• Title/Summary/Keyword: Business Conditions

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Cointegrated Relations between Foreign Ownership and Business Conditions in the Level of Korean Capital Market

  • Kim, Ju-Wan
    • The Korean Journal of Financial Management
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    • v.26 no.1
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    • pp.127-163
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    • 2009
  • This paper examines the results of survey that the foreign ownership is cointegrated with capital market conditions in Korea using Vector Error Correction Model (VECM) and how the mechanism of innovations and dynamics among the foreign ownership and capital market proxies in the VECM was described. Specifically, we find that the foreign ownership and capital market proxies follow I (1) process and there are cointegrated relations between the foreign ownership and capital market proxies. Adopting the impulse response function and variance decomposition in the VECM, we suggest, in turn, the default risk premia, liquidity of market and the rate of interest in long term business cycle take on a special function on the KSE and KOSDAQ. Finally, we also offer evidences of which there are differences of the mechanism of dynamics and innovations between on the KSE and on the KOSDAQ.

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Portfolio Management with the Business Cycle and Bayesian Learning (경기주기와 베이지안 학습(Bayesian learning) 기법을 고려한 개인의 자산관리 연구)

  • Park, Seyoung;Lee, Hyun-Tak;Rhee, Yuna;Jang, Bong-Gyu
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.2
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    • pp.49-66
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    • 2014
  • This paper studies optimal consumption and investment behaviors of an individual when risky asset returns and her income are affected by the business cycle. The investor considers the incomplete information risk of unobservable macroeconomic conditions and updates her belief of expected risky asset returns through Bayesian learning. We find that the optimal investment strategy, certainty equivalent wealth, and portfolio hedging demand significantly depend on the belief about the macroeconomic conditions.

A Study On Design And Pattern Development For The Uniform Of Female Middle-School Students (국내 여중생을 위한 교복 디자인 및 패턴 개발)

  • Han, Wooshin;Choi, Jeongwook
    • Journal of Fashion Business
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    • v.22 no.4
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    • pp.1-19
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    • 2018
  • Unlike other ready-made suits, which are normalized based on aspects like, designs, materials, sewing methods, has to be worn for three years, designing and pattern development of school uniform depends greatly on satisfaction and appearance. Furthermore, school uniform is of importance as many teenagers spend most of their time at school. In the present work, an attempt has been made to suggest ideal school uniform for female middle school students based on their actual uniform conditions and design preferences, so that the demands of artistic aspect, and the requirements of a suitable uniform for a female teenager can be fulfilled. Initially, a survey about the actual wearing condition was held to figure out the actual uniform conditions and design preferences. Based on the result of the survey, two types of school uniform were made with different patterns. Finally, the most ideal school uniform for female middle school students was suggested based on the experiment involving a few aspects such as suitability and functionality. It is conjectured that school uniform survey and investigation, could provide useful information to the school uniform business market.

Heating and Cooling Load according to the Climatic Conditions of Foreign Cities (해외 주요 도시의 기후특성에 따른 최대공조부하 요소별 분석)

  • An, Seung-Hyun;Kim, Jong-Ho;Lee, Jung-Hun;Lee, Sang-Yup;Song, Doo-Sam
    • Journal of the Korean Solar Energy Society
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    • v.34 no.5
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    • pp.81-87
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    • 2014
  • According to the domestic construction business will continue stagnant, many domestic construction companies are expanding their business into foreign countries. As results, building design guidelines including HVAC design for foreign countries considering the regional climate conditions are needed. Also, green building design strategies to minimize the heating and cooling load are key issue to win a contract in construction business in the world. In this study, peak heating and cooling loads were calculated for the representative cities in the world : Seoul, St. Petersburg, Singapore and Mecca. The analyzed building was a typical high-rise office building and the building envelope properties, indoor heat gain, residence and operating schedules were same in all cases. Only the weather conditions were different by cases.

A Study on the Informatization of the Enterprises and Enlarge Strategies of E-business -Focused on GangWon-Do, Chunchon Area- (기업정보화 실태 및 e-비즈니스 확산전략에 관한 연구 -강원.춘천권역을 중심으로-)

  • Eom, Kwang-Yeol;Kim, Chi-Ho
    • International Commerce and Information Review
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    • v.5 no.1
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    • pp.3-20
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    • 2003
  • IT evolution and the e-business has emerged as a new economic activity and beyond the time and space limitations. But the enterprises located in GangWon-Do area have been too inactive in their willingness and readiness to adopt e-business models and processes owing to the lack of the directions of e-business, the insufficient network infrastructures and capitals, etc. In this circumstance, as part of this research, this papers have conducted a survey on the e-business and information conditions and status among the enterprises located in GangWon-Do Chuncheon area. In conclusions, this study on the informatization of the enterprises and e-business enlarge strategies for building competition of local enterprises located in GangWon-Do Chuncheon area.

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Antecedents and Consequence of Key Account Management Success: a Review, Framework and Research Agenda

  • Ahmmed, Kawsar;Noor, Nor Azila Mohd.
    • Asia-Pacific Journal of Business
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    • v.4 no.1
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    • pp.15-24
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    • 2013
  • This paper traces the issue of key account management success which has regarded as a pressing concern of many companies' sales efforts at the organizational business-to-business context. Based on the extensive review of extant literatures, we introduced a theoretical framework that covers the antecedents and consequence of key account management success. We theorized the conditions under which organizational and relational factors influence the success of key account management approach. We endeavor to develop research propositions for each construct and provide necessary suggestions to isolate a platform for future empirical research. Beyond this span, an improved understanding from this framework will help developing policies for successful key account management approach.

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Appropriateness of Sleeping Bags in Summer (하절기(夏節期) 침낭(寢囊)의 적합성(適合性)에 관(關)한 연구(硏究))

  • Shim, Bu-Ja;Yoo, Hyun
    • Journal of Fashion Business
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    • v.4 no.3
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    • pp.1-13
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    • 2000
  • This research chose three kinds of sleeping bags with different fillings (A: interfill polyester, B: brushed polyester, C: down) and put them in two environmental conditions (Env. I : $25{\pm}1^{\circ}C$, $50{\pm}10%$; Env. II : $18{\pm}1^{\circ}C$, $70{\pm}10%$). The measured Skin temperature, Temperature and Humidity in sleeping bag, Rectal temperature and Psychological reaction. The results of experiment were as follows: 1. The mean skin temperature of Sleeping Bag B was the closest to the most comfortable value in the two environmental conditions. 2. Temperature and humidity in sleeping bags, in both environmental conditions, contained the value nearest to the most comfortable one in Sleeping Bag B. 3. Rectal temperature in both environments had a slight change in the range of antibody temperature in all the subjects of sleeping bags. 4. As subjective psychological reaction, both thermal and humid sensation approached the most comfortable zone in Sleeping Bag B.

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A Cognitive Map Approach to B2B Negotiation to Integrate Unstructured and Structured Negotiation Term

  • Lee, Kun Chang;Kim, Jin Sung
    • Journal of the Korean Institute of Intelligent Systems
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    • v.14 no.3
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    • pp.342-348
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    • 2004
  • As the advent of the Internet, B2B negotiation process on the Internet has been given attention from both researchers and practitioners. However, literature still shows that only structured conditions have been explicitly considered, despite the fact that unstructured conditions should be rendered as well. In this sense, this paper proposes a new negotiation support mechanism to incorporate causal relationships between structured and unstructured conditions in the process of B2B negotiation. Fuzzy cognitive map was used as a main source of causal knowledge as well causal inference engine. A prototype named CAKES-NEGO was developed to perform experiments with an illustrative example. Results revealed the robustness of our proposed negotiation support mechanism.

Color Changes according to the Extraction Condition of Caesalpinia sappan Dyestuff I (소목 염료의 추출조건이 색상에 미치는 영향 I)

  • Jeon, Hee-Young;Choi, Se-Min;Ahn, Jeong-Hoon;Jeon, Dong-Won
    • Journal of Fashion Business
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    • v.13 no.2
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    • pp.136-144
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    • 2009
  • The purpose of this study is to investigate various phenomena quantitatively occurring during the course of changing dyeing conditions of cotton and silk fibers in natural dyeing using Caesalpinia sappan. Paying attention to the fact that the color may be varied according to the extraction conditions of dyestuffs in Caesalpinia sappan dyeing, the color changes were investigated after dyeing using dyestuffs extracted at elevated temperature and dyestuffs extracted at room temperature. According to the extraction methods, the degree of color development for the category of red color and the category of yellow color has changed.