Tony Prasetiantono 
An Inquiry into the Nature and Causes of the Wealth of Nations , one of Adam Smith’s masterpieces which until now has become the foundation of modern economics, contains the concepts of Smith’s thoughts for many years. In this article we will note the important points presented in the book. Please note that The Wealth … Read more
Inflation is one of the main topics in economic studies. The amount of inflation is very influential on the economic growth of a country. Inflation is often used as an excuse for not achieving economic growth targets. Not infrequently inflation is also used as a campaign tool for prospective leaders to win the votes of … Read more
Similar to the product planning stages, the life of a product also has its stages. The stages of a product’s life are called the product life cycle . Understanding the product life cycle is very important in the business world. Through this cycle, business people can plan marketing strategies when products start to decline. Understanding … Read more
Packaging is something that is very important and cannot be separated from the marketing and distribution process of a product. So what exactly is the meaning of packaging, and what is the purpose of packaging itself? In this article, we will briefly discuss several things related to packaging, including: Explanation of what is meant by packaging, both in … Read more
In measuring the development and progress of a country, of course the main reference or indicator is how much economic growth is. Meanwhile, the level of economic growth can be seen from the value of the Gross Domestic Product (GDP) in the country. If the GDP is low and continues to decline for months, it can trigger an economic recession . What … Read more
Business pals, hearing the word ” sales ” doesn’t sound familiar anymore, doesn’t it? Its vital role for the company makes the sales role as the spearhead of the company’s sales. Therefore, it is often easy for us to find job vacancies for sales positions . Unfortunately, many people actually underestimate this profession. Because, sales … Read more
In every business, every company definitely needs marketing to market a product. In addition, companies also need branding so that a product can stick in the minds of consumers. Because of this, some people who are not familiar with business think that branding and marketing have the same meaning. What exactly is branding? Simply put, branding is the … Read more
Often Confused What is the difference between Revenue and Income? Here’s the explanation – Without realizing it, usually some financial terms are very often misused in everyday conversation. The wrong use of the word sometimes causes confusion for young investors and early entrepreneurs. Especially entrepreneurs and investors who do not have a formal basic education about finance. … Read more
As we know, market share is a very determining factor for the success of a business. Then actually, what is the meaning of market share , and what is its purpose? The answer is in this article. Here I will discuss in detail several things related to market share , including: A brief explanation of what market share is . Types of market shares . Measuring the … Read more
Gig Economy is a term that has recently been booming among the public. The gig economy was born from significant technological developments or we know it as 4.0 technology The gig economy actually refers to a new way of working that is considered more effective and efficient than the previous way of working. In addition, … Read more
In economics, there are three types of goods that humans can use to support their survival. The three types of goods are economic goods, illite goods, and free goods. All three have different meanings and characteristics. However, because there are goods that are limited. Maybe you will not be able to enjoy the item continuously. … Read more
Are You looking for references on microeconomic theory? That’s right, sometimes there are still many people who can’t tell the difference between micro and macro economics. Even though the study of this theory will often be encountered by us when studying economics. In order to get to know and understand more about the study of the … Read more
Using numbers in English is not the same as numbers in other country. In English, the terms cardinal and ordinal numbers are known. What are cardinal and ordinal numbers? Check out this study. In English lessons, there are two types of numbers. The first number is known as Cardinal Numbers, while the second number is known as Ordinal … Read more
This article will discuss the right triangle formula, starting from its meaning to example questions and discussion. Hi guys ! Did you know that there are various types of triangles, one of which is a right triangle. That you know triangle with one side perpendicular to form an angle of 90 °. While the other side is slanted and that is … Read more
Antonio Gramsci was an Italian intellectual and politician who founded the Italian Communist Party and contributed to the idea of communism in Italy. He was born in Ales, Italy on January 23, 1891. In 1911, Gramsci began his academic career at the University of Turin. He also joined the Socialist Party, and was associated with the Federation … Read more
Social research method is a systematic way to study social phenomena. Social phenomena can be explained scientifically if the investigation process is carried out through the application of social research methods. Before going any further, it is necessary to first understand the meaning of research. What is research? Research can simply be interpreted as scientific efforts made … Read more
Kiai Haji Muhammad Sangidu or Kanjeng Raden Penghulu Haji (KRPH) Muhammad Kamaluddiningrat (born in Kampung Kauman Yogyakarta [a] in 1883 and buried in the Karangkajen Cemetery after his death in 1980) is the 13th Chief Penghulu [b] of the Sultanate of Yogyakarta who was sworn in in 1914 to replace the previous penghulu , KRPH … Read more
Like an archer athlete, a successful business can certainly determine the right target market . An archer must already know how much energy must be expended to reach the target. If the target is close, it means that there is no need to pull the arrow too far so that energy is not wasted, but … Read more
Simply put, SOP are guidelines related to procedures that must be carried out. For example, in a company, company SOP are all the guidelines that employees need to do to get good work results. This rule itself is not only about how to get the job done. There are SOP if there is a disaster, … Read more
You must have heard the term “CEO” before, right? Especially if you are quite active in socializing on professional social media such as LinkedIn, you will often come across several profiles of individuals who have CEO positions in the companies where they work. Whether it’s for companies whose names are already quite large in Indonesia, as well as … Read more
Distribution is one of the processes carried out in economic activities and plays an important role in providing human needs. So what exactly is distribution, and what is its purpose? In this article, several things related to distribution will be discussed in full, including: An explanation of what distribution is, both in general terms and according to experts. … Read more
The term economic bubble or often also referred to as a speculative bubble or financial bubble. This is one thing to watch out for, especially when you invest. Determining investment instruments is not an easy thing. Of course, everyone hopes that the chosen investment instrument can increase in price so that it will provide benefits in the … Read more
In short, the definition of an embargo is a prohibition issued by the government in a country to import or export certain goods or products to other countries. This term is common and familiar used in the world of economics, especially in trade and politics. For more on the meaning of embargo and its types, … Read more
Emergency Response Plan Planning to Face Potential Disasters – In this very dynamic world, apart from the challenges of globalization and business competition, industry players and society are also faced with unavoidable potentials, namely the potential for disasters. Disasters in this case include fires, riots, earthquakes, floods, tsunamis, volcanoes, and other things. In Indonesia, which is an archipelagic … Read more
What is product differentiation? Product differentiation is the process that differentiates your product or service from others. This process involves detailing the characteristics of each product that consumers value and making it unique. When successful, product differentiation creates a competitive advantage because customers see your product as superior. Why is product differentiation important? It is important for … Read more
The ideal gimmick is low cost but still manages to attract the attention of many potential customers. More than that, a good gimmick leaves a strong and positive impression on people’s minds about your company and products, an impression that lingers on them for a long time. A few examples of gimmicks will help you get a … Read more
Process management is the most important part of any process development and improvement effort. So process management is a way or action in dividing, allocating programs to be executed so that they are not messy and run well as they should. In its function to develop and increase the degree of efficiency and effectiveness, process management is … Read more
Working capital is the company’s ability to pay current liabilities with current assets . Working capital is an important measure of financial health because creditors can measure a company’s ability to pay off its debts within a year. Working capital represents the difference between a company’s current assets and current liabilities. The challenge is to … Read more
Gross Profit Margin is a metric that analysts use to assess a company’s financial health by calculating the amount of money left over from product sales after reducing the cost of goods sold (COGS) . Sometimes gross profit margin is referred to as gross margin ratio, gross profit margin is often expressed as a percentage of … Read more
What is the Law of Supply and Demand? The law of supply and demand is a theory that explains the interaction between a seller of a resource and a buyer of that resource. This theory explains the interaction between the existence or availability of a product and the demand for that product on the price … Read more
For some people, reading the news may be like eating or drinking, which is not only a necessity but also a necessity. What for? Yes, especially if you don’t get information, as is the meaning of the news text that we know. The information contained in the news text itself can be in the form of events … Read more
The main idea or main idea is a topic that will be discussed in a paragraph. A good paragraph has a main idea and a few explanatory sentences. The main idea serves as the topic of discussion, while the explanatory sentence serves to explain the topic. A paragraph must have a main idea and explanatory sentences that are … Read more
Islamic banks are banks that carry out their activities based on Islamic law (Islamic principles). This bank is also called an interest-free bank. Why not, in raising funds this bank does not provide interest in return and in loans are not subject to interest. In carrying out its activities, this bank is based on Islamic religious principles … Read more
Along with advances in science and technology have a significant impact on human life. One of them, with the internet which has a very big influence on changes in the world of education. With the many advantages of the internet, both in terms of time efficiency, complete information, and flexibility, books are no longer the only source … Read more
There is a phenomenon in economic studies called economic bubbles or bubble economy . This phenomenon occurs in many countries and has a long history. In this article we will study the general definition of a bubble economy or economic bubbles and some of the events in which the phenomenon of economic bubbles occurs. According … Read more
The economic growth of a country is closely related to the welfare of its people which also becomes a benchmark for whether a country is in a good economic condition or not. Simon Kuznets himself stated that economic growth is a condition in which a country is able to increase its production based on technological … Read more
Kakeibo is a Japanese concept art of financial management that teaches us how to save more by reducing the amount of spending each month. Why learn from Japan’s Kakeibo? Hundreds of years ago, Japan was famous for its agricultural production in the traditional way. Japan has changed now, even famous for its very advanced technological … Read more
Everyone wants to have a high income. To achieve a high income, you need to hone the skills needed. No need to wait to pass. As a student, you can actually learn high-paying skills during college . In addition to still having free time to learn new skills , you can find additional income by … Read more
In the previous material, we have studied the definition of inflation, its triggering factors, and economic policies to overcome it. In this article, we will study the situation opposite to inflation, namely negative inflation or deflation and its impact on the economy. 1. DEFINITION OF DEFLATION. In principle, deflation is a general decline in output … Read more
Concepts of Utilitarianism, Liberalism, Libertarianism, and Socialism in Economic Policy Determination. Determination of economic policy is a classic problem that has always been a debate. The question of what policies the government should implement regarding equitable distribution of social welfare often raises pros and cons. In this paper, we will study the basic concepts that … Read more
Borobudur Temple, located in Central Java, Indonesia, is one of the most iconic Buddhist temples in the world. Every year, millions of visitors come to this UNESCO World Heritage Site to witness its grandeur and spirituality. However, starting from January 1st, 2021, the temple authorities have revised their entrance fee policy, which has caused some … Read more
Borobudur is a majestic temple located in Central Java, Indonesia. It is considered one of the world’s most exceptional Buddhist monuments, with more than 500 Buddha statues and nearly 2,700 relief panels carved into its walls. The temple was built in the 9th century and abandoned for centuries, but it was rediscovered in the 19th … Read more
Located in Magelang, Central Java, Indonesia, Borobudur temple is one of the most magnificent and grandiose Buddhist monuments that has stood the test of time. This temple is an exceptional masterpiece of architecture that boasts of stupendous stone carvings, intricate design, and a grandeur unparalleled to any other monument. Borobudur temple was built between the … Read more
Borobudur Temple is one of the most famous and beautiful temples of Indonesia. It is a masterpiece of Buddhist architecture and one of the most visited tourist attractions in the country. If you’re planning a trip to Borobudur, it is important to know the opening hours to make the most of your experience. Borobudur Temple … Read more
Borobudur Temple: Indonesia’s Biggest Restoration Project Underway! Borobudur Temple, a UNESCO World Heritage site located in central Java, Indonesia, is one of the largest and most important Buddhist temples in the world. Built in the 8th and 9th centuries, it is a testament to the architecture and art of ancient Indonesia. Currently, it is undergoing … Read more
The Borobudur Temple, located in Central Java, Indonesia, is one of the most renowned Buddhist temples in the world. Despite being over a thousand years old, the temple remains a marvel of architecture, art, and religion. However, due to the ongoing pandemic, it may not be easy for people to visit the temple in person. … Read more
Borobudur Temple is one of the greatest and most significant Buddhist monuments in the world. Located in Magelang, Central Java, Indonesia, this UNESCO World Heritage Site attracts thousands of visitors each year. According to historians, Borobudur Temple was built in the ninth century during the Sailendra dynasty’s rule. The magnificent temple was then abandoned in … Read more
The Borobudur Temple, located in Central Java, Indonesia, is one of the world’s most impressive historical sites, and its new tourist information center is making it easier and more enjoyable for travelers to explore its wonders. The Borobudur Temple is a Buddhist monument built in the 8th and 9th centuries AD. It is made up … Read more