• Title/Summary/Keyword: Business-model

Search Result 10,158, Processing Time 0.047 seconds

Democratic Leadership Practice to Construct Clan Organizational Culture in Family Companies

  • FAKHRI, Mahendra;SYARIFUDDIN, Syarifuddin;WINARNO, Alex;NURNIDA, Ida;HANUM, Syarifa
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.1
    • /
    • pp.803-811
    • /
    • 2021
  • A family business is a company where most of its capital and the management position is owned by family members (clan). The leader plays an important role in defining an organization, thus influencing the organization's success. A leader who has a leadership style based on family (clan) relation has the facilitator's role when conflict appears within the organization. This research aims to find the impact of the democratic leadership model on a family business that adopts the clan cultural organization. The independent variable of this research is the democratic leadership model. Meanwhile, the dependent variable is the clan culture within the organization. This research uses a quantitative method with a descriptive and causality type of research. This research population is PT Global Avionika Indonesia staff, where the data was acquired by distributing questionnaires using a saturated sampling technique. The finding in this research shows a positive and significant impact of the democratic leadership model on the clan culture within the organization PT Global Avionika. The determination test also points out that democratic leadership models affect 19.8 percent of the clan culture within the organization, and the rest of 80.2 percent were affected by other factors that were not covered in this research.

The Design of Business Model Based on the Consumer Context of Social Commerce (소셜커머스의 소비자 컨텍스트를 기반한 비즈니스모델 설계)

  • Kim, Joon-Woo;Kim, Young-Ae;Shin, Ho-Kyun
    • The Journal of Information Systems
    • /
    • v.21 no.1
    • /
    • pp.93-116
    • /
    • 2012
  • Internet users' desire to share shopping experiences has resulted in the appearance of the paradigm shift called social commerce, which combines social media with commerce. However, while foreign market realizes social commerce in a various way, current domestic social commerce market still seems to be highly filled with social shopping sites offering 50 percent discount, thus causing concerns about market distortion from a cutthroat competition. In order to overcome the limitations of social commerce remaining in the early stage, and to enhance the communication among consumers, this study conducted an empirical study on the social-commerce business models design based on context. The results of the study brought the imaginary, optimal combination model by conjoint analysis, using the segmented group through cluster analysis. To overcome the uniformity of social commerce and to enhance communication among consumers, the context-based optimal combination model should be proposed as the alternative social commerce business model in the domestic market which remains as a simple group-purchase function. Furthermore, this study will be used as an informative reference designing customer oriented service model for social commerce business.

Business Model for Intelligent Traffic Facility Management Service Based on Ubiquitous Technology (유비쿼터스 기술 기반의 지능형 교통시설물관리서비스를 위한 비즈니스 모델)

  • Yu, Sung-Yeol
    • Journal of the Korea Society of Computer and Information
    • /
    • v.14 no.12
    • /
    • pp.41-53
    • /
    • 2009
  • In this paper, we propose the system structure and technologies to implement a business model for an intelligent traffic facility management system based on ubiquitous technology. The business model includes the service functions, service structure, business process, and demand and supply relationship among the participants in this model. We also propose an approach to implementing the model. This includes the network, infrastructure and platform to be used for system composition. We then present the results from an analysis by comparison of different technologies and an adequate technology structure. Finally, this paper may present guidelines to managing traffic facilities.

The Optimal Determination of the "Other Information" Variable in Ohlson 1995 Valuation Model

  • Bolor BUREN;Altan-Erdene BATBAYAR;Khishigbayar LKHAGVASUREN
    • East Asian Journal of Business Economics (EAJBE)
    • /
    • v.12 no.2
    • /
    • pp.1-7
    • /
    • 2024
  • Purpose: This study delves into the application of the Ohlson 1995 valuation model, particularly addressing the intricacies of the "Other information" variable. Our goal is to pinpoint the most suitable variables for substitution within this category, focusing specifically on the Mongolian Stock Exchange (MSE) context. Research design, data, and methodology: Employing data spanning from 2012 to 2022 from 60 MSE-listed companies, we conduct a comprehensive analysis encompassing both financial and non-financial indicators. Through meticulous examination, we aim to identify which variables effectively substitute for the "Other information" component of the Ohlson model. Results: Our findings reveal significant outcomes. While all financial variables within the model exhibit importance, certain non-financial indicators, notably the company's level and state ownership participation, emerge as particularly influential in determining stock prices on the MSE. Conclusions: This study not only contributes to a deeper understanding of valuation dynamics within the MSE but also provides actionable insights for future research endeavors. By refining key variables within the Ohlson model, this research enhances the accuracy and efficacy of financial analysis practices. Moreover, the implications extend to practitioners, offering valuable insights into the determinants of stock prices in the MSE and guiding strategic decision-making processes.

A Study on Prediction of Business Status Based on Machine Learning

  • Kim, Ki-Pyeong;Song, Seo-Won
    • Korean Journal of Artificial Intelligence
    • /
    • v.6 no.2
    • /
    • pp.23-27
    • /
    • 2018
  • Korea has a high proportion of self-employment. Many of them start the food business since it does not require high-techs and it is possible to start the business relatively easily compared to many others in business categories. However, the closure rate of the business is also high due to excessive competition and market saturation. Cafés and restaurants are examples of food business where the business analysis is highly important. However, for most of the people who want to start their own business, it is difficult to conduct systematic business analysis such as trade area analysis or to find information for business analysis. Therefore, in this paper, we predicted business status with simple information using Microsoft Azure Machine Learning Studio program. Experimental results showed higher performance than the number of attributes, and it is expected that this artificial intelligence model will be helpful to those who are self-employed because it can easily predict the business status. The results showed that the overall accuracy was over 60 % and the performance was high compared to the number of attributes. If this model is used, those who prepare for self-employment who are not experts in the business analysis will be able to predict the business status of stores in Seoul with simple attributes.

Qualitative Simulation on the Dynamics between Social Capital and Business Performance in Strategic Networks

  • Kim, Dong-Seok;Chung, Chang-Kwon
    • Journal of Distribution Science
    • /
    • v.14 no.9
    • /
    • pp.31-45
    • /
    • 2016
  • Purpose - This study develops a simulation model that looks at the dynamics between social capital and business performance in strategic networks to understand their behaviors in relation to each other, and to suggest dynamic relationship strategies. Research design, data, and methodology - Based on existing literature, this study identifies the complex causal loop diagram on social capital and business performance in strategic networks, and converts them into a simulation model for observing how the changes in business environment and relationship dependency affect social capital and business performance. Results - The simulation results showed that, first, the formation in social capital and business performance of networks with low relationship dependency was less affected by the changes in business environment. Second, the formation in social capital and business performance of networks with high relationship dependency was negatively impacted by the changes in business environment. In other words, higher relationship dependency strengthened the impact of changes in business environment on business performance. Conclusions - Thus, this study confirmed that in strategic networks, the changes in business environment and the degree of relationship dependency dynamically affect business performance, and that relationship dependency mediates the degree in which changes in the business environment affect business performance. The results of the simulations were further verified through actual business cases.

A mechanism for Converting BPMN model into Feature model based on syntax (구조 기반 BPMN 모델의 Feature 모델로 변환 기법)

  • Song, Chee-Yang;Kim, Chul-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.17 no.1
    • /
    • pp.733-744
    • /
    • 2016
  • The legacy methods for converting a business model to a feature model make it difficult to support an automatic transformation due to a dependence on a domain analyzers' intuitions, which hinders the feature oriented development for the integration of feature modeling in business modeling. This paper proposes a method for converting a BPMN business model into a feature model based on syntax. To allow the conversion between the heterogeneous models from BPMN to the FM(Feature Model), it defines the grouping mechanism based activities' syntax, and then makes translation rules and a method based on the element (represent business function) and structure (relationships and process among elements), which are common constructs of their models. This method was applied to an online shopping mall system as a case study. With this mechanism, it will help develop a mechanical or automated structure transformation from the BPMN model to the FM.

Offline Trust, Online Trust, and Perceived Cost: Their Relations and Impacts on the Intention to Use Online Banking

  • Kim, Tae-Woo;Kim, Jae-Young;Lee, Jae-Nam
    • 한국경영정보학회:학술대회논문집
    • /
    • 2007.11a
    • /
    • pp.533-538
    • /
    • 2007
  • Since the Internet has been widespread all over the world, it has been getting more popular. Almost every bank that runs offline business has its own Web site to provide online banking service. In this study, we developed a research model based on the Technology Acceptance Model (TAM). We added the concepts of trust and cost to evaluate our model because trust is a major concept in adopting online service, and cost is one of the main strategies to attract customers to use online banking service. To see the validation of the model, we used partial least squares (PLS). A survey was done to gather data. The result was drawn from the model test, and we discuss it and conclude the study.

  • PDF

The effect of advertising on sales -Considering aggregated data bias-

  • Song, Tea-Ho;Yuan, Xina;Kim, Ji-Yoon;Kim, Sang-Yong
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2008.10a
    • /
    • pp.319-323
    • /
    • 2008
  • "How does advertising affect sales?" is the fundamental issue of modern advertising research. There is an interesting issue for estimating carry over effects of advertising on sales, and the aggregated data biases exist in the duration of advertising effect. This research suggests a modified model at micro-data using Koyck model (Koyck 1954) by estimated model the aggregate data, and empirically shows the aggregated data bias. Our modified model with the aggregated level of actual data is more appropriate than the base model for micro-data. The result shows that it is very important to consider the disaggregated data level in the analysis of dynamic effects of adverting such as lagged effects.

  • PDF

Research about business model by personal shop (Personal shop에 의한 비즈니스 모델에 관한 연구)

  • 노형진;정한열
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2001.11a
    • /
    • pp.51-57
    • /
    • 2001
  • Electronic commerce talks that is new economy paradigm to guide 21th century. To corporations are not turned over in new business environment, is situation that is introducing electronic commerce actively. But, model who take advantage of extensity, patency of internet maximum than simple business model that do existing of(-line on-line Tuesday is going to be more suitable model in electronic commerce. This Research is plan with customer more actively in passive operation that desire goods purchase supplying goods information to customer simply and can speak as business model that drive customer participation for display of goods and operation whole of sale.

  • PDF