Pathak ◽  
Jorge Chica Olmo
Keyword(s):  
Disaster Recovery ◽  
Small And Medium Enterprises ◽  
Spatial Econometric ◽  
Middle Income ◽  
Management Planning ◽  
Accurate Perception ◽  
The Government ◽  
Medium Enterprises ◽  
Disaster Management Planning ◽  
The Impact

AbstractNatural disasters have been a significant hurdle in the economic growth of middle-income developing countries. Thailand has also been suffering from recurring flood disasters and was most which are severely affected during the 2011 floods. This paper aims to identify the various factors that impact the speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand, and how it is related to its speed decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand each of the chosen factors’ impact. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level. The absence of accurate perception of actual risk, flood insurance and disaster management planning before the 2011 floods had contributed to the severity of the impacts during the 2011 floods.

scholarly journals The Development of Digital in the Covid-19 Pandemic

2021 ◽  
Author(s):  
Maria Digna R. Nahak
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Asian Development Bank ◽  
Small Enterprises ◽  
Domestic Economy ◽  
Development Bank ◽  
Micro And Small Enterprises ◽  
Medium Enterprises ◽  
Almost All ◽  
The Impact

The global Covid-19 pandemic that has plagued all countries of the world has affect all sectors of people's lives. In Indonesia, almost all sectors experience impacts, especially the economic ecosystem which has been become the focus of society. Furthermore, the Covid-19 pandemic has made the slowdown in the economic sector in Indonesia with its various derivatives. The Micro, Small and Medium Enterprises (MSME) sector which is part of the most important sector of the economy is very important feel. This is what worried by all parties, because it has made the MSME sector experienced a significant decline. Moreover, currently many MSMEs are experiencing various problems such as: decrease in sales, capital, hampered distribution, difficulty in raw materials, decreased production and the occurrence of many layoffs for workers and hunting which later became a threat to the national economy. MSMEs as a driver of the domestic economy and a middle labor absorber face a decline in productivity which results in a decrease in profits significant. Even based on the related Asian Development Bank (ADB) survey, the impact of the pandemic on MSMEs in Indonesia, 88% of micro businesses run out of cash or savings, and more than 60% of these micro and small enterprises have reduced their workforce work.

scholarly journals Global Warming Impacts Study of Tofu Products in Mampang Prapatan Small and Medium Enterprises with Life Cycle Assessment Methods

2019 ◽  
Author(s):  
Bayu Sukmana ◽  
Isti Surjandari ◽  
Muryanto . ◽  
Arief A. R. Setiawan ◽  
Edi Iswanto Wiloso
Keyword(s):  
Global Warming ◽  
Life Cycle Assessment ◽  
Life Cycle ◽  
Greenhouse Gas ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Liquefied Petroleum Gas ◽  
Fuel Wood ◽  
Medium Enterprises ◽  
The Impact

Firstly global warming issue caused by greenhouse gas emissions (CO2) which comes from human activities. Along with increasing of daily need, that humans of activities food produce is also increase, include of tofu. Tofu is a traditional Indonesian specialty made from soybeans and used as a side dish. The purpose of this study was to determine the impact of global warming from tofu products on Mampang Prapatan's Small Tofu and Medium Enterprises. The method used in this study is the Life Cycle Assessment (LCA) method with the help of Simapro 8.4 software with a 1 kg tofu functional unit. The data collected in this study is the average data of tofu production for 3 months, namely January - March 2018. The LCA data in this study include the process of soybean cultivation, transportation processes for shipping soybeans, water, fuel wood, and electricity use. The limitations of this study are from cradle (soybean cultivation) to gate (tofu products).The results showed that UKM Mampang Prapatan has the potential impact of global warming with a value of 3.84 kg CO2-eq, while the value of global warming in the production process knows the scenario of wastewater treatment and the use of Liquefied Petroleum Gas (LPG) as fuel for boiling pulp 4.49 kg CO2-eq soybeans. Based on the results of this study, greenhouse gas (CO2) emissions are issued; the intervention that can be done is to optimize the use of raw materials for production to reduce the impact of CO2-eq kg global warming.

The Impact of Globalization on Development of MSMEs

2021 ◽  
Vol 2 (1) ◽  
pp. 46-60
Author(s):  
Rama Mohana Rao Katta ◽  
Chandra Sekhar Patro
Keyword(s):  
Small And Medium Enterprises ◽  
National Level ◽  
Work Conditions ◽  
Firm Level ◽  
Market Opportunities ◽  
Growing Economy ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

Globalization has been a significant force in the development of the market and economic environments. The micro, small, and medium enterprises (MSMEs) need to focus on technological capabilities to face the competition in the globalized market. They have to analyze the market opportunities in the rapidly growing economy as well as emerging markets. The aids of a globalized and digital economy depends to an excessive extent on favourable business environments and healthy competition. The performance of MSMEs depends on accessibility to various strategic resources like abilities, technical know-how, innovativeness, and finance. Thus, it is imperative to consider the factors influencing work conditions firm level, and the strategies formulated at the national level are organized to local business perspectives. This paper examines the global scenario of MSMEs, the impact of globalization, the role of MSMEs in India, the growth perspectives of MSMEs during the pre-and post-globalization period, the critical challenges, and the role of the government in encouraging and developing MSMEs.

scholarly journals MSME’s Sector in India: Challenges and Opportunities

2016 ◽  
Vol 4 (3) ◽  
pp. 612
Author(s):  
E. Upendar ◽  
K. Ramulu
Keyword(s):  
Poverty Reduction ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Fuel Prices ◽  
The People ◽  
Challenges And Opportunities ◽  
The Government ◽  
Employment Potential ◽  
Medium Enterprises

<div><p><em>Micro Small and Medium Enterprises include Khadi, Village and Rural Enterprise. Today Millions of people depending upon MSMEs sector. Indian MSMEs are contributing regarding 45% manufacturing output and 40% exports. Every year 8-9% of GDP contributing to developing the nation.This sector is providing employment second largest after agriculture. The main advantage of this sector is employment potential low capital. MSMEs sector contributing develop the country but every day facing a number of challenges like the High cost of Raw materials, collateral requirements, Competition from domestic and foreign markets, Increased fuel prices, lack of credit facilities from financial institutions, etc. Due to the financing problems, every day 79 MSMEs are falling in sickness. The government took many initiatives for this sector but still problems persist. There are many opportunities in this sector for budding entrepreneurship but due to the many challenges the MSMEs sector is still unable to survive.The study is based on secondary data only. Every year this sector is worldwide generating 3, 000 employment opportunities for the people. The MSMEs sector is playing important role in poverty reduction and regional imbalances.Still today the Government of India took there are many initiatives to develop this sector but still the problems are encountering this sector.</em></p></div>

scholarly journals DAMPAK PERLAKUAN PERATURAN PEMERINTAH NOMOR 46 TAHUN 2013 ATAS PAJAK PENGHASILAN PADA UMKM DI GRESIK

2014 ◽  
Vol 5 (2) ◽  
pp. 195
Author(s):  
Faiqotul Ilmia ◽  
Sri Andriani
Keyword(s):  
Income Tax ◽  
Government Regulation ◽  
Small And Medium Enterprises ◽  
Tax Rates ◽  
Net Income ◽  
Directorate General ◽  
Qualitative Descriptive ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

In achieving the desired development by Indonesia, the government requires revenue from the State Tax Revenue and Non-Tax Revenues. One of the efforts undertaken by the Directorate General of Taxation (DGT) is enacted Government Regulation No. 46 of 2013, the tax base used is the gross turnover of each month at 1 % final income tax rates. The emergence of these regulations is to provide convenience for taxpayers in determining the amount of income tax payable, but enactment of these rules in the middle of giving trouble for taxpayers in the calculation, depositing and reporting taxes for the year 2013. Purpose of this study was to determine the impact of treatment of PP 46 of 2013 on income tax on Micro, Small and Medium Enterprises (SMEs) in Gresik skull cap industry. This study used a qualitative descriptive approach with the aim of obtaining a picture of the object that is easily observed in the form of words on the focus of research on the impact of the enactment of Regulation 46 of 2013. The 3 (three) object of research is no skull cap Industry SMEs in Gresik . Data analysis aims to simplify the data processed, making it easy to read and interpret. Data were collected by means of observation, interviews, documentation. Analysis of the data through three stages: data reduction, data display, and conclusion. The results showed that the enactment of Regulation 46 of 2013 not only creates difficulties in terms of computation, depositing and reporting just as effective mid-year, but still there who do not know the regulations in terms of both has been the enactment of these regulations and in terms of the calculation mechanism. As for other effects of the government’s enactment of legislation, namely the amount of income tax payable is higher than the income tax calculations using norm bookkeeping or net income.

scholarly journals What is the Best Strategy to Develop Creative Industry in Indonesia?

2019 ◽  
Vol 3 (2) ◽  
pp. 14
Author(s):  
Muhammad Adhi Prasnowo ◽  
Gusti Adriansyah ◽  
Khoirul Hidayat
Keyword(s):  
Product Design ◽  
Development Strategy ◽  
Swot Analysis ◽  
Small And Medium Enterprises ◽  
Creative Industries ◽  
Raw Material ◽  
Creative Industry ◽  
Economic Sectors ◽  
The Government ◽  
Medium Enterprises

<p>Small and Medium Enterprises (SMEs) have an important role and strategic for economic growth. This is because at the time of the economic crisis in Indonesia, SMEs are the economic sectors which have the most excellent durability. Wedoro Village in Sidoarjo city, Indonesia, is famous for the footwear creative industry especially slippers and shoes. A wide variety of slippers and shoes with different types available. Stores and outlets are widespread across the village. Wedoro region has been known as one of the predecessors of creative industries in the field of footwear. Currently the industrial centres of creative footwear is experiencing a decline in sales compared with its heyday in 2001-2006 years ago. This research aims to design a development strategy of the creative industry centre in Wedoro by using SWOT analysis and grand strategy. The results of this study indicate that the cause of the decline in sales is a flood of Chinese products, rising raw material prices, and the lack of innovation in product design. Hence, creative industry in Indonesia especially in Wedoro Village might need a guidance from the government in developing innovation in product design and marketing. It is therefore expected that the existence of a creative industry in Wedoro can grow and create occupations especially for local residents and also increase the revenue of the Sidoarjo city.</p>

scholarly journals The factors affecting accessibility to credit capital of small and medium enterprises in Vietnam

2019 ◽  
Vol 15 (6) ◽  
pp. 15-25
Author(s):  
Phung The Dong ◽  
Nguyen Thi Hong Nham
Keyword(s):  
Interest Rates ◽  
Small And Medium Enterprises ◽  
Probit Model ◽  
Bank Loans ◽  
Bank Loan ◽  
Factors Affecting ◽  
Business Loan ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

The difficulty in accessing loans is one of the major barriers to the development of small and medium enterprises (SMEs) in Vietnam. Low accessibility to capital forces SMEs to spend both official and unofficial costs in order to obtain loans, and/or to access the unofficial market at higher interest rates, thereby increasing cost of production of enterprises. Studies suggest that the determinants of bank loan processing through which small and medium enterprises can access official loans include: characteristics of enterprises; indicators, reflecting the performance of enterprises; characteristics of loans; characteristics of enterprises, enterprise owners; geographical position of enterprises; the creditworthiness of enterprises and the role of the network.Purpose of the study.The aim of this paper is the quantitative analysis of the factors, affecting accessibility to credit capital of small and medium enterprises in Vietnam.Materials and methods.This study was conducted on the basis of a survey in December 2017. The survey includes 301 enterprises in Hanoi city. Selected enterprises are also enterprises, surveyed in the annual enterprise survey by the General Statistics Office of Vietnam. This paper uses the Probit and Logit regression approach to estimate the impact of factors, affecting the disbursement probability of a loan of an enterprise. The number of SMEs accounts for 56.69% of the samples. The number of enterprises, applying for a bank loan accounts for 58.4% of the total samples, of which the percentage of disbursed loans for SMEs accounts for only 47.3%. For enterprises without a bank loan, eliminating the reasons for the lack of demand and unwish to be in debt, the main reasons not to access bank loans are high interest rates, complicated loan procedures and insufficient collateral.Results.The results obtained from the Logistic and Probit models show that the estimated coefficients are statistically significant, affecting the probability of taking a business loan, accepted by financial institutions. Although the coefficients, estimated from Logistics model are larger than those estimated from the Probit model, the estimated results show that the direction of impact of the variables in two estimation techniques gives quite similar results.Conclusion.Based on the results of this study, the Government of Vietnam should implement policies to support SMEs in the direction of improving their access to capital. The credit institutions should design products and services suitable to the characteristics of SMEs in Vietnam.

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