• Title/Summary/Keyword: Economic Benefits

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The Industrial and Customer Characteristics Influencing on the CRM Effects (산업 및 고객 특성에 따른 CRM 효과 차이에 관한 연구)

  • Song, Joo-Jeop;Lee, Hoon-Young
    • Journal of Korea Society of Industrial Information Systems
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    • v.12 no.4
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    • pp.1-14
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    • 2007
  • Upon the intensive competition, companies try to hold their current customers by investing more money and efforts on CRM activities. They provide various benefits for their customer to keep them and increase their loyalty. However many companies want to know how effective their CRM activities are. In this paper, we investigate the effectiveness of companies' different CRM activities on customer perception of different benefits as well as their loyalty. For this we categorize the benefits that companies provide for their customer into four different types of customer benefits such as social customer benefits, psychological customer benefits, economic customer benefits and customization benefits. We examine the effects of different customer benefits and how different the customer benefits vary depending on the types of industries and even on the involvement level, relationship types, and customer's acceptance level of risks. We found that the CRM activities had, in general, a positive effect on customers' perception and loyalty. However, companies had better selectively concentrate their CRM activities on the most effective ones considering the involvement level, relationship types, and customer's acceptance level of risks along with the industry where they belong.

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Cost and Benefits of R&D Tax Concession Program in the Australian Government

  • Moon Yong-Eun;Yoon Joseph
    • The Journal of Information Systems
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    • v.13 no.1
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    • pp.135-159
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    • 2004
  • In industrialised countries, innovation is a key source of economic growth. Rrsearch is a key driver of technological innovation and involves the process of systematic investigation and/or experimentation to discover new knowledge. The Governments'industry innovation policy supports a business focus on Research and Development (R&D) through a range of programs in order to achieve these aims. The Innovation Statement (DISR 2000, 20010, launched by the Australian Prime MinisterJanuary 2001, commits an additional ${\$}$3 billion over five years to encourage and support innovation. The Australian Government aims toworld competitive firms and strong research capability in industry to strengthen Australia's international competitiveness and increase national prosperity. It develops policies and programs to enhance investment in innovation. The Australian Government has established a number of R&D funding support programs aimed at increasing the level of R&D in Australia. The backbone of these programs is the tax concession program, which is made up of the 125 per cent R&D tax concession, the 175 per cent premium tax concession and the tax offset. Over 4000 businesses take advantage of the tax concession scheme, which costs the government around ${\$}$400mi11ion a year. This cost is expected to rise to over hall a billion by 2005-06 (commonwealth or Australia, 2003). Ensuring these resources are invested where they provide significant national economic benefits is a major policy issue. In this sense, this paper looks at the appropriateness, effectiveness and efficiency of the R&D tax concession with costs and benefits analysis.

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Economic Benefits of An Application of Construction Debris Units in Housing Environment Amelioration Area (주거환경개선지구 건축물해체 시 발생원단위 적용의 경제성 효과)

  • Hwang, Hyun-Seung;Son, Byeung-Hun;Park, Sang-Min;Hong, Won-Hwa
    • Journal of the Korean housing association
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    • v.20 no.3
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    • pp.77-84
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    • 2009
  • The construction debris has been enormously increased since 90's because of a reconstruction and developing a new building site. Under the construction law, construction debris must legally recycle or reclaim at cost, but almost people have depended on reclamation of the illegal process to treat construction debris. Therefore, the environmental disruption and contamination have been begun the hot issue of society and in controversy with residents. With the consequence that indicates a substitute about an application of construction debris units is the most important thing for studying construction debris of quantity when the construction units are demolished. Nowadays, the area under the housing environment amelioration policies is getting rapidly old, then it is beyond anticipating reconstruction. Before construction units are demolished, generally three of four engineers investigate or predict the quantity of construction debris for two months. But this study is using the units of construction debris instead of the investigation and gets more precise data than investigation or prediction. In conclusion, the purpose of this study offers that units of construction debris can alternate the investigating of construction debris and curtail the expenses of labors and finances. Finally, those effects are going to make economical benefits covering the whole of the process of constructions.

The Economic Benefits of Breastfeeding (모유수유의 경제적 효과)

  • 현태선;김기남;강남미;임은영
    • Korean Journal of Community Nutrition
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    • v.7 no.6
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    • pp.863-871
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    • 2002
  • To compare the costs incurred by infant feeding between mothers who breastfed their infants and those who fed them infant formula, a questionnaire survey was carried out to 136 mothers living in Seoul, Cheongju and Chungju who breastfed and 199 mothers who formula-fed their infants. The cost of formula-feeding was estimated based on the expenditures for formula and feeding apparatus, and the time needed to wash bottles and prepare formula. The cost of breastfeeding was estimated based on the expenditures for food for the additional nutritional intake of these mothers. The mean cost of formula-feeding was ₩ 1,870,125 during the first year of the baby's life. The food cost for the additional nutritional intake of the breastfeeding mothers was ₩ 203.004 per year. The extra medical cost for respiratory illnesses in the formula-fed group compared to the breastfed group was W 62,920 because the formula-fed infants required medical attention for respiratory illnesses more often than the breast-fed infants. Therefore, breastfeeding could save ₩ 1,730,041 during the first year of an infant's life. We may have underestimated the cost savings from breastfeeding because we did not take into account the potentially decreased costs of fertility control and the health benefits for mothers. as well as the decreased usage of water and gas. Analyses showed that breastfeeding is not only nutritionally advantageous, but also economically advantageous for families and society.

The Effect of Enhancing Unemployment Benefits in Korea: Wage Replacement Rate vs. Maximum Benefit Duration

  • KIM, JIWOON
    • KDI Journal of Economic Policy
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    • v.40 no.3
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    • pp.1-44
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    • 2018
  • This paper studies the macroeconomic effects of an enhancement in unemployment benefits in Korea. In particular, I quantify the welfare effect of two specific policy chances which have been mainly discussed among policymakers in recent years: increasing wage replacement rates by 10%p and extending maximum benefit durations by one month. To this end, I build and calibrate an overlapping generation model which reflects the heterogeneity of the unemployed and the specificity of the unemployment insurance (UI) system in Korea. The quantitative analysis conducted here shows that extending maximum benefit durations by one month improves social welfare, whereas increasing wage replacement rates by 10%p deteriorates social welfare. Extending maximum benefit durations is applied to potentially all the UI recipients, including unemployed workers whose wage before job loss is relatively low and whose marginal utility is relatively high. However, increasing wage replacement rates is applied to only a small number of UI recipients whose wage before job loss is relatively high, while the increase in the UI premium is passed onto all of the employed. This study suggests that given the current UI system and economic environment in Korea, it is more desirable to extend maximum benefit durations rather than to increase wage replacement rates in terms of social welfare.

An Analysis of Income Tax Incentives on Green Consumption (환경친화적 소비에 대한 소득세 지원의 도입방안)

  • Kim, Seung-Rae;Kim, Sung Tai;Lim, Byung In
    • Journal of Environmental Policy
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    • v.13 no.3
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    • pp.75-107
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    • 2014
  • For the purpose of carbon mitigation, Korea needs to introduce stronger market-based economic incentives to promote environmentally-friendly behaviors of consumers. In particular, the government could consider introducing tax benefits on income taxation for green consumption, as well as public education and campaign, to stimulate environmentally-friendly consumption behaviors. In this respect, using an analysis of Input-Output and Household Income and Expenditure Survey in Korea, this paper designs four major scenarios related to income tax benefits for green consumption, and then explores the economy-wide effects of those proposed policies.

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Online Channel Integration Strategies for Fast Fashion Brands Based on Consumer Benefits (소비자 추구혜택에 따른 패스트 패션 브랜드 온라인 통합채널 전략)

  • Park, Jung-Min;Lee, Yu-Ri
    • Journal of the Korean Society of Clothing and Textiles
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    • v.35 no.5
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    • pp.601-611
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    • 2011
  • This research evaluates the availability of consumers moving to integrated multi channels by a target analysis on the integrated online channel and verifies the possibility of a synergy effect created by the expansion of an integrated online channel. The objectives are to define the scope of benefits desired in fast fashion and online shopping, compare the desired benefits of fast fashion consumers, online shopping consumers and fast fashion, and online shopping consumers, investigate the acceptance intention of the integrated online channel of consumers, and verity its relationship with the desired benefits. As a result, all consumers indicate the desire to pursue social recognition, pleasure, individuality, economic and convenience orientation, and fashion-innovativeness through shopping activities. In addition, there were differences in the mean of social recognition benefit individuality benefit, economical and convenience orientation benefit, and fashion-innovativeness benefit. Lastly, the acceptance intention of the integrated online channel was significant in all groups and the desired benefits that affect the acceptance intention of the integrated online channel were social recognition for fast fashion consumers along with pleasure and individuality for fast fashion and online shopping consumers.

The Effects of Clothing Benefits on Delay of Decision Making and Shopping Information in Internet Shopping (의복추구혜택에 따른 인터넷 구매결정 연기와 쇼핑정보이용에 관한 연구)

  • Kim, Han-Na
    • Journal of the Korean Society of Clothing and Textiles
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    • v.32 no.5
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    • pp.766-776
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    • 2008
  • The purpose of this study was 1) to identify the reasons for delay of decision making and the shopping information in internet shopping, 2) to classify consumers based on the clothing benefits, 3) and to examine the differences among consumer groups in the reasons for delay of decision making and the shopping information. The data were collected from a sample of 500 internet shopper aged from 20 to 40. This study used factor analysis, multiple regression analysis, Pearson's correlation analysis, cluster analysis and ANOVA. The results showed that the reasons for delay of decision making consisted of eight factors: Performance risk, Comparison shopping, Economic shopping, Social risk, Uncertainty, Expecting of market change, Product unsatisfaction, Passive shopping. The shopping information consisted of three factors: Product variety, Product information, Additional information. Five factors of clothing benefits were Economy, Figure compensation, Social position, Individuality, and Comfort. The respondents were classified into four groups by five factors of clothing benefits; Individuality seeking group, Low-benefits seeking group, Economy seeking group, Figure compensation/comfort seeking group. There were significant differences among groups in the reasons for delay of decision making and the shopping information among groups. Therefore, marketers need to provide different shopping information for delay closure by target groups.

Distribution of Product Value Chain: Do Farmers Receive the Lowest Benefits? The Case of Snubnose Pompano Fishery

  • Duy Ngoc NGUYEN;Nga Thi NGUYEN;Ngoc Van NGUYEN;Chau Minh HO
    • Journal of Distribution Science
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    • v.22 no.6
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    • pp.45-56
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    • 2024
  • Purpose: This study utilizes value chain analysis to investigate the distribution of benefits in the snubnose pompano product value chain, aiming to ascertain how these benefits are obtained by the farmers. Research design, data and methodology: The study approaches the assessment components from the economic analysis framework of the value chain. It investigates the various actors involved in the value chain of snubnose pompano fishery products in the South-Central Coast region of Vietnam from 2020 to 2022. Data collection is conducted through direct interviews with the actors utilizing survey questionnaires. Results: The results indicate that farmers, traders, and processors are key actors in the chain. The distribution of benefits between farmers and other actors has improved and tended towards greater harmony over the years. However, farmers receive benefits that are not commensurate with their value-added contribution. Farmers contribute the greatest value-added, but their profit margin share is not commensurate with the ratio of their value-added contribution to the chain. Farmers suffer the highest degrees of losses caused by price fluctuation and production risks, while other actors face smaller risks. Conclusions: The study offers some recommendations to adjust the distribution of benefits and risks among participants in this value chain.

Evalution and Future of Organic Farming Development Projects at Local Government (일본의 현단위 유기농업육성사업의 평가와 발전방향)

  • 정만철
    • Korean Journal of Organic Agriculture
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    • v.11 no.1
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    • pp.21-37
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    • 2003
  • In 1992, HyoGo County in Japan itself established a guideline for the environment-friendly agriculture and have been propelling the environment-friendly agriculture as a major agricultural policy together with organic farming. This study focuses on the evaluation of the “organic farms' villages” projected by the County among other projects. The results indicate that the project results in several benefits such as decrease in chemical input use and environmental pollution, and enhancement in farmers' concerns on safety and environment. On the contrary. it shows that no economic benefits are anticipated in the short run with the organic farming. Therefore, it is necessary to consider economic incentives for farmers who adopt the organic practices to sustain farmers' income.

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