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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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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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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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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Agriculture Agriculture in Indonesia supports the livelihood of the population. Every three out of five people live in rural areas and farming is considered a main occupation for many families. Around 45% of Indonesian workers are farmers. Rice is Indonesians primary staple crop. Indonesia today is the third largest rice producer totaling 64‚398‚900 tons of rice in all. Most of the rice produced in Indonesia is located in the island of Java. Before the fall of the New Order‚ they were most known
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Culture of Indonesia The present day culture of Indonesia is an outcome of the interplay of age-old- traditions from the time of early migrants and the Western thought brought by Portuguese traders and Dutch colonists. The basic principles‚ which guide life include the concepts of mutual assistance and consultations to arrive at a consensus. Derived from rural life‚ this system is still very much in use in community life across the country. Indigenous has been instrumental in securing gender equality
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Asia-Pacific Development Journal Vol. 7‚ No. 2‚ December 2000 CORRUPTION: CAUSES‚ CONSEQUENCES AND CURES U Myint* The paper stresses the need to keep the issue of corruption squarely in view in the development agenda. It discusses the causes and consequences of corruption‚ especially in the context of a least developed country with considerable regulation and central direction. Lack of transparency‚ accountability and consistency‚ as well as institutional weaknesses such as in the legislative
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Institute of Integrity‚ Public Service‚ Ethics‚ Corruption INTRODUCTION The Government of Malaysia has made continuous efforts and put in place an elaborate set of strategies and institutions aimed at combating corruption and promoting integrity in the society. The nation’s anti-corruption drive has lately received a major boost. Former Prime Minister‚ Abdullah Haji Ahmad Badawi’s government that came to power in 2003‚ declared combating corruption as its main priority‚ which was followed by a
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The tradition of mudik or home for the holidays is found in many countries. Why is this tradition so strong in certain societies? Does it still have a place in today’s world? Mudik is an Indonesian term used to describe when someone who lives away from home is coming home for the holidays. This tradition is often seen during great holidays‚ such as Christmas and Eid-ul-Fitr. In Indonesia‚ for example‚ as many as 30 million people go mudik on Eid-ul-Fitr in 2011. Most people do mudik activity because
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