• Title/Summary/Keyword: Business Group

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Analysis and Comparison of Labor Market Stability by Business Categories in Urban and Rural Areas : Industrial Group, Employment Size, and Survival Duration (도시 및 농촌지역 사업체 유형별 노동시장 안정성 비교분석: 산업군, 종사자규모 및 존속기간별 유형을 중심으로)

  • Lee, Jemyung
    • Journal of Korean Society of Rural Planning
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    • v.23 no.1
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    • pp.97-112
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    • 2017
  • Stability of labor market in rural areas was analyzed in this paper with categories of industrial group, employment scale, surviving period, and founder group. The stability of each classified labor market was compared with each other to figure out the stable business class and the unstable class in rural areas. The results of rural areas were compared with those of urban areas. The stability was analyzed with average and coefficient of variation (C.V.) of annual total employees' change rates. It was revealed that labor market of 'primary industry', including agriculture, is unstable. Especially, labor market of 'mid-size' and 'primary industry' businesses founded as 'incorporated company' in rural areas is vulnerable. While labor market of 'large-size' is proved to be unstable, it is confirmed that 'small-size' or 'mid-size', and 'over-ten-year survived' businesses have positive contribution to the stable labor market in rural and urban areas. The results show that the stability of labor market is different in each category of business and in each region of rural or urban area. It is expected that the results can be utilized for the regional development policies, of labor and industry part.

Critical Incidents of Casino Services: Qualitative Evidence from Asian VIP Customers

  • Seo, Mi-Ok;Yoon, Sung-Wook;Shin, Seongyeon
    • Journal of Distribution Science
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    • v.15 no.9
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    • pp.63-74
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    • 2017
  • Purpose - The purpose of this study is to contribute to the literature on casino services by investigating critical service failures using the critical incident technique (CIT) and provide effective recovery strategies that can be adopted in practice. Research design, data, and methodology - The data were collected from Asian casinos' HNI customers in China, Japan, and the Republic of Korea. This is the first study that has investigated VIP casino customers in leading Asian countries. The research used the critical incident technique (CIT) collect and a total of 227 incidents were analyzed. Results - The results show that three main categories and eleven subcategories are deduced. The first group concerns casino service system failures. The second group relates to service providers' responses to VIP customer complaints. The last group covers employees' attitudes and behavior toward customers. Conclusions - First, the most serious service problem in casinos was the service providers' attitudes rather than the service system failures. Second, Tangible recovery strategies such as "all pay" and "additional comps" were proven to enhance a casino's image and lower customers' intentions to switch. Customers, however, preferred intangible recovery strategies such as considerate responses, reliable problem management, sincere apologies, and accurate explanations.

Design Methodology for Transformers Including Integrated and Center-tapped Structures for LLC Resonant Converters

  • Jung, Jee-Hoon;Choi, Jong-Moon;Kwon, Joong-Gi
    • Journal of Power Electronics
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    • v.9 no.2
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    • pp.215-223
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    • 2009
  • A design methodology for transformers including integrated and center-tapped structures for LLC resonant converters is proposed. In the LLC resonant converter, the resonant inductor in the primary side can be merged in the transformer as a leakage inductance. And, the absence of the secondary filter inductor creates low voltage stress on the secondary rectifiers and is cost-effective. A center-tapped structure of the transformer secondary side is widely used in commercial applications because of its higher efficiency and lower cost than full-bridge structures in the rectifying stages. However, this transformer structure has problems of resonance imbalance and transformer inefficiency caused by leakage inductance imbalance in the secondary side and the position of the air-gap in the transformer, respectively. In this paper, gain curves and soft-switching conditions are derived by first harmonic approximation (FHA) and operating circuit simulation. In addition, the effects of the transformer including integrated and center-tapped structures are analyzed by new FHA models and simulations to obtain an optimal design. Finally, the effects of the air-gap position are analyzed by an electromagnetic field simulator. The proposed analysis and design are verified by experimental results with a 385W LLC resonant converter.

The Influence of Credit Scores on Dividend Policy: Evidence from the Korean Market

  • KIM, Taekyu;KIM, Injoong
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.2
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    • pp.33-42
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    • 2020
  • The paper investigates the mechanism through which corporate credit ratings affect dividend payments by decomposing the mean difference of dividends into a part that is explained by the determinants of dividends and a residual part that is contributed by the pure credit group effect, in the framework of the traditional dividend model of Fama and French (2001). Historically, better credit rated firms have shown consistently higher propensity to pay dividends especially during the economic crisis period. According to the counter-factual decomposition technique of Jann (2008), better rated firms are more responsive to the firm characteristics that have positive impact on dividends and poor rated firms are more responsive to the negative dividend predictors. As a result, good (bad) credit ratings make corporate managers become more bold (timid) in their dividend payments and they tend to pay more (less) dividends than what their firm characteristics prescribe. The degree of information asymmetry increases for the poor group firms during crisis periods and they attempt to reserve more cash in preparation for future investments. The decomposition results suggest that the credit group effect can potentially exceed the effect of firm characteristics because firms of different credit ratings can respond to the very same firm characteristics in a different manner.

Purchasing Intention: A Research on Mobile Phone Usage by Young Adults

  • SURUCU, Lutfi;YESILADA, Figen;MASLAKCI, Ahmet
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.353-360
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    • 2020
  • The main aim of study is to identify the factors that affect the purchasing intention of young adults. The reference group is an important factor in determining the underlying causes of young adults' purchasing intentions. However, the literature states that young adults prefer to buy brands they trust in order to eliminate the risks that may arise when buying products they may not know. Moving from this perspective, the study proposes a conceptual model that including structural relationships between brand trust, reference group, and purchasing intention. The study aims to contribute to the literature by discussing the moderator role of brand trust in this structure. A series of hypotheses are tested via a survey completed by 749 young people between the ages of 20 and 30 living in Istanbul, Turkey. The data were analyzed with IBM SPSS-23 and AMOS-18 program. In addition to descriptive, reliability, and factor (exploratory and confirmatory) analysis, hierarchical regression analysis was performed to test the research hypotheses. The results show that the reference group positively influences the purchasing intention, and brand trust plays a moderating role in this relationship. The findings are discussed and some practical suggestions are made for mobile phone manufacturers.

State space disturbance observer based controller design for self servo writing (셀프 서보 라이팅을 위한 상태공간 외란 관측기 기반의 제어기 설계)

  • Jung, Youn-Sung;Kang, Hyun-Jae;Lee, Choong-Woo;Chung, Chung-Choo;Cho, Kyu-Nam;Suh, Sang-Min;Oh, Dong-Ho
    • Proceedings of the KIEE Conference
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    • 2007.10a
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    • pp.129-130
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    • 2007
  • Self servo track writing(SSTW)은 servo track writer(STW)를 이용하지 않고 hard disk drive의 내부 VCM을 이용하여 servo track을 기록하는 방식이다. SSTW는 이전 servo track을 상대적인 reference로 하여 기록하게 되므로 초기에 발생된 error와 외부의 disturbance의 영향으로 error는 급속하게 증가된다. 이것을 radial error propagation 이라 한다. 본 논문에서는 radial error propagation을 억제하기 위한 correction signal을 설계하고 servo writing 과정에서 발생하는 disturbance의 영향을 제거하기 위하여 disturbance observer(DOB)를 add-on type으로 구성하여 tracking 제어기를 설계하였다. 또한 DOB를 적용한 경우와 유사한 gain margin, phase margin과 sensitivity function을 갖는 제어기를 설계하여 그 성능을 비교하였다. 제안된 방식은 radial error propagation을 억제 하였을 뿐만 아니라 disturbance의 최소화하여 쓰여진 track의 DC track spacing과 AC track Squeeze가 개선된 것을 모의실험을 통하여 검증하였다.

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The Difference of the Inventories Assets Turnover Change Ratio According to the Firm Size (기업 크기에 따른 재고자산회전 변화율의 차이)

  • Lee, Jihye;Choi, Young-Keun;Kim, Pansoo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.2
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    • pp.72-81
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    • 2015
  • This paper studied the differences of the inventories asset turnover change ratio and several characteristics variable between large and small manufacturing firm group. Large and small firm group were determined based on number of labors and asset size. Several characteristics variable of firms such as assets size, sales growth rate, return on assets, leverage ratio, credit rating and age of firm were used to find out the differences of firm group. As a result, the inventory asset turnover change ratio of large firm was 5.16% and that of the middle and small firm was 9.3%. For the large firm, sales growth rate, ROA and credit rating affect inventory assets turnover change ratio. For the middle and small sized firm, Assets size, sales growth rate and credit rating affect inventory assets turnover change ratio. Using this result, we can say that manufacturing company need to consider their firm size and their characteristics to make their own operation strategy of inventory.

Exploring Working Group's Psychological Subjectivity on Public Smart Work Services in a Cloud-based Social Networking

  • Kim, Ki Youn;Song, In Kuk
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.14 no.12
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    • pp.4748-4762
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    • 2020
  • Recently, the COVID 19 pandemic has affected on our daily lives and society in many ways. Specifically, it has brought rapid changes in the working environment from office working to smart telecommuting. In addition, cloud computing technology and services not only provided ubiquitous access, but also led to a sharing of information, internal-external communication channels, telework, and innovative smart work for the business process. As a result, smart work services based on social cloud networking have spread to the public sector. However, existing academic research examining smart work merely remains to focus on the theoretical conceptualization or to deal with merely several examples of private views. Best practices of smart work services based on cloud computing technology in the public field rarely exists. Moreover, many studies have been differently measured the values of smart work for private and public sectors depending on organizational singularities. Therefore, the study aims to define new theoretical implications and to explore future business strategies and policy directions based on a technical working group's personal psychological subjectivity. The research applied Q methodology, and selected five public organizations in Korea, that they have adopted or currently plan to adopt some part of smart work services.

Family Business and Risk Management: Perspectives of SMEs Entrepreneurs in Indonesia

  • TAN, Jacob Donald;SUGIARTO, Sugiarto;BUDHIJONO, Fongnawati
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.851-861
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    • 2021
  • This study aims to explore the specific risks in family small-medium enterprises (SMEs) and explain how they manage these risks to sustain and expand. In Indonesia, family business composes around 95 percent of all businesses and contributes about 80 percent to the country's economy. SMEs contribute approximately 57.8 percent to the nation's gross domestic product. Risk management poses challenges to the family business's survival, as family members do not take actions on risk. The assessment of risk is difficult and family businesses lack the ability to determine risk management priorities, including risk management review processes to evaluate risk, thus leading to family business failures. Applying the case study approach, in-depth semi-structured interviews were conducted in seven family SMEs comprising fifteen informants. Additionally, a focus group discussion consisting of three experts is conducted to reaffirm the findings from the interviews, observations, and field notes. The research identified the specific risks and how the family owners strategize to safeguard against these risks such as cash flow deficiency, operations dysfunction, cultural frailty, disharmony, transgenerational entrepreneurship failure, political uncertainty, and unprofessionalism. Comprehending these risks and their strategic decisions elucidated in this research could enable the family owners and key non-family professionals to work hand-in-hand to thrive over the family business risks together. Further avenues of research regarding family business risk management are also suggested in this study.

Development of Elderly Women's Dress Form According to Their Somatotypes for the Silver Apparel Industry

  • Suh, Chu-Yeon
    • Journal of Fashion Business
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    • v.8 no.6
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    • pp.25-38
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    • 2004
  • The purpose of this study is to develop a dress form for elderly women according to their somatotype to be used for improving the fit of garments and patterns. Analyzing each somatotype, there was a significant difference among the 4 somatotypes in most of measure items. Bend-forward Group had shorter front length items. Abdomen-fat Group had lower upper-body values than Average Group and similar lower-body values to Fat Group. In most items except height, Fat Group had the biggest values. Analyzing the mean cross-section according to the section measurement parts, no difference existed in shoulder part and under bust part. However, in upper bust, bust, waist, abdomen, high hip, and hip parts, a significant difference existed. Also, according to the results of the mean cross-section as well as the average cross overlap section for each somatotype, there was a significant difference among the four somatotypes. Thus, Abdomen-fat Group and Fat Group were similar, while Bend-forward Group and Average Group were alike. According to the increase of age, lower body tended to have more conspicuous changes. Analyzing the profile of somatotypes, there existed a obvious significant difference among the 4 somatotypes, implying that the characteristics of somatotype need to be reflected when to develop dress forms for elderly women. Therefore, these differences must be an essential factor in pattern design. Comparing the current dress form with the dress form developed with simulation, we could find that a dress form developed for elderly women which reflects the characteristics of body shape is much better than a dress form developed by simple size variation such as small, medium and large size divisions to improve the fit of garments and pattern designs.