• Title/Summary/Keyword: Business Model Concept

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A Case Study of Business Process Centered Risk Analysis for Information Technology Security (업무 프로세스 중심의 정보기술 보안 위험분석 적용 사례-클라이언트/서버 시스템 중심으로)

  • Ahn, Choon-Soo;Cho, Sung-Ku
    • IE interfaces
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    • v.16 no.4
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    • pp.421-431
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    • 2003
  • Due to the increasing complexity of the information systems environment, modern information systems are facing more difficult and various security risks than ever, there by calling for a higher level of security safeguard. In this paper, an information technology security risk management model, which modified by adopting the concept of business processes, is applied to client/server distributed systems. The results demonstrate a high level of risk-detecting performance of the model, by detecting various kinds of security risks. In addition, a practical and efficient security control safeguard to cope with the identified security risks are suggested. Namely, using the proposed model, the risks on the assets in both of the I/O stage(on client side) and the request/processing stage(on server side), which can cause serious problems on business processes, are identified and the levels of the risks are analyzed. The analysis results show that maintenance of management and access control to application systems are critical in the I/O stage, while managerial security activities including training are critical in the request/processing stage.

Re-conceptualization of Business Model for Marketing Nowadays: Theory and Implications

  • FIRMAN, Ahmad;PUTRA, Aditya Halim Perdana Kusuma;MUSTAPA, Zainuddin;ILYAS, Gunawan Bata;KARIM, Kasnaeny
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.279-291
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    • 2020
  • This study aims to develop the concept of innovation models with the marketing channel construct approach, marketing innovation, product segmentation, and customer insight; as well as improvements to the theory of resource-based combined with the method of service-dominant logic. This study approach is based on quantitative descriptive conducted with three stages of testing scenarios. The first test is the mapping of the innovation model construct through testing the validity and reliability with the moderation of customer orientation variables. The second scenario examines the relationship of influence between the independent variables on the dependent variable of 29 hypothetical analysis equation modeling. The unit of analysis was conducted on 497 SMEs involved in the food and beverage sectors, with the criteria being SMEs must have a rating of 4-5 points on the Go-Food applications software. The results shown that: 1) the construct used to develop an innovative model both directly and via moderation is positive and significant; 2) Through a complicated relationship that involves all components of the variable, it outlines a positive and significant effect except for the path of analysis (μ5). The theoretical and managerial implications state that the service-dominant logic approach and resource-based view theory have extreme reliability and interrelations.

Critical Factors Affecting the Adoption of Artificial Intelligence: An Empirical Study in Vietnam

  • NGUYEN, Thanh Luan;NGUYEN, Van Phuoc;DANG, Thi Viet Duc
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.225-237
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    • 2022
  • The term "artificial intelligence" is considered a component of sophisticated technological developments, and several intelligent tools have been developed to assist organizations and entrepreneurs in making business decisions. Artificial intelligence (AI) is defined as the concept of transforming inanimate objects into intelligent beings that can reason in the same way that humans do. Computer systems can imitate a variety of human intelligence activities, including learning, reasoning, problem-solving, speech recognition, and planning. This study's objective is to provide responses to the questions: Which factors should be taken into account while deciding whether or not to use AI applications? What role do these elements have in AI application adoption? However, this study proposes a framework to explore the significance and relation of success factors to AI adoption based on the technology-organization-environment model. Ten critical factors related to AI adoption are identified. The framework is empirically tested with data collected by mail surveying organizations in Vietnam. Structural Equation Modeling is applied to analyze the data. The results indicate that Technical compatibility, Relative advantage, Technical complexity, Technical capability, Managerial capability, Organizational readiness, Government involvement, Market uncertainty, and Vendor partnership are significantly related to AI applications adoption.

A Study on the Relationship of Process Quality, Outcome Quality, and Management Performance - Combination of Service Quality and BSC Concept for Insurance Industry - (과정품질, 결과품질, 경영성과 연계 연구 - 보험산업의 서비스품질과 BSC 연계모형을 중심으로 -)

  • Kim, Hyung-Wook
    • Journal of Korean Society for Quality Management
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    • v.37 no.4
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    • pp.43-51
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    • 2009
  • This study was designed to analyze the relationship of process quality, result quality and management performance in Korean insurance industry. For this study the linkage scheme of service quality concept is used on PZB model and BSC(Balances Score Card) system. In the linkage model, the 5 service qualitry factors used in PZB model are used as the result quality variables, and internal process factor, learning/growth factor in BSC are used the process quality variables affecting the result quality variables. And also customer satisfation factor and financial performance index are used as the management performance variables. In the ivsurance industry, the process quality variables were verified to meaningfully affect the result quality variables, and the result service quality variables were verified to affect the management performance indices. As the result, the process quality and the service quality must be emhanced for the competitiveness of Korean insurance industry.

New Concept of Construction Business Process Modeling Connected with Information Technology (IT와 연계된 건설분야 신개념 BPR 모형 구성)

  • Kwak Joong-Min;Kang Leen-Seok
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.151-158
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    • 2003
  • Recently, the off-line processes in the construction industry are being changed to the electronic processes by several information technology (IT) tools including CALS. To improve the business processes to on-line processes, the business process reengineering (BPR) is a representative methodology for reviewing unnecessary and additional processes from the established business procedure. This study suggests a new process modeling method for construction BPR (CBPR) that consists of object-related process model (ORPM). In suggested modeling method, the connection with IT tools such as Workflow, enterprise resource planning (ERP), construction CALS, and business breakdown structure (BBS) was considered. The ORPM in the study is the main model for representing the detailed construction processes. It consists of nine relationship and six diagrams to represent the relationship between construction activities and the direction within the process model. Those models suggested from this study can be a useful tool for the CBPR because the researches and the practical applications related to the BPR of construction project are insufficient in our construction industry.

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Development of Business Model for Partnership Support Management (PSM) in Private Infrastructure Projects (민간투자사업 파트너쉽지원관리(PSM) 업무모델 개발)

  • Jung, Pyung Ki;Baek, Hyeon Gi;Seo, Jong Won
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.1D
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    • pp.99-109
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    • 2011
  • In order to maintain construction industry and to improve efficiency, the Korean government legislated private investment system. Private sector takes advantages by adopting CM (Construction Management) project system, however, public sector has relatively less capability and experience than private sector. In this paper, PSM (Partnership Support Management) is addressed in order to actively strengthen the project capabilities for public sector. PSM maintains existing CM project system because it is a concept of expended business model of CM. PSM needed to categorize the private participated project into 5 phases; project development phase, project announcement phase, project evaluation phase, project agreement phase and agreement changing phase. PSM business structure and business process considering stakeholder's interrelationship and participation are suggested in this research. Suggested PSM business model may not only increase a comprehensive understanding of government and project capability, but also may reduce work load and responsibilities for project momentum of private participation in infrastructure.

e-Business Concept, Model and Typology from the Supply Perspective (공급측면의 e-Business의 개념, 모델 및 유형의 확장)

  • Kim, M.S.
    • Electronics and Telecommunications Trends
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    • v.16 no.5 s.71
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    • pp.94-100
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    • 2001
  • 인터넷의 급속한 확산은 기존 시장의 개념을 확대, 변화시키고 이러한 변화된 시장에서 기업은 새로운 비즈니스 패러다임의 변화에 적응하지 못하면 경쟁력을 확보할 수 없는 상황에 처하게 되었다. 기업의 비즈니스 패러다임 변화의 중심은 인터넷 기반의 e-Business라 할 수 있다. e-Business의 핵심은 인터넷과 정보기술을 이용하여 기업의 내부 프로세스와 기업간 그리고 고객간 외부 프로세스의 투명성을 제고하여 비용을 최소화하는 데 일차적인 목적이 있다. 그러나 e-Business 전개에 있어 기업 내/외부의 프로세스 효율화를 위한 수요측면의 적용 주체 이외에도 이러한 전개를 도와주고 각종 하부구조, 서비스 및 장비를 제공하는 공급 주체도 존재한다. 수요측면에서의 전자상거래를 포함하여 많은 e-Business 관련 연구가 있었으나 공급측면에서의 e-Business 연구는 다소 부족한 실정이다. 이에 본 고는 다소 실험적 성격을 가지고 공급측면에서 특히 통신서비스 사업자 측면에서의 e-Business 개념, 모델, 유형 등을 기존 연구의 연장선상에서 확대, 고찰한다.

Factors Influencing Business Performance of Small and Medium Enterprises: A Case Study in Sri Lanka

  • SALFIYA UMMAH, Mohamed Abdul Cader;CHOY, Chong Siong;SULAIHA BEEVI, Athambawa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.201-212
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    • 2021
  • This study aims to investigate variables affecting the business performance of Muslim women entrepreneurs in Sri Lanka. A multidimensional analysis was proposed with five potentially defined antecedents of business performance which included psychological characteristics, human capital, social capital, industrial factor, and cultural factor. Data was collected from 286 respondents through the use of a self-administered questionnaire. The results of structural equation modeling indicate that the model meets the goodness-of-fit indices and that generally, all five factors have significant positive relationships with business performance. Amongst the dimensions of psychological characteristics, only risk-taking had a notable effect on business performance. Amongst the dimensions of human capital, two of the three dimensions (business experience and business skills) were significantly associated with business performance; in the case of social capital, one of the two dimensions (non-familial affiliations) was significantly associated with business performance; and in the case of industrial factor, resource accessibility was significantly associated with business performance. A strong positive correlation with business performance has also been demonstrated by the cultural factor which was a new concept to the paradigm as a whole. This study has broadened the understanding of existing literature on Muslim women entrepreneurship and contributed practical implications to government, policymakers and other related agencies, chambers of commerce, the general public, as well as the Muslim women entrepreneurs themselves.

The Effects of Advanced Design Innovation Strategy on Business Performance (선행 디자인 혁신 전략이 기업 성과에 미치는 영향)

  • Kim, Yong-Wook;Song, In-Am;Hwang, Hee-Joong
    • Journal of Distribution Science
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    • v.11 no.10
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    • pp.27-36
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    • 2013
  • Purpose - This paper empirically studies the effects of advanced design innovation strategy on business performance, to investigate manufacturing industries that can develop design-driven-innovation strategies. Many researchers now recognize the importance of design in a CEO's decision-making process. To analyze these effects, this study deduces the definition of advanced design strategy by reviewing existing studies. The advanced design is a strategy that is applied to improve business performance instead of the appearance of a product for increasing its sales. In terms of business processes, the advanced design strategy is defined as the incorporation of business activities prior to the development of the product, to offer new experiences and values to users, from those designs. Research design/data/methodology - This paper establishes a model for empirical analysis. In this study, we derived factors of the characteristics of advanced design based on previous studies. We tried to investigate whether advanced design innovation strategy and entrepreneur's characteristics could have any impact on business performance. At the same time, we tried to find out the moderating effect of entrepreneurs' characteristics. The advanced design is made up of three elements: precedence, integration, and immersion of design activities. These three elements are independent variables for the model. The dependent variables are: increased rate of sales, R & D performance, and public image of the company. Specifically, this study establishes a CEO's characteristics as a moderating variable between the independent and dependent variables. Results - We proved that the level of entrepreneurs' characteristics has a moderating effect on the business performance. The findings of this study offer the following theoretical implications. The precedence of design activities positively affects the increased rate of sales by offering new experiences to users and creating new values. The integration of design activities also has a positive effect on the R&D performance. In addition, the immersion of design activities positively influences all the elements comprising business performance. The analysis of moderating variables elucidates that CEO's characteristics have a moderating role between precedence, integration, and immersion of design activities, and business performance. Conclusions - The practical implications of the study are as follows. This study contributes to the progression of advance design theories by conducting an empirical study on the advanced design concept. More importantly, the empirical study on the CEO group seeking exploratory innovation supports Verganti's "design-driven innovation" concept, according to which design can make innovation successful by offering useful values to users, as evident in the case of many innovative companies, such as Nintendo and Apple. Future studies need to investigate the reliability of practical examples, including the various activities of business. We suppose that there may be real differences between the results of this study and the applicative situation in the presence of a CEO group.

A Tensor Space Model based Semantic Search Technique (텐서공간모델 기반 시멘틱 검색 기법)

  • Hong, Kee-Joo;Kim, Han-Joon;Chang, Jae-Young;Chun, Jong-Hoon
    • The Journal of Society for e-Business Studies
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    • v.21 no.4
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    • pp.1-14
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    • 2016
  • Semantic search is known as a series of activities and techniques to improve the search accuracy by clearly understanding users' search intent without big cognitive efforts. Usually, semantic search engines requires ontology and semantic metadata to analyze user queries. However, building a particular ontology and semantic metadata intended for large amounts of data is a very time-consuming and costly task. This is why commercialization practices of semantic search are insufficient. In order to resolve this problem, we propose a novel semantic search method which takes advantage of our previous semantic tensor space model. Since each term is represented as the 2nd-order 'document-by-concept' tensor (i.e., matrix), and each concept as the 2nd-order 'document-by-term' tensor in the model, our proposed semantic search method does not require to build ontology. Nevertheless, through extensive experiments using the OHSUMED document collection and SCOPUS journal abstract data, we show that our proposed method outperforms the vector space model-based search method.