• Title/Summary/Keyword: Reduce risks

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A Study on the Flexibility in Exporting Korean Apparel Products (한국의류제품 수출의 유연성(flexibility)에 관한 연구)

  • 김용주
    • Journal of the Korean Society of Costume
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    • v.34
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    • pp.37-56
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    • 1997
  • The Korean Apparel industry has played an significant role for the econom-ic development in Korea which is mainaly due to the apparel exports to the world market. However the Koran apparel industry has confronted drastic changes in domestic and also in international market for the last several years. Korean apparel products have lost price competitiveness in international market because domestic labor costs have increased so fast and al-so newcomers such as China or other Asian countries have emerged as compet-itive producers. Furthermore domestic market has been saturated with the Korean apparel manufacturers and also with the foreign retailers. Therefore the Korean apparel industry should establish market-ing strategies in order to regain competitiveness. This study aims to analyze the factors for non-price competitiveness of Korean apparel industry and propose the way to regain competitiveness form the buyers' point of view. The present study utilize the survey data for the internet database which is established by the Cotton Incorporated. The results show that the Korean apparel industry is not competitive in terms of non-price factors such as minimum orders terms of payment preproduction stage use of new technolo-gy and lead times. These factors are not directly related to the price of product which is suggested to the buyers. However these are flexibility factors which play important roles in decision making process of buyers because they can reduce risks in uncertain business environment. Therefore the Korean apparel industry should establish global marketing strate-gies which can enhance non-price competitiveness as well as price competitiveness.

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Microsurgery Training for the Twenty-First Century

  • Myers, Simon Richard;Froschauer, Stefan;Akelina, Yelena;Tos, Pierluigi;Kim, Jeong Tae;Ghanem, Ali M.
    • Archives of Plastic Surgery
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    • v.40 no.4
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    • pp.302-303
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    • 2013
  • Current educational interventions and training courses in microsurgery are often predicated on theories of skill acquisition and development that follow a 'practice makes perfect' model. Given the changing landscape of surgical training and advances in educational theories related to skill development, research is needed to assess current training tools in microsurgery education and devise alternative methods that would enhance training. Simulation is an increasingly important tool for educators because, whilst facilitating improved technical proficiency, it provides a way to reduce risks to both trainees and patients. The International Microsurgery Simulation Society has been founded in 2012 in order to consolidate the global effort in promoting excellence in microsurgical training. The society's aim to achieve standarisation of microsurgical training worldwide could be realised through the development of evidence based educational interventions and sharing best practices.

A Study on the Fire Evacuation Assessment Considering Occupied Environment Variation in Existing Buildings (기존 건축물의 사용승인허가 전·후 거주환경을 고려한 화재피난성능평가 연구)

  • Kim, Hak Kyung;Choi, Doo Chan;Kim, In Tae;Kim, Hee Moon;Sim, Hye In
    • Fire Science and Engineering
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    • v.30 no.6
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    • pp.105-110
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    • 2016
  • In Korea, fire hazard and risk analysis and response management planning related to existing decrepit buildings, including interior construction and architectural layout revision, due to various occupancy purposes have not been researched or established. Therefore, regulations and technical standards that can manage and reduce fire hazards and risks based on fire hazard analysis and evaluation are required. This study was performed based on a site survey and fire evacuation assessment including performancebased analysis in 3 actual existing buildings to find the life safety issues and provide improvement recommendations.

Numerical modeling of soil nail walls considering Mohr Coulomb, hardening soil and hardening soil with small-strain stiffness effect models

  • Ardakani, Alireza;Bayat, Mahdi;Javanmard, Mehran
    • Geomechanics and Engineering
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    • v.6 no.4
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    • pp.391-401
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    • 2014
  • In an attempt to make a numerical modeling of the nailed walls with a view to assess the stability has been used. A convenient modeling which can provide answers to nearly situ conditions is of particular significance and can significantly reduce operating costs and avoid the risks arising from inefficient design. In the present study, a nailing system with a excavation depth of 8 meters has been modeled and observed by using the three constitutive behavioral methods; Mohr Coulomb (MC), hardening soil (HS) and hardening soil model with Small-Strain stiffness ensued from small strains (HSS). There is a little difference between factor of safety and the forces predicted by the three models. As extremely small lateral deformations exert effect on stability and the overall deformation of a system, the application of advanced soil model is essential. Likewise, behavioral models such as HS and HSS realize lower amounts of the heave of excavation bed and lateral deformation than MC model.

The Evolving Roles of the Public and Private Sectors in Korea's Public Rental Housing Supply

  • Kim, Yoon-jung;Park, Hye Jung
    • Architectural research
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    • v.22 no.3
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    • pp.85-95
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    • 2020
  • While there has been a substantial amount of studies on public rental housing of Korea, most have focused on housing policy changes, international comparisons, and current characteristics and future prospects. This article aims to examine the evolving roles of the national and local governments, and the private sector in provision of Korea's public rental housing. The findings suggest that one, although the wave of neoliberalism and financial crisis have prompted the national government to reduce its role and to encourage engagement of other actors by utilizing incentivizing tools, it has continued to assume a central position in formulating and implementing housing supply plans. Two, local governments have played a marginal role throughout the history of public rental housing supply, although they have expanded their participation through redevelopment projects and utilization of existing housings. Three, private sector actors have expanded their role to delivering public benefits of making housing available for a wider range of populace leveraging various incentives that make projects financially more feasible. The study poses a question on how responsibilities and risks can appropriately be allocated among three key actors to achieve housing welfare going forward.

Research Priorities in Light of Current Trends in Microsurgical Training: Revalidation, Simulation, Cross-Training, and Standardisation

  • Nicholas, Rebecca Spenser;Madada-Nyakauru, Rudo N.;Irri, Renu Anita;Myers, Simon Richard;Ghanem, Ali Mahmoud
    • Archives of Plastic Surgery
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    • v.41 no.3
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    • pp.218-224
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    • 2014
  • Plastic surgery training worldwide has seen a thorough restructuring over the past decade, with the introduction of formal training curricula and work-based assessment tools. Part of this process has been the introduction of revalidation and a greater use of simulation in training delivery. Simulation is an increasingly important tool for educators because it provides a way to reduce risks to both trainees and patients, whilst facilitating improved technical proficiency. Current microsurgery training interventions are often predicated on theories of skill acquisition and development that follow a 'practice makes perfect' model. Given the changing landscape of surgical training and advances in educational theories related to skill development, research is needed to assess the potential benefits of alternative models, particularly cross-training, a model now widely used in non-medical areas with significant benefits. Furthermore, with the proliferation of microsurgery training interventions and therefore diversity in length, cost, content and models used, appropriate standardisation will be an important factor to ensure that courses deliver consistent and effective training that achieves appropriate levels of competency. Key research requirements should be gathered and used in directing further research in these areas to achieve on-going improvement of microsurgery training.

Subjective Symptoms of Cumulative Trauma Disorder in Furniture Manufacturing Workers (가구제조업 근로자의 누적외상성장해에 대한 자각증상)

  • Lee, Kyoung Ok
    • Korean Journal of Occupational Health Nursing
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    • v.6 no.1
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    • pp.44-52
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    • 1997
  • This study was carried out from January to March in 1996 to investigate subjective symptoms of cumulative trauma disorder (CTD). This survey was done by questionnaire of the Personal Ergonomics Profiles (PEP), which was developed by Johnson & Johnson. Number of respondents was 365 employees who were working in three furniture manufactories in Kwangjoo at Province Kyungki. The results were as follows : 1. There was no difference between clerical and labor workers in pain frequencies classified by general characteristics. However, labor workers showed statistically significant differences between working process in pain frequencies. Employees undertaking lifting work showed highest scores in frequencies of pain complaints. Comparing the number of pain occurrences, the married and the female was resulted in high score than the single and the male. There was no differences between ages and working experiences in group. 2. According to the mean frequency of body pain, the back was the most part to be complained in 1. 16 and followed by shoulder, neck, knee, wrist/hand, and forearm in order. Although, the study results showed that the workers working in furniture manufacture were not shown that they have had severe CTD, the female, the married and the the lifting workers were indicated as risk groups to CTD. Therefore, the development of backache prevention programe is necessary to manage pain control and to reduce health risks of CTD employees in their work environment.

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Shrinkage Model Selection for Portfolio Optimization on Vietnam Stock Market

  • NGUYEN, Nhat;NGUYEN, Trung;TRAN, Tuan;MAI, An
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.135-145
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    • 2020
  • This paper provides the practical application of a linear shrinkage framework on Vietnam stock market. The cumulative data points observed in this analysis are 468 weeks from January 2011 to December 2019. All the companies listed on Ho Chi Minh City Stock Exchange (HOSE), except the companies under two years period from Initial Public Offering (IPO), are considered. The cumulative number of stocks picked is therefore 350 companies. The VNINDEX, which is the Vietnam Stock Index, is used as a reference index for shrinking to a single-index model. The empirical results show that the shrinkage of covariance matrix for portfolio optimization gives the promising results for the investors on Vietnam stock market. The shrinkage method helps the investors to produce the optimal portfolio in the sense of having higher profit with lower levels of risk compared to the portfolio of the traditional SCM method. Moreover, the portfolio turnover of shrinkage method is always kept at low magnitudes, and this makes the shrinkage portfolios save much transaction costs and reduce the liquidity risks in the trading process. In addition, the ability of shrinkage method in making profit is once again confirmed by the Alpha coefficient that achieves a high positive value.

A Firm's Environmental Determinants Impacting the Information Security Management and the Moderating Effects of Regulatory Influence (정보보안관리에 영향을 미치는 기업환경요소와 규제자 영향의 조절효과)

  • Kim, Sang-Hyun;Kim, Geun-A
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.3
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    • pp.79-94
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    • 2012
  • According to the higher dependence of contemporary firms on data digitalization and the information technology, the role and importance of Information Security Management (ISM) is getting higher. Thus, there is a need to arrange proper procedure and a series of device within the organization in order to reduce diverse security risks, which take place from the inside and the outside of firm. In other words, prior examination for reinforcing recognition of ISM, and of a systematic performance method in the refined form is important. This study investigate the key variables influencing the ISM. Thus, this study suggests firm environmental factors that include four exogenous variables, market volatility, task interdependence, perceived benefits, and coordination mechanism affecting awareness of ISM. In addition, it proposes a concept of the ISM process with awareness, development, and performance, and examines the moderating effects of regulatory influence. The research model was tested by using Structural Equation Modeling, via SmartPLS 2.0 analysis on a sample collected from 186 employees in various industries. The research results provide the evidence that supports the tested hypotheses except significance of coordination mechanism. The implications of the findings suggest a new theoretical framework of the ISM and offers important solutions for the practical application guidelines.

A Study on the Implementation of ERP System through ASP in the Small-to-Medium Enterprises (중소기업의 ASP를 기반으로 한 ERP 시스템 도입에 관한 연구)

  • Lim, Byung-Ha
    • International Commerce and Information Review
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    • v.7 no.1
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    • pp.95-117
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    • 2005
  • The purpose of this study is to provide a conceptual understanding of ASP service for ERP implementation in small-to-medium enterprises under the current market situation in which the significance of information systems was standing out to respond to the rapid changes of managerial environment caused by the spread of Internet. In addition, it was to extract practical causes of introduction of ERP through ASP services by analyzing the causes and benefits considered by small-to-medium enterprises which use it. This study confirms that using ASP is better, faster and cheaper. Therefore, it is inevitable. The enterprises can reduce many risks of in-House ERP system such as excessive initial investment and operational expenses, lengthened constructional time, and the possibility of failure while achieving the benefit of ERP solution. However, there are many considerations which the enterprise carefully take into in order to implement the systems successfully such as selecting the system which is right for the enterprise's environment by setting the goal of implementing the system clearly, reducing the construction time by minimizing the customizing of the system, including the core people who knows the business process well, enough education before and after the implementation, and considering many aspect of ASP service provider. Also, the service provider should develop new way to provide customized service with cheap price while guaranteeing the reliability and supporting the customer's needs actively.

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