• Title/Summary/Keyword: Global e-Commerce

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A Study on the Global Transmission Strategies of e-Trade Documents using Non-Negotiable Sea Waybill (해상화물운송장을 활용한 전자무역문서의 글로벌 유통 전략에 관한 연구)

  • RYU, Seung-Yeal
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.68
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    • pp.1-21
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    • 2015
  • The purpose of this study is to propose a new mechanism for the global transmission of electronic trade documents and to promote them using it. Trade settlement methods are changed from L/C bases to non-L/C bases and in particular, the telegraphic transfer is dramatically increased since mid 1990. But the status of transmission of electronic trade documents still rely on the letter of credit and bill of lading. So it need to change the process of transmission of electronic trade documents utilizing non-negotiable sea waybill instead of bill of lading. In this study, I pointed out two problems as obstacle factors in global transmission of electronic trade documents. First is the system connection problem between domestic and foreign banks and second is the electronic right transfer problem in the bill of lading. Electronic bill of lading has already been made, but are not used and e-Nego has also not been activated under the above issues. Therefore, it should be solved previously the above problems for the global transmission of electronic trade documents under the letters of credit. However, in transactions of transfer, it does not need the inter-bank connection and also does not occur the electronic right transfer problem of bill of lading if using the non-negotiable seaway bill instead of bill of lading. In this paper, I recommend the global transmission strategies of e-trade documents using the non-negotiable sea waybill in transactions of transfer. Hopefully, I expect the activation of global transmission of e-trade documents through the utilization of electronic non-negotiable sea waybill as suggested by this study.

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Enhancing Customer Loyalty in E-Commerce: The Role of Personalization Recommendation Systems and Flow State

  • Ming-ming Lin;Yu-min Jeong;Yu-dong Zhang;Zi-yang Liu
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.6
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    • pp.223-233
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    • 2024
  • This study investigates the impact of personalization recommendation systems on customer loyalty in e-commerce, focusing on the role of information presentation, system interaction, and social community functions. It examines how these elements influence flow state, word of mouth (WOM), and repurchase intention (RPI). Using structural equation modeling (SEM) and data collected from 500 respondents in SPSS and AMOS, the study finds that all three personalization aspects significantly enhance flow state, which, in turn, positively affects WOM and RPI. System interaction directly boosts both WOM and RPI, while information presentation and social community functions influence only one of these loyalty measures. Flow state mediates the relationship between personalization factors and loyalty outcomes. These findings suggest e-commerce platforms should enhance system interaction and embed social community features to foster customer loyalty.

Study on internet social commerce business loyalty -Focusing on Chinese consumers- (인터넷 비즈니스 소셜커머스 충성도에 관한 연구 -중국소비자들을 중심으로-)

  • Jung, In Suk
    • Journal of Digital Contents Society
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    • v.16 no.3
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    • pp.471-482
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    • 2015
  • Recently commercialized network are getting more and more popular, bringing dramatic change to the market. We can predict the future of the E-commerce. The ongoing E-commerce and SNS (Social Networking Services)related E-commerce are increasing greatly both in Korea and China. This research tries to focus on Chinese consumers using E-commerce. The study has four findings. Firstly, the E-commerce consumers consider four factors including price, convenience, products and website, which affect the sellers' integrity. Secondly, E-commerce will affect sellers' integrity. Third, there are 4 factors which affect the sellers' integrity: service, price, products and the information. Fourth, the factors which affect the integrity of sellers are the value, happiness and practical. This study want to give some hints to the E-commerce in the overseas market in China.

A Study on the Implementation of e-B/L for the Dissemination of Global e-Trade (글로벌 전자무역 확산을 위한 전자 선하증권 도입과 구현전략에 관한 연구)

  • Lee, Sang-Jin
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.193-214
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    • 2008
  • This study aims to examine similarities and differences of each e-B/L types as well as identify problems of e-B/L utilization and directions for improvement. Especially, it suggests strategies for the realization of e-B/L through reviewing and analyzing commercial types of e-B/L, which have been developed so far. Although e-B/L succeeded in realizing the function as a certificate of title and its distribution value, it has not been fully implemented due to operational problems. Subsequently, e-B/L was realized in the Bolero project as an attempt of system to make up for shortcomings in the failure of previous e-B/L types, but it has still a number of problems. To solve this problem and make use of e-B/L more efficiently, this study focuses on the specific ways to introduce e-B/L and suggest directions for the development of e-Nego system. Preparation of electronic documents is a prerequisite for the development of the e-Nego system, taking distribution of electronic documents into consideration. Next, compatibility of electronic documentation and paper-based documents should be realized, with the guarantee of authenticity of electronic documents.

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Scheme Analysis of Electronic Commerce Technologies (전자상거래 주요 요소기술의 체계분석 및 발전전망)

  • 김창수
    • Korean Management Science Review
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    • v.21 no.1
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    • pp.19-37
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    • 2004
  • Since digital economy and electronic commerce are evolving rapidly. further shaping process of e-commerce over the Internet would be highly influenced by the impact of electronic commerce technologies. That is. the widespread application of electronic commerce technologies is remoulding classic business patterns and enabling organizations to deal with new ways of doing business with global suppliers. distributors, marketers and consumers. The objective of this study is to examine the scheme of electronic commerce technologies. analyzing the current state and what is expected of them In the future. However, it is difficult to clarify relationships with the every electronic commerce technology and to analyze the progress of each of them. This study focuses on the major electronic commerce application technologies relevant to e-business. In order to analyze the current state of electronic commerce technologies and relationships among them. this study has tried to gather experts' opinions using the Delphi method. For each major EC technology, this study has analyzed the current level. the technology scheme. the applicability, the economic influences of the EC technologies and the urgency of the technology development. This study will play a role of catalyser for the study of electronic commerce technologies and will provide guideline for future studies electronic commerce and information communication technology(ICT) diffusion.

A Study on the Growth of Air Cargo Volume and the Development Plan for Regional Airport Focusing on Cheonng-Ju Int'l Airport (항공화물 활성화를 위한 정책분석과 지방공항 발전방안 연구: 청주국제공항을 중심으로)

  • Won-Tae Park;Yeon-Young Sung;Sung-Sik Park
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.32 no.2
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    • pp.112-123
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    • 2024
  • Responding to rapid changes of global supply chain and fast increasing air cargo volume and demand for e-commerce market, this paper researched the development plans for regional airport specially focused on air cargo logostics through policy research. According to this research, political implications and development plans for Cheong Ju airport (CJJ) to become a part of global supply chain, a regional air cargo hub. Firstly, it is necessary to increase the length of the existing runway from 2,744m to 3,200m or to develop 3rd runway only for a civil aircraft use. Secondly, it is inevitable to develop new air cargo terminal to handle and export such high value-added products as semi-conductor or rechargeable battery through airport. In addition, facing re-shoring trends among global supply chain, CJJ can increase its air cargo volume and also provide feeder service to Incheon airport, inducing global distribution center near airport site.

Do Oil and Gas Companies Comply with Requirements of IFRS 6?: Evidence from India and Global Companies

  • POSWAL, Dhanraj;CHAUHAN, Pragati
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.399-409
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    • 2021
  • This study examines whether oil and gas companies comply with the requirements of the International Financial Reporting Standards (IFRS) 6 on Exploration and Evaluation (E&E) of Mineral Resources. For this purpose, a comprehensive checklist divided into eight different parameters was prepared by including every requirement of IFRS 6. While building on the previous studies, the annual reports of the top five Indian and top five Global companies engaged in this business have been investigated in detail against the checklist using content analysis as the research method. Results show that a majority of the companies (both Indian as well as global companies) have not been complying with the requirements of IFRS 6. In five out of eight parameters the companies have not complied with even half of the requirements. The overall compliance ratio is as low as 41.54 percent and 43.68 percent for Indian and Global companies respectively. While analyzing the non-compliance, it has been observed that despite having distinct accounting standards, different kinds of companies are reporting differently. Thus, it is not in line or consistent with the goal of IFRS i.e., to establish a universal language for the companies to prepare the accounting statements. The research findings identify the exact area of non-compliance while citing the relevant paragraph number of IFRS 6.

A Empirical Study on Determinants Affecting the Participation and Performance of Small and Medium-Size Enterprises in Global Electronic Commerce (해외직구·역직구시장에서 중소기업의 참여와 성과에 영향을 미치는 결정요인에 관한 실증연구)

  • Kim, Chang Bong;Min, Cheol Hong;Park, Sang An
    • International Commerce and Information Review
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    • v.18 no.4
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    • pp.3-29
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    • 2016
  • Recently, the market size of the global electronic-commerce is rapidly growing. The global market size of an overseas direct-purchase is expected to reach 1 trillion won by 2020. This study intends to determine the decision making factors of B2B overseas direct-purchase(DP) and reverse direct-purchase(RDP), and the impact on the vitalization of the small to middle-sized companies'(SMC) overseas DP and RDP. Ultimately, the purpose of this study is to provide a policy insight on the expansion of exports by SMC. For this, we determined the necessary elements for getting good results by Korean SCM in the overseas DP and RDP market through a preceding research based on resource-based theory and industry structure theory. Afterwards, we used the multiple regression model for positive analysis of the survey documents. We were able to confirm through analysis that the company information, logistics delivery, customs process, law and regulations have positive effects on the overseas DP and RDP. This study surveyed the entire overseas DP market, rather than focusing on the cases of harm and responses of the overseas DP, which was the topic for the preceding research, and can be differentiated from the previous study by deducting influence factors for the Korean SMC to succeed in the overseas DP and RDP market. Moreover, the results of this study is meaningful in proposing a strategic direction for the SMC participating in the overseas DP market and the government enacting policies.

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Reglobalization and Geoeconomic Fragmentation: A Case Study of Chinese E-commerce in the Post-CO VID-19 Era (재세계화와 지경학적 분절화: 코로나 19 이후 중국 전자상거래 기업의 한국 시장 진출을 사례로)

  • Yilsoon Paek
    • Journal of the Economic Geographical Society of Korea
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    • v.27 no.1
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    • pp.53-73
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    • 2024
  • While global production supply chains are expected to shift toward friendly or allied countries, pandemic-shoring such as nearshoring and friendshoring, due to increased protectionism and the reorganization of regional value chains in the wake of the global pandemic, the study found that economic rather than political factors are still at play in consumer supply chains. In the case of Chinese e-commerce market (C-commerce), the study attributes the rapid growth of the market to (1) related regulatory relaxations introduced to stimulate consumption after the end of COVID-19, (2) an increasing pattern of wanting to consume more for a limited income and (3) unconventional business activities to increase their share of the global consumption market. Through these phenomena, the production-consumption network is likely to develop into a more fragmented form, and the consumption network in particular is expected to become more fragmented, influenced by the digital technology war, a phenomenon of re-globalization.