• Title/Summary/Keyword: Competitive Pressure

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Effects of pressure during the synthesis of petroleum pitch precursors in open and closed systems

  • Choi, Jong-Eun;Ko, Seunghyun;Kim, Jong Gu;Jeon, Young-Pyo
    • Carbon letters
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    • v.25
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    • pp.95-102
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    • 2018
  • We examined the pressure effects on petroleum pitch synthesis by using open and closed reaction systems. The pressure effects that occur during the pitch synthesis were investigated in three pressure systems: a closed system of high pressure and two open systems under either an atmosphere or vacuum. A thermal reaction in the closed system led to the high product yield of a pitch by suppressing the release of light components in pyrolysis fuel oil. Atmospheric treatment mainly enhanced the polymerization degree of the pitch via condensation and a polymerization reaction. Vacuum treatment results in a softening point increase due to the removal of components with low molecular weights. To utilize such characteristic effects of system pressure during pitch preparations, we proposed a method for synthesizing cost-competitive pitch precursors for carbon materials. The first step is to increase product yield by using a closed system; the second step is to increase the degree of polymerization toward the desired molecular distribution, followed by the use of vacuum treatment to adjust softening points. Thus, we obtained an experimental quinoline insolubles-free pitch of product yield over 45% with softening points of approximately $130^{\circ}C$. The proposed method shows the possibility to prepare cost-competitive pitch precursors for carbon materials by enhancing product yield and other properties.

Factors Affecting the Application of Managerial Accounting in Small and Medium-Sized Enterprises in Vietnam

  • NGUYEN, Co Trong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.9
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    • pp.313-319
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    • 2021
  • The article analyzes the impact of factors affecting the use of management accounting in small and medium-sized firms in Vietnam, which adds to the empirical evidence on these factorsThe survey results collected 328 questionnaires using a questionnaire survey of managers at all levels, chief accountants, and accountants of 89 small and medium firms in Vietnam. Some questionnaires were invalid due to many blank cells, hence the author chose to use 315 questionnaires. Quantitative research was carried out with SPSS 25 software. Research results show that five factors have a positive influence on the application of management accounting including Competitive pressure, Decentralization of responsibility, Application of information technology, the level of interest of managers, and the quality of human resources, in which the application of information technology and competitive pressure are the factors that have the strongest influence on the application of management accounting in small and medium enterprises in Vietnam. Based on the findings of the study, the author has proposed recommendations to help small and medium-sized businesses improve their ability to successfully apply management accounting techniques, thereby improving their competitiveness and efficiency performance and contributing to the long-term sustainability of their businesses.

Social Media Adoption: Small and Medium-sized Enterprises' Perspective in Sri Lanka

  • SAMSUDEEN, Sabraz Nawaz;THELIJJAGODA, Samantha;SANJEETHA, Mohamed Buhary Fathima
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.759-766
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    • 2021
  • In this digital age, all organizational environments force businesses to adopt Information and Communication Technologies (ICT) since these technologies have immense impact on such businesses' competitiveness and productivity. Nonetheless, the productivity and the competitiveness enjoyed by such firms vary depending on the size or the organizations, context of the country; developing or developed, and what kinds of technologies are adopted. This investigation focused on small- and medium-sized enterprises (SMEs) of Eastern province of Sri Lanka where such studies are scanty. The adoption of social media (SM) by SMEs is inclined to change how organizations operate, this calls for an investigation of the elements that impact SMEs to adopt SM and such investigation. Technology-Organization-Environment (TOE) framework was based to understand the factors. Research approach was quantitative approach using questionnaire survey. Data were collected using online form to see 285 valid responses. Structural Equation Modelling was deployed to evaluate the proposed model. Results revealed that Relative Advantage, Compatibility, Complexity, Observability, Competitive Intensity, Bandwagon Pressure, and Competitive Pressure were influencing, while Trialability, Top Management Support, CEO's Innovativeness did not show statistically significant influence on SMEs' social media adoption.

Effects of Entrepreneur Characteristics and Software Innovativeness on Performance of Software Company: The Moderating Effects of Institutional Pressure (기업가 특성이 소프트웨어 혁신성 및 기업성과에 미치는 영향과 제도적 압력의 조절효과)

  • Choi, Moonjong;Lee, Dongman
    • The Journal of Information Systems
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    • v.22 no.4
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    • pp.23-48
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    • 2013
  • This study shows that a sustainable competitive advantage and entrepreneurial characteristics are necessary for a software company to achieve competitive innovation and growth. This study investigates various software company characteristics and the effects of various company factors as its main research objectives. The data used in this research model were collected from software companies in South Korea. A total of 211 questionnaires were collected over a period of two months in 2013. EXCEL, AMOS, and SPSS were used to derive the study results. The hypothesis testing results of this study are as follows. First, a software company's entrepreneurial innovativeness and risk-taking behaviors have a positive influence on software innovativeness. A greater sense of innovativeness and entrepreneurial orientation leads to a higher propensity to take risks in software development. Second, the characteristics of software innovativeness, and flexibility have a significant influence on software company performance. Innovation during the initial periods of software usage can create a high demand for improvements and new features, requiring a flexible software design. Finally, this study analyzes the software features of entrepreneurial characteristics and the influence of institutional factors on the characteristics of individual innovativeness and software development. Entrepreneurial characteristics can affect governmental or institutional support, policies, and legal frameworks to promote the role of software innovativeness. The results of this study imply that software companies can adopt an entrepreneurial approach to promote technology development and product development for achieving a competitive advantage in the industry. This study also analyzes the environmental factors that affect the software industry and their implications for policy makers.

Risk-Taking Decisions with Major IS Investment;System Downsizing Case

  • Shim, Seon-Young;Lee, Byung-Tae
    • 한국경영정보학회:학술대회논문집
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    • 2007.06a
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    • pp.339-344
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    • 2007
  • In the cut-throat competitive environment of business, large-scale IS investment is becoming inevitable strategic necessity for gaining competitive advantage. However. it bears great deal of risk over all the associated processes so that the investment decisions need to be taken in a greatly careful manner. Nonetheless, Korean organizations are prominently showing risk taking behaviors regarding major is investment, in terms of system downsizing. Although decision theory argues decision makers' rational choice of options through the assessment of risk and benefit, the notable trend toward system downsizing in Korea defies common understandings on IS project risk. Furthermore, it encourages us to investigate many impenetrable characteristics underlying organizational risk taking decisions with IS investment. We found out that there is Significant effect of IS decision makers' risk propensity when they make system downsizing decisions. Moreover. we Identified that IS decision makers do not get a strong pressure of cost savings and have tendencies to mimic competitor's decisions.

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An Assessment of Local Market Power and Bid Cap Under Uniform Pricing Scheme (Uniform Pricing하에서의 지역적 완화방안으로서의 Bid Cap)

  • 신영균;김발호;전영환
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.52 no.10
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    • pp.610-615
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    • 2003
  • With the growing competitive pressure from market participants, utilities, consumer and government, analyses of existing competitive electricity market become more important. The presence of congestion in the transmission system can significantly increase the potential of exercising market power. Since the congestion in the network depends on the several factors, the market power cannot be simply analyzed through the existing indices. This paper presents a systematic analysis on local market power under uniform pricing scheme and provides determining approach of the level of price cap as mitigation measure of the strategic market power.

An Assessment of Local Market Power with Strategic Behaviour under Uniform Pricing (Uniform Pricing하에서의 전략적 행동을 통한 지역적 시장지배력 행사 및 평가)

  • Shin, Young Gyun;Kim, Bal-Ho H.;Chun, Yeong-Han
    • Proceedings of the KIEE Conference
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    • 2002.11b
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    • pp.101-104
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    • 2002
  • With the growing competitive pressure from market participants, utilities, consumer and government, analyses of existing competitive electricity market become more important. The presence of congestion in the transmission system can significantly increase the potential of exercising market power. Since the congestion in the network depends on the several factors. the market power cannot be simply analyzed through the existing indices. This paper presents a systematic analysis on local market power under uniform pricing scheme and provides some mitigation of the strategic market power.

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A Collaborative Engineering Based System Supporting Product Development Process (협업공학 기반의 제품개발 지원 시스템)

  • Park H. S.;Choi H. W.;Lee G. B.
    • Korean Journal of Computational Design and Engineering
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    • v.9 no.4
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    • pp.387-396
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    • 2004
  • In order to keep and increase a competitive potential, industrial enterprises have to reduce their costs for product development as well as shorten lead time in product development processes. Moreover they have to respond to market factors and conditions such as increasing demands for functionality and individuality of products, short product life cycles, high pressure on prices and time to market. The improved functional requirement in connection with high time and cost pressure lead to high risk in product development. Technological fine improvements in connection with high time and cost pressure lead to high development risk. To cope with these challenges many enterprises have to collaborate globally. The collaborative engineering in product development is aimed to create distributed collaborative corporations and to facilitate the management of design conflicts. This paper provides a methodology for analyzing collaborative design process as well as the tools and the framework to support collaborative product development. The methodology can identify the interdependences among design tasks and teams. The tools and framework are implemented to facilitate the management of product development process.

A Study on Insulation Property of VPI Type Generator Stator Winding Through the Case Analysis of Insulation Breakdown (절연파괴 사례분석을 통한 진공함침 방식 발전기 고정자권선의 절연특성 연구)

  • Kong, Tae-Sik
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.59 no.3
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    • pp.311-316
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    • 2010
  • According to increase of combined cycle power generation, the manufacturing market of gas turbine generator has become more competitive, so there is high pressure on the manufacturer to reduce generator price. Global VPI(vacuum pressure impregnation) method is effective to save the production cost and time for manufacturing stator windings, but it has an abrasion problem by vibration between stator windings and slots. This paper presents the insulation breakdown case, which is for VPI type generator during high voltage insulation tests, and also shows the cause analysis, repair works as well as reliability test. the purpose of this paper is to understand the insulation properties of VPI type generator and to know prevention of insulation weakness.

Commercial Development of a High Pressure Turbo Blower "Greenpressor" (고압 터보 Blower "Greenpressor" 개발)

  • Choi, Moon;Petrosyants, Vartan;Zakharova, Natalia
    • 유체기계공업학회:학술대회논문집
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    • 2003.12a
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    • pp.323-323
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    • 2003
  • Many recent development activities suggest the possibility of a high-speed turbo(centrifugal) compressor or blower for the industrial application of compressed air supplying system when used with the most advanced high-speed motor, inverter technology, and advanced bearing for high rotational speed. The problems to be overcome are of reliability, the application of mass production methods, cost effective manufacture and competitive running costs. This presentation is not focused on a specific technology advances but on an overall review of our recent experiences while we have developed the high pressure turbo blower for the commercial purpose.

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