• 유통과학연구
• /
• 제14권4호
• /
• pp.13-20
• /
• 2016

Purpose - This paper attempts to determine the importance of financial sustainability and the impact of Selling, General and Administrative Expenses (SG&A) on the financial sustainability of the IT industry. Research design, data, and methodology - Primarily the impact of SG&A expenditure on the sales revenue, assets, gross margins and profit is ascertained. After that the impact of SG&A expenditure, sales revenue, assets, gross margins and profit on the financial sustainability i.e., return on assets is worked out. Finally the impacts of financial sustainability i.e., return on assets on total enterprise value and market valuation multiples are found out. Results - The empirical result shows that SG&A expenditure most strongly impacted sales revenue, assets, gross margins and profit positively. Financial sustainability impacted in mixed manner with SG&A expenditure, sales revenue, assets, gross margins and profit. Assets and gross margins have weak positive impact on financial sustainability. Sales revenue has no impact on financial sustainability. Finally financial sustainability had moderate positive impact on total enterprise value and had no impact on market valuation multiples. Conclusions - SG&A expense has moderate positive impact on the financial sustainability and magnitude is very low.

• 지식경영연구
• /
• 제11권1호
• /
• pp.37-50
• /
• 2010

Bioharmaceutical technologies have consistently been areas in which large licensing agreements have been negotiated. However, there are very limited informations in the open literature on how its running royalty rates are determined and no specific methods are yet provided. The purpose of this study is to suggest an appropriate method for the estimation of running royalty of bioharmaceutical technology in licensing agreements. Here distribution of risk-adjusted operating margins are obtained by simulation using statistics of success rates in the stage of clinical trials and profit margins. Three factors based on technology, business and license legal terms are considered and combined as licensing competitiveness level. Finally, reasonable running royalty is estimated by combining simulated distribution and licensing competitiveness level. This suggested method is expected to practically useful for licensor to establish an appropriate running royalty rate for licensing.

• 정보학연구
• /
• 제9권1호
• /
• pp.41-53
• /
• 2006

E-business managers must make a profit on the goods and services they sell. But e-business retailers are still searching for strategies that work. To test current practices, we became 'phantom shoppers' and bought a randomly chosen set of CDs from a variety of E-business manager. Our findings suggest that order management and logistics skills are pivotal for selling profitably on the Website. In this article, we show how e-business managers can deploy resources creatively to attract the right shoppers, convert these shoppers into buyers, and improve the chances of repeat purchase while maintaining profit margins.

• 한국콘텐츠학회논문지
• /
• 제21권6호
• /
• pp.588-597
• /
• 2021

우리나라의 경우 일반보험의 부가보험료를 구성하는 요소인 보험회사의 이익을 산출하는 기준에 대해 특별히 정하고 있지 않으며, 손해보험회사들은 대부분 2~5% 수준을 보험료에 반영하고 있다. 보험상품의 특성상 가격결정의 투명성이 요구되고 있지만, 국내 손해보험산업에 있어서 보험가격 요소별 결정방법론에 대한 기준이나 실증연구는 미흡한 실정이다. 본 연구에서는 산출기준이나 실증연구가 미흡한 일반보험의 상품별 예정이익률 산출 방법을 제시하고자 한다. 일반보험의 예정이익률을 산출하는 기준은 손익변동성에 따른 손실 리스크에 대비하여 보험회사가 확보해야 하는 자본에 대한 주주요구수익을 보험료에 대한 비율로 반영하는 것이다. 주주는 보험 운영과 관련된 리스크를 감내하기 때문에 이에 대한 보상을 받아야 하며, 이러한 주주입장에서의 기회비용을 보험료에 반영하려는 것이다. 본 연구에서는 상품별로 보험리스크에 대비하기 위해 회사가 적립해야 하는 자본량을 산출하였으며, 보험리스크는 보험영업 손익의 변동성으로 정의하였다. 그리고 보험리스크는 DFA(Dynamic Financial Analysis; 동적재무분석) 방법론에 의한 stochastic simulation을 활용하여 산출하였다. 최종적으로 25개 상품에 대한 예정이익률을 산출하여 현재 국내 일반보험의 예정이익률과 어떤 차이가 있는지를 실증적으로 분석하였다.

• 한국식품저장유통학회지
• /
• 제3권1호
• /
• pp.61-75
• /
• 1996

Apple is most favorable fruit in Korea, and apple farmland has been increased before and after the agreements of Uruguay Round and apple is considered as one of strategic agricultural products. Especially expansion of apple farmland is concentrated in Kyungpook region because of the suitable climate and its market share is about 70 percents in 1992. The marketing channels of apples of Kyungpook region are widely classified by merchant, agricultural or horticultural co-op and large scale farmer's. Among them market share of merchant's occupy over 65 percent. In marketing margins, commercial profit is higher than cost in total marketing margins and, assembler and retailer's margin is not less than wholesaler's. The fluctuation of the price of apple is high in year. The marketing problems of apples are several, first, complex marketing channels, secondly, the high percentage of market share by growing district assembler, thirdly, low rate of package and quality standardization, finally, concentration of shipment of apple because of the shortage of apple processing, storage and marketing facilities, of newly produced apples. In conclusion, to increase apple grower's income with the stabilization of supply and quality upgrade, the improvement measures of marketing system are as follows, first, government level's support in marketing facilities and mechanism, secondly, the increment of supply by grower's cooperatives, thirdly, the establishment of a serious of marketing system to increase the efficiency, fourthly, the establishment of cold-chain system and quality standardization of apple, finally, production of various kinds of apple processing goods.

• 한국산학기술학회논문지
• /
• 제19권11호
• /
• pp.157-165
• /
• 2018

기업은 지속적인 발전과 기업가치 제고를 위하여 연구개발을 수행하고 이로 인해 발생한 무형자산으로서 특허를 취득한다. 본 연구는 연구개발활동과 특허가 기업의 경영성과에 어떠한 영향을 미치는지 확인하기 위하여 연구개발정보와 특허정보, 경영성과 정보가 모두 공시된 의료기기 제조기업 103개 사를 선별하였다. 해당 기업의 특허건수, 연구개발비, 기업규모, 이노비즈 인증여부를 독립변수로 설정하고, 기업의 매출, 무형자산, 영업이익률, 순이익률, 기업평가등급, 매출/이익 관련 각종 재무비율을 종속변수로 사용하였다. 그 결과 연구개발비는 매출액, 영업이익률, 순이익률, 기업평가등급, 현금흐름등급, 순이익증가율, 자기자본순이익률, 투하자본이익률, 총자본회전률 등 대부분의 지표에 대해 음(-)의 영향을 미치고, 무형자산에만 양(+)의 영향을 미치는 것으로 확인되었다. 국내등록특허는 매출액, 현금흐름등급, 투하자본이익률에 음(-)의 영향을 미치고, 순이익증가율에는 양(+)의 영향을 미치는 것으로 나타났다. 그리고 기업 특성 변수가 영향을 미치는 기업 성과변수는 매출액과 현금흐름등급이었다. 영세한 중소기업이 대부분을 차지하는 의료기기 산업의 특성 상, 연구개발활동과 특허취득이 단기간에는 기업 경영에는 부정적인 영향을 미치는 것으로 나타났지만, 연구개발 후 임상시험과 인허가의 절차를 거쳐야 하는 의료기기 산업의 특성을 반영할 때 장기적으로는 긍정적인 영향을 미칠 것이라 예상된다.

• Design & Manufacturing
• /
• 제6권1호
• /
• pp.18-23
• /
• 2012

HI-WORTH T-32, a non-powered plasma cutter, is a portable cutter that utilizes compressor-plasma inverter. With a special air-pressure piston, the cutter is semiautomatic. When they were produced by die casting dies, the bodies or housings of the cutter have defects about 100 percent of defect rate due to blisters and thermal deformation. Therefore, they are produced by mechanical machining, which leads to a hike in material and machining costs and to the loss of productivity. And companies are left with insignificant profit margins. Besides mechanical machining, this study proposes to modify defective mold and cut down defective rate and boost productivity.

• 품질경영학회지
• /
• 제27권3호
• /
• pp.202-208
• /
• 1999

A new campaign, known as "Six Sigma", to increase market share, decrease costs, and grow profit margins has been adopted by a selected group of leaders in American industry. Although the initial emphasis of Six Sigma was for quality improvement in manufacturing, it is rapidly being applied in key areas beyond manufacturing, and beyond what would traditionally be considered quality. There are a lot of Six Sigma success stories in companies such as Motorola, AlliedSignal, Asea Brown Boveri, and GE. The financial results of Six Sigma in those companies are investigated and their success factors are discussed. The applications of Six Sigma in Korean companies such as Samsung Display Device, Hanjung, and LG Electronics are also introduced.

• 국제학술발표논문집
• /
• The 1th International Conference on Construction Engineering and Project Management
• /
• pp.459-468
• /
• 2005

International contractors must consider the substantial risks related to unexpected foreign exchange fluctuation incurred by conducting their business and using foreign currencies in foreign countries. Most international contractors attempt to minimize foreign exchange exposure within a manageable range because it may influence the company's fundamental financial structure, reduce market value or profit margins, or disrupt ongoing and future projects. This research provides a qualitative study of existing foreign exchange exposure (transaction, operation, and translation exposure) and current & effective foreign exchange risk management in American and Korean international contractors, as they represent both new and long-time members of the global construction market. Finally, recommendations of techniques for new and existing international contractors to minimize and better manage foreign exchange risk will be offered.

• 소프트웨어공학소사이어티 논문지
• /
• 제27권1호
• /
• pp.15-17
• /
• 2018

가축 질병에 빠르게 대응하고 번식 성공률을 높이는 것은 농가의 생산성 및 이윤 향상에 기여한다. 농가 노동력 감소와 인구 고령화로 인해 인력 절감형의 효율적인 가축 건강 및 번식 관리가 필요한 상황이다. 본 연구에서는 IoT 기반의 경구 투여용 센서로부터 수집된 체온 데이터를 바탕으로 가축의 건강과 번식 상태를 모니터링 하기 위한 모바일 어플리케이션을 개발한다. 가축 건강에 이상이 발생한 경우 모바일 어플리케이션 경고 메시지를 통해 사용자에게 실시간으로 알리고 또한 가축의 번식 예정일을 제공해 사용자가 가축의 번식 시기를 놓치지 않고 대응할 수 있도록 한다.