The Influence of Cultural Factors on International Business PT Mayora Indah Tbk

Devina Wistiasari, Nathania Jocelyn, Sherlyca Styvani, Vonnylia Vonnylia, Windy Wihue Tarekar, Florensia Sutjiali

Abstract


This article contains an analysis of the influence of cultural factors on international business at PT Mayora Indah Tbk which consists of managerial orientations, the four risks of international business, and SWOT analysis at PT Mayora Indah Tbk. The qualitative method is a method used by researchers to analyze companies by means of secondary data analysis. The results of the study show that PT Mayora Indah Tbk is able to meet the market in Indonesia so that it is able to develop to a larger stage with target markets namely countries in Asia, and the company still has to increase product innovation, promote its products in international markets, and make strategies appropriate marketing in order to develop its international business.

Keywords


international business, managerial orientations, and culture.

Full Text:

PDF

References


Achsani, N. A., Tambunan, M., & Mulyo, S. A. (2012). Impact of fiscal policy on the agricultural development in an emerging economy: Case study from the South Sulawesi, Indonesia. International Research Journal of Finance and Economics, 96, 101-112.

Agussalim, H. R. (2013). The Effects of Leadership Style, Reward and Career Development on The Performance of Public Servants in The Residence of Poso. Academic Research International, 4(6), 149.

Ali, M. Y. (2022). The Process of Making a Pinisi Boat in Bantobahari District, Bulukumba Regency, Indonesia. European Journal of Engineering and Technology Research, 7(5), 70-75.

Akhmad, A., & Amir, A. (2018). Study of fuel oil supply and consumption in Indonesia. International Journal of Energy Economics and Policy, 8(4), 13.

Akhmad, A., Amir, A., Asdimuh, A., & Syukur, M. (2020). The Development Prospect of the Pinisi Vessel Industry in the Bulukumba Regency Indonesia. International Journal of Innovation, Creativity and Change, 12(10), 183-194.

Akhmad, P. (2016). The impact of price subsidy policy of fertilizer on production, demand and supply of corn in Indonesia. American-Eurasian Journal or Sustainable Agriculture, 10(1), 29-37.

Arniati, A., Arsal, M., Akhmad, A., Asdar, A., & Adiningrat, A. A. (2020). Impression of Student Knowledge on Decisions Become a Customer of Islamic Banks. International Journal of Business Economics (IJBE), 1(2), 145-152.

Arsal, M., HAMID, N. I. N. B. A., Arsal, R., & Basri, M. (2014). Consumer Behavior of the Islamic banking. International Journal of Science Commerce and Humanities, 59-64.

Arsal, M., & Arsal, D. (2019, August). Urban forest and financial resources perspective in Indonesia. In IOP Conference Series: Materials Science and Engineering (Vol. 593, No. 1, p. 012006). IOP Publishing.

Arsal, M. (2021). Impact of earnings per share and dividend per share on firm value. ATESTASI: Jurnal Ilmiah Akuntansi, 4(1), 11-18.

Darise, R. I. (2023). The Effect of Economic Growth and Income Inequality on Poverty in Central Sulawesi Province Period 2011-2022. Formosa Journal of Sustainable Research, 2(5), 1331-1342.

Du, W., & Schreger, J. (2017). Sovereign Risk, Currency Risk, and Corporate Balance Sheets. Columbia Edu, 35(10), 4587–4629.

Fauzi, A., Wibowo, A., Selayan, A., & Jahrani, S. (2022). Analisis Manajemen Resiko Bisnis : VISA : Journal of Visions and Ideas. VISA : Journal of Visions and Ideas, 2(2), 150–159.

Haeruddin, H., Ibrahim, I., Jamali, H., HR, A. S., & Asriati, A. (2021). Preparation of Financial Statements for Village-Owned Enterprises (BUMDes) Based on Financial Accounting Standards for Micro, Small and Medium Entities (SAK EMKM). Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 4(4), 10012-10025.

Hill, C., Lin, Wan, Y. ., & Chen, Y. . (2023). Understanding the Role of Culture in Teaching. In Supporting and Learning from Academics: EMI Toolkit. Singapore : Springer Nature Singapore, 45–57.

Jaman, A. (2016). Influence of work environment and organizational culture on job satisfaction and performance of lecturers as intervening at Magister Management Program of Muhammadiyah University of Makassar. Journal Of Advanced Research in Engineering & Management (IJAREM), 1.

Jusriadi, E. (2022). Moderation of Leadership Style: Management Accounting Information Systems and Management Control Systems on Managerial Performance. ATESTASI: Jurnal Ilmiah Akuntansi, 5(1), 16-32.

Jusriadi, E., Syafaruddin, S., & Rahmadianti, R. (2019). The Influence of Competence, Work Discipline and Salary on Nurses’ Job Satisfaction and Ability in Providing Service at PT. Zulu Alpha Papa Makassar. Proceeding UII-ICABE, 229-236.

Jusriadi, E., Syafaruddin, S., & Rusydi, M. (2021). Human capital development of research staff through self-leadership, teamwork management, and culture diversity. Jurnal Minds: Manajemen Ide dan Inspirasi, 8(1), 1-14.

Lubis, A. A., Viantika, D. S., Hasibuan, E. A., Tarigan, A. P., & Harahap, F. (2023). PENGARUH FAKTOR BUDAYA TERHADAP BISNIS. Jurnal Publikasi Ilmu Manajemen (JUPIMAN), 2(1), 24–36.

Moczydlowska, J., Sadkowska, J., Beata, Z., Ciocoiu, C., & Stawicka, E. (2023). Understanding Risk Culture in the Context of a Sustainable Project : A Preliminary Study. Sustainability, 15(6), 1–16.

Monica Tjuatja, C. (2022). Kompetensi Komunikasi Antarbudaya dan Adaptasi Budaya dalam Menjaga Hubungan Pertemanan dengan Masyarakat Lokal di Negara High dan Low Context Culture (Studi pada Pelajar Indonesia di Taiwan dan Australia) [Universitas Multimedia Nusantara]. https://kc.umn.ac.id/22272/

Ningsih, W. (2021). Etika Psikolog Dalam Pengumpulan Dan Penyampaian Hasil Pemeriksaan Psik

ologis (Tinjauan Aksiologi). Jurnal Filsafat Indonesia, 4(1), 53. https://doi.org/10.23887/jfi.v4i1.31344

Pakkanna, M., Rasulong, I., & Akhmad, S. I. W. (2020). Microfinance institutions and women empowerment: evidence in the rural areas of Tangerang, Indonesia. International Journal of Scientific and Technology Research, 9(2), 3994-3999.

Rahim, A. R., Rasulong, I., Jusriadi, E., & Adzim, F. (2018). Implementation of young entrepreneur development model for coastal community of Takalar regency. Academy of Strategic Management Journal, 17(3), 1-12.

Rahim, A. R., & Jam’an, A. (2018). The analysis of influence of motivation and organizational commitment on employees’ performance in Telkom Kandatel Gorontalo Province. Problems and perspectives in management, (16, Iss. 4), 429-443.

Rizky, S. N., Sunaryo, H., & Salim, A. (2022). Organizational culture, motivation and organizational citizenship behavior effect on employee performance. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 5(1), 3565-3576.

Rochman, F., & Putra, B. (2022). ANALISIS PENGUKURAN PRODUKTIVITAS MENGGUNAKAN METODE MARVIN E. MUNDEL DAN ANALISA SWOT. Syntax Literate, 7(9), 13647–13672.

Romadhoni, B. (2020). Household electricity demand in South Sulawesi, Indonesia. International Journal of Energy Economics and Policy.

Romadhoni, B., Akhmad, A., Naldah, N., & Rossanty, N. P. E. (2023). Purchasing Decisions Effect of Social Media Marketing, Electronic Word of Mouth (eWOM), Purchase Intention. Journal of Accounting and Finance Management, 4(1), 74-86.

Rum, M. (2013). Locus of control, innovation, performance of the business people in the small business and medium industries in south Sulawesi. Journal of Economics, Business, & Accountancy Ventura, 15(3), 373-388.

Rum, M. (2016). Audit size, mandatory audit and time budget pressure on and audit risk and audit quality on practice of accounting users. European Journal of Social Sciences, 53(2), 201-215.

Rum, M. (2018, May). Cost Efficiency of Sea Freight and Lowering Cost of Consumption Goods. In IOP Conference Series: Earth and Environmental Science (Vol. 156, No. 1, p. 012020). IOP Publishing.

Salim, A., Rustam, A., Haeruddin, H., Asriati, A., & Putra, A. H. P. K. (2020). Economic strategy: Correlation between macro and microeconomics on income inequality in Indonesia. The Journal of Asian Finance, Economics and Business (JAFEB), 7(8), 681-693.

Sengupta, P., Chokshi, A., Ozacar, B., Dutta, S., Sanyal, M., & Shanahan, M. (2021). Language and symbolic violence in computational models of ethnocentrism: A critical phenomenology and Southern re-orientations. International Journal of Qualitative Studies in Education, 1–20.

Suarni, A., Jam’an, A., & Adawiah, R. (2023, February). FUND MANAGEMENT: AN EXPLARATORY CASE STUDY OF MOSQUES IN SOUTH SULAWESI INDONESIA. In Proceedings of the 1st International Conference on Social Science (ICSS) (Vol. 2, No. 1, pp. 188-194).

Suarni, A., Jam’an, A., & Adawiah, R. (2023). Factors Motivating The Local Community of Belawa, Wajo Regency, South Sulawesi Province to Engage in Edible Bird’s Nest Industry In The Perspective of Islamic Business Ethics. Muhammadiyah International Journal of Economics and Business, 2(2), 183-194.

Sudiantini, D. (2022). Bisnis Internasional Fakultas Ekonomi dan Bisnis. CV Pena Persada.

Suarya, B., Salim, A., Saleh, H., Abubakar, H., Suriani, S., Tenry Sose, A., & Makkulawu Panyiwi Kessi, A. (2021). Economic growth model and renewable energy utilization: Perspective of natural resources management and sustainable development of the gowa regency region south Sulawesi, Indonesia.

Surya, B., Hernita, H., Salim, A., Suriani, S., Perwira, I., Yulia, Y., ... & Yunus, K. (2022). Travel-business stagnation and SME business turbulence in the tourism sector in the era of the COVID-19 pandemic. Sustainability, 14(4), 2380.

Suprapto, Y., Wan, T., H, D., & Rahmadanti, R. (2023). Pengaruh Budaya Terhadap Dinamika Bisnis Internasional. Jurnal Mirai Management, 8(1), 590–595.

Suriyani, A., Saleh, S., & Akhmad, A. (2023). Capacity Building Empowerment of Weaver Groups Through Weaving Business Innovation at the Ikat Jata Kapa Weaving Center in Sikka Regency, East Nusa Tenggara Province, Indonesia, Indonesia. European Journal of Development Studies, 3(2), 59-68.

Tjuatja, C. M. (2022). Kompetensi Komunikasi Antarbudaya dan Adaptasi Budaya dalam Menjaga Hubungan Pertemanan dengan Masyarakat Lokal di Negara High dan Low Context Culture (Studi pada Pelajar Indonesia di Taiwan dan Australia) [Universitas Multimedia Nusantara]. https://kc.umn.ac.id/22272/




DOI: https://doi.org/10.26618/profitability.v8i1.14041

Refbacks

  • There are currently no refbacks.


Creative Commons License
Jurnal ilmu Manajemen Profitability is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Flag Counter