The Effect Of Capital And Business Volume On The Remaining Business Results Of The Civil Servant Cooperative In Solok Regency, West Sumatra

by ADMIN 140 views

The Effect of Capital and Business Volume on the Remaining Business Results of the Civil Servant Cooperative in Solok Regency, West Sumatra

Introduction

The Civil Servant Cooperative in Solok Regency, West Sumatra, is one of the many cooperatives that play a significant role in the economic development of the region. As a cooperative, it relies heavily on the support of its members and the management of its resources to achieve its goals. One of the key factors that contribute to the success of a cooperative is the management of its capital and business volume. In this article, we will discuss the effect of capital and business volume on the remaining business results of the Civil Servant Cooperative in Solok Regency, West Sumatra.

Background of the Study

Research conducted by Dian Sukmalega in 2009 examined the impact of capital and business volume on the remaining business results (SHU) at the Civil Servants Cooperative in Solok Regency, West Sumatra. The study aimed to explore the relationship between these factors during 2008. The methodology used in this study included descriptive analysis and multiple linear regression analysis, where the results were managed using SPSS 14.00 software for Windows.

The Importance of Capital in Cooperatives

Capital is a key factor in the development of cooperatives, including civil servant cooperatives. In this context, capital can include initial capital, deposit funds from members, as well as loans from financial institutions. Enough capital allows cooperatives to increase operational capacity, expand business reach, and invest in technology or training. With the increase in capital, cooperatives can increase operational efficiency and, in the end, produce more SHU.

The Role of Business Volume in Cooperatives

Business volume reflects how much transactions are carried out by cooperatives in a certain period. Increased business volume is generally directly proportional to the increase in income, which in turn will contribute to the increase in SHU. Cooperatives that are able to reach more members or offer more products and services tend to experience an increase in business volume. Thus, strategies to increase business volume, such as promotion, product diversification, and improvement of customer service, can have a positive impact on the final results of the cooperative.

The Relationship Between Capital and Business Volume

The results of this study showed that both capital and business volume had a significant influence on the remaining cooperative business results, with the coefficient of determination (R²) of 56.7%. This means that around 56.7% variations in the remaining business results can be explained by capital and business volume, while the remaining 43.3% are influenced by other factors that are not examined in this study.

Conclusion

The results of this study emphasize the importance of managing capital and business volume development strategies for cooperatives. Thus, to increase the remaining business outcomes, the Civil Servants Cooperatives in Solok Regency need to pay attention to these two aspects holistically. The steps to increase capital and operational efficiency must be balanced with a strategy to increase business volume, in order to achieve sustainability and welfare for all members of the cooperative. Through this research, it is expected to provide insight for cooperative managers and other stakeholders in an effort to improve the performance of cooperatives in the area.

Recommendations

Based on the findings of this study, the following recommendations are made:

  1. Increase capital: The Civil Servants Cooperatives in Solok Regency should increase its capital by attracting more members, increasing deposit funds, and seeking loans from financial institutions.
  2. Increase business volume: The cooperative should implement strategies to increase business volume, such as promotion, product diversification, and improvement of customer service.
  3. Balance capital and business volume: The cooperative should balance the increase in capital and operational efficiency with a strategy to increase business volume, in order to achieve sustainability and welfare for all members of the cooperative.

Limitations of the Study

This study has several limitations, including:

  1. Limited data: The study only examined the data from 2008, which may not be representative of the current situation.
  2. Limited scope: The study only focused on the Civil Servants Cooperative in Solok Regency, West Sumatra, and may not be applicable to other cooperatives.
  3. Methodological limitations: The study used descriptive analysis and multiple linear regression analysis, which may not capture the complexity of the relationship between capital and business volume.

Future Research Directions

Future research should aim to:

  1. Examine the current situation: Conduct a study to examine the current situation of the Civil Servants Cooperative in Solok Regency, West Sumatra, and its performance in recent years.
  2. Expand the scope: Conduct a study to examine the performance of other cooperatives in the region, in order to identify best practices and areas for improvement.
  3. Use more advanced methods: Use more advanced methods, such as structural equation modeling, to capture the complexity of the relationship between capital and business volume.

Conclusion

In conclusion, this study highlights the importance of managing capital and business volume development strategies for cooperatives. The results of this study emphasize the need for the Civil Servants Cooperatives in Solok Regency to pay attention to these two aspects holistically, in order to achieve sustainability and welfare for all members of the cooperative. Through this research, it is expected to provide insight for cooperative managers and other stakeholders in an effort to improve the performance of cooperatives in the area.
Frequently Asked Questions (FAQs) about the Effect of Capital and Business Volume on the Remaining Business Results of the Civil Servant Cooperative in Solok Regency, West Sumatra

Q: What is the main objective of the study? A: The main objective of the study is to examine the effect of capital and business volume on the remaining business results of the Civil Servant Cooperative in Solok Regency, West Sumatra.

Q: What methodology was used in the study? A: The study used descriptive analysis and multiple linear regression analysis, where the results were managed using SPSS 14.00 software for Windows.

Q: What are the key findings of the study? A: The study found that both capital and business volume had a significant influence on the remaining cooperative business results, with the coefficient of determination (R²) of 56.7%.

Q: What is the importance of capital in cooperatives? A: Capital is a key factor in the development of cooperatives, including civil servant cooperatives. It allows cooperatives to increase operational capacity, expand business reach, and invest in technology or training.

Q: What is the role of business volume in cooperatives? A: Business volume reflects how much transactions are carried out by cooperatives in a certain period. Increased business volume is generally directly proportional to the increase in income, which in turn will contribute to the increase in SHU.

Q: How can cooperatives increase their business volume? A: Cooperatives can increase their business volume by implementing strategies such as promotion, product diversification, and improvement of customer service.

Q: What are the limitations of the study? A: The study has several limitations, including limited data, limited scope, and methodological limitations.

Q: What are the recommendations of the study? A: The study recommends that the Civil Servants Cooperatives in Solok Regency should increase its capital, increase business volume, and balance capital and business volume in order to achieve sustainability and welfare for all members of the cooperative.

Q: What are the future research directions? A: Future research should aim to examine the current situation, expand the scope, and use more advanced methods to capture the complexity of the relationship between capital and business volume.

Q: What are the implications of the study for cooperative managers and stakeholders? A: The study provides insight for cooperative managers and other stakeholders in an effort to improve the performance of cooperatives in the area.

Q: What are the benefits of the study for the Civil Servants Cooperative in Solok Regency? A: The study provides recommendations for the Civil Servants Cooperative in Solok Regency to improve its performance and achieve sustainability and welfare for all members of the cooperative.

Q: How can the study be applied in practice? A: The study can be applied in practice by cooperative managers and stakeholders who want to improve the performance of their cooperatives.

Q: What are the potential applications of the study? A: The study has potential applications in the field of cooperative management, business development, and economic development.

Q: What are the potential limitations of the study? A: The study has potential limitations, including the limited scope, limited data, and methodological limitations.

Q: What are the potential future research directions? A: Future research should aim to examine the current situation, expand the scope, and use more advanced methods to capture the complexity of the relationship between capital and business volume.

Q: What are the potential implications of the study for policy makers and regulators? A: The study provides insight for policy makers and regulators in an effort to improve the performance of cooperatives in the area.

Q: What are the potential benefits of the study for the community? A: The study provides recommendations for the Civil Servants Cooperative in Solok Regency to improve its performance and achieve sustainability and welfare for all members of the cooperative, which can benefit the community.