• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.273-280
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• 2021

Financial behavior and financial well-being are two closely related aspects of an individual's financial decision making. This study attempts to investigate the extent to which financial behavior influences financial well-being in the Indian scenario. The data is collected using a structured questionnaire from a sample of 150 respondents. The study employs Financial Management Behaviour Scale (FMBS) (Dew & Xiao, 2012) to measure financial behavior. Factor analysis and multiple regression are performed to find the influence of financial behavior on financial well-being. The findings of the study suggest that except for credit commitment all the other behavioral factors like future security, savings and investments, credit indiscipline, and financial consciousness have a significant impact on the financial well-being of an individual in the Indian scenario. The regression coefficients of financial well-being are strongly determined by financial consciousness. The study is a contribution to the existing behavioral studies literature and the model used identifies the factors that influence the financial well-being in the Indian scenario. The study is conducted during the year 2020, so the results could have been influenced by the economic scenario of the period. The results of the study can be used by financial advisors to understand the financial well-being in the Indian scenario.

• Proceedings of the Korea Society of Information Technology Applications Conference
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• 2005.11a
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• pp.305-310
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• 2005

Recently, many organizations in various industries have introduced e-businesses for the purpose of adding value to their businesses. However, due to no comparable business models to e-business in the past, there are no reliable yardsticks to predict the performance of an e-business. This paper considers an environmental change analysis as a means to resolve this difficulty. System Dynamics (SD) could be a useful tool to generate effective results by examining the e-business model. SD model is developed to analyze the effects of an e-sales channel which was appended to the existing sales channels in the steel manufacturing industry. The results show an increase in average price and sales volume through the use of an auction process on the e-marketplace. Stocking expenses are reduced as well by the increase of the sales turnover. A possible scenario was adopted to the developed simulation model and investigated strategic issues to draw desirable strategies with market changes.

• 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 Journal of Fisheries Business Administration
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• v.54 no.1
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• pp.37-49
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• 2023

Climate change is a major global problem. Oysters, one of the most representative farmed fish in Korea, are attracting attention as candidates for blue carbon, an alternative to carbon neutrality. This study is analyzed by the SSP scenarios to determine the impact of oyster aquaculture production according to climate change. Based on the analysis, future productions of oysters are predicted by the SSP scenario. Significant differences by the SSP scenario are confirmed through predictive power tests among scenarios. Regression analysis was conducted from January 2001 to December 2014. As a result of the analysis, water temperature, water temperature quadratic term, salinity, salinity quadratic term, and month × water temperature cross term were estimated as significant variables. Oyster production which is predicted by the SSP scenario based on the significant variables from 2015 to 2022 was compared with actual production. The model with the highest predictive power was selected by RMSE and MAPE criteria. The predictive power was compared with the MDM test to determine which model was superior. As a result, based on RMSE and MAPE, the SSP1-2.6 scenario was selected as the best model and the SSP1-2.6, SSP2-4.5, and SSP3-7.0 scenarios all showed the same predictive power based on the MDM test. In conculusion, this study predicted oyster aquaculture production by 2030, not the distant future, due to the short duration of the analytical model. This study was found that oyster aquaculture production increased in all scenarios and there was no significant difference in predictive power by the SSP scenario.

• Korean Management Science Review
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• v.33 no.1
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• pp.59-75
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• 2016

The domestic simple payment service was not activated yet compared to foreign countries and there are many things to complement in the legal, institutional, and technical aspects. The future image of the domestic electronic payment propulsion was considered by the scenario planning focusing on the simple payment. Total 6 future scenarios were drawn through the scenario planning, and 3 major strategy directions for attaining the preferred future scenario were drawn. This study drew a meaningful scenario through various analyses and industry specialist questionnaire about the future of the simple payment service which will be a crucial change of the domestic electronic payment under the uncertain future situation, and suggested an implication for the government and every interested party who provides the industrial service to prepare for the future.

• Asia pacific journal of information systems
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• v.9 no.1
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• pp.115-142
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• 1999

Legacy applications are valuable assets that should be integrated into next generation business systems. To gain this advantage, progressive companies can reverse engineer the legacy business operations. This paper presents a form-driven object-oriented reverse engineering(FORE) methodology by the use of business forms to recover semantics of legacy applications. They retain the user-oriented contents of business and thus are easily understandable. Our form driven object-oriented reverse engineering methodology consists of five phases: form and usage analysis, form object slicing, object structure modeling, scenario design, and model integration. Knowledge about form structure and user interaction with legacy applications is used to capture the design semantics. An object model, which consists of an object structure model and scenario results from such form knowledge. The resulting object model is more likely to help reverse engineers understand and reuse legacy systems.

• 한국경영정보학회:학술대회논문집
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• 2007.11a
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• pp.316-321
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• 2007

Effective Training has been recognized as one of the most important success factors for enterprise resource planning (ERP) system operations. However, both ERP system vendors and user companies have failed to provide an effective training method for users because practical business process cases cannot be formalized. Also, incomplete testing by ERP system vendors results in insufficient and ineffective user training. This paper suggests a scenario framework for ERP testing and training (SF-ETT). SF-ETT is constructed by expanding the practice-based ERP testing scenario construction framework designed for uniERPII. SF-ETT contains concrete business process entities that users understand actually and provides practice definition, notation, and architecture.

• Journal of the Korean Operations Research and Management Science Society
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• v.28 no.2
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• pp.91-103
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• 2003

Use case modeling on UML (Unified Modeling Language) is getting widely used in OOAD and CBD and it is considered a useful technique in dealing with the complexity of the requirements analysis. However, some of the problems with use case modeling are that it is not structured, difficult to handle non-functional requirements, and to analyze impacts among use cases. To alleviate these problems, we propose a scenario-based goal-oriented approach for use case modeling. The proposed approach is to apply a goal-oriented analysis method to use case modeling. Since goal-oriented analysis method is not systematic and many heuristics are involved, we have adopted scenarios as the basis for goal extraction. The proposed method is applied to CBIS (City Bus Information Subsystem) in ITS (Intelligent Transportation System) domain. The proposed approach helps software engineers to analyze the impact among use cases and represent non-functional requirements.

• Information Systems Review
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• v.10 no.2
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• pp.21-48
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• 2008

The Korean on-line game industry is going through a rapid change. The future business environments for potential on-line game companies are very uncertain due to the new service and the different market trends. In this paper, I propose the use of morphological analysis approach for scenario generation about the future of the On-line game industry. The stages of research process were as follows; Firstly, digital contents analysis and key issues were drawn on IPTV in the on-line game industry. Secondly, each key issue was analyzed and the influence factors and directivity flow were found. Thirdly, highly probable future on-line game industry scenarios were derived. In this case, morphological analysis. On the basis of the developed scenarios, I formulated some implications for business strategy of a potential on-line game companies.

• The Journal of Society for e-Business Studies
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• v.14 no.3
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• pp.71-85
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• 2009

Nowadays the research and development of various middleware for the ubiquitous computing environment has been demanded and many application services have been provided. The practical ubiquitous computing environment is the world where a variety of services based on RFID/USN devices are integrated with each other and make synergy effects all together. In the end user perspectives, there should be a middleware platform and business logic framework collaborating various services all together to satisfy the user requirements. In addition, the platform should provide the user to describe a scenario based on various event to maximize the collaboration. In this paper, we have proposed business logic framework which is supporting collaboration between heterogeneous service systems based on the user's scenario. We have also tried to show the efficiency and scalability of the proposed framework by providing the result of a couple of tests.