• Title/Summary/Keyword: Corporate Power

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Mechanical Properties of Alpha-Calcium Sulfate Hemihydrate Replaced Concrete for Application to Box Culvert Power Transmission (전력구 콘크리트 구조물 적용을 위한 알파형 반수석고 치환 콘크리트의 역학적 특성)

  • Shin, Kyoung-Su;Kim, Gyu-Yong;Sung, Gil-Mo;Woo, Sang-Kyun;Chu, In-Yeop;Lee, Bo-Kyeong
    • Journal of the Korea Institute of Building Construction
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    • v.19 no.1
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    • pp.1-7
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    • 2019
  • This study evaluated the mechanical properties of the alpha-calcium sulfate hemihydrate replaced concrete to reduce the cracking in a box culvert power transmission. After setting the replacement ratio of alpha-calcium sulfate hemihydrate at 0, 6, 9, 12, and 15%, the setting time, compressive strength, and drying shrinkage were measured and the microstructure and crystal structure were analyzed. As a result, it was confirmed that as the replacement ratio of alpha-calcium sulfate hemihydrate increased, the setting time decreased and the compressive strength declined. On the other hand, when the alpha-calcium sulfate hemihydrate was set with 15% of replacement ratio, about 60% reduction in the drying shrinkage was shown compared to that of ordinary Portland cement. Therefore, it is thought that when the concrete replacing the alpha-calcium sulfate hemihydrate is applied to a box culvert power transmission, the cracking reduction performance will be improved, and the improvement of compressive strength will be required.

Process Governance Meta Model and Framework (프로세스 거버넌스 메타모델과 프레임워크)

  • Lee, JungGyu;Jeong, Seung Ryul
    • Journal of Internet Computing and Services
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    • v.20 no.4
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    • pp.63-72
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    • 2019
  • As a sub-concept of corporate or organization governance, business governance and IT governance have become major research topics in academia. However, despite the importance of process as a construct for mediating the domain between business and information technology, research on process governance is relatively inadequate. Process Governance focuses on activities that link business strategy with IT system implementation and explains the creation of corporate core values. The researcher studied the basic conceptual governance models of political science, sociology, public administration, and classified governance styles into six categories. The researcher focused on the series of metamodels. For examples, the traditional Strategy Alignment Model(SAM) by Henderson and Venkatraman which is replaced by the neo-SAM model, organizational governance network model, sequential organization governance model, organization governance meta model, process governance CUBE model, COSO and process governance CUBE comparison model, and finally Process Governance Framework and etc. The Major difference between SAM and neo-SAM model is Process Governance domain inserted between Business Governance and IT Governance. Among several metamodels, Process Governance framework, the core conceptual model consists of four activity dimensions: strategic aligning, human empowering, competency enhancing, and autonomous organizing. The researcher designed five variables for each activity dimensions, totally twenty variables. Besides four activity dimensions, there are six driving forces for Process Governance cycle: De-normalizing power, micro-power, vitalizing power, self-organizing power, normalizing power and sense-making. With four activity dimensions and six driving powers, an organization can maintain the flexibility of process governance cycle to cope with internal and external environmental changes. This study aims to propose the Process Governance competency model and Process Governance variables. The situation of the industry is changing from the function-oriented organization management to the process-oriented perspective. Process Governance framework proposed by the researcher will be the contextual reference models for the further diffusion of the research on Process Governance domain and the operational definition for the development of Process Governance measurement tools in detail.

Improvement of the Throwing Power (TP) and Thickness Uniformity in the Electroless Copper Plating (무전해 동도금 Throwing Power (TP) 및 두께 편차 개선)

  • Seo, Jung-Wook;Lee, Jin-Uk;Won, Yong-Sun
    • Clean Technology
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    • v.17 no.2
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    • pp.103-109
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    • 2011
  • The process optimization was carried out to improve the throwing power (TP) and the thickness uniformity of the electroless copper (Cu) plating, which plays a seed layer for the subsequent electroplating. The DOE (design of experiment) was employed to screen key factors out of all available operation parameters to influence the TP and thickness uniformity the most. It turned out that higher Cu ion concentration and lower plating temperature are advantageous to accomplish uniform via filling and they are accounted for based on the surface reactivity. To visualize what occurred experimentally and evaluate the phenomena qualitatively, the kinetic Monte Carlo (MC) simulation was introduced. The combination of neatly designed experiments by DOE and supporting theoretical simulation is believed to be inspiring in solving similar kinds of problems in the relevant field.

The Effect of Control-Ownership Disparity on Cost Stickiness

  • Chae, Soo-Joon;Ryu, Hae-Young
    • Journal of Distribution Science
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    • v.14 no.8
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    • pp.51-57
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    • 2016
  • Purpose - If control-ownership disparity is large, managers will not actively reduce costs; rather, they will maintain unutilized resources or possess surplus resources even when sales decrease with the purpose of increasing personal utility from status, power, compensation, and prestige. These managers' utility maximizing tendencies cause cost stickiness. We examine whether asymmetric behavior related to costs becomes stronger when there is a large disparity between ownership and control rights. Research design, data, and methodology - We construct a regression model to examine the relationship between control-ownership disparity and cost stickiness. STICKY, a dependent variable representing cost stickiness is a value found using the method of Weiss (2010), and Disparity is an interest variable that shows control-ownership disparity. Results - This study is based from the unique situations in Korea, in which high control-ownership disparity is common in firms. Large control-ownership disparity was found to increase cost stickiness of corporations. Conclusions - The results of this study imply that controlling shareholders may be regarded as a threat to the interests of minority shareholders and corporate values especially when controlling shareholders have significant influence over managers or the power to make managerial decisions as owners of a corporation.

Corporate Marketing Strategy Using Social Media: A Case Study of the Ritz-Carlton Seoul

  • Lee, Jung Wan;Kwag, Michael
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.1
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    • pp.79-86
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    • 2017
  • With the increasing trend of popularity of websites and social networking sites, it is quite evident that companies need to take cautionary measures in protecting the reputations with respect to company and brands. In this process, every company should indulge in enhancing their company and brand image through websites and social networking sites that fortify the bonding nature among them. The always-on nature of websites and social networking sites has contributed to their phenomenal marketing power and altered the balance of power between consumers and firms. Websites and social networks are used by hundreds of millions of people to communicate about a huge range of topics, including personal interests, activities, social events and even public issues. The paper explores a case study of the Ritz-Carlton hotel for their marketing strategy and organizational use of their website and social media in communicating with their customers. Even for the normal luxury traveler who would not have previously used the Internet to research a hotel or make a reservation, ritzcarlton.com is making it possible for them to do so in a sense of the luxury and typical Ritz-Carlton style. It seems to be a staple of the company for years to come.

The Impact of Brand Diversification on Firm Performance: A Study Restaurant Firms (외식기업의 브랜드 다각화가 수익성에 미치는 영향에 관한 연구)

  • Min, Ha-Na;Kim, In-Jung;Choi, Kyu-Wan
    • Journal of the Korean Society of Food Culture
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    • v.29 no.6
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    • pp.593-598
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    • 2014
  • Brands play a critical role as a core asset and the primary driver for corporate growth because of their power of identity and influence on customers' perceptions in restaurant industry. However, in spite of diverse and dynamically changing recent brand portfolio strategies of restaurants, a study on the effect of brand diversification on financial performance has been rarely conducted in the restaurant industry context. Considering competing viewpoints regarding diversification's influence on financial performance, the purpose of this study is, therefore, to examine the effect of brand diversification on firm performance of restaurants. The results indicated that brand diversification is positive effect to profitability. Brand diversification seems to be attractive and might be a reasonable growth strategy to expand market power by satisfying diverse consumer needs. Therefore, restaurant managers should be consider in implementing brand diversification strategy especially in dynamically changing trend of brand diversification in the current restaurant industry.

Comparative Economic Analysis of RE100 Implementation Methods in South Korea (국내 RE100 이행방안의 경제성 비교분석 연구)

  • An, Sang Hyo;Woo, JongRoul
    • Current Photovoltaic Research
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    • v.10 no.2
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    • pp.62-71
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    • 2022
  • The Global RE100 campaign is a one of the voluntary campaign, but it has a lot of influence on domestic companies that have not yet joined the Global RE100. Accordingly, the Korean government introduced the Korean RE100 (K-RE100) system to prepare an institutional mechanism for domestic companies to respond to RE100. However, in Korea, due to the high LCOE of renewable energy and institutional limitations of the power transaction system, there is a limit for companies to implement RE100 in various ways. Therefore, in this study, the implementation cost of RE100 for green tariff, REC purchase, third-party PPA, direct(or corporate) PPA, and self-generation was compared and analyzed to derive the order of implementation with the net present value (NPV) of costs incurred over 20 years. As a result, self-construction was analyzed as the most economical method, but the implementation through the green tariff seemed to be the most realistic implementation method so far. However, considering the gradually falling LCOE, third-party PPA and direct PPA could be secured competitiveness against green tariff in 2025 and 2026. Then it could allow the companies to have various portfolios for implementation of RE100.

Evaluation of High Temperature Particle Erosion Resistance of Vanadium-Boride Coating (Vanadium-Boride코팅의 고온 내입자침식성 평가)

  • Lee, E.Y.;Kim, J.H.;Jeong, S.I.;Lee, S.H.;Eum, G.W.
    • Corrosion Science and Technology
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    • v.14 no.2
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    • pp.76-84
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    • 2015
  • The components in ultra super critical (USC) steam turbine, which is under development for high efficient power generation, are encountering harsher solid particle erosion by iron oxide scales than ones in the existing steam turbines. Therefore, the currently used boride coating will not be able to hold effective protection from particle erosion in USC system and should be replaced by new particle erosion resistant coatings. One of the best protective coatings developed for USC steam turbine parts was found to be vanadium-boride (V-boride) coating which has a hardness of about 3000 HV, much higher than that of boride, 1600~2000 HV. In order to evaluate particle erosion resistance of the various coatings such as V-boride, boride and Cr-carbide coatings at high temperature, particle erosion test equipments were designed and manufactured. In addition, erosion particle velocity was simulated using FLUENT software based on semi-implicity method for pressure linked equations revised (SIMPLER). Based on experimental results of this work, the vanadium-boride coating was found to be superior to others and to be a candidate coating to replace the boride coating.

Analysis of Relationship between Knowledge Management Level and Management Performance in SMB (중소기업에서의 지식경영수준과 경영만족도와의 관계 분석)

  • Hong, Hyun-Gi
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.5
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    • pp.1446-1452
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    • 2008
  • Recently many Company are investing time and money in the implementation of the Knowledge Management System (KMS). The scales and methodologies of their investment fur KMS has various appearances according to company-size and also level of understanding about KMS systems. The interest in KMS is increased with the P. Druckers assertion that the economic power shifts to the person who can manage the "Knowledge". But there is also mistrust about ROI of KMS related with the management performances. In this paper The level of Codification and Personalization of Practice Types of KMS will be analyzed in order to make an empirical analysis about the Irrelevance between KMS-Investment and corporate performances. To complete this study, correlation- and average analysis will be performed. As the measurement parameters for the corporate performances, we use the 4 categories, Financial, Customer, Process and Education-Growth Aspect, of BSC (Balanced ScoreCard) concept.

Application of Airfoil Impeller for Enhancement of Aerodynamic Performance of High Speed Centrifugal Fan (고속 원심홴의 공력성능 향상을 위한 에어포일 임펠러 적용)

  • Park, Kyung Hyun;Park, Chang Hwan
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.40 no.5
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    • pp.321-327
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    • 2016
  • This paper presents the application of airfoil impeller for enhancement of aerodynamic performance of a high speed centrifugal fan. Three airfoil impellers are proposed, considering the maximum thickness and the location of maximum thickness of the airfoil. C4 airfoil thickness distribution is applied to the three airfoil impellers. The impellers are evaluated using CFD (computational fluid dynamics) and suction power test. From the results, it is confirmed that flow separations on the pressure side of the impeller blades and the pressure side of diffuser blades are reduced when airfoil blade is applied to the impellers. It is also confirmed that with the centrifugal fan having airfoil impellers, there is an increase in fan efficiency by approximately 3% and reduction in specific sound level by approximately 1.3 dB(A).