• Title/Summary/Keyword: Competitive markets

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A Study on Retail Competition Structure in Traditional Market (전통시장 내 소매업 경쟁구조에 관한 연구)

  • Lee, Chul-Sung;Kim, Young-Ki;Kim, Seung-Hee
    • Journal of Distribution Science
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    • v.16 no.6
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    • pp.55-63
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    • 2018
  • Purpose - Our Research is a study on the competition structure between retailers in traditional markets. Specifically, this study examined the effects of SSM, commodity supply store, Hanaro mart, food mart and other mart in traditional markets on retail stores of small businesses. The purpose of this study is to provide a solution to the market encroachment of large retailers in traditional markets. Research design, data, and methodology - This study is based on the data of 'Market Survey of Traditional Market·Shopping Mall and Store Management in 2016' and 'Current status of SSM(Super SuperMarket), commodity supply store, Hanaro mart, food mart and other mart in the traditional market in 2017' conducted by Small Enterprise and Market Service. In this study, a multiple regression equation was constructed using the number of SSM, commodity supply store, Hanaro mart, food mart and other mart as an independent variable and sales, number of customers as a dependent variable for analysis. Results - The increase of SSM and commodity supply stores in the traditional market affects the sales decrease of the surrounding small merchants in the traditional market. This means that the SSM and commodity supply stores can lead to the decline of the traditional market. However, it has been found that the penetration of these companies in traditional markets does not affect the number of visitors. Second, Hanaro mart's entry into the traditional market has a negative impact on the sales and visitor numbers of the surrounding small-scale merchants. The increase in the number of food mart has a significant effect on the sales and the number of visitors to the small stores. The results of this study indicate that the food mart can contribute to the revitalization of traditional markets. Lastly, other mart with more than medium size were found to affect the sales of small stores, the number of visitors. Conclusions - We examines the competitive structure among retailers in traditional markets. The penetration of large retailers in traditional markets has a negative impact on traditional markets, particularly Hanaro mart has a greater impact than SSM. We provide practical and theoretical implications for the retail competition structure in traditional markets.

The New Paradigm of Management in Design Organization: The Reality of Bottom-line Effectiveness in Design Organization's Management Needs

  • Choi, Seung-Pok
    • International Journal of Contents
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    • v.7 no.4
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    • pp.90-97
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    • 2011
  • This study identifies how management theory and philosophy work in conjunction with and support one another as both are critical to understanding leadership concepts and viewing the design organization holistically in terms of organizational behavior and performance. This paper analyses data from an in-depth single-case study at management in interior design organization in Korea. Two new 'most efficient and effective way' to achieve the goals of the design organization has been launched. The first was organizational behavior and performance, and the second a needed new paradigm of management skills. Organizational culture affects organizational effectiveness in design because it can (a) provide an organization with a competitive advantage, (b) improve the way an organizational structure works, and (c) increase the motivation of designers to pursue organizational interests. Moreover, the result of research creates paradigm of thinking that how leaders in the design organization need to focus on innovative and strategic systems to gain competitive advantage and enter global markets; a key inter-organizational cooperation strategy to achieve a targeted goal.

The Effects of Spot Pricing for the Change of the Electric Power Demand Based the Demand Elasticity (수요 탄력성에 따른 전력수요의 변화가 현물가격에 미치는 영향)

  • 김문영;백영식;송경빈
    • Journal of Energy Engineering
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    • v.11 no.2
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    • pp.142-148
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    • 2002
  • The variations of real time electric price in competitive electricity markets have influence on electric power demands of the consumers. Residential, commercial, and industrial consumers with different characteristics cause the different price elasticity of the demand due to changing the pattern of consumption. Therefore, this paper analyze the effects of spot pricing for the change of the electric power demand based on the demand elasticity of each loads in competitive electricity market.

Systematic Analysis of Ginseng-focused Research Worldwide (국내외 인삼연구동향에 대한 분석 및 고찰연구)

  • Park, Hye-Jung;Son, Chang-Gue
    • The Journal of Korean Medicine
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    • v.29 no.1
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    • pp.60-66
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    • 2008
  • Objective : To construct a comprehensive understanding of thepharmaceutical efficacies of ginseng, then build a basis for a research strategy for development of Korean ginseng as a globally-competitive medical product. Methods : Surveying literature, we found 1690 ginseng-focused papers in Pub-Med. Analysis of was done of number of reports according to date, nation, components of Panax ginseng, research methods, and effects of ginseng. Results : The main countries contributing toginseng research are China, Korea, Japan and America. Recently, ginseng-related studies have been increasing, and individual compounds from ginseng or its products rather than ginseng itself are subjects for study. Anti-cancer associated or neuroprotective effects showed priority in therapeutic efficacy. Panax ginseng was the focus of around 60% of all ginseng-related studies, but only 22% of them were done in Korea. Conclusion :This review will help Korean doctors or scientists to systematically understand ginseng as a powerfulherbal medicine, and to develop Korean ginseng as a globally competitive drug in world markets.

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Proposals for Creating Global Brand and Factitious Market Demand for Robots establishing Robot Theme Park (로봇테마파크 구축을 통한 글로벌 브랜드 및 로봇수요창출 방안)

  • Ryuh, Young-Sun
    • The Journal of Korea Robotics Society
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    • v.2 no.4
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    • pp.346-352
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    • 2007
  • As the new industry of this 21centuries, theme park is the important position to the front leader countries as a new growth engine due to its industrial-economical and cultural-social effect. While domestic theme park industries show lower competitive position with global theme park in aspect of management and qualities and have weak brand power. The global situation of present service robot industry of the world is the beginning stage and the time for strengthening competitive position and the best opportunity becoming global leader of world markets by prior occupation through provision of factitious market creating big demand. Robot theme park is possibile to provide such big demand of various robot and this paper present of ideas for robot theme park.

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A study on long-term capacity procurement mechanism in electricity markets (전력시장에서 장기적 용량확보 메커니즘에 관한 연구)

  • Lee, Seung-Hyun;Chung, Koo-Hyung;Han, Seok-Man;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2006.07a
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    • pp.398-399
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    • 2006
  • The procurement of generation and transmission/Distribution capacity in vertically-integrated electric industry is sufficient by facility construction in suitable time. However, the introduction of competitive electricity market increase the efficiency of availability for facilities and fuels. As a result, long-term capacity procurement is required for stable demand-supply balance since it is expected to maintain their generation capacity at a minimum for profit maximization. In this paper, a new long-term capacity procurement mechanism is proposed, which is able to assure supplemental contribution in competitive electricity market.

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The impact of TGV on the mobility (TGV의 개통효과 : 유동성 변화를 중심으로)

  • Lee Kyung-Chul
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.375-379
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    • 2004
  • The purpose of this study is to analyze the evolution of mobility after the commercial opening of french TGV through an examination on the precedent studies. The result of this study is as follows: Firstly, the TGV is competitive against the airplanes and automobiles within the 2 or 3 hours' service area, especially in the business trip markets. But in the recreational trips over this service area, 3 or 4 hours, the TGV remains as an important mode of transportation. Secondly, in a range within approximately 200 km, 1 hour by TGV, the french high speed train is not competitive against the automobiles by the lack of flexibility and commodity which are normally providing by the automobiles. This study shows the importance of permanent monitoring system on the KTX travellers' behavior to strengthen the market share of KTX.

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An Empirical Study on the Leadership for Successful Knowledge Management Systems Development (성공적인 지식관련시스템 구축을 위한 리더십에 관한 연구)

  • Lee, Byung-Ku;Lee, Kyung-Hwan;Kim, Jong-Weon
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.5
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    • pp.86-97
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    • 2006
  • Many organizations are operating knowledge management(KM) for their competitive advantage in dynamically changeable markets. To support KM successfully, they are considerably investing in knowledge management systems(KMS) development. By using KMS, organizations can lead to the improvement of their employees' knowledge level and the removal of inefficient tasks, consequently resulting in their competitive edge. On the basis of the power process perspective, this study investigates the CEO leadership and its organization's performance for successful development of KMS.

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Efficiency of the Emission Trading Scheme in Imperfectly Competitive Markets (불완전경쟁시장에서의 배출권 거래제도의 효율성)

  • Yoon, Kyoung-soo
    • KDI Journal of Economic Policy
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    • v.34 no.2
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    • pp.173-204
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    • 2012
  • This study examines the equilibrium investment on the pollution abatement when firms are facing Cournot competition in the output market while the pollution permit market is perfectly competitive. Unlike standard perfect competition scenario, the abatement investment delivers an indirect effect in which it reduces other firms' equilibrium output. Consequently, compared with the socially optimal level, overinvestment arises. I also overview the potential inefficiencies that imperfect market structure induces under the emission trading scheme, presenting policy implications.

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The effects of spot pricing for the change of the electric power demand based the demand elasticity (수요 탄력성에 따른 전력수요의 변화가 현물가격에 미치는 영향)

  • Kim, Moon-Young;Baek, Young-Sik;Song, Kyung-Bin
    • Proceedings of the KIEE Conference
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    • 2001.07a
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    • pp.524-526
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    • 2001
  • The variations of real time electric price in competitive electricity markets have influence on electric power demands of the consumers. Residential, commercial, and industrial consumers, with different characteristics cause the different price elasticity of the demand due to changing the pattern of consumption. Therefore, this paper calculate the elasticity of each loads and analysis the effects of electric power demands and spot pricing as a function of elasticity in competitive electricity market.

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