• Title/Summary/Keyword: Business Events

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A Study of IT Environment Scenario through the Application of Cross Impact Analysis (교차영향분석의 작용을 통한 국내 IT 환경 시나리오에 대한 연구)

  • Kim Jin-han;Kim Sung-hong
    • Korean Management Science Review
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    • v.21 no.3
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    • pp.129-147
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    • 2004
  • Scenario analysis for strategic planning, unlike most forecasting methods, provides a qualitative, contextual description of how the present will evolve into the future. It normally tries to identify a set of possible futures, each of whose occurrence is plausible but not assured. In this paper, we propose the use of Cross Impact Analysis(CIA) approach for scenario generation about the future of Korean IT environments. In this analysis, we classified IT environments into technical, social, legislative, and economic factor. And various variables and events were defined in each factor. From the survey collected from IT related experts, we acquire probability of occurrence and compatibility estimates of every possible pairs of events as input. Then 2 phase analysis is used in order to choice events with high probability of occurrence and generate scenario. Finally, after CIA using Monte Carlo simulation, a detail scenario for 2010 was developed. These scenario drawn from the CIA approach is a result considered by cross impacts of various events.

The Study on the Role of Private Security in International Events (국제적 행사 경비와 민간경비의 역할에 관한 고찰)

  • Seo, Jin-Seok
    • Korean Security Journal
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    • no.5
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    • pp.179-210
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    • 2002
  • Recently, the industry of private security needs to cope with system for specialization improvement to security business. Especially, private security will very important in various international events such as 2002 World Cup soccer game and so on. The analyses of this study have led to the following conclusions: First, the industry of private security must advance to trait by oneself. Second, it is needed that both public and private security must know about role-sharing between them on the basis of efficiency, and try to cooperate with each other for the events security. Third, it will educate and train their officials in professional techniques to events security. In addition, it should be expand to reserve manpower and for the motivation to security officials establish as minimum pay scale.

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Fundraising Management in Death Rituals in Indonesian Society

  • Sudarmoko, Koko
    • Asia-Pacific Journal of Business
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    • v.1 no.2
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    • pp.47-64
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    • 2010
  • This paper presents an analysis of death rituals in West Sumatra, Indonesia. The death rituals become social events as a family and society members help each other to organize a funeral, hold Koran recital, and manage fundraising for the events. In addition, such rituals are also part of religious and cultural teaching that should be conducted by its followers. The rituals change from time to time in terms of fundraising management and holding the ceremonies. This paper, therefore, observes the changes of the death rituals from being sacred to profane involving social parties in the events and views the events as socially formed rituals. There are also economic practices in celebrating the rituals, where people have to gather funds and manage manpower in the event.

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How to Manage Business Process as Knowledge Assets based on Ontological Approach: Focusing on Sales Order Process

  • Joo, Jae-Woo;Kim, Gun-Woo;Morin, Jean-Henry
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.264-269
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    • 2008
  • Considering our increasingly interconnected organizations heavily relying on business processes and the growing need for timely accurate knowledge to achieve greater agility in the enterprise, the idea of looking at business processes as a knowledge object is gaining momentum. Business process information is knowledge and should consequently be managed as a valuable organizational asset, particularly because organizations need to react in near real time to environmental changes and events. This paper provides an overview of the situation in this field arguing for a better definition of the intersections between knowledge and business process management. When business process is seen as knowledge, it should be managed as such. We assess and discuss some of the resulting benefits and considering the need for greater dynamic integration between the two domains, we look at ontologies as an interesting technical approach to bridging this gap showing an example for an ontology based sales order process.

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Matching Sourcing Destination with Fashion Brands' Business Model: Comparative Advantages of Bangladesh and Vietnam Apparel Industries

  • Jacobs, Bertha;Simpson, Leslie;Nelson, Sara;Karpova, Elena
    • Fashion, Industry and Education
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    • v.14 no.2
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    • pp.11-23
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    • 2016
  • This study investigated the comparative advantages of the Bangladeshi and Vietnamese apparel industries using Global Value Chain (GVC) framework. In this study, the GVC framework was expanded to include social and environmental sustainability issues. Secondary data, for the 2012 - 2013 period, were collected and analyzed for each component of the apparel GVC. The findings indicated that while both countries have unique comparative advantages, Vietnam clearly emerged as a leader on many GVC components. Bangladesh's comparative advantage lies in lower wages, producing high volume orders, and lean manufacturing. In spite of Vietnam's higher labor costs, it has comparative advantages in higher productivity, skilled and trained workers, manufacturing of intricate styles of high quality, agility and flexible manufacturing, more developed infrastructure and logistic services as well as greater social and environmental compliances. This study contributes towards insight into best sourcing fit for fashion brand business models. Based on the findings, fashion driven companies offering more complex styles at a faster rate will benefit from choosing Vietnam. In contrast, Bangladesh might be a better choice for high volume driven companies that offer basic apparel and better value for their consumers. From theoretical perspective, the research makes an important contribution by expanding the GVC framework.

The Impact of Severe Weather and Climate Change on Lean Supply Chains

  • Lee, DonHee
    • Journal of Korea Society of Industrial Information Systems
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    • v.23 no.3
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    • pp.117-129
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    • 2018
  • This study examines the impact of severe weather on lean supply chains. First, this paper reviewed the literature on the disruptions and damages that severe weather events cause on supply chain. Then, several recent examples of lean supply chain disruptions due to severe weather were discussed. The results of the study indicated that the frequency of weather related disasters is increasing and extreme weather events will increase potential risks to supply chains. First, building organizational resilience will help firms look beyond efficiency and profits in managing lean supply chains. Second, the concept of sole sourcing may need rethinking to maintain a supply chain that is lean and resilient. Third, organizations must plan ahead for supply chains in unpredictable weather. Fifth, communication is a key for anticipating and avoiding the impact of severe weather. This study proposes of a set of strategies, both theoretical and practical, that business firms should develop to effectively prevent and respond to severe weather related disruptions in lean supply chains.

Event Valence Matters: Investigating the Moderating Role of Event Valence on Event Markers' Systematic Effect

  • Lee, Hyejin;Choi, Jinhee
    • Asia Marketing Journal
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    • v.16 no.4
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    • pp.59-73
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    • 2015
  • Previous research has revealed that people feel past target events are more distant when they recall more intervening events, event markers, that are both accessible in memory and perceived to be related to that target event (Zauberman, Levav, Diehl, and Bhargave 2010). This phenomenon was called the systematic effect of event markers (SEEM). In this research, we explore the moderating effect of the valence of the target event on SEEM and suggest the difficulty of recalling event markers as the possible mechanism. Study 1 shows that SEEM mainly occur when the valence of the target event is negative rather than positive. Study 2 showed that even though people have more difficulty recalling four event markers than one regardless of event valence, the difficulty of recalling event markers only mediates SEEM when the target event valence is negative. Furthermore, when the target event is positive, SEEM does not exist, confirming that the mediating role of the difficulty of recalling event markers on SEEM is moderated by the valence of the target event.

Business Component Method using a Rule-Based Analysis Pattern (룰 기반 분석패턴을 사용한 비즈니스 컴포넌트 방법)

  • Lee, Yong-Hwan;Min, Duck-Ki
    • Journal of KIISE:Computing Practices and Letters
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    • v.12 no.2
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    • pp.129-140
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    • 2006
  • The existing CBD development methods deal with the analysis phase in a superficial manner. Applying such a superficial analysis to business applications with a number of subsystems makes analysis models be inconsistent with levels and styles, only depending on experiences of the analysts. This inconsistent analysis might cause more serious problems during the subsequent development phases, resulting in the failure of the projects. In this paper, we propose a rule-based analysis pattern that provides an analysis template for business applications. This pattern analyzes the concepts of business applications by using external events and internal rules that process the events. Employing this pattern, a huge business application can be developed by a couple of co-analysts who work together in a consistent and systematic manner. This paper also describes an efficient way to develop business components with the suggested analysis pattern using banking deposit case study through UML Components development process.

The Historical Event of Foreign Direct Investment (FDI) in the Republic of Korea

  • Hee-Joong HWANG
    • Journal of Koreanology Reviews
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    • v.2 no.2
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    • pp.19-26
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    • 2023
  • This study analyzes the historical events that shaped South Korean Foreign Direct Investment (FDI) and its value to businesspeople. Chapter 2 reviews South Korean FDI literature, highlighting critical studies and a research gap. Chapter 3 strategically separates findings into four major historical events. Every event-from economic liberalization to technical advances-is studied. Chapter 5 offers valuable insights and guidance on how these events affect practitioners. The following chapters aim to promote FDI dynamics understanding and enable businesses and governments to make strategic decisions in South Korea's dynamic economy. Foreign Direct Investment (FDI) history in Korea is significant for practitioners. These events have impacted the nation's economy from the 1960s economic liberalization to modern technology advances. Practitioners must understand these events' far-reaching implications to make informed decisions. The opening up of the economy, chaebols' involvement, financial crises, and high-tech industry emphasis provide excellent lessons. This understanding helps practitioners navigate the global economy, adapt, and be resilient for sustainable economic growth in the Republic of Korea. Thus, practitioners should actively advocate for FDI and economic growth policies with government agencies. Collaboration ensures that the government's strategic vision matches industry practitioners' requirements and goals. By working together, practitioners help create policies that make Korea more appealing to international investors.

Development of Integrated Transportation Analysis System for Large-scale event (대형 이벤트 대응형 통합교통분석 시스템 개발)

  • Lim, Sung-Han
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.13 no.3
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    • pp.1-9
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    • 2014
  • This study deals with development of Integrated Transportation Analysis System for Large-scale event. Based on case studies, the requirements of the system were defined and the direction of development was established. The large-scale events that require fast and accurate transportation policy were selected. The data warehouse and data mart were developed by integrating the large-scale event data and the traffic data. Business intelligence system was designed and developed users to allow timely decisions.