M U L T I N A T I O N A L C O M P A N Y ( E P S O N )

 YOSIE AURIEL SIMBOLON || 10 B 

B I O G R A P H Y

Seiko Epson Corporation or better known as Epson is an electronic multinational company from Japan. This MNC is one of the largest manufacturers of computer printers and information and image-related equipment in the world. Headquartered in Suwa, Nagano, Japan, the company has many subsidiaries throughout the world. This company has been able to expand sales to all corners of Indonesia. PT Indonesia Epson Industry is currently marketing SIDM (Dot Matrix), Inkjet, Laser, LFP printer products including consumables, and other products such as scanners and LCD projectors.

PT Indonesia Epson Industry was established on October 1, 2000, as a sales and marketing representative in Indonesia. PT Indonesia Epson Industry operates under the control of the Epson Singapore regional office, Pte. Ltd. At present, PT Epson Indonesia located in Jakarta has 27 after-sales locations (6 Epson Sales & Service and 21 Epson Service Centers) in 24 major cities in Indonesia: Jakarta, Tangerang, Bandung, Semarang, Yogyakarta, Surabaya, Medan, Makassar, Pontianak, Pekanbaru, Palembang, Samarinda, Jember, Manado, Cirebon, Purwokerto, Madiun, Bogor, Cikarang, Serang, Bali, Batam, Banjarmasin, and Palu. 

B E N E F I T S   F O R  S T A T E   R E C I P I E N T S ( I N D O N E S I A )

1. The formation or increase of capital
2. The increase in community income
3. Increased employment opportunities
4. Technology transfer
5. Improvement of the balance of payment position
6. Gain foreign currencies through investment in the export sector
7. Reducing foreign exchange requirements for import activities in the industrial sector
8. Support national development

B E N E F I T S  F O R  T H E  E M P L O Y E E S

1. Principles of professionalism: there is no hierarchy based on age, work experience, or academic degree. So, there is no obstacle to reaching the top position.

2. Have a standardized work system: there are clear guidelines on administrative issues, division of labor, authority, to coordination between sections, thereby reducing errors.

3. Implement fairly strict administrative procedures: training workers in documenting information or problems will be easier to trace them.

4. Have access to the latest information and technology in related industries: broaden employees' insight and provide "added value" in the field of work you are in.

5. Provide training materials: bring in internationally qualified facilitators, and can send workers for training abroad.

6. Becoming a stepping stone to enter the global workforce: an opportunity for workers to get assignments in other branches abroad.

B E N E F I T S  O F  B E I N G  A  M U L T I N A T I O N A L  C O M P A N Y

1. Getting raw materials to be processed or produced in other countries.
2. Obtaining new market shares in other countries.
3. Making investments allows for lower production costs.
4. Reduce production and sales risks by finding new locations in other countries.
5. Maximize profits by reducing production costs to the lowest.
6. It can strengthen its corporate structure by serving foreign markets, companies.
7. Become a strong entity by utilizing their company's knowledge in other countries.

C O N F L I C T S  T H A T  A P P E A R  I N  S T A T E  R E C I P I E N T S  ( I N D O N E S I A )

1. 

   Can kill local companies: the power of large funds or capital of multinational companies can monopolize a sector.
2. Export profits: return profits to the owners of capital in their home country. Therefore, the benefits for the host (Indonesia) are relatively small.
3. Impact on Culture and Social: damaging the local cultural and social image such as changing the traditional clothing and food styles of the local community.
4. Low Quality of Workers' Health and Safety: pay less attention to the safety and health of their workers.
5. Can Cause Environmental Damage: produce goods in a way that does not respect the environment.

C O N F L I C T S  O F  B E I N G  A  M U L T I N A T I O N A L  C O M P A N Y

1. Operational Risk: risks related to company systems, work processes, technology, and human resources.
2. Financial Risk: impacts on the company's finances as well as risks arising from currency fluctuations, interest rates including credit lending risks, liquidity and market conditions.
3. Danger Risk: physical accidents such as damage due to fire, earthquake, physical damage, etc.
4. Strategic risk: relating to corporate strategy, politics, economics, law, organizational leadership, and changes in customer satisfaction.

I M P A C T S  O F  E P S O N  O N  I N D O N E S I A ' S E C O N O M Y

1. In Indonesia, Epson grew business by 15.71% CAGR from 2013-2018 (Fiscal Year)
2. Epson brings new value to its customers through precision and intelligent technology that will reduce the impact on the environment.
3. Epson takes a unique approach to business innovation supported by a long history of knitting and attention in great detail
4. Epson continues to invest heavily in developing technology and products to meet increasingly high needs
5. Provide enhanced experience enhancements to serve commercial and industrial markets.
6. Epson is currently the market leader in inkjet printers, with a 47% share in Indonesia.

M Y  P E R S P E C T I V E  O N  E P S O N' S  L O C A T I O N  D E C I S I O N  (I N D O N E S I A)

⇨ As an employee, I feel happy and relieved to work at PT Indonesia Epson Industry, which is one of the world's largest manufacturers of computer printers, and information and imaging related equipment. This multinational company provides the best insurance facilities and benefits for employees such as transportation, BPJS health, attendance, sector 1 salary, shifting, lunch with various menus, pickups, annual bonuses, etc. Besides, the salary offered is quite high, it reaches Rp 7.5 million (above the minimum wage). Every day I work for about 8 hours with a break every 2.5 hours. These things motivate me and increase my enthusiasm. It also improves the economy and standard of living of the workers. Moreover, the company's efficiency and productivity will also absolutely continue to develop. By contrast, this well-known company has a rather tiring burden for me, especially the "fresh graduated" employees. Also, career development and communication between workers are very slow so that it can cause inaccuracies in the production process.

⇨ With an overall perspective, the location decision of the Epson Industry in Indonesia is arguably beneficial to the Indonesian economy. Epson has expanded employment in the country of Indonesia and enhanced the business segment in Indonesia by providing brilliant innovation, accuracy in performance, and expanding the limits of imagination. This multinational company has also deepened its efforts to serve the high growth of potential markets in various business segments. The company's technological development is also useful to improve and support people in different situations. But on the downside, Epson has an unfavorable effect on local companies because its expansion in Indonesia, rise its market shares.