achievement and successful trading. ABOUT INDONESIA Indonesia is the fourth largest populated country in the world and is located in Southeast Asia. South East Asia is home to more than 24 million people and Jakarta‚ Indonesia’s capital city‚ has more than 9 million people situated within it. Indonesia covers 1‚904‚569 sq km and is positioned 500 S and 120 00 E from the equator. Indonesians speak various languages including Bahasa Indonesia‚ fluent English and Dutch. As a result of the
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it starts from the headquarters’ instructions which guide the timing‚ format and issues needed to be addressed‚ budgeting is not obliged to attain specific targets. The corporation’s long-term goals are shared. Some international branches such as Indonesia‚ however‚ often establish their own targets since they traditionally excel the corporation’s goal. Like the sovereign risk limits setting process‚ the country managers seem to have responsibility to modify their goals based on a better understanding
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Case 1: Citibank Indonesia 1. Citibank’s budgeting process is based on a bottom-up method. It is not compromised of specific goals to be attained by individual operating units‚ but is composed for the corporation as a whole. Citibank was aiming for long-term goals‚ which call for profit growth of 12-15% per year‚ 1.25% return on assets‚ and 20% return on equity. These standards are set for the entire company‚ and individual sectors‚ such as international branches‚ usually set their own higher goals
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GARUDA INDONESIA I. AREAS FOR CONSIDERATION (SWOT ANALYSIS) A. STRENGTHS: 1. Low cost manufacturing capabilities 2. Technological know-how 3. Proprietary technology / superior technological skills 4. Superior intellectual capital 5. Better product quality 6. Market share leadership 7. Strong financial condition 8. An attractive customer base 9. Product Innovation skills 10. An attractive customer base
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Decolonization in Indonesia Reynaldi Gunawan Grade 12 Indonesia started their decolonization process at 1820. It took them about 130 years to successfully decolonized themselves from the Dutch‚ which happened in 1950. They Dutch already colonized Indonesia even way before 1820‚ but Indonesia started the struggle in the year 1820. Even though Indonesia gained independence in 1945‚ they haven’t get rid of the Dutch until 1950‚ so the process of decolonization ended at 1950 instead of 1945. It
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Indonesia is the largest economy of the South East Asian region. Previously considered a developing economy‚ Indonesia is now categorised an emerging economy due to its strong growth performance‚ prospects and shift from an agricultural based economy to a newly industrialised one. Despite it’s increasing economic growth rate of 6.2% in 2012‚ Indonesia still suffers from a relatively low level of economic development‚ as indicated by the HDI of 0.629 which is below 120 other economies. Mostly‚ this
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PT. POS INDONESIA (A) Mr Alinafiah‚ MBA‚ dan hanya diangkat ke posisi tertinggi PT. Pos Indonesia‚ duduk diam dan berpikir secara mendalam di kantor besar di lantai tiga PT. Pos Indonesia Head Office‚ J1.Banda No 30‚ Bandung‚ Indonesia. Dia terkejut dengan angka di depannya yang menjadi penyebab banyak perhatian akan kondisi perusahaan saat ini. Dia telah memulai karirnya di PT. Pos Indonesia dari bawah dan sebelumnya ia hanya dapat menganalisis kondisi perusahaan tapi tidak bisa berbuat banyak
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Article about Inflation Subject: Economy Submitted: Thursday‚ 29 November 2012 By: ID: 014201000039 Name: Joseph Amos P President University‚ Cikarang Baru‚ Bekasi‚ Indonesia 2012 Economics is the most important aspect of a country. The reciprocation of a country is seen in terms of economy. Economics also become a benchmark of development and prosperity in a country. Why does the economy become vitally important in a country? The word "economy" you hear about in everyday life and are
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I. INTRODUCTION PT Garuda Indonesia (Persero) Tbk (IDX: GIAA)‚ publicly known as Garuda Indonesia‚ is the flag carrier of Indonesia. It is named after the mystical giant bird Garuda of Hinduism and Buddhist mythology. It is headquartered at Soekarno-Hatta International Airport in Tangerang‚ near Jakarta‚ the capital city of Indonesia. Most Garuda Indonesia shares are owned by the Indonesian government; the airline employs 5‚808 staff (as of December 2010). According to the sacred
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globalization effects in Indonesia “In 1998 20% of the Indonesian population were below the poverty line. In 1999‚ 28% of the population was below the poverty line. Then in 2000‚ 22% of the population was below the poverty line” (Rukmana). The International Monetary Fund (IMF) claims to help countries in poverty achieve macroeconomic stability to reduce poverty. Macroeconomic stability is the balance of healthy rates of: GDP‚ unemployment‚ and price indices (Gupya). Indonesia sought the aid of the
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