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Djoko Susanto, born Kwok Kwie Fo (Chinese: 郭貴和; pinyin: Guō Guì Hé; Pe̍h-ōe-jī: Kueh Kùi Hām; born 9 February 1950) is an Indonesian entrepreneur, successful businessman and well known as a new billionaire of Indonesia since 2011.
PT Sumber Alfaria Trijaya Tbk or Alfamart is a primarily-franchised Indonesian convenience store chain. As of June 2023, it has over 18,000 stores in 27 provinces spread across Indonesia , with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners. [ 1 ]
Social exchange theory is a sociological and psychological theory that studies the social behavior in the interaction of two parties that implement a cost-benefit analysis to determine risks and benefits. The theory also involves economic relationships—the cost-benefit analysis occurs when each party has goods that the other parties value. [1]
Cost–benefit analysis – Systematic approach to estimating the strengths and weaknesses of alternatives; Kaldor–Hicks efficiency – State leading to a Pareto-efficient outcome, concerning the compensation principle; Pareto efficiency – Weakly optimal allocation of resources
In marketing strategy, first-mover advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment.First-mover advantage enables a company or firm to establish strong brand recognition, customer loyalty, and early purchase of resources before other competitors enter the market segment.
[1] [2] One can also speak of the compensating differential for an especially desirable job, or one that provides special benefits, but in this case the differential would be negative: that is, a given worker would be willing to accept a lower wage for an especially desirable job, relative to other jobs.
Lin and Anol postulated an extended model of UTAUT, including the influence of online social support on network information technology usage. They surveyed 317 undergraduate students in Taiwan regarding their online social support in using instant messaging and found that social influence plays an important role in affecting online social support.
The adaptive market hypothesis, as proposed by Andrew Lo, [1] is an attempt to reconcile economic theories based on the efficient market hypothesis (which implies that markets are efficient) with behavioral economics, by applying the principles of evolution to financial interactions: competition, adaptation, and natural selection. [2]