• Title/Summary/Keyword: High Transaction

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Efficient Concurrency Control Method for Firm Real-time Transactions (펌 실시간 트랜잭션을 위한 효율적인 병행수행제어 기법)

  • Shin, Jae-Ryong
    • The Journal of the Korea Contents Association
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    • v.10 no.7
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    • pp.115-121
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    • 2010
  • It always must guarantee preceding process of the transaction with the higher priority in real-time database systems. The pessimistic concurrency control method resolves a conflict through aborting or blocking of a low priority transaction. However, if a high priority transaction is eliminated in a system because of its deadline missing, an unnecessary aborting or blocking of a low priority transaction is occurred. In this paper, the proposed method eliminates a transaction that is about to miss its deadline. And it prevents needless wastes of resources and eliminates unnecessary aborting or blocking of a low priority transaction. It is shown through the performance evaluation that the proposed method outperforms the existing methods in terms of the deadline missing ratio of transactions.

High Utility Itemset Mining Using Transaction Utility of Itemsets (항목집합의 트랜잭션 유틸리티를 이용한 높은 유틸리티 항목집합 마이닝)

  • Lee, Serin;Park, Jong Soo
    • KIPS Transactions on Software and Data Engineering
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    • v.4 no.11
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    • pp.499-508
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    • 2015
  • High utility itemset(HUI) mining refers to the discovery of itemsets with high utilities which are not less than a user-specified minimum utility threshold, by considering both the quantities and weight factors of items in a transaction database. Recently the utility-list based HUI mining algorithms have been proposed to avoid numerous candidate itemsets and the algorithms need the costly join operations. In this paper, we propose a new HUI mining algorithm, using the utility-list with additional attributes of transaction utility and common utility of itemsets. The new algorithm decreases the number of join operations and efficiently prunes the search space. Experimental results on both synthetic and real datasets show that the proposed algorithm outperforms other recent algorithms in runtime, especially when datasets are dense or contain many long transactions.

Relationship Between Usage Needs Satisfaction and Commitment to Apparel Brand Communities: Moderator Effect of Apparel Brand Image (의류 브랜드 커뮤니티의 이용욕구 충족과 커뮤니티 몰입의 관계: 의류 브랜드 이미지의 조절효과)

  • Hong, Hee-Sook;Ryu, Sung-Min;Moon, Chul-Woo
    • Journal of Global Scholars of Marketing Science
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    • v.17 no.4
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    • pp.51-89
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    • 2007
  • INTRODUCTION Due to the high broadband internet penetration rate and its group-oriented culture, various types of online communities operate in Korea. This study use 'Uses and Gratification Approach, and argue that members' usage-needs satisfaction with brand community is an important factor for promoting community commitment. Based on previous studies identifying the effect of brand image on consumers' responses to various marketing stimuli, this study hypothesizes that brand image can be a moderate variable affecting the relationship between usage-needs satisfaction with brand community and members' commitment to brand community. This study analyzes the influence of usage-needs satisfaction on brand community commitment and how apparel brand image affects the relationships between usage-needs satisfactions and community commitments. The hypotheses of this study are proposed as follows. H1-3: The usage-needs satisfaction of apparel brand community (interest, transaction, relationship needs) influences emotional (H1), continuous (H2), and normative (H3) commitments to apparel brand communities. H4-6: Apparel brand image has a moderating effect on the relationship between usage-needs satisfaction and emotional (H4), continuous (H5), and normative (H6) commitments to apparel brand communities. METHODS Brand communities founded by non-company affiliates were excluded and emphasis was placed instead on communities created by apparel brand companies. Among casual apparel brands registered in 6 Korean portal sites in August 2003, a total of 9 casual apparel brand online communities were chosen, depending on the level of community activity and apparel brand image. Data from 317 community members were analyzed by exploratory factor analysis, moderated regression analysis, ANOVA, and scheffe test. Among 317 respondents answered an online html-type questionnaire, 80.5% were between 16 to 25 years old. There were a total of 150 respondents from apparel brand communities(n=3) recording higher-than-average brand image scores (Mean > 3.75) and a total of 162 respondents from apparel brand communities(n=6) recording lower-than-average brand image scores(Mean < 3.75). In this study, brand community commitment was measured by a 5-point Likert scale: emotional, continuous and normative commitment. The degree of usage-needs satisfaction (interest, transaction, relationship needs) was measured on a 5-point Likert scale. The level of brand image was measured by a 5-point Likert scale: strength, favorability, and uniqueness of brand associations. RESULTS In the results of exploratory factor analysis, the three usage-needs satisfactions with brand community were classified as interest, transaction, and relationship needs. Brand community commitment was also divided into the multi-dimensional factors: emotional, continuous, and normative commitments. The regression analysis (using a stepwise method) was used to test the influence of 3 independent variables (interest-needs satisfaction, transaction-needs, and relationship-needs satisfactions) on the 3 dependent variables (emotional, continuous and normative commitments). The three types of usage-needs satisfactions are positively associated with the three types of commitments to apparel brand communities. Therefore, hypothesis 1, 2, and 3 were significantly supported. Moderating effects of apparel brand image on the relationship between usage-needs satisfaction and brand community commitments were tested by moderated regression analysis. The statistics result showed that the influence of transaction-needs on emotional commitment was significantly moderated by apparel brand image. In addition, apparel brand image had moderating effects on the relationship between relationship-needs satisfaction and emotional, continuous and normative commitments to apparel brand communities. However, there were not significant moderate effects of apparel brand image on the relationships between interest-needs satisfaction and 3 types of commitments (emotional, continuous and normative commitments) to apparel brand communities. In addition, the influences of transaction-needs satisfaction on 2 types of commitments (continuous and normative commitments) were not significantly moderated by apparel brand image. Therefore, hypothesis 4, 5 and 6 were partially supported. To explain the moderating effects of apparel brand image, four cross-tabulated groups were made by averages of usage-needs satisfaction (interest-needs satisfaction avg. M=3.09, transaction-needs satisfaction avg. M=3.46, relationship-needs satisfaction M=1.62) and the average apparel brand image (M=3.75). The average scores of commitments in each classified group are presented in Tables and Figures. There were significant differences among four groups. As can be seen from the results of scheffe test on the tables, emotional commitment in community group with high brand image was higher than one in community group with low brand image when transaction-needs satisfaction was high. However, when transaction-needs satisfaction was low, there was not any difference between the community group with high brand image and community group with low brand image regarding emotional commitment to apparel brand communities. It means that emotional commitment didn't increase significantly without high satisfaction of transaction-needs, despite the high apparel brand image. In addition, when apparel brand image was low, increase in transaction-needs did not lead to the increase in emotional commitment. Therefore, the significant relationship between transaction-needs satisfaction and emotional commitment was found in only brand communities with high apparel brand image, and the moderating effect of apparel brand image on this relationship between two variables was found in the communities with high satisfaction of transaction-needs only. Statistics results showed that the level of emotional commitment is related to the satisfaction level of transaction-needs, while overall response is related to the level of apparel brand image. We also found that the role of apparel brand image as a moderating factor was limited by the level of transaction-needs satisfaction. In addition, relationship-needs satisfaction brought significant increase in emotional commitment in both community groups (high and low levels of brand image), and the effect of apparel brand image on emotional commitment was significant in both community groups (high and low levels of relationship-needs satisfaction). Especially, the effect of brand image was greater when the level of relationship-needs satisfaction was high. in contrast, increase in emotional commitment responding to increase in relationship-needs satisfaction was greater when apparel brand image is high. The significant influences of relationship-needs satisfaction on community commitments (continuous and normative commitments) were found regardless of apparel brand image(in both community groups with low and high brand image). However, the effects of apparel brand image on continuous and normative commitments were found in only community group with high satisfaction level of relationship-needs. In the case of communities with low satisfaction levels of relationship needs, apparel brand image marginally increases continuous and normative commitments. Therefore, we could not find the moderating effect of apparel brand image on the relationship between relationship-needs satisfaction and continuous and normative commitments in community groups with low satisfaction levels of relationship needs, CONCLUSIONS AND IMPLICATIONS From the results of this study, we draw several conclusions; First, the increases in usage-needs satisfactions through apparel brand communities result in the increases in commitments to apparel brand communities, wheres the degrees of such relationship depends on the level of apparel brand image. That is, apparel brand image is a moderating factor strengthening the relationship between usage-needs satisfaction and commitment to apparel brand communities. In addition, the effect of apparel brand image differs, depending on the level and types of community usage-needs satisfactions. Therefore, marketers of apparel brand companies must determine the appropriate usage-needs, depending on the type of commitment they wish to increase and the level of their apparel brand image, to promote member's commitments to apparel brand communities. Especially, relationship-needs satisfaction was very important factor for increasing emotional, continuous and normative commitments to communities. However the level of relationship-needs satisfaction was lower than interest-needs and transaction-needs. satisfaction. According to previous study on apparel brand communities, relationship-need satisfaction was strongly related to member's intention of participation in their communities. Therefore, marketers need to develope various strategies in order to increase the relationship- needs as well as interest and transaction needs. In addition, despite continuous commitment was higher than emotional and normative commitments, all types of commitments to apparel brand communities had scores lower than 3.0 that was mid point in 5-point scale. A Korean study reported that the level of members' commitment to apparel brand community influenced customers' identification with a brand and brand purchasing behavior. Therefore, marketers should try to increase members' usage-needs satisfaction and apparel brand image as the necessary conditions for bringing about community commitments. Second, marketers should understand that they should keep in mind that increasing the level of community usage needs (transaction and relationship) is most effective in raising commitment when the level of apparel brand image is high, and that increasing usage needs (transaction needs) satisfaction in communities with low brand image might not be as effective as anticipated. Therefore, apparel companies with desirable brand image such as luxury designer goods firms need to create formal online brand communities (as opposed to informal communities with rudimentary online contents) to satisfy transaction and relationship needs systematically. It will create brand equity through consumers' increased emotional, continuous and normative commitments. Even though apparel brand is very famous, emotional commitment to apparel brand communities cannot be easily increased without transaction-needs satisfaction. Therefore famous fashion brand companies should focus on developing various marketing strategies to increase transaction-needs satisfaction.

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Effects of Transaction Characteristics on Distributive Justice and Purchase Intention in the Social Commerce (소셜커머스에서 거래의 특성이 분배적 정의와 거래 의도에 미치는 영향)

  • Bang, Youngsok;Lee, Dong-Joo
    • Asia pacific journal of information systems
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    • v.23 no.2
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    • pp.1-20
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    • 2013
  • Social commerce has been gaining explosive popularity, with typical examples of the model such as Groupon and Level Up. Both local business owners and consumers can benefit from this new e-commerce model. Local business owners have a chance to access potential customers and promote their products in a way that could not have otherwise been easily possible, and consumers can enjoy discounted offerings. However, questions have been increasingly raised about the value and future of the social commerce model. A recent survey shows that about a third of 324 business owners who ran a daily-deal promotion in Groupon went behind. Furthermore, more than half of the surveyed merchants did not express enthusiasm about running the promotion again. The same goes for the case in Korea, where more than half of the surveyed clients reported no significant change or even decrease in profits compared to before the use of social commerce model. Why do local business owners fail to exploit the benefits from the promotions and advertisements through the social commerce model and to make profits? Without answering this question, the model would fall under suspicion and even its sustainability might be challenged. This study aims to look into problems in the current social commerce transactions and provide implications for the social commerce model, so that the model would get a foothold for next growth. Drawing on justice theory, this study develops theoretical arguments for the effects of transaction characteristics on consumers' distributive justice and purchase intention in the social commerce. Specifically, this study focuses on two characteristics of social commerce transactions-the discount rate and the purchase rate of products-and investigates their effects on consumers' perception of distributive justice for discounted transactions in the social commerce and their perception of distributive justice for regular-priced transactions. This study also examines the relationship between distributive justice and purchase intention. We conducted an online experiment and gathered data from 115 participants to test the hypotheses. Each participant was randomly assigned to one of nine manipulated scenarios of social commerce transactions, which were generated based on the combination of three levels of purchase rate (high, medium, and low) and three levels of discount rate (high, medium, and low). We conducted MANOVA and post-hoc ANOVA to test hypotheses about the relationships between the transaction characteristics (purchase rate and discount rate) and distributive justice for each of the discounted transaction and the regular-priced transaction. We also employed a PLS analysis to test relations between distributive justice and purchase intentions. Analysis results show that a higher discount rate increases distributive justice for the discounted transaction but decreases distributive justice for the regular-priced transaction. This, coupled with the result that distributive justice for each type of transaction has a positive effect on the corresponding purchase intention, implies that a large discount in the social commerce may be helpful for attracting consumers, but harmful to the business after the promotion. However, further examination reveals curvilinear effects of the discount rate on both types of distributive justice. Specifically, we find distributive justice for the discounted transaction increases concavely as the discount rate increases while distributive justice for the regular-priced transaction decreases concavely with the dscount rate. This implies that there exists an appropriate discount rate which could promote the discounted transaction while not hurting future business of regular-priced transactions. Next, the purchase rate is found to be a critical factor that facilitates the regular-priced transaction. It has a convexly positive influence on distributive justice for the transaction. Therefore, an increase of the rate beyond some threshold would lead to a substantial level of distributive justice for the regular-priced transaction, threrby boosting future transactions. This implies that social commerce firms and sellers should employ various non-price stimuli to promote the purchase rate. Finally, we find no significant relationship between the purchase rate and distributive justice for the discounted transaction. Based on the above results, we provide several implications with future research directions.

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Application of Domain Knowledge in Transaction-based Recommender Systems through Word Embedding (트랜잭션 기반 추천 시스템에서 워드 임베딩을 통한 도메인 지식 반영)

  • Choi, Yeoungje;Moon, Hyun Sil;Cho, Yoonho
    • Knowledge Management Research
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    • v.21 no.1
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    • pp.117-136
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    • 2020
  • In the studies for the recommender systems which solve the information overload problem of users, the use of transactional data has been continuously tried. Especially, because the firms can easily obtain transactional data along with the development of IoT technologies, transaction-based recommender systems are recently used in various areas. However, the use of transactional data has limitations that it is hard to reflect domain knowledge and they do not directly show user preferences for individual items. Therefore, in this study, we propose a method applying the word embedding in the transaction-based recommender system to reflect preference differences among users and domain knowledge. Our approach is based on SAR, which shows high performance in the recommender systems, and we improved its components by using FastText, one of the word embedding techniques. Experimental results show that the reflection of domain knowledge and preference difference has a significant effect on the performance of recommender systems. Therefore, we expect our study to contribute to the improvement of the transaction-based recommender systems and to suggest the expansion of data used in the recommender system.

An Empirical Study on the Detection of Phantom Transaction in Online Auction (온라인 경매에서의 신용카드 허위거래 탐지 요인에 대한 실증 연구)

  • Chae Myungsin;Cho Hyungjun;Lee Byungtae
    • Korean Management Science Review
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    • v.21 no.2
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    • pp.273-289
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    • 2004
  • Although the Internet is useful for transferring information, Internet auction environments make fraud more attractive to offenders, because the chance of detection and punishment is decreased. One of these frauds is the phantom transaction, which is a colluding transaction by the buyer and seller to commit the illegal discounting of a credit card. They pretend to fulfill the transaction paid by credit card, without actually selling products, and the seller receives cash from the credit card corporations. Then the seller lends it out with quite a high interest rate to the buyer, whose credit rating is so poor that he cannot borrow money from anywhere else. The purpose of this study is to empirically investigate the factors necessary to detect phantom transactions in an online auction. Based upon studies that have explored the behaviors of buyers and sellers in online auctions, the following have been suggested as independent variables: bidding numbers, bid increments, sellers' credit, auction lengths, and starting bids. In this study. we developed Internet-based data collection software and collected data on transactions of notebook computers, each of which had a winning bid of over W one million. Data analysis with a logistic regression model revealed that starting bids, sellers' credit, and auction length were significant in detecting the phantom transactions.

Affinity-based Dynamic Transaction Routing in a Shared Disk Cluster (공유 디스크 클러스터에서 친화도 기반 동적 트랜잭션 라우팅)

  • 온경오;조행래
    • Journal of KIISE:Databases
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    • v.30 no.6
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    • pp.629-640
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    • 2003
  • A shared disk (SD) cluster couples multiple nodes for high performance transaction processing, and all the coupled nodes share a common database at the disk level. In the SD cluster, a transaction routing corresponds to select a node for an incoming transaction to be executed. An affinity-based routing can increase local buffer hit ratio of each node by clustering transactions referencing similar data to be executed on the same node. However, the affinity-based routing is very much non-adaptive to the changes in the system load, and thus a specific node will be overloaded if transactions in some class are congested. In this paper, we propose a dynamic transaction routing scheme that can achieve an optimal balance between affinity-based routing and dynamic load balancing of all the nodes in the SD cluster. The proposed scheme is novel in the sense that it can improve the system performance by increasing the local buffer hit ratio and reducing the buffer invalidation overhead.

Differences between the Bank Payment Obligation and Letter of Credit in Global Settlement Method

  • Jon Mo Yoon;Bong-Soo Lee
    • Journal of Korea Trade
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    • v.27 no.2
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    • pp.1-21
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    • 2023
  • Purpose - The bank payment obligation is a transaction method that combines the certainty of L/C transactions with the speed of remittance payments, so the main purpose of this study is to highlight the superiority of bank payment obligation, noting the difference between bank payment obligation and L/C transactions. In addition, we would like to examine how bank payment obligations can actually be applied to support various valuable proposals such as post-shipment and post-shipment finance according to the payment process.. Design/methodology - This study focused on literature based on data from ICC and SWIFT along with previous domestic and international studies. In terms of a research method, a literature review was adopted with electronic trade-related books and journals and policy-related reports from international trade-related agencies. Findings - Unlike L/C transaction, BPO transaction verify the data inquiry process based only on the combination result of the established baseline and dataset. Accordingly, it is superior to L/C transaction in that there is no confrontation between the parties over the results of the inquiry, and clear transactions are possible according to the principle of proof after prepayment. In addition, unlike credit transactions, data inconsistency acceptance procedures confirm payment obligations in consideration of importers' intentions. As a result, as long as trade documents are in the hands of exporting countries, flexible document disposition is possible in response to the situation after payment, which is more advantageous than L/C transaction. Originality/value - Specifically, from the importer's point of view, BPO transactions have the advantage of reducing the manpower required to prepare and review trade documents and processing transaction negotiations with exporters advantageously due to the strength of payment obligations. From the perspective of the exporter, it has the advantage of enabling rapid recovery of trade payments and reducing the risk of importer's cancellation of transactions or content change. From the perspective of participating banks, it is possible to strengthen relations with importer and obtain high commission income by increasing the role of bank reduced by reducing L/C transaction.

A Deep Learning Application for Automated Feature Extraction in Transaction-based Machine Learning (트랜잭션 기반 머신러닝에서 특성 추출 자동화를 위한 딥러닝 응용)

  • Woo, Deock-Chae;Moon, Hyun Sil;Kwon, Suhnbeom;Cho, Yoonho
    • Journal of Information Technology Services
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    • v.18 no.2
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    • pp.143-159
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    • 2019
  • Machine learning (ML) is a method of fitting given data to a mathematical model to derive insights or to predict. In the age of big data, where the amount of available data increases exponentially due to the development of information technology and smart devices, ML shows high prediction performance due to pattern detection without bias. The feature engineering that generates the features that can explain the problem to be solved in the ML process has a great influence on the performance and its importance is continuously emphasized. Despite this importance, however, it is still considered a difficult task as it requires a thorough understanding of the domain characteristics as well as an understanding of source data and the iterative procedure. Therefore, we propose methods to apply deep learning for solving the complexity and difficulty of feature extraction and improving the performance of ML model. Unlike other techniques, the most common reason for the superior performance of deep learning techniques in complex unstructured data processing is that it is possible to extract features from the source data itself. In order to apply these advantages to the business problems, we propose deep learning based methods that can automatically extract features from transaction data or directly predict and classify target variables. In particular, we applied techniques that show high performance in existing text processing based on the structural similarity between transaction data and text data. And we also verified the suitability of each method according to the characteristics of transaction data. Through our study, it is possible not only to search for the possibility of automated feature extraction but also to obtain a benchmark model that shows a certain level of performance before performing the feature extraction task by a human. In addition, it is expected that it will be able to provide guidelines for choosing a suitable deep learning model based on the business problem and the data characteristics.

A Study on Ethical Consumption Behaviors of College Students: Classification and Analysis according to the Ethical Consumption Behaviors (대학생 소비자의 윤리적 소비행동에 따른 유형분류 및 특성분석)

  • Hong, Eun-Sil;Shin, Hyo-Yeon
    • Korean Journal of Human Ecology
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    • v.20 no.4
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    • pp.801-817
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    • 2011
  • The purpose of this research was to explore the levels of ethical consumption of the college students and classify their types on ethical consumption behaviors. This research was conducted with university students living in Gwangju. Statistical analysis was achieved by using t-test, one-way ANOVA, Duncan's multiple range test, $X^2$, and Ward' hierarchical cluster analysis with a total of 761 questionnaires. The research results are summarized as follows: First, the overall ethical consumption average mark of college students was 3.14. Second, all surveyed college students were classified into five types based on the means scores of three dimension ethical consumption behaviors. A total 16.7% of students belonged to Type 1 (named as entire region active group) where students scored high points on three dimension ethical consumption behaviors. Type 2 (named as entire region average group) had about 41.6% of students whose scores were the average mark level in three dimension ethical consumption behaviors. Type 3 (named as future-oriented group) occupied 13.9% and this group scored low on the ethical consumption in commercial transaction but high on the ethical consumption for the future generation. Type 4 (named as commercial transaction oriented group) occupied 9.1% and this group scored low on the ethical consumption for contemporary humankind and the ethical consumption for the future generation but high on the ethical consumption in commercial transaction. Type 5 (named as entire region passive group) had 18.7% of students whose scores of three dimension ethical consumption behaviors were low.