• Information Systems Review
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• v.18 no.1
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• pp.177-197
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• 2016

Information technology (IT) outsourcing is considered an effective strategy to manage and maintain organizational technologies in a rapidly changing business environment. In particular, to meet diverse market needs, many organizations that outsource their IT functions practice a multi-vendor approach as their main outsourcing strategy. Although a few studies have been conducted about the multi-vendor approach, most previous works primarily emphasized conceptual arguments and normative prescriptions. In addition, scant attention has been directed toward the relational structure between the client and multiple vendors in the multi-vendor approach and its implications for outsourcing success. This study proposes a model from the transaction cost perspective by conceptualizing two dominant relational structures of the multi-vendor approach, namely, single-vendor dominant model and the multi-vendor dominant model, and hypothesizing their relationships with two outsourcing outcomes, project success and user satisfaction. The proposed model is examined using the data collected from 246 companies that have implemented multi-vendor outsourcing. As expected, results indicate that the single-vendor dominant model has a more significant impact on project success, whereas the multi-vendor dominant model has a more significant impact on user satisfaction. The study concludes with the theoretical implications and directions for future research.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.2D
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• pp.247-253
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• 2011

In 2009, the Korean international construction industry showed a great performance, totaling 49.1 billion of contract and then this achievement has been considered a key milestone presenting that the international construction industry is one of the primary export industries of Korea. However, because of the construction firms' equalized levels of technology and price competitiveness, the competition among bidders is becoming more intensive. Moreover, this changing market circumstance leads construction firms to apply for bidding with the lowest price that could not meet the expected profitability of a project. Therefore, to develop various strategies based on project characteristics becomes one of the critical capabilities that construction firms should possess. Based on these motives, this study is aimed to investigate associations among number of bidders, contract award rate, profitability on international projects. For the correlation analysis, a set of data is structured by collecting all projects ranging from 1993 to 2009, excluding projects funded by official development and domestic funds. The number of bidders were grouped depending on project characteristics such as market regions, project types, bidding types, and order organization types. As the result of correlation analysis, contract award rate increases as the number of bidders increase, but the relationship between the number of bidders and profitability is negative. Understanding the correlations among variables can be employed in developing strategies to improve construction firms' competitiveness in the international construction market.

• Korean Journal of Construction Engineering and Management
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• v.15 no.2
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• pp.104-111
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• 2014

Due to the structure of advanced installment sales of houses which is a construction industrial structure unique to Korea and the Project Financing (PF) project structure that includes construction companies' debt guarantee agreements, the changes in accounting methods resulting from the introduction of K-IFRSs are expected to act in a direction to deteriorate construction businesses' financial statements. Therefore, K-IFRSs are an important issue that can seriously affect the entire domestic construction industry and construction businesses are conceiving strategies to respond to the introduction of K-IFRSs. From this viewpoint, this study was intended to empirically analyze the effect of the introduction of K-IFRSs on construction businesses utilizing financial data applied with the K-IFRSs recently announced. In the analysis, the EDFs were calculated by business using the existing accounting standards GAAP and using K-IFRSs and the results were compared with each other. The results of the analysis indicated that most construction businesses were adversely affected by the introduction of K-IFRSs. It is also considered that businesses with relatively good financial statements under the existing accounting standards GAAP would be affected more by the introduction of K-IFRSs than other businesses. In addition, the introduction of K-IFRSs is expected to have larger effects on large construction businesses that have been providing debt guarantees for PF projects than on small or medium sized construction businesses.

• Korean Journal of Construction Engineering and Management
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• v.14 no.3
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• pp.3-11
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• 2013

The changes in construction business have impact on overall operation of construction companies. Poor business of construction companies following a s low industrial cycle could have broader implications and influences on the industry. Since a construction project involves various stakeholders including public organizations, financial institutions and households, a downturn in construction industry might lead to significant economic loss. In this regard, it is meaningful to examine the relationship between changes in construction business cycles and insolvency of construction companies. This study conducts an empirical analysis of the relationship between construction business cycles and how much they affect operation of construction companies. To this end, KMV model was used to estimate probability of bankruptcy, which represents business condition of a construction company. To examine construction business cycles, investment amount for different construction types-residential, non-residential, and construction work-was used as a variable. Based on the investment amount, VECM was applied and the analysis results suggested that construction companies should put priority on diversifying project portfolio. In addition, it was shown that once a construction company becomes unstable in business operation, it is hard to recover even when the market condition turns for the better. This suggests that, to improve business operation of a construction company, internal capacity-building is as important as the market condition and other external circumstances.

• Journal of the Korean Society for Environmental Technology
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• v.19 no.6
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• pp.586-599
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• 2018

To learn about the discharge facility management of industrial complexes and the discharge characteristics of water pollutants in drainage, 11 sites were selected, including 16 discharge companies of Hanam Industrial Complex and High-Tech Scientific Industrial Complex and 4 drainages of the industrial complexes. Through the analysis, it was found that 12(75 %) of the 16 discharge companies had specific hazardous substances other than those registered at the time of installation and registration of the wastewater discharge facilities. In terms of other pollutants, 11 of the 16 companies(about 69 %) were found to have pollution items that differed from those included in approved and reported items lists. In addition, Formaldehyde, Mn, Zn, and Ba were discharged from 11 out of the 16 companies. Significantly, one of the specific hazardous water pollutants, Cu, was detected in all discharge facilities at levels from 0.029 to 0.929 mg/L. Even in major complexes drainages and the main stream of the Yeongsangang. As, Dichloromethane, and Chloroform were detected. However, it cannot be conclusively claimed that it is probable that these substances were actually discharged from the above facilities because research was only done in a limited range(Class 1 to Class 3), and therefore, further research is required. In the future, it will be necessary to expand the research scope of the discharge companies in order to establish a database of water pollutants, and to improve permits and reported items based on discharged substances.

• Journal of Industrial Convergence
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• v.22 no.1
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• pp.33-40
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• 2024

This study was intended to examine the effect of service quality on service failure and loyalty, and a survey was conducted online and offline with a focus on those in their 20s and 30s in Busan region. Specific details were as follows: First, service quality was found to have a statistically significant effect on live commerce loyalty(Hypothesis 1), live commerce service failure(Hypothesis 2), service failure of companies using the live commerce platform(Hypothesis 3), and repurchase intention of companies using the live commerce platform(Hypothesis 4). Second, service failure of live commerce companies had a significant effect on service failure of companies using the live commerce platform(Hypothesis 5), but did not have a significant effect on live commerce loyalty(Hypothesis 6) and repurchase intention of companies using the live commerce platform(Hypothesis 7). The service failure of companies using the live commerce platform did not have a statistically significant effect on loyalty of live commerce companies(Hypothesis 8), but had a statistically significant effect on repurchase intention of companies using the live commerce platform(Hypothesis 9). Finally, the repurchase intention of companies using the live commerce platform was found to have a statistically significant effect on live commerce loyalty(Hypothesis 10).

• 프린팅코리아
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• s.55
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• pp.164-166
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• 2007

• 베이커리
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• no.10 s.327
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• pp.138-141
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• 1995

• 베이커리
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• no.11 s.316
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• pp.166-167
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• 1994

• 프린팅코리아
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• s.46
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• pp.108-111
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• 2006