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Strategic Direction toward Internationalization Business and Management EducationThe growth of internationalization activities within higher education has become “an important issues” and “present wave” in the development of higher education. Internationalization strategy is needed in higher education to accelerate the transformation into internationalization effectively. The purpose of this study is to offer a strategic direction for the internationalization of a private university in Indonesia. Present a five elements framework for strategy design, which providing answer to five questions. Arenas: where will we be active? Vehicles: how will to get there? Differentiator: how will we win in the marketplace? Staging: what will be our speed and sequence of moves? And last, Economic logic: how will we obtain our returns? Through those elements, the creating strategic direction expected that internationalization could work efficiently and effectively. Finding of this study reveals that there are elevens clusters of organization capability that must be considered to achieve HE internationalization. Those clusters includes: clusters organization capability such as 1) Organization and Leadership; 2) Managing Quality Management System; 3) Student and Graduate; 4) Managing People at work; 5) Developing Curriculum; Learning Management System & Academic Atmosphere; 6) Research, Professional Service, Community Service; 7) Cooperation & Networking ; 8) ICT Utilization; 9) Funding, Facility and Marketing Management; 10) Creating & managing KMS (Knowledge Management System); 11) Recognize & National and International Accreditation must be considered to achieve HE internationalization.
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Islamic and Conventional Equity Fund Rating Performance withalReturn, Sharpe, Modified Snail Trail, and Morningstar Rating GroundworkThis research aims to assess the performance of equity fund in Indonesia, Islamic and Conventional, whether they can outperform the market. The samples used in this research are 36 equity funds which have been established prior to January 2008. The performance measurement methods are rating based on return, Sharpe index, Modified Snail Trail, and Morningstar. This research finds that the performance of Islamic equity fund does not differ significantly compared to market and conventional equity fund based on return and Sharpe Index. The finding in high rating portfolio is quite obvious, high return and Sharpe Index rating portfolios produce the highest expected return of 1.09% in 5 years. Meanwhile, modified snail trail method shows 1% expected return, and the lastly, Morningstar rating indicates 0.64% return. These portfolios, except for Morningstar rating, outperform to benchmark portfolios namely, equally weighted portfolio and minimizing risk portfolio in all of three categories.
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Impacts of Utilitarian and Hedonistic Values of Online Shopping on Preferences and Intentions of ConsumersGiven to the ever-increasing development of human societies and necessity of productivity increase in all daily activities, using electronic systems is unavoidable. This is true about the process of shopping and utilizing electronic methods especially internet is increasing day by day. The present survey was formed through the intentions variable as the dependent variable, utilitarian and hedonistic values as independent variables and preferences as the mediating variable. Students of the Islamic Azad University, Tehran Science and Research branch were the statistical population and three-hundred seventy nine persons were selected using stratified random sampling proportional to the sample volume.Obtained results of testing hypotheses through structural equations model using SPSS and PLS software (statistical analysis) reveal that judgments about hedonistic and utilitarian values have a significant relationship with preferences. Also preferences have a significant relationship with future shopping intentions. Generally it can be argued that judgments of hedonistic and utilitarian values have a direct impact on preferences in online retailers and thus on future shopping intentions.