• Title/Summary/Keyword: Global Enterprises

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A Study on the Cooperative Strategy of Enterprises -Focusing on the Importance Weight of Cooperative Strategy Factors- (기업의 협력 전략 방안에 관한 연구 -협력전략 요소를 중심으로-)

  • Choi, Kyong-Soon;Kim, Sang-Wook
    • Journal of Digital Convergence
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    • v.11 no.10
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    • pp.189-201
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    • 2013
  • With the rapid development of information and communication technologies, the boundaries of markets become blurred, and with the increasing uncertainties and risks of the future, competition among global companies becomes more intense. Accordingly the enterprises are considering or already taking cooperation strategies with enterprises in a competitive relationship as well as cooperative enterprises in a high correlation with one's own company as a plan to actively cope with changes in management environments. Thus, a cooperation strategy is an important element for the strengthening of the competitiveness of enterprises as well as the survival of the enterprises. However most preceding studies on cooperation strategies focus only on the effects of the properties of cooperation enterprises on the selection of cooperation partner enterprises and the business performance of the enterprises. Therefore, this study carried out an empirical analysis of the motivation and purpose of the construction of cooperation strategies by enterprise and what differences there are in factors to which importance is attached in selecting partners. In addition, this study analyzed the differences depending on the size: large and small enterprises and depending on the industry: electronics and chemical industries during AHP using a pairwise comparison technique.

The Effect of the Global Financial Crisis on Corporate Investment in Korea: From the Perspective of Costly External Finance

  • JEONG, DAEHEE
    • KDI Journal of Economic Policy
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    • v.37 no.1
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    • pp.19-44
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    • 2015
  • This paper examines the effect of the global financial crisis on corporate investment in Korea. Specifically, the crisis was considered to have possibly constrained firm-level investment as the negative shock to the credit supply dramatically unfolded. As Duchin et al. (2010) demonstrated, if a negative supply-side shock is evident during a crisis period, larger cash holdings before the crisis will lead to fewer constraints to corporate investment, or vice versa. In order to investigate the supply-side effect of the crisis, we use firm-level financial data, including firms listed on the Korean stock market as well as small and medium-sized enterprises. We find that corporate investment declined significantly after the crisis, even if we control for factors associated with the demand side, such as contemporaneous capital productivity and cash flow. More importantly, the decline is positively and significantly related to cash holdings before the crisis, implying the negative effect of a credit supply shock. Small and medium enterprises experienced relatively sharp investment declines compared to those of larger firms, and the relationship between pre-crisis cash amounts and the degree of investment decline is greater than that in large firms. Additionally, we examine whether the negative effect persists up to the present, finding evidence that the cash-investment relationship continues in small and medium-sized enterprises.

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The Effect of Corruption in Host Country on Joint Venture Partner Selection of Emerging Multinational Enterprises (피투자국의 부패에 따른 신흥국 다국적기업의 파트너 선택)

  • Tae-Woo Roh;Ji-Hun Choi;Jung-Geun Kim;Su-Bin Park
    • Korea Trade Review
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    • v.46 no.2
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    • pp.177-191
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    • 2021
  • Based on the existing OFDI (outward foreign direct investment) literature, this study endeavored to verify how the corruption of host countries affects the partner strategy of EMNEs (emerging multinational enterprises) when EMNEs enter global markets through joint ventures. Following the existing literature, this study classified corruption and partner strategies into two categories, respectively. First, the corruption of host country was divided into grand corruption and petty corruption. Second, EMNEs' joint venture partner strategy was divided into home country partner joint venture and host country (i.e., local) partner joint venture. Our hypothesis suggested that the greater the host country's grand corruption, the more EMNEs would choose the host country partner, while the strong petty corruption leads to the preference of home country partner in host country. The hypotheses were verified with a sample of 890 foreign direct investment cases of Chinese multinational companies from 2005 to 2015. As a result of the study, regardless of the degree of corruption, it was found that they prefer joint ventures with home country partners when EMNEs enter the global market through joint ventures.

Development of Supply Chain Management Tools for Business-to-Business Collaboration (기업간 협업을 위한 공급 체인 관리 도구 개발)

  • 우훈식;서범수
    • The Journal of Society for e-Business Studies
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    • v.7 no.3
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    • pp.171-179
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    • 2002
  • Supply chain management is a practical vision of industrial information systems in the global competitive environments. In these environments, the linkage of business processes between enterprises which compose a supply chain should be constructed. In this study, we designed and developed supply chain management tools to provide collaborations between enterprises. The developed tools are designed to act as a coordinator for the suppliers and consumers in the supply chain.

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A Study on the Development of Enterprise Resource Planning System for Small-and-Medium Sized Enterprises (중소기업형 표준정보시스템 개발에 관한 연구)

  • 이교상;박화규;손주찬;고영철;백종명;박상봉
    • The Journal of Society for e-Business Studies
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    • v.2 no.2
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    • pp.137-153
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    • 1997
  • The acceptance of enterprise resource planning (ERP) system in the industries is essential to enhance the enterprise-wide productivity and global competitiveness. In this study, we first describe the needs for the ERP system and the structural backgrounds of the system. Then we suggest our strategies for the implementation of the standard ERP system under the small and medium enterprises (SMEs).

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Analysis of the Differences in Recognition of Talented Human Resources Between Enterprises and Job Seekers (구인기업과 구직자 간에 인식하는 인재상의 차이 분석)

  • Hu, Sung-Ho
    • Journal of the Korea Convergence Society
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    • v.11 no.7
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    • pp.251-257
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    • 2020
  • This study comparatively analyzed the differences in the talented human resources perceived by enterprises and job seekers in terms of recruitment trends of companies related to the 4th Industrial Revolution, focusing on 16 factors. The analysis data was collected from enterprises and job seekers related to the 4th Industrial Revolution, and the analysis method was applied to a convergence research methodology that mixes social network analysis and variance analysis using big data type. As a result, several things were verified. First, large enterprises emphasized communication, and small enterprises emphasized competency and confidence. Second, in the manufacturing industry, enterprises emphasized confidence and competence, and job seekers emphasized spec and passion. Third, in the service industry, enterprises emphasized personality and competence, and job seekers emphasized spec and global. Fourth, there was a big difference in talented human resources between enterprises and job seekers according to manufacturing and service industries. Based on these results, we discussed the opening of employment information for enterprises to reduce the recognition mismatch in the talented human resources.

Environment-Usage-Performance Model on Participating Firms of Electronic Marketplace in Export Marketing (수출마케팅에서 무역e-Marketplace 참여기업의 환경-활용-성과모형에 관한 연구)

  • Chung, Chang-Kun;Kwak, Su-Young
    • International Commerce and Information Review
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    • v.9 no.1
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    • pp.119-148
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    • 2007
  • The purpose of this research is to study whether environments of participating firms of electronic marketplace(e-MP) have an influence on usage factors which are supplying from e-MP and usage factors affect usage performances. Based on the existing researches we found variables and executed a empirical study of environment-usage-performance model. Through this research we suggested useful factors for the performance of trade enterprises. Usage factors of e-MP will overcome geographical limitation and acquire new sales areas and simultaneously widen the relationships of global enterprises. Those firms could be accessible into global market promptly. To enhance usages of e-MP, service quality which can satisfy both buyer and seller at the same time should be strengtened. Finally, the usage of e-trade information should also heighten through usage factors.

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Growth Strategy of PASECO as a Global Electronic Company: Focusing on the Middle East Market

  • KIM, Byoung-Goo;LEE, Chun-Su
    • East Asian Journal of Business Economics (EAJBE)
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    • v.7 no.4
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    • pp.27-40
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    • 2019
  • Purpose - This study aims to analyze PASECO's environment and strategies during its advance into the Middle East to find out the success factors of the kerosene heater market and provide strategic implications for small and medium enterprises' growth based on these factors. Research design and methodology - This study analyzes the success factors of companies operating in the Middle East. As a case analysis study, the method of research analyzes case enterprises through existing literature, newspaper articles, and corporate interview materials. Results - PASECO's success was shown by its high technological power in kerosene heater products, understanding customers' needs, understanding the Middle East market and localization strategy. Conclusions - PASECO has been constantly developing R&D capability to secure competitive products and has released localized products to enhance the satisfaction of its customers in the Middle East and has also been successful by constantly creating new opportunities. The firm's success strategies provide implications for small and medium-sized businesses for greater growth.

Empirical Analysis on the Influence of Service Quality of Leisure Food E-Commerce in China on Consumer Satisfaction Degree (중국 레저푸드 전자상거래의 서비스 품질이 소비자 만족도에 미치는 영향에 관한 실증분석)

  • Liu, Zi-Yang;Meng, Jia
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2019.07a
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    • pp.407-408
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    • 2019
  • This thesis determines the research framework and scale design of leisure food E-Commerce consumer satisfaction degree by referring to previous theoretical model of customer satisfaction degree, the universal satisfaction evaluation index system, and the characteristics of leisure food E-Commerce in China. In this research, consumers who have bought leisure food online are taken as the research object, data are collected by questionnaires, and exploratory factor method is used to screen valid sample data. Through the Empirical Analysis which includes Descriptive Statistical Analysis, Reliability and Validity Analysis and Structural Equation Modeling, it is concluded that website design, logistics delivery service, commodity quality, and after-sales service are the main service quality on which the Leisure food E-Commerce enterprises should take focus. The service quality has significant positive influences on satisfaction degree. On the other hand consumer satisfaction has a significant positive influence on customer loyalty, which will create more earnings for the Leisure food E-Commerce enterprises.

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Successive Case of Global Shopping Mall Project for Small and Medium Enterprises: Zungle Incorporation (중소기업을 위한 글로벌 쇼핑몰 지원사업의 성공사례: 주식회사 정글)

  • Choi, Seok-Beom
    • Korea Trade Review
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    • v.44 no.1
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    • pp.221-235
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    • 2019
  • SMEs are experiencing difficulties in doing sales promotion due to the low awareness of the image of the company and the products produced by them in the global market. Therefore, the Government should seek ways to raise awareness of SMEs' image and products. SMEs have to carry out global innovation activities needed to develop new products or new technologies, but they are exposed to limitations of these innovative activities due to the limit of their available resources. Therefore, as a national project, the Ministry of SMEs and Startups and the Small and Medium Business Corporation are doing project for fostering and constructing global shopping mall (independent mall) so that SMEs can strengthen their global innovation activities. The purpose of this paper is to contribute to succeeding in the project for fostering and constructing global shopping mall (independent mall) by studying the case of Zungle Incorporation which operates a global shopping mall and greatly increases exports by participating in this project, and identifying success factors of Zungle Incorporation in doing this project.