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Rank Issue Explanation

1 E-Commerce Technology As explained above, e-commerce technology


affects new business models that grow in the
community. Given this technology, people's
consumption patterns are changing. Kalbe is
an industry engaged in the production of food
and beverages and retail began to adapt to e-
commerce technology to increase revenue.
This technology impacts sales channels that
previously still using conventional starting
from whole seller to end customer, now Kalbe
innovate and open e-commerce channel to sell
its products.

2 Bitcoin (Cryptocurrency) Cryptocurrency bitcoin now is becoming the


trend of investment, with a high enough profit
gained from investing in cryptocurrency, most
people shifting investment into this equity. In
the long run, bitcoin can change the
investment pattern, where investment in
cryptocurrency will be more attractive than
the real sector, this is a bad signal for
companies listed on the stock market, because
some of their capital derived from stock
ownership investment will decrease
3 North Korea Crisis The geopolitical tensions on the Korean
peninsula have a disastrous impact on the
surrounding countries, where if this tension
gets worse there will be indications of war.
The war that will occur will not only
adversely affect the war-ravaged country, but
will have an impact on the surrounding
country that borders directly with the warring
country. In a worsening condition, it will
affect the export-import business of Kalbe,
where the company is currently importing raw
materials from japanese country adjacent to
the disputing country. Besides, Kalbe
currently imports products to some east Asian
countries, in case of war in the area of the
Korean peninsula, import lines of finished
goods will be disrupted.

4 Trump’s Policy Conditions issued by the president of the United


States of America as Donald's trump to bring back
industries originating from the United States from
abroad causing some companies that cooperate
directly with American companies will lose
money. In addition, with this policy U.S dollar
exchange rate strengthened, this affects the
export-import transactions Kalbe business. The
impact of the strengthening U.S dollars is felt on
the proportion of the increased cost of finished
goods, due to the imported materials used in
Kalbe's finished products.
5 Saudi Arabia Crisis Tensions in Saudi Arabia caused world oil prices to
rise, affecting some businesses in Indonesia,
where the process is still dependent on oil and
natural gas. At Kalbe business the crisis that
occurred in saudi arabia has no impact. This crisis
has an impact on a subsidiary engaged in logistics.
The rise in world oil prices led to an increase in
operational costs.

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