• Title/Summary/Keyword: Business Scenario

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Assessing the Unemployment Problem Using A Grey MCDM Model under COVID-19 Impacts: A Case Analysis from Vietnam

  • NGUYEN, Phi-Hung;TSAI, Jung-Fa;NGUYEN, Hong-Phuc;NGUYEN, Viet-Trang;DAO, Trong-Khoi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.53-62
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    • 2020
  • The COVID 19 pandemic has led to a new global recession and is still causing a lot of issues because of the delays in the employment of people. This scenario has severe consequences for many countries' labor markets in the world. This problem's complexity and importance requires an integrated method of subjective and objective evaluation rather than intuitive decisions. This research aims to investigate sustainable indexes for assessing the unemployment problem by using a Multi-Criteria Decision-Making Model (MCDM). Grey theory and Decision Making Trial and Evaluation Laboratory (GDEMATEL) are deployed to transform the experts' opinions into quantitative data. The analysis based on 20 crucial criteria is employed to determine the weights of sustainability of unemployment problems. The results revealed that the top ten of determinants are Economic growth, Industrialization, Foreign direct investment, Real GDP per capita, Education level, Trade Openness, Capacity Utilization Rate, Urbanization, Employability skills, Education system expansion, which have the most significant effects on the unemployment rate under COVID 19 impacts. Furthermore, GDEMATEL could effectively assess the sustainable indicators for unemployment problems in "deep and wide" aspects. The study proposes the Grey MCDM model, contributes to the literature, provides future research directions, and helps policymakers and researchers achieve the best solutions to the unemployment problems under "economic shocks."

A Study on the Business of the Korean OTT in North American Market : Focusing on scenario analysis based on cash flow estimation (국내 OTT 사업자의 해외시장 진출의 사업성 연구 : 현금흐름 추정에 의한 시나리오 분석을 중심으로)

  • Byun, Sangkyu;Park, Chun-il;Wee, Kyeong Woo
    • The Journal of the Korea Contents Association
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    • v.22 no.8
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    • pp.274-287
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    • 2022
  • Competition in the broadcasting market is intensifying as OTT services are spreading. And Korea is positioned as a competent international contents supply base. This can be helpful for the domestic contents production industry. However, it can result in being incorporated as a subcontractor in the global video industry. Therefore, it is necessary for Korean OTT operators to expand their market upto overseas and maintain competitiveness by linking content competitiveness to the sales expansion. This study was conducted to reduce the risk and encourage implementation through feasibility analysis of overseas business of domestic OTT operators. The North American market was selected as a region with high potential through in-depth interviews with experts and literatures review. And it was confirmed that the partnership with local platform is effective. Then, the sales and input costs were estimated, and business was evaluated using the net present value method. Totally 18 scenarios were created using multiple estimates for copyright cost, subscribers, and rate, which are highly uncertain. From the analyses, 8 scenarios were found to be acceptable. And copyright cost has the greatest impact on business success, followed by rates and subscribers.

The Exploration of Intersectoral Convergence of Spatial Information Industry and Forecast of its Market Size (공간정보산업 융·복합부문 탐색 및 시장규모 전망 연구)

  • Kwon, Young-Hyun
    • Journal of Cadastre & Land InformatiX
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    • v.52 no.2
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    • pp.121-135
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    • 2022
  • The purpose of this study is to explore the convergence sector of the spatial information industry based on the business transaction data of spatial information companies and to predict the market size of the industry using the Seemingly Unrelated Regression(SUR) model. The convergence part of spatial information industry, which cannot be identified in the Spatial Data Industry Survey, was analyzed by exploring keywords related to spatial information using the business DB of Korea Enterprise Data (2010-2019). The convergence of spatial information businesses mainly appeared in the business relationship between the value chain between Seoul and Gyeonggi Province. The convergence business has the largest sales in the value chain 2 (utilization, service) & 3 (convergence), and also the convergence in the value chain 1 (production, construction) & 2, 2 & 3 stages has doubled in 2019 compared to 2010. In 2019, the total sales of the spatial information industry based on the Statistical Korea were announced at about 8 trillion won, but in this study, the total sales of the spatial information industry were estimated at 28 trillion won considering convergence activities. Finally, when scenario 1 (0.38% population growth, 2020-2024) and 0.07% (2026-2030) were applied using the SUR model to predict the expected market size of the industry, sales decreased by -0.37% to 0.069% in 2025 and 2030 by respectively. When scenario 2 (average wage growth 1.2%) was applied during the same period, sales in the industry increased by 2.326% to 12.185%. In other words, the sales in the spatial information industry depends on Labor, Total Factor Productivity, and Capital Productivity so it is necessary to additional research on policy development and alternatives of enhancing each productivity.

Innovation and Creativity in Business Practices

  • Venkatesh, Bharti;Qureshi, Shazia
    • Journal of Distribution Science
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    • v.10 no.4
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    • pp.7-11
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    • 2012
  • "Great things in business are never done by one person; they're done by a team of people." By Steve Jobs, 2003. As define by Linda Naiam - Creativity is the act of turning new and imaginative ideas into reality. Creativity involves two processes: thinking, then producing. Innovation is the production or implementation of an idea. If you have ideas, but don't act on them, you are imaginative but not creative. So in order to maintain the pace with the changing business scenario and coping with the competition Innovation and Creativity is considered a mandatory tool for a business to exist and grow in market. Whether a company is Employee centric or Business centric Innovation and creativity has to have its space in order to keep a business ahead of others in the Market. Also it's not just the competition which has led to the Innovation and Creativity in Business practices it's also the demanding chunk of consumers and customers who are aware and prefer maximum choices before making a final deal. Another reason as to why there is a change in business practices is the globalization of businesses where you need to rope in the Innovative ideas to launch and sustain in new market. There had been tremendous shift in business practices but to give a room to innovative ideas and implement that creativity need ample to space and vision along with an attitude where in you can resist for getting an immediate results from innovative business practices. Corporate Creativity is characterized by the ability to perceive the world in new ways, to find hidden patterns, to make connections between seemingly unrelated phenomena, and to generate solutions. Generating fresh solutions to problems, and the ability to create new products, processes or services for a changing market, are part of the intellectual capital that give a company its competitive edge. Creativity is a crucial part of the innovation equation. The innovation and creativity is not limited to any area of business, it can start from your waiting lounge to your board room meeting depending upon how the things are perceived and implemented for the betterment of people and business. The purpose of this research is to understand the latest creative business approaches and practices that organizations are following to be different from their competitors. Also this shift from generic business practices to the Innovative and Creative approach seems to take the business into new world. This approaches means starting from the bottom of the Pyramid and finally touching the pinnacles in Innovation and creativity. The paper will discuss on the various areas of business where in innovative approaches can be roped in and sets new bench mark altogether in the business arena.

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The Stimulus Factors Influencing Intention to Participate in Shopping during the Distribution of the 12.12 Online Shopping Festivals in Malaysia

  • MAHMUDDIN, Yasmin;ABDULLAH, Mazilah;RAMDAN, Mohamad Rohieszan;MOHD ANIM, Nur Aqilah Hazirah;ABD AZIZ, Nurul Ashykin;ABD AZIZ, Nurul Aien;YAHAYA, Rusliza;ABD AZIZ, Noreen Noor
    • Journal of Distribution Science
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    • v.20 no.8
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    • pp.93-103
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    • 2022
  • Purpose: Online shopping festivals have quickly become the newest trend in online shopping worldwide due to the COVID-19 pandemic. This has led to marketing distribution channels that traditionally emphasized traditional techniques having turned to electronic commerce platforms. Although the pandemic scenario encourages online purchasing, other factors, such as the influence of participation intention to shop during the Online Shopping Festival, must also be considered. Research design, data and methodology: Multiple linear regression analysis was used to test the hypothesis based on data from 121 respondents who are actively involved with online shopping activities in Klang Valley, Selangor. Results: The results of this study show that promotion categories and the perceived influence of mass participation have a significant influence on participation intention. Meanwhile, the perceived temptation of price promotion and perceived fun promotional activities did not significantly influence participation intention. Conclusions: Theoretically, this study contributes to the literature by using the Theory of Planned Behavior and Stimulus-Response models to explain the factors that drive participation intention for online shopping. In practice, this study attracts and encourages customers to shop during the festival day because various attractive promotions are offered by sellers in Malaysia.

Large-Scale Slope Stability Analysis Using Climate Change Scenario (2): Analysis of Application Results (기후변화 시나리오를 이용한 광역 사면안정 해석(2): 결과분석)

  • Oh, Sung-Ryul;Lee, Gi-Ha;Choi, Byoung-Seub;Lee, Kun-Hyuk;Kwon, Hyun-Han
    • Journal of the Korean Association of Geographic Information Studies
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    • v.17 no.3
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    • pp.1-19
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    • 2014
  • This study aims to assess the slope stability variation of Jeonbuk drainage areas by RCM model outputs based on A1B climate change scenario and infinite slope stability model based on the previous research by Choi et al.(2013). For a large-scale slope stability analysis, we developed a GIS-based database regarding topographic, geologic and forestry parameters and also calculated daily maximum rainfall for the study period(1971~2100). Then, we assess slope stability variation of the 20 sub-catchments of Jeonbuk under the climate change scenario. The results show that the areal-average value of safety factor was estimated at 1.36(moderately stable) in spite of annual rainfall increase in the future. In addition, 7 sub-catchments became worse and 5 sub-catchments became better than the present period(1971~2000) in terms of safety factor in the future.

Greenhouse Gas Reduction Scenario from LEAP Model Application to a University Campus-For Hanyang University Ansan Campus (LEAP 모델 적용을 통한 대학단위 온실가스 감축안 도출 - 한양대학교 안산캠퍼스 대상으로)

  • Park, Hyo-Jeong;Jung, Hye-Jin;Yi, Seung-Muk;Park, Jae-Woo
    • Journal of Korean Society of Environmental Engineers
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    • v.34 no.4
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    • pp.280-287
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    • 2012
  • The sources of greenhouse gases (GHG) at Hanyang University Ansan campus, including direct sources, indirect sources, and others, were investigated in order to establish the GHG inventory. Emission of GHG was calculated with the energy use from each source from 2007 and 2009. The indirect emission (56.7%) due to the electricity significantly contributed to total GHG emission. The scenario for the GHG reduction was designed for both campus administration and members. The reduction potential of GHG was simulated from 2007 to 2020 using Long-range Energy Alternatives Planning (LEAP) model. In case of GHG reduction scenario by campus administration, the GHG can be reduced by 63.34 ton $CO_{2eq}/yr$ for stationary combustion in the direct source, by 221.1 ton $CO_{2eq}/yr$ for mobile combustion in the direct source, and by 4,637.34 ton $CO_{2eq}/yr$ for lighting in the indirect source, compared to 2020 Business As Usual (BAU). In case of GHG reduction action scenario by campus members, the reduction potential of GHG was 1293.76 ton $CO_{2eq}/yr$. Overall, the total GHG emissions in 2020 by the both scenarios can be decreased by 24% compared to 2020 BAU.

Estimation of Greenhouse Gas Emissions (GHG) Inventory and Reduction Plans for Low Carbon Green Campus in Daegu University (저탄소 그린캠퍼스 조성을 위한 온실가스 인벤토리 구축 및 감축잠재량 분석 - 대구대학교를 중심으로)

  • Jeong, YeongJin;Li, KaiChao;Kim, TaeOh;Hwang, InJo
    • Journal of Korean Society of Environmental Engineers
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    • v.36 no.7
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    • pp.506-513
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    • 2014
  • The objective of this study is to establish the greenhouse gases (GHG) inventories and estimate the GHG reduction plans for Daegu University from 2009 to 2011. The annual average of GHG emissions in Daegu University was estimated to be 19,413 ton $CO_2$ eq during the study period. Emissions of electricity usage in Scope 2 most contributed about 55.4% of the total GHG emissions. Also, GHG emissions of Scope 2, Scope 1, and Scope 3 contributed 60.4%, 22.6%, and 17.0%, respectively. In order to estimate reduction potential of GHG, the Long-range Energy Alternatives Planning (LEAP) model was calculated using three scenarios such as sensor installation, LED replacement, and solar facility. The GHG will be reduced by 1,656 ton $CO_2$ eq for LED scenario, by 1,041 ton $CO_2$ eq for sensor scenario, and by 737 ton $CO_2$ eq for solar scenario compared to 2020 business as usual (BAU). Therefore, the total GHG emissions in 2020 apply three scenarios can be reduced by 15% compared with 2020 BAU.

Climate Change Impact Analysis of Urban Inundation in Seoul Using High-Resolution Climate Change Scenario (고해상도 기후시나리오를 이용한 서울지역 배수시스템의 기후변화 영향 분석)

  • Lee, Moon-Hwan;Kim, Jae-Pyo;Bae, Deg-Hyo
    • Journal of Korea Water Resources Association
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    • v.48 no.5
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    • pp.345-355
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    • 2015
  • Climate change impact on urban drainage system are analyzed in Seoul by using high-resolution climate change scenario comparing 2000s (1971~2000) with 2020s (2011~2040), 2050s (2041~2070) and 2080s (2071~2100). The historical hourly observed rainfall data were collected from KMA and the climate change scenario-based hourly rainfall data were produced by RegCM3 and Sub-BATS scheme in this study. The spatial resolution obtained from dynamic downscaling was $5{\times}5km$. The comparison of probability rainfalls between 2000s and 2080s showed that the change rates are ranged on 28~54%. In particular, the increase rates of probability rainfall were significant on 3, 6 and 24-hour rain durations. XP-SWMM model was used for analyzing the climate change impacts on urban drainage system. As the result, due to the increase of rainfall intensities, the inundated areas as a function of number of flooded manhole and overflow amounts were increasing rapidly for the 3 future periods in the selected Gongneung 1, Seocho 2, Sinrim 4 drainage systems. It can be concluded that the current drainage systems on the selected study area are vulnerable to climate change and require some reasonable climate change adaptation strategies.

The SOC Building Strategy Planning of North Korea through Analysis of Domestic and Foreign Case (국내·외 사례분석을 통한 북한 SOC 구축 지원 전략)

  • Jung, In-Su
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.12
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    • pp.692-700
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    • 2016
  • The study proposed a strategy for supporting North Korea's SOC construction in the future by reviewing domestic and foreign cases. According to the literatureanalysis, we developed a candidate list of technology for SOC of North Korea in terms of Construction Management / economy sectors. The category is North Korea SOC construction support, and the sub-category is North Korea SOC construction support program. The implementation procedures included the following six steps: Preparation, Support for Establishing Construction Industry Base, Support for Establishing Business Management Base, Support for HR Management Base, Business Model Establishment/Expansion, and Monitoring of Management Result. Lastly, we developed twenty-five candidates of detailed technology. In the future, it is necessary to decide a methodology for project implementation by each scenario after selecting a study area, and to develop a more specified scenario.