Companies in Indonesia that can get out of the problem of global economic disruption

Dika Anggara Putra

No 7kjnw, OSF Preprints from Center for Open Science

Abstract: At present, many companies cannot survive in the face of global economic developments. The level of ease of doing business in Indonesia has also experienced a decline which puts Indonesia currently in 73rd position out of 190 countries, this decline is due to the fact that global economic conditions tend to be sluggish, unbalanced. , and is followed by high global financial uncertainty. Economies in other countries such as Europe and China are also experiencing slow growth. In addition, the volume of world trade is also predicted to be low due to the deteriorating trade relations between countries. In an era of economic disruption which is predicted to last a long time, business people in Indonesia are required to continue to reform, innovate and create diversification so that they can survive and compete in the global market. Therefore, many companies are trying the latest management systems to deal with disruptions. global economy with the hope that companies can develop and innovate. From 2016 to 2018 the business developed rapidly and competition was getting tougher. Every company must be able to make adjustments by making changes, experimenting, developing according to the current era, namely the era of the industrial revolution 4.0.

Date: 2021-03-22
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:7kjnw

DOI: 10.31219/osf.io/7kjnw

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