The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market

The business prospects and opportunities of the migrant workers’ (TKI) market are still wide open. This is shown by year to year remittances incremental of TKI that corresponds to a beneficial opportunity of the business players to optimize their exploration of this market. In reality, the current...

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Main Authors: Sihombing, Haeryip, Yaakob, Mohd Yuhazri, Safarudin, Mochamad
Format: Article
Language:English
Published: 2011
Subjects:
Online Access:http://eprints.utem.edu.my/id/eprint/4042/
http://eprints.utem.edu.my/id/eprint/4042/1/The_Business_Perspective_Strategy_Towards_The_TKI_Market.pdf
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author Sihombing, Haeryip
Yaakob, Mohd Yuhazri
Safarudin, Mochamad
author_facet Sihombing, Haeryip
Yaakob, Mohd Yuhazri
Safarudin, Mochamad
author_sort Sihombing, Haeryip
building UTeM Institutional Repository
collection Online Access
description The business prospects and opportunities of the migrant workers’ (TKI) market are still wide open. This is shown by year to year remittances incremental of TKI that corresponds to a beneficial opportunity of the business players to optimize their exploration of this market. In reality, the current efforts and strategy in this exploration, however, are still not utilized effectively in terms of competitive advantage. Therefore, the initiative strategy towards product differentiation and innovation of the offered service should be explored and optimized based on the sustainable beneficial prospects for the business. As described briefly in this paper through a case of business innovation towards differentiation, the proposed strategies such as localization and two-sided market are required for business organizations to unlock their product innovation strategy towards TKI (as their customer) through the innovative solution against the poverty.
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spelling utem-40422021-12-24T16:26:30Z http://eprints.utem.edu.my/id/eprint/4042/ The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market Sihombing, Haeryip Yaakob, Mohd Yuhazri Safarudin, Mochamad HC Economic History and Conditions HD28 Management. Industrial Management HJ Public Finance The business prospects and opportunities of the migrant workers’ (TKI) market are still wide open. This is shown by year to year remittances incremental of TKI that corresponds to a beneficial opportunity of the business players to optimize their exploration of this market. In reality, the current efforts and strategy in this exploration, however, are still not utilized effectively in terms of competitive advantage. Therefore, the initiative strategy towards product differentiation and innovation of the offered service should be explored and optimized based on the sustainable beneficial prospects for the business. As described briefly in this paper through a case of business innovation towards differentiation, the proposed strategies such as localization and two-sided market are required for business organizations to unlock their product innovation strategy towards TKI (as their customer) through the innovative solution against the poverty. 2011-01 Article PeerReviewed text en http://eprints.utem.edu.my/id/eprint/4042/1/The_Business_Perspective_Strategy_Towards_The_TKI_Market.pdf Sihombing, Haeryip and Yaakob, Mohd Yuhazri and Safarudin, Mochamad (2011) The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market. Journal of Indonesian Economy and Business (JIEB), 26 (1). pp. 64-89. ISSN 2085-8272 http://www.jieb.feb.ugm.ac.id/catalog/index.php/jieb/issue/view/124
spellingShingle HC Economic History and Conditions
HD28 Management. Industrial Management
HJ Public Finance
Sihombing, Haeryip
Yaakob, Mohd Yuhazri
Safarudin, Mochamad
The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market
title The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market
title_full The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market
title_fullStr The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market
title_full_unstemmed The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market
title_short The Business Perspectives Strategy Towards the TKI (Indonesian Migrant Workers) Market
title_sort business perspectives strategy towards the tki (indonesian migrant workers) market
topic HC Economic History and Conditions
HD28 Management. Industrial Management
HJ Public Finance
url http://eprints.utem.edu.my/id/eprint/4042/
http://eprints.utem.edu.my/id/eprint/4042/
http://eprints.utem.edu.my/id/eprint/4042/1/The_Business_Perspective_Strategy_Towards_The_TKI_Market.pdf