Tatakelola Koperasi di Salatiga

7$7$.(/2/$.23(5$6,',6$/$7,*$

7UL%XGL\RQR&KULVWLQD0D\D,QGDK6XVLORZDWL )DNXOWDV+XNXP8QLYHUVLWDV.ULVWHQ6DODWLJD -O'LSRQHJRUR1RPRU6DODWLJD WUEXXNVZ#\DKRRFRPPD\DXNVZ#\DKRRFRLG $EVWUDFW 7KHFRRSHUDWLYHJRYHUQDQFHZLWKRXWEDVHGRQJRRGFRRSHUDWLYHJRYHUQDQFHZLOOPDNHDQHJDWLYH LPSDFWIRUKHDOWK\RIFRRSHUDWLYHDQGIRUWKHVXVWDLQDLEOHGHYHORSPHQWLQ KDYLQJSURVSHURXVWR PHPEHU 7KLV UHVHDUFK LV XVHG VRFLDO OHJDO DSSURDFK 7KLV DQD\OLVLV RI UHVHDUFK LV JLYLQJ FRQWULEXWLRQ LQ UHÀ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À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

'DODP SHUVSHNWLI \XULGLV .RSHUDVL

PHPLOLNL ODQGDVDQ LGHDO \DNQL 3DQFDVLOD ODQGDVDQ NRQVWLWXVLRQDO EHUVXPEHU 88' G D Q O D Q G D V D Q R S H U D V L R Q D O 8 8 3HUNRSHUDVLDQ3DVDOD\DW88' WHJDV GLQ\DWDNDQ EDKZD ³3HUHNRQRPLDQ GLVXVXQVHEDJDLXVDKDEHUVDPDEHUGDVDUNDQ D W D V D V D V N H N H O X D U J D D Q´ % H Q W X N S H U H N R Q R P L D Q E H U D V D V N H N H O X D UJ D D Q GLVDULNDQ GDODP ZDGDK NRSHUDVL \DQJ E H U N H G X G X N D Q V H E D J D L ³ V R N R J X U X SHUHNRQRPLDQQDVLRQDO´GDQPHQMDGLEDJLDQ

\DQJ WLGDN WHUSLVDKNDQGDODP VLVWHP

S H U H N R Q R P L D Q Q D V L R Q D O / D Q G D V D Q RSHUDVLRQDO .RSHUDVL DGDODK 88 1R 7DKXQ 88 1R 7DKXQ WHODK GLXEDK GHQJDQ 88 1R 7DKXQ QDPXQ NDUHQD 88 1R 7DKXQ

3HQHOLWLDQ+LEDK%HUVDLQJGHQJDQ6XPEHU3HQGDQDDQ+LEDK%HUVDLQJ'LNWL7DKXQ7DKXQNH

GLSDQGDQJPHPLOLNLNHOHPDKDQ\DQJEHUVLIDW SULQVLSLO 88 WHUVHEXW GLEDWDONDQ PHODOXL MXGLFLDO UHYLHZ ROHK 0DKNDPDK .RQVWLWXVL 0. PHODOXL SXWXVDQ 0. 1R 388 ;, GDQ 3XWXVDQ 0. 1R 388 ;, 88 1R 7DKXQ WHQWDQJ 3HUNRSHUDVLDQ EHUODNX XQWXN VHPHQWDUD ZDNWX VDPSDL WHUEHQWXNQ\D XQGDQJXQGDQJ \DQJEDUX

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

NHOROD.RSHUDVL\DQJEDLNJRRGFRRSHUDWLYH

J R Y H U Q D Q F H D J D U . R S H U D V L G D S D W PHPHUDQNDQDPDQDWQ\D

.HUDQJND7HRUL

.RQVHSFRRSHUDWLYH JRYHUQDQFH

VHMDWLQ\D DGDODK EDJLDQ GDULFRUSRUDWH

JRYHUQDQFH GHQJDQ NDUDNWHULVWLN NKXVXV NRSHUDVL VHEDJDL OHPEDJD HNRQRPL \DQJ EHUZDWDN VRVLDO 6HNDOLSXQ KDUXV GLDNXL

EDKZD WHUPDJRYHUQDQFH SDGD PXODQ\D

GLNDLWNDQ GHQJDQJRYHUQPHQW GDODP UDQJND P H Q F L S W D N D Q W D W D F D U D S H Q J H O R O D D Q SHPHULQWDK\DQJEDLN(IIHQGLQDPXQ

GDODP SHUNHPEDQJDQQ\D NDMLDQFRUSRUDWH

JRYHUQDQFH EHUNHPEDQJ MDXK OHELK SHVDW %DQ\DN SHPLNLU \DQJ PHQJHPEDQJNDQ NRQVHS WDWDNHOROD SHUXVDKDDQ 3HU /HNYDOO

GDODP EXNXQ\D7KH 1RUGLF &RUSRUDWH

*RYHUQDQFH 0RGHOPHQ\DWDNDQ %\ F R U S R U D W H J R Y H U Q D Q F H Z H P H D Q W K H IUDPHZRUN WKURXJK ZKLFK D FRPSDQ\ LV JRYHUQHGLQRUGHUWRHQVXUHWKDWWKHFRPSDQ\ LV UXQ LQ WKH EHVW LQWHUHVW RI LWV RZQHUV /HNYDOO

* U H J 6 K D L O H U P H Q J H P X N D N D Q &RUSRUDWH JRYHUQDQFHEURDGO\ UHIHUV WR WKH

PHFKDQLVPV SURFHVVHV DQG UHODWLRQV E\ ZKLFK FRUSRUDWLRQV DUH FRQWUROOHG DQG GLUHFWHG6KDLOHU &HQWHUIRU(XURSHDQ 3ROLF\6WXG\&(36PHQJNRQVHSNDQJRRG FRUSRUDWH JRYHUQDQFH VHEDJDL NHVHOXUXKDQ SHUDQJNDW \DQJ GLEHQWXN PXODL GDUL KDN ULJKW SURVHV GDQ SHQJHQGDOLDQ EDLN \DQJ DGD GL GDODP PDXSXQ GL OXDU PDQDMHPHQ 6XWHGL'HQJDQFDWDWDQEDKZDKDNGL VLQLDGDODKKDNGDULVHOXUXKVWDNHKROGHUVGDQ EXNDQ KDQ\D WHUEDWDV SDGD VDWXVWDNHKROGHU VDMD

.DUDNWHULVWLNNKXVXV\DQJPHPEHGDNDQ .RSHUDVLGHQJDQEHQWXNXVDKD\DQJODLQDGD SDGD PRWLYDVL \DQJ PHQJLNDW DQJJRWD \DQJ EHUJDEXQJ GDODP .RSHUDVL 50 0DUJRQR ' M R M R K D G L N R H V R H P R P H Q J N R Q V W D W D V L .RSHUDVL VHEDJDL SHUNXPSXODQ RUDQJ VHRUDQJ\DQJGHQJDQVXNDQ\DVHQGLULKHQGDN EHNHUMDVDPDXQWXNPHPDMXNDQHNRQRPLQ\D

0RKDPDG +DWWD GDODP EXNXQ\D7KH

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

+DVLO3HQHOLWLDQ7HUGDKXOX

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

%HUWLWLN WRODN GDUL SHUVRDODQ WHUVHEXW \DQJ PHQMDGL LVX SHQHOLWLDQ LQL DGDODK

EDJDLPDQD PRGHOWDWDNHORODNRSHUDVL\DQJ EDLNGLDGDSWDVLGDODPUXDQJOLQJNXSNHJLDWDQ NRSHUDVL GL 6DODWLJD" 7XMXDQ SHQHOLWLDQ LQL DGDODKXQWXNPHQJHODERUVLPRGHOWDWDNHOROD NRSHUDVL \DQJ EDLN GDODP OLQJNXS NHJLDWDQ NRSHUDVLNKXVXVQ\DGL6DODWLJD

0HWRGH3HQHOLWLDQ

3 H Q H O L W L D Q L Q L D G D O D K S H Q H O L W L D Q NXDOLWDWLI GHQJDQ EHUSHQGHNDWDQ VRFLROHJDO ,EUDKLP 7LSH SHQHOLWLDQ \DQJ GLJXQDNDQ DGDODK SHQHOLWLDQ HNVSORUDWLI

G H Q J D Q W X M X D Q X Q W X N

PHQHPXNDQPHPSHUROHK IDNWDIDFW ¿QGLQJ

6 R H N D Q W R 7 H U N D L W G H Q J D Q SUREOHPDWLNDSHQDWDNHORODDQNRSHUDVLGDODP PHQJDGDSWDVL PRGHO WDWD NHOROD XQWXN PHPEDQJXQ WDWD NHOROD NRSHUDVL \DQJ EDLN 'DWDSULPHUGLJDOLGHQJDQPHODNXNDQLQGHSWK LQWHUYLHZ WHUKDGDS SHQJXUXV NRSHUDVL SHQJHOROD NRSHUDVL SHQJDZDV NRSHUDVL GDQ DQJJRWD NRSHUDVL VHUWD GLQDV NRSHUDVL 6DODWLJD GDQ GLRODK GDODP PHWRGH DQDOLVLV GDWDNXDOLWDWLI

%+DVLOGDQ3HPEDKDVDQ

3HQHOLWLDQ LQL PHQJNDML .RSHUDVL \DQJDGDGDQEHURSHUDVLGL6DODWLJD'DUL WLJDEHODV.RSHUDVL\DQJGLWHOLWLGLSHUROHK GDWD EDKZD VHPXD .RSHUDVL WHODK PHPLOLNL VWDWXVVHEDJDL%DGDQ+XNXP%+.RSHUDVL VHEDJDLEDGDQ KXNXP PHPLOLNL LPSOLNDVL EDKZD.RSHUDVLPHUXSDNDQ VXEMHNKXNXP ,QLEHUDUWL.RSHUDVLPHQMDGLSHQGXNXQJKDN GDQNHZDMLEDQGDSDWPHPLOLNLNHND\DDQGDQ GDSDW PHPLOLNL NHZDMLEDQ VHUWD GDSDW PHQXQWXW GDQ GLWXQWXW .RSHUDVL PHPLOLNL NDUDNWHU VHEDJDL EDGDQ KXNXP EXDWDQ DUWL¿FLDOOHJDOHQWLW\\DQJPHPLOLNLSHUDQ SHQWLQJ GDODP NHJLDWDQ SHUHNRQRPLDQ \DQJ XWDPD GDQ VHMDODQ GHQJDQ SHUNHPEDQJDQ NRSHUDVL.HGXGXNDQNRSHUDVLVHEDJDLVXEMHN KXNXP PHPLOLNL GLPHQVL SHQWLQJ \DNQL PDVDODKUHFKWVEHNZDDP NHFDNDSDQ VHFDUD

KXNXPUHFKWVEHYRHJGNHFDNDSDQ VHFDUD

KXNXP %XGL\RQR 2UDQJ \DQJ PHPLOLNL NHFDNDSDQ YDOLG LQ ODZ WLGDN VHFDUD RWRPDWLV PHPLOLNL NRPSHWHQVL FRPSHWHQFH LQ ODZ .RPSHWHQVL EHUNDLWDQ GHQJDQSHUZHQDQJDQXQWXNPHODNXNDQVXDWX SHUEXDWDQ KXNXP 3HUPDVDODKDQ NHFDNDSDQ GDQNHZHQDQJDQPHPLOLNLLPSOLNDVLSDGDVDK

WLGDNQ\D VXDWX SHUEXDWDQ KXNXP \DQJ GLODNXNDQQ\D

,PSOLNDVL GDUL VWDWXV LQL DGDODK EDKZD .RSHUDVL PHUXSDNDQ VXEMHN KXNXP \DLWX .RSHUDVL VHEDJDL SHQGXNXQJ KDN GDQ NHZDMLEDQ .RSHUDVL GDSDW PHPLOLNL KDN NHND\DDQGDSDWPHPLOLNLNHZDMLEDQGDSDW PHQXQWXW GDQ GDSDW GLWXQWXW 'HQJDQ VWDWXVQ\D VHEDJDL VXEMHN KXNXP EHUODNX GRNWULQ NHWHUSLVDKDQ VHSDUDWLRQ GRFWULQH 'HQJDQGRNWULQLQLVHMDWLQ\DDQWDUD.RSHUDVL GHQJDQDQJJRWDQ\DPHUXSDNDQVXEMHNKXNXP \DQJ WHUSLVDK $UWLQ\D .RSHUDVL DGDODK VXEMHN KXNXP VHPHQWDUD DQJJRWD DGDODK VXEMHNKXNXPMXJD

6 H P H Q W D U D U D W D U D W D G D X U K L G X S . R S H U D V L D G D O D K W D K X Q 8 P X U S H U X V D K D D Q D G D O D K O D P D Q \ D V H E X D K SHUXVDKDDQ EHUGLUL EHUNHPEDQJ GDQ EHUWDKDQ 8VLD SHUXVDKDDQ VHMDWLQ\D EHUNRUHODVL GHQJDQ WLQJNDW NHWDKDQDQ GDQ NHSHUFD\DDQNRQVXPHQWHUKDGDSSHUXVDKDDQ ³8PXU 3HUXVDKDDQ 'H¿QLVL GDQ $QDOLV 6HODPD WDKXQ´ QG 6HEXDK SHUXVDKDDQ GDSDWGLNDWDNDQVXNVHVDSDELODWHODKPHOHZDWL WDKXQSHUXVDKDDQWHUVHEXWWHWDSEHUGLUL DWDX EDKNDQ WHUXV EHUNHPEDQJ VHUWD PHQJDODPL NHPDMXDQ \DQJ VLJQL¿NDQ 'HQJDQ PHOLKDW LQGLNDWRU LQL VHMDWLQ\D .RSHUDVL GDSDW GLNDWHJRULNDQ VHEDJDL SHUXVDKDDQ \DQJ VXNVHV GDSDW EHUWDKDQ PHODPSRLPDVDNULWLV\DLWXWDKXQ

6HNDOLSXQ GHPLNLDQ UDWDUDWD GDXU KLGXS .RSHUDVL WHUVHEXW VHEHQDUQ\D MDXK GL EDZDKGDXUKLGXS.RSHUDVL\DQJGLWHWDSNDQ GDODP$QJJDUDQ'DVDU$'\DLWX.RSHUDVL GLGLULNDQXQWXNMDQJNDZDNWXWXMXKSXOXK OLPDWDKXQGDQVHWHODKLWXGDSDWGLSHUSDQMDQJ ODJL 'HQJDQ GHPLNLDQ UDWDUDWD XVLD .RSHUDVLWHUVHEXWPDVLKMDXKGLEDZDKGDXU KLGXS JHORPEDQJ SHUWDPD 6HFDUD HPSLULV KDQ\D DGD GXD .RSHUDVL \DQJ PHPLOLNL XVLDGLDWDVWDKXQ\DLWX.RSHUDVL-D\D(ND 6DNWL GDQ .RSHUDVL 'D\D 0DQXQJJDO 'DPDWH[7LPDWH[

'DUL WLJD EHODV .RSHUDVL \DQJ GLWHOLWLGLSHUROHKGDWDEDKZDVHPXD.RSHUDVL WHODKPHPLOLNL$'$QJJDUDQ'DVDU.RSHUDVL DGDODK DWXUDQ GDVDU WHUWXOLV \DQJ PHPXDW NHWHUDQJDQ VHEDJDLPDQD GLPDNVXG GDODP 3DVDO 88 1R 7DKXQ WHQWDQJ 3HUNRSHUDVLDQ $QJJDUDQ 'DVDU .RSHUDVL

P H P X D W N H W H Q W X D Q N H W H Q W X D Q S R N R N PHQJHQDLWDWDODNVDQDRUJDQLVDVLFDUDNHUMD NHJLDWDQ XVDKD NHZDMLEDQNHZDMLEDQ UHVLNR \DQJ KDUXV GLWDQJJXQJ GDQ NHDGDDQ DSDELOD W H U M D G L V H V X D W X \ D Q J P H Q \ H E D E N D Q EHUKHQWLQ\DRUJDQLVDVL.RSHUDVL

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

'DODP VLVWHP KXNXP ,QGRQHVLD RUJDQ \DQJ GDSDW PHQMDODQNDQ IXQJVL XQWXN PHODNXNDQ SHUEXDWDQ KXNXP DWDV NRSHUDVL DGDODK3HQJXUXV3HQJXUXVNRSHUDVL DGDODK RUDQJRUDQJ\DQJEHUWDQJJXQJMDZDSGDODP SHQJHORODDQ NRSHUDVL )XQJVL GDVDU GDUL 3HQJXUXV .RSHUDVL DGDODK PHQMDODQNDQ NHJLDWDQXVDKD.RSHUDVLXQWXNPHZXMXGNDQ PDNVXG GDQ WXMXDQ .RSHUDVL VHEDJDLPDQD GLUXPXVNDQ GDODP $' .RSHUDVL GDQ PHZDNLOL.RSHUDVLEDLNGLGHSDQPDXSXQGL OXDUSHQJDGLODQ.HGXDIXQJVLWHUVHEXWELDVD GLUXPXVNDQ VHEDJDL WXJDV SHQJXUXVDQ GDQ

WXJDV UHSUHVHQWDVL 3HQJXUXV NRSHUDVL WHUGLULGDUL.HWXDGDQZDNLONHWXD6HNUHWDULV GDQ ZDNLOQ\D VHUWD EHQGDKDUD NRSHUDVL GDQ ZDNLOQ\D-XPODKQ\DWLGDNKDUXVWHUJDQWXQJ EHVDU NHFLOQ\D NRSHUDVL \DQJ GLPLOLNL 3HQJXUXV.RSHUDVLMXPODKQ\DEHUNLVDUDQWDUD RUDQJGDQGLDZDVLROHK3HQJDZDV

$ G D S X Q Y L V L G D Q P L V L N R S H U D V L V H E D J D L P D Q D K D V L O S H Q H O L W L D Q G D S D W GLNHPXNDNDQEDKZDKDPSLUVHPXD.RSHUDVL \DQJ GLWHOLWL PHPLOLNL YLVL PLVL GDQ PRWR VHEDJDL FHUPLQDQ GDUL EXGD\D SHUXVDKDDQ 1DPXQ WLGDN VHPXD .RSHUDVL PHPLOLNLQ\D VHFDUDOHQJNDS9LVLGDQPLVLVHMDWLQ\DDGDODK

SHGRPDQJXLGDQFH\DQJPHPEHULNDQDUDK

EDJDLPDQD .RSHUDVL KDUXV GLNHPEDQJNDQ 2OHK VHEDE LWX YLVL GDQ PLVL .RSHUDVL PHPLOLNLSHUDQ\DQJVDQJDWSHQWLQJ1DPXQ GHPLNLDQ GDUL GDWD SHQHOLWLDQ GLWHPXNDQ .RSHUDVL \DQJ LGDN PHPLOLNL YLVL GDQ PLVL DWDX VHWLGDNWLGDNQ\D YLVL GDQ PLVL WLGDN GLUXPXVNDQVHFDUDWHJDV6HODLQYLVLGDQPLVL VHEDJLDQ EHVDU .RSHUDVL PHPLOLNL PRWR VHEDJDL VORJDQ XVDKD 3HPEXDWDQ VORJDQ EHUWXMXDQ XQWXN PHPXGDKNDQ PHQJLQJDW VHWLDS EHQWXN HNVSUHVL GDUL VHEXDK LGH DWDX YLVLPLVL

.RSHUDVL MXJD PHPLOLNL WDUJHW XVDKD 'DODPPHPHWDNDQWDUJHWDGD.RSHUDVL\DQJ PHUXPXVNDQ VHFDUD XPXP WHWDSL DGD SXOD .RSHUDVL\DQJPHPEDJLGDQPHQJJRORQJNDQ W D UJ H W N H G D O D P E H U E D J D L N O D V L ¿ N D V L 0 L V D O Q \ D . R S H U D V L $ U W K D 0 X O L D PHQJHORPSRNNDQ WDUJHW NH GDODP WDUJHW MDQJND SHQGHN GDQ WDUJHW MDQJND SDQMDQJ .RSHUDVL (ND 3HUVDGD PHPLODK PHQMDGL WDUJHW VLPSDQDQ GDQ WDUJHW SLQMDPDQ .RSHUDVL\DQJPHPLODKWDUJHWOHELKWHUSHULQFL GDSDW GLWHPXNDQ SDGD .RSHUDVL (ND -D\D 6DNWL\DLWXWDUJHWRUJDQLVDVLWDUJHW6'0GDQ WDUJHW NHXDQJDQ 6HPHQWDUD .RSHUDVL 0DQXQJJDO 'DPDWH[7LPDWH[ PHQWDUJHW SDGDDVSHNNHVHKDWDQ\DLWX6HKDWRUJDQLVDVL VHKDWPHQWDOGDQVHKDWXVDKD

'DODP PHQJHOROD NHJLDWDQ XVDKD 6WDQGDUW 2SHUDWLQJ 3URFHGXUH 623 PHQMDGL LQGLNDWRU \DQJ SHQWLQJ 623 VHODLQ PHQMDGLSHGRPDQNHUMDVDWXXQLWDWDXEDJLDQ MXJD PHQMDGL GDVDU EDJDLPDQD LQWHUDNVL D Q W D U R U J D Q E D J L D Q X Q L W V H K D U X V Q \ D GLODNVDQDNDQ 'DUL WLJD EHODV .RSHUDVL \DQJ GLWHOLWL KDQ\D WLJD .RSHUDVL \DQJ WHUNDWHJRUL PHPLOLNL 623 \DQJ OHQJNDS

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

UHODWLRQ5XOH SDGD XPXPQ\D GLGDVDUNDQ

SDGD NHWHUVHGLDDQ DWXUDQ KXNXP $' GDQ 6 2 3 6 H P H Q W D U D U R O H G D Q U H O D W L R Q GLSXPSXQNDQ SDGD 623 .HWHUVHGLDDQ 623

\DQJ OHQJNDS DNDQ PHPXGDKNDQUROH GDQ

SHUDQNDQGDQUXOHGLMDODQNDQ'DULLQGLNDWRU LQL VHEDJLDQ EHVDU .RSHUDVL EHOXP GDSDW GLNDWHJRULNDQ VHEDJDL .RSHUDVL \DQJ EHUWDWDNHOROD\DQJEDLN

'DODPPHQMDODQNDQXVDKDQ\D.RSHUDVL KDUXV PHPHQXKL VWDQGDU SHQJHORODDQ EHUGDVDUNDQ QRUPDNDLGDK \DQJ GLWHWDSNDQ GDODP SHUDWXUDQ SHUXQGDQJXQGDQJDQ DWDX GDODP $' .RSHUDVL 'HQJDQ NDWD ODLQ SHPHQXKDQ WXQWXWDQ QRUPDNDLGDK DGDODK VWDQGDU PLQLPXP \DQJ KDUXV GLSHQXKL ROHK SHQJHOROD.RSHUDVL 7DEHO .RPSLODVL$WXUDQ+XNXP3HGRPDQ 7DWDNHOROD-RE'HVFULSWLRQ %HVW3UDFWLFHV0RWWR .$+ .RPSLODVL$WXUDQ +XNXP 37/ 3HGRPDQ7DWDNHOROD -' -RE'LVFULSWLRQ %3 %HVW3UDFWLFHV 07 0RWRVHEDJDL %XGD\D3HUXVDKDDQ 1R

1DPD.RSHUDVL

.$+

37/ -' %3 07

.RSHUDVL$QXJHUDK.63

9

$UWKD0XOLD.63

Y

9 Y Y

0XOLD.63

Y

(ND3HUVDGD.63

9 Y Y

-D\D(ND6DNWL.63

Y

9 Y

0LWUD-D\D$EDGL.63

9 Y Y

7DELWD.63

9 Y

7DOHQWD.63

Y

9 9

%KLQHND8VDKD.68

9

3ULPNRSDO0DQXQJJDO 'DPDWH[7LPDWH[

Y

9 Y

0RGHUQ.68

9 Y

0XKDMLULQ.68

9 Y

:DKDQD3ULPD.68

9 9 Y

'DWD \DQJ GLSDSDUNDQ SDGD WDEHO WHUVHEXWGLDWDVPHQXQMXNNDQVXPEHUNDLGDK SULPHU\DLWXNRPSLODVLSHUDWXUDQSHUXQGDQJ XQGDQJDQ GDQ$' WLGDN WHUVHGLD GL NDQWRU .RSHUDVL'DULWLJDEHODV.RSHUDVLKDQ\D DGD HPSDW .RSHUDVL \DQJ PHQ\HGLDNDQ NRPSLODVL DWXUDQ KXNXP \DQJ GDSDW GLNXDOL¿NDVL UHODWLYH OHQJNDS 6LVDQ\D VHPELODQ .RSHUDVL WLGDN PHQ\HGLDNDQ 'HPLNLDQMXJDSHGRPDQWDWDNHOROD.RSHUDVL KDQ\D GLWHPXNDQ SDGD GXD .RSHUDVL V L V D Q \ D V H E H O D V . R S H U D V L W L G D N PHPLOLNLQ\D 3HGRPDQ WDWDNHOROD SDGD .RSHUDVL DGDODK XUDLDQ WXJDV GDQ PRWR VHEDJDL XUDLDQ VLQJNDW DWDV YLVL GDQ PLVL 6HODLQ LWX SUDNWHN SHQJHORODDQ SHUXVDKDDQ \DQJ EDLN EHVW SUDFWLFHV KDQ\D GLWHPXNDQ SDGDHPSDW.RSHUDVL

%HUWLWLN WRODN GDUL LQGLNDWRULQGLNDWRU WHUVHEXW EDKZD VHEDJLDQ EHVDU .RSHUDVL WLGDN PHOHQJNDSL NRPSLODVL DWXUDQ KXNXP SHGRPDQWDWDNHORODXVDKDGDQEHVWSUDFWLFHV QDPXQVHEDJLDQEHVDU.RSHUDVL\DQJGLWHOLWL PHPLOLNL XUDLDQ WXJDV GDQ PRWR VHEDJDL V O R J D Q X V D K D . R Q G L V L G H P L N L D Q PHQXQMXNNDQ EDKZD .RSHUDVL EHOXP GLNHORODVHEDJDLVXDWXRUJDQLVDVLXVDKD\DQJ EDLN 6HEDOLNQ\D .RSHUDVL PDVLK GLNHOROD VHEDJDLNHJLDWDQHNRQRPLGHQJDQLQGLNDWRU LQGLNDWRU\DQJNRQYHQVLRQDO

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

0DQXQJJDO 'DPDWH[7LPDWH[ GDQ .RSHUDVL 7DOHQWD .RSHUDVL 0DQXQJJDO 'DPDWH[ 7LPDWH[ PHPLOLNL PRGHO NRRUGLQDVL \DQJ EHUVLIDWUXWLQDQWDURUJDQ.RSHUDVLGDQDQWDU EDJLDQ GHQJDQ EDLN .RSHUDVL 7DOHQWD GLODNXNDQPHODOXLNRRUGLQDVLDQWDURUJDQLVDVL GDQ DQWDU SHUVRQLO GLODNXNDQ EHUGDVDUNDQ VWUXNWXU RUJDQLVDVL \DQJ DGD VHKLQJJD DOXU GDSDW EHUMDODQ GHQJDQ EDLN GDQ WLGDN VDODK DUDKGDODPWXJDVGDQWDQJJXQJMDZDE6HFDUD WHNQLVNRRUGLQDVLGLODNXNDQPHODOXLEHUEDJDL PHGLD NRPXQLNDVL GLDQWDUDQ\D 6HFDUD

ODQJVXQJ PHODOXLEULH¿QJPHHWLQJ GDQ

G L V N X V L G L V N X V L 7H O H S K R Q & K D W W L Q J ZKDWVDSS %%0 *URXS &KDW GLJXQDNDQ XQWXN NRRUGLQDVL GHQJDQ EHEHUDSD VWDI DWDX VHOXUXKVWDI(PDLOSHUVWDIGLJXQDNDQXQWXN GDWDGDQ¿OH

6HEDJLDQ EHVDU .RSHUDVL \DQJ GLWHOLWL .RSHUDVLPHQDIVLUNDQPRGHONRRUGLQDVL DQWDU RUJDQ GDQ DQWDU EDJLDQ GHQJDQ P H Q D I V L U N D Q S D G D X U D L D Q W X J D V M R E GHVFULSWLRQ\DQJGLPLOLNLQ\D7HQWXVDMDMLND LQL \DQJ WHUMDGL NHPXQJNLQDQ VDODK PHQDIVLUNDQ WHUKDGDS EDJDLPDQD LQWHUDNVL DQWDURUJDQGDQDQWDUEDJLDQGDSDWWHUMDGLGDQ SDGDXMXQJQ\DLQWHUDNVLDQWDURUJDQGDQDQWDU EDJLDQWLGDNGDSDWWHUODNVDQDGHQJDQEDLN

' D O D P P H P E D Q J X Q P R G H O SHQDWDNHORODDQ NRSHUDVL \DQJ EDLN GLNDML EDKZD NRSHUDVL MXJD PHQJLNXWL SULQVLS SULQVLS SHQJHORODDQ SHUXVDKDDQ SDGD XPXPQ\D KDQ\D VDMD SHQDWDNHORODDQ .RSHUDVL WLGDN FXNXS KDQ\D VHPDWDPDWD PHQJLNXWL SULQVLS SHQJHORODDQ SHUXVDKDDQ

\DQJ EDLN JRRG FRUSRUDWH JRYHUQDQFH

WHWDSL MXJD KDUXV PHQJHPEDQJNDQ PRGHO WDWDNHOROD \DQJ PDPSX PHQJDGRSVL VLIDW NHNKXVXVDQWHUVHEXWGDODPPRGHOWDWDNHOROD .RSHUDVL .HNKXVXVDQ .RSHUDVL VHMDWLQ\D \DQJ PHPEHU ZDUQD EDKZD WDWDNHOROD .RSHUDVLEHUEHGDGHQJDQWDWDNHORODEHQWXN XVDKD \DQJ ODLQ 3ULQVLS .RSHUDVL VHMDWLQ\D DGDODK LQGLNDWRU SHPEHGD .RSHUDVL GHQJDQ EHQWXN XVDKD \DQJ ODLQ 3ULQVLSSULQVS .RSHUDVLWHUVHEXWPHOLSXWL

.HDQJJRWDDQ.RSHUDVLEHUVLIDWWHUEXND

GDQVXNDUHOD

3HQJHORODDQ .RSHUDVL GLODNXNDQ ROHK

RUJDQ .RSHUDVL 5DSDW $QJJRWD SHQJXUXV GDQ SHQJDZDV VHFDUD

GHPRNUDWLV

3ULQVLS SHPEDJLDQ VXUSOXV KDVLO XVDKD

G L W H Q W X N D Q E H U G D V D U N D Q M D V D SHQJHPEDQJDQ.RSHUDVL

.HPDQGLULDQ.RSHUDVLGLLQGLNDWRULROHK

.RSHUDVL PHUXSDNDQ EDGDQ XVDKD VZDGD\D\DQJRWRQRPGDQLQGHSHQGHQ

.RSHUDVL PHOD\DQL DQJJRWD VHFDUD

SULPD GDQ PHPSHUNXDW JHUDNDQ .RSHUDVLGHQJDQEHNHUMDVDPDPHODOXL MDULQJDQ NHJLDWDQ SDGD WLQJNDW ORNDO QDVLRQDOGDQ,QWHUQDVLRQDO

3HQGLGLNDQ.RSHUDVLGDQ

.RSHUDVL EHNHUMD XQWXN SHPEDQJXQDQ

EHUNHODQMXWDQ EDJL OLQJNXQJDQ GDQ PDV\DUDNDWQ\D

%HUWLWLN WRODN GDUL SULQVLS SHQJHORODDQ SHUXVDKDDQGDQNDUDNWHULVWLNNKXVXVNRSHUDVL \DQJ WHUFHUPLQ GDODP SULQVLS GDQ D]DV .RSHUDVL WHUVHEXW GDSDW GLEXDW PRGHO WDWD NHOROD.RSHUDVL7DWDNHOROD.RSHUDVLDGDODK NHUDQJND NHUMD IUDPHZRUN GDODP EHQWXN

SHUDQ UROH DWXUDQ UXOH GDQ SROD

NHWHUKXEXQJDQ UHODWLRQVKLS GDUL RUJDQ RUJDQ .RSHUDVL EHVHUWD GHQJDQ WXUXQDQQ\D GDODP PHQJDUDKNDQ GDQ PHQJHQGDOLNDQ XVDKDXQWXNPHZXMXGNDQPDNVXGGDQWXMXDQ .RSHUDVL7DWDNHOROD.RSHUDVLPHPLOLNLGDVDU LGLLO 3DQFDVLOD GHQJDQYDOXHV NHJRWRQJ U R \ R Q J D Q Q \ D 6 H P H Q W D U D G D V D U NRQVWLWXVLRQDOQ\D DGDODK 88' NKXVXVQ\D3DVDOD\DW\DQJPHOHWDNNDQ SULQVLSSHUHNRQRPLDQGLVXVXQVHEDJDLXVDKD EHUVDPDEHUGDVDUNDQDWDVD]DVNHNHOXDUJDDQ 'L DWDV GDVDU LGHDO GDQ GDVDU NRQVWLWXVLRQDO GLVXVXQ SULQVLS DWDX D]DV .RSHUDVL \DQJ VHMDWLQ\DEHUVLIDWPHWDMXULGLV

3 U L Q V L S G D Q D ] D V . R S H U D V L D N D Q PHQDXQJLSHUDWXUDQKXNXPSRVLWLIVHEDJDL NDHGDK DWDX QRUPD VHEDJDL GDVDU OHJDOLWDV .RSHUDVL YLVL GDQ PLVL VHUWD VDVDUDQ

.RSHUDVL SHGRPDQJRRG FRRSHUDWLYH

JRYHUQDQFH GDQEHVW SUDFWLFHV SHQJHORODDQ

NRSHUDVL*RRG FRRSHUDWLYH JRYHUQDQFH

PHPLOLNL OLPD SXPSXQDQ \DQJ ELDVD GLVLQJNDWVHEDJDL7$5,)\DLWXWUDQVSDUHQF\ N H W H U D Z D Q J D Q D F F R X Q W D E L O L W \ D N X Q W D E L O L W D V U H V S R Q V L E L O L W \

SHUWDQJJXQJMDZDEDQLQGHSHQGHQF\

LQGHSHQGHQVL GDQ IDLUQHVV NHZDMDUDQ $QWDUD*RRG &RUSRUDWH *RYHUQDQFH GDQ

*RRG &RRSHUDWLYH *RYHUQDQFH VHMDWLQ\D EHUGLULDWDVSULQVLS\DQJVDPD\DLWX7$5,) +DQ\D VDMD GDODP LPSOHPHQWDVLQ\D DNDQ EHUEHGD NDUHQD SDGD .RSHUDVL KDUXV GLDGDSWDVLNDQGHQJDQSULQVLS.RSHUDVL

/HNYDOOEHUSHQGDSDWEDKZD³$FRUSRUDWH

JRYHUQDQFH PRGHO LV KRZ WKLV IUDPHZRUN LV VHW XS IRU D FHUWDLQ W\SH RI FRPSDQ\ HJ D OLVWHG FRPSDQ\ RU D JHRJUDSKLFDO UHJLRQ *RRG &RRSHUDWLYH *RYHUQDQFH &RGH VHMDWLQ\D DGDODK DGDODK NRGH HWLN \DQJ PHPLOLNLWLJDSXPSXQDQ\DLWX

6WDWXWRU\ UHJXODWLRQ LQ WKH IRUP RI FRRSHUDWLYH ODZ DQG RWKHU PDQGDWRU\ UXOHV LVVXHG E\ WKH JRYHUQPHQW RU RI¿FLDODXWKRULWLHV

6HOIUHJXODWLRQGH¿QHGDQGHQIRUFHGE\ WKHFRRSHUDWLYHVHFWRULWVHOI

,QIRUPDO QRUPV DQG SUDFWLFHV WKDW LQÀXHQFH KRZ FRRSHUDWLYH JRYHUQDQFH LV FDUULHG RXW LQ SUDFWLFH /HNYDOO

'HQJDQ GHPLNLDQIUDPHZRUN JRRG

FRRSHUDWLYH JRYHUQDQFH VHMDWLQ\D EHUVLIDW E H \ R Q G O D Z V P H O D P S D X L S H U D W X U D Q SHUXQGDQJXQGDQJDQ VHEDE SHQJHORODDQ .RSHUDVL WLGDN FXNXS KDQ\D VHEDWDV PHPHQXKL SHUDWXUDQ SHUXQGDQJXQGDQJDQ VHPDWDWHWDSLMXJDKDUXVPHPHQXKLSULQVLS SULQVLSSHQDWDNHORODDQNHJLDWDQXVDKD\DQJ EDLN VHEDJDL KDVLO GDUL NULVWDOLVDVL SUDNVLV ELVQLVPHPHQXKLHWLNDELVQLVGDQPHQMDEDU SDGDSULQVLSGDQD]DV.RSHUDVL

%DQJXQDQ WDWD NHOROD NRSHUDVL \DQJ EDLN DGDODK EDJLDQ .XOWXU NRSHUDVL \DQJ PHPLOLNL RULHQWDVL SDGD SHUZXMXGDQ NHVHMDKWHUDDQ DQQJJRWD .XOWXU NRSHUDVL GLMLZDLROHK3DQFDVLODGDQ3DVDO88'15, 7DKXQ VHEDJDL ODQGDVDQ ¿ORVR¿V GDQ NRQVWLWXVLRQDO 'HULYDVL GDUL .RSHUDVL VHEDJDL SHUHNRQRPLDQ \DQJ EHUEDVLV DVDV NHNHOXDUJDDQDNDQPXQFXOGLGDODPUHJXODVL \DQJ DGD SDGD ODSLVDQ EHULNXWQ\D VHSHUWL 3 H G R P D Q 8 P X P * R R G & R U S R U D W H *RYHUQDQFHKXNXPSRVLWLIGDODPKDOLQL88 3HUNRSHUDVLDQ 9LVL 0LVL GDQ VDVDUDQ NRSHUDVLFRRSHUDWLYHEHVWSUDFWLFHV

/DSLVDQ\DQJOHELKDNWXDODGDODKSDGD SHQXDQJDQ WDWD NHOROD NRSHUDVL \DQJ EDLN

\DQJWHUFHUPLQGDODPUROHUXOHGDQUHODWLRQ

RIFRRSHUDWLYHSDGDMREGHVFULSWLRQDQJJDUDQ

GDVDU VWDQGDUG RSHUDWLQJ SURFHGXUH RI

FRRSHUDWLYH\DQJ KDUXV GLLPSOHPHQWDVLNDQ

GDODP OLQJNXS NHJLDWDQ NRSHUDVL -RE

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

SHUDWXUDQUHJXODWRU\ GULYHQ³PHPDNVD´

SHUXVDKDDQ XQWXN SDWXK WHUKDGDS SHUDWXUDQ SHUXQGDQJXQGDQJDQ \DQJ EHUODNX .HGXD SHQGHNDWDQ LQL PHPLOLNL NHNXDWDQ GDQ N H O H P D K D Q Q \ D P D V L Q J P D V L Q J G D Q VH\RJ\DQ\D VDOLQJ PHOHQJNDSL XQWXN PHQFLSWDNDQOLQJNXQJDQELVQLV\DQJVHKDW

'DODP NRQVHS WDWD NHOROD WHUNDQGXQJ

PDNQDSHQJHQGDOLDQFRQWUROGDQPHQJDWXU

UHJXODWH VHEDJDL VXDWX SURVHV 7DWD NHOROD NRSHUDVL WDN OHSDV GDUL VXDWX NHVDWXDQ \DQJ PHQFDNXSVXEVWDQVLVWUXNWXUPDXSXQNXOWXU K X N X P N R S H U D V L G D Q N H O H Q J N D S D Q LQVWLWXVLRQDOODLQQ\DEHUXSDPHNDQLVPH\DQJ GLGDVDUNDQ SDGD NRQVHS SHQJHQGDOLDQ NRSHUDVLGDQVLVWHPDNXQWDELOLWDVGDULSLKDN \DQJPHPHJDQJNHQGDOLGDODPKDOLQLDGDODK SHQJXUXV .RQVHS WDWD NHOROD NRSHUDVL \DQJ EDLN PHPLOLNL SLODU \DQJ ELDVD GLVLQJNDW

P H Q M D G L D N U R Q L P 7$ 5 , ) \ D N Q L D 7UDQVSDUHQF\ E $FFRXQWDELOLW\ F 5HVSRQVLELOLW\G,QGHSHQGHQF\GDQ H )DLUQHVV

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

.RSHUDVLPHPLOLNLSHGRPDQ%HVW3UDFWLFHV

M .RSHUDVL PHPLOLNL 623 0HPLOLNL 623 GDQ 620 .RSHUDVL \DQJ GLNHOXDUNDQ ROHK 'HSDUWHPHQ.RSHUDVL\DQJGLEHULNDQPHODOXL 'LQDVNRSHUDVLN.RSHUDVLPHPLOLNL0RWWR VHEDJDL EXGD\D SHUXVDKDDQ O .RSHUDVL PHPLOLNL WHQDJD NHUMD \DQJ GLJDML VHSHQXK ZDNWX SDGD .RSHUDVL P .RRUGLQDVL DQWDU 2UJDQ .RSHUDVL 5DSDW $QJJRWD 3HQJXUXV GDQ 3HQJDZDV EHUMDODQ VDQJDW EDLN GDQ VLQHUJLWDV WHUMDJD XQWXN NHPDMXDQ NRSHUDVL \DQJ EHUPXDUD NHSDGD NHVHMDKWHUDDQ DQJJRWD

'HQJDQ PHQJDFX SDGD KDVLO SHQHOLWLDQ WHUKDGDSWLJDEHODV.RSHUDVLGL6DODWLJD PDNDGDSDWGLNHPXNDNDQWLGDNEHOXPVHPXD WXQWXWDQ PLQLPDO LQGLNDWRU SHQDWDNHORODDQ .RSHUDVL WHODK GLSHQXKL GHQJDQ EDLN 3HQJHORODDQ .RSHUDVL GL 6DODWLJD PDVLK GLGRPLQDVL GHQJDQ PRGHO SHQJHORODDQ .RSHUDVL \DQJ NRQYHQVLRQDO 3HQJHORODDQ .RSHUDVL LQL PDVLK GLGDVDUNDQ SDGD VWDQGDU GDQ LQGLNDWRU SHQJHORODDQ .RSHUDVL VDQJDW PHQGDVDU PLVDOQ\D NHWHUVHGLDDQ .RSHUDVL VHEDJDL EDGDQ KXNXP NHWHUVHGLDDQ 9LVL 0LVL0RWRGDQXUDLDQWXJDV,QGLNDWRU\DQJ WHUNDLWGDQPHQGXNXQJUROHUXOHGDQUHODWLRQ

EHOXP WHUVHGLD 6HPHQWDUD VHEDJLDQ EHVDU . R S H U D V L G L . R W D 6 D O D W L J D E H O X P PHQJJDPEDUNDQ PRGHO WDWDNHOROD .RSHUDVL \DQJ EDLN JRRGFRRSHUDWLYH JRYHUQDQFH VHEDJDLPDQD \DQJ WHUJDPEDU GDODP PRGHO WDWDNHORODNRSHUDVL\DQJEDLNVHEDJDLEHULNXW

*DPEDU0RGHO7DWDNHORODNRSHUDVL\DQJ%DLN &6LPSXODQ

7DWDNHORODNRSHUDVL\DQJEDLNEHUPXDUD SDGD HWLND GDQ DWXUDQ \DQJ KDUXV GLHPEDQ ROHKNRSHUDVL3HQXDQJDQWDWDNHORODNRSHUDVL \DQJ EDLN \DQJ WHUFHUPLQ GDODP UROHUXOH GDQ UHODWLRQ RI FRRSHUDWLYHSDGD MRE GHVFULSWLRQDQJJDUDQ GDVDUVWDQGDUG RSHUDWLQJ SURFHGXUH RI FRRSHUDWLYH\DQJ KDUXV GLLPSOHPHQWDVLNDQ GDODP OLQJNXS N H J L D W D Q N R S H U D V L . R S H U D V L G D S D W PHQJHPEDQJNDQ GLUL GHQJDQ EDLN GDODP UDQJNDPHZXMXGNDQPDNVXGGDQWXMXDQ\DQJ WHODK GLWHWDSNDQ DNDQ OHELK EDLN MLND PHQJDGRSVLPRGHOWDWDNHOROD.RSHUDVL\DQJ EDLN GHQJDQ SXPSXQDQ SDGD D /DQGDVDQ LGLDO NRQVWLWXVLRQDO GDQ RSHUDVLRQDO E 0 H P H Q X K L W X Q W X W D Q \ X U L G L V G H Q J D Q P H P H Q X K L V H P X D W X Q W X W D Q K X N X P QRUPDWLYH VHEDJDL VWDQGDUW PLQLPDO SHQJHORODDQ .RSHUDVL F 0HOHQJNDSL SHGRPDQ SHQJHORODDQ .RSHUDVL GHQJDQ SHGRPDQJRRGFRRSHUDWLYHJRYHUQDQFHYLVL P L V L V D V D U D Q W D U J H W . R S H U D V L G D Q

PHQJDGRSVLEHVW SUDFWLFHV G 0HQJHOROD

.RSHUDVLGHQJDQSULQVLSEH\RQGWKHODZ\DLWX &RRSHUDWLYH&XOWXUH ,PSOHPHQWDVL ,QWHUQDOLVDVLVRVLDOLVDVL +XPDQGLJQLW\¶VRI FRRSHUDWLYH PHPEHU -REGHV623$'.RSHUDVL 5ROH5XOHUHODWLRQ *RRG&RRSHUDWLYHJRYHUQDQFH &RGH 3HGRPDQ *&* +XNXP 3RVLWLI 9LVLPLVL VDVDUDQ &RRSHUDWLYH¶V EHVWSUDFWLFH 88'3DVDO 3DQFDVLOD

S H Q J H O R O D D Q . R S H U D V L W L G D N V H E D W D V PHPHQXKL WXQWXWDQ KXNXP WHWDSL OHELK GDUL

LWXGHQJDQPHPDVXNNDQLQGLFDWRUJRRGEDLN

GDODP SHQDWDWDNHORODDQ .RSHUDVL H 0HQ\HLPEDQJNDQUROHUXOH GDQUHODWLRQ DQWDURUJDQGDQEDJLDQXQLWGDODP.RSHUDVL

'$)7$53867$.$

%XGL\RQR 7 +XNXP 3HUXVDKDDQ 7HODDKWHUKDGDS881RWDKXQ WHQWDQJ 3HUVHURDQ 7HUEDWDV 6DODWLJD *UL\D0HGLD ( I I H Q G L 0 H P E D Q J X Q * R R G *RYHUQDQFH 7XJDV .LWD EHUVDPD 5 H W U L H Y H G $ S U L O I U R P Z Z Z V R ¿ D Q V W D I I X J P D F L G D U W L N H O P H P E D Q J X Q J R R G JRYHUQDQFHSGI +DVDQ $ (G .RSHUDVL GDODP 3DQGDQJDQ ,VODP 6XDWX 7LQMDXDQ GDUL 6HJL )DOVDIDK (WLN GDODP 0HPEDQJXQ 6LVWHP (NRQRPL 1DVLRQDO -DNDUWD 8, 3UHVV

,EUDKLP - 7HRUL 0HWRGRORJL 3HQHOLWLDQ +XNXP 1RUPDWLI 6XUDED\D % D \ X P H G L D 3 X E O L V K L Q J /HNYDOO 3 (G 7KH 1RUGLF & R U S R U D W H * R Y H U Q D Q F H 0 R G H O 6WRFNKROP616 )RUODJ0XQNQHU + &R2SHUDWLYH 3ULQFLSOHV DQG &R2SHUDWLYH /DZ 0HPEDQJXQ88.RSHUDVL%HUGDVDUNDQ 3ULQVLS3ULQVLS .RSHUDVL -DNDUWD 5 H N D ' H V D 6 K D L O H U * $ Q ,QWURGXFWLRQ WR &RUSRUDWH *RYHUQDQFH L Q $ X V W U D O L D 6 \ G Q H \ 3 H D U V R Q (GXFDWLRQ

$XVWUDOLD6RHNDQWR 6 3HQJDQWDU 3HQHOLWLDQ+XNXPUGHG-DNDUWD8, 3UHVV

6XGDUVRQR (GLOLXV .RSHUDVL 'DODP 7HRUL GDQ 3UDNWLN WK HG -DNDUWD5LQHND&LSWD

6 X W H G L $ * R R G & R U S R U D W H *RYHUQDQFH QG HG -DNDUWD 6LQDU *UD¿ND8PXU3HUXVDKDDQ'H¿QLVLGDQ $QDOLV6HODPDWDKXQQG5HWULHYHG IURPFLSXWUDXFHRQHWEORJ