Name : Jason Adinata Wijaya

Student ID : 014202300084
Class : Management 6
Subject : Economic Survival
Lecturer : Hernawati W Retno
1. Please determine and give explanation of (include supporting research and data):
a) Production Management
In my opinion, Product Management can be define as optimization problem. It
focuses on achieving a smooth production process with efficient planning and control
of business operations. Such as monitoring, managing input and producing outputs.

Supporting Research and Data on Production Management: According to a research

paper on "A Study on Production Development And Management" by Priti Rai
(https://www.researchgate.net/publication/334537363_A_Research_Paper_on_A_Stu
dy_on_Production_Development_And_Management) Production is the process by
which raw materials and other inputs are converted in to the finished goods.
Operations management has been recognized as an important factor in a country’s
economic growth in service sector which become more famous. As for the data,
research indicates that companies that implement advanced production management
techniques such as lean manufacturing and Six Sigma achieve higher levels of
efficiency and quality. For example, a survey conducted by the American Productivity
& Quality Center (APQC) found that organizations that adopt lean practices
experience an average productivity improvement of 19%.

b) Human Productivity
Human productivity refers to the ability of individuals to use their time, skills, and
resources to achieve specific goals or accomplish tasks within a specific time frame. It
measures the rate at which individuals are able to deliver results, create value, and
contribute to their personal and professional lives. Productivity can be influenced by
various factors, including motivation, time management, workflow management, and
work environment.

Research and Data on Human Productivity: Productivity of Public Health Research in

Low- and Middle-Income Countries (LMICs) Research productivity in the Eastern
Mediterranean Region (EMR) is below global norms, especially when it comes to
public health research. Despite the fact that the EMR produces over 62% of the
articles published in the Index Medicus, many nations suffer from a lack of funding
for research systems, brain drain, and inadequate human resource capabilities. To
increase research productivity in the EMR, it is advised to fortify research capacity,
use a systems approach, and make investments in capacity building at the
institutional, macro, and individual levels.
c) Friendly Packaging
Friendly Packaging refers to eco-friendly and sustainable packaging methods
designed to minimize negative environmental impacts throughout the entire lifecycle
of a product. This concept aims to reduce waste, conserve resources, and promote a
circular economy.
Research and Data on Friendly Packaging:
Research conducted by Nielsen found that consumers are increasingly concerned
about the environmental impact of product packaging. Brands that adopt eco-friendly
packaging strategies can differentiate themselves in the market and appeal to
environmentally conscious consumers. According to Data bridge Market Research,
the global eco-friendly packaging market is projected to reach USD 269,463.14
million by 2030, driven by rising consumer demand for sustainable products and
regulatory initiatives promoting greener practices.

d) Blue Economy
The Blue Economy is a recent field of study that encompasses economic activities
that depend on the sea, often associated with other economic sectors, including
tourism, maritime transport, energy and fishing. Blue growth supports the sustainable
growth of the maritime and marine sectors as the oceans and seas are engines of the
global economy and have great potential for growth and innovation.
Research and Data on Blue Economy:
The article by Rosa María Martínez-Vázquez, Juan Milán-García & Jaime de Pablo
Valenciano (https://enveurope.springeropen.com/articles/10.1186/s12302-021-00502-
1) undertakes a bibliometric analysis in the terms of Blue Economy (BE), Maritime
Economy (MAE), Ocean Economy (OE), Marine Economy (ME), and Blue Growth
(BG) to analyze the scientific production of this field of study. Analysis of the authors’
definitions of BE, BG, ME and OE provides interesting relationships divided into
sustainability and governance; economics and ecosystem protection; industrial
development and localization; and the growth of the ocean economy, with
development as the central axis that encompasses them. The main contribution is to
find out if there is a link between the BE and the CE through the keyword study.
As for the data the Netherlands, a region crisscrossed by large rivers such as the
Rhine, Meuse, and Scheldt, is protected by a network of levees. Approximately 59%
of its territory is at risk of flooding, 26% is under the sea level and 29% can flood if
the rivers overflow. According to the commission that manages the Delta Plan, which
addresses the threat of water, a temperature increase of two degrees in the North Sea
could mean a rise of between 1 and 2 m.
 Scientific studies about New York City reveal that the sea level could rise by 2 m by
2100, endangering the survival of Manhattan, a threat for which the city is already
taking measures.
e) MSMEs in Business
MSMEs (Micro, Small, and Medium Enterprises) play a crucial role in driving
economic growth, employment generation, and poverty reduction in many countries.
They are often characterized by their flexibility, innovation, and contribution to local
development.

Research and Data on MSMEs in Business:

As of March 27, 2022, India has more than 7.9 million Micro, Small, and Medium
Enterprises (MSMEs). These MSMEs contribute nearly 8% of the country's GDP,
around 45% of the manufacturing output, and approximately 40% of the country's
exports. They play a crucial role in providing employment opportunities, promoting
entrepreneurship, and fostering innovation. MSMEs support the development of
skills, technology upgradation, and infrastructure enhancement in various sectors.

2. Case: Please explore your logical thinking for business ideas (choose one).

I chose the second option which is paper waste, thinking

about paper waste, the first that crossed on my mind was
making a recycled paper product as a material for buildings

Paper-Based Insulation
The possibility of using recycled paper as an insulating material for buildings, which
can help reduce energy consumption and provide a more sustainable option compared
to traditional insulation materials. These ideas leverage the versatility and eco-
friendly nature of recycled paper to create innovative products that contribute to
sustainability and environmental conservation.It have a big opportunity to sell, it
could reduce the paper waste and also good for our environtment at the same time. It
is also not consuming a lot of money to produce yet have a value to sell. Could be use
for the wall or even roof for a house, here I attached the illustration below:

3. You have been running your business for 2-3 weeks. Please determine and explain
the internal factors (strengths, weaknesses) as well as external factors (threats,
opportunities) of your business.
 Strengths
 a) We sell with a friendly prices. We sell a product with a friendly prices but with a
good and fresh quality.
b) Have a sweet and fresh taste. We sell a food that is fresh and healthy even if it is
sweet.
 Weaknesses

a.) The products offered is easily melted as our product is best consumed when it is
cold, since we use an ice for the cold and we sell a fruit soup which is better
consumed while it’s cold.
b.) We are not using a lot variant of fruits for our product that makes it our weakness
because many customers might expected us to use a lot kind of fruits.
 Threats
a.) People mostly preffered to buy an ordinary fruit soup as if our product is new and
not many people knows what makes our product different from the others.
b.) Lacks of tools. We are not fully prepared of the tools we are using, could’ve done
better but yet it is one of our weaknesses
c.) Expensive materials. We use a premium materials that makes the product value
goes up but yet we still can’t compete with the price especially for other seller
who’s already have a business partner that could get a good condition of product
with a less expensive price than ours.
d.) Materials that easily gets expired. We uses the best materials but indgridients fruit
and milk couldn’t last long as we have to keep the freshness of the product..
 Opportunities

a) Being the one and only product that offers a fruit soup but using a jelly that
covered the fruits that makes it chewy. It makes us different from any other seller
who sells fruit soup
b) Freshly made and best served when cold, we sell the product in a place that has a
high temprature, we could use this opportunity as our weapon for making the
consumer interested to buy.