• Title/Summary/Keyword: Return on Investment (ROI)

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A Proposed Framework for Evaluating the Return on Investment of E-Learning Programs at Saudi Universities

  • Hanaa Yamani
    • International Journal of Computer Science & Network Security
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    • v.23 no.2
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    • pp.39-46
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    • 2023
  • The purpose of this study is to introduce a proposed Framework for Evaluating the Return on Investment (ROI) of E-Learning Programs at Saudi Universities. To achieve this goal, the descriptive analysis methodology is used to analyze the literature review about e-learning and its evaluation from different viewpoints, especially from the ROI-related perspective. As well as the literature reviews related to ROI and the methods of calculating it inside society institutes. This study suggests a conceptual framework for evaluating the ROI of E-Learning Programs at Saudi Universities. This framework is based on the merging process among the analyze, design, develop, implement, and evaluate (ADDIE) model for designing e-learning programs, which gives detailed procedures for executing the program, several evaluating models for e-learning, and the Kirkpatrick model for evaluating the ROI of e-learning. It consists of seven stages (analysis, calculating the costs, design, development, implementation, calculation of the benefits, and calculation of the final ROI).

Measuring Return on Government Investment in Small Business Networking Project (정보화 사업의 정부 투자 효과 분석 : 소기업 네트워크화 사업을 중심으로)

  • Kim Jinhan;Lee Yoonseok;Baek Jonghyun;Min Jae H
    • Korean Management Science Review
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    • v.21 no.2
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    • pp.253-272
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    • 2004
  • This paper discusses how to develop a comprehensive performance evaluation framework and measure Quantitative and Qualitative benefits of 'Small Business Networking Project' which has been supported by Korean Government since September 2001. Employing BSC framework to identify various benefits realized from the project, we suggest specific procedure and method of deriving ROI (return on investment) for analyzing the benefits against the costs associated with the project, where we restrict our attention to the government investment. From the study, we show that ROI analysis can be served as a useful means to validate government projects as well as uncover specific problem areas to handle in the course of implementing them. Moreover. the ROI analysis we present in this paper can also be applied to pre-evaluate similar government investments.

A Study of Financial Performance using DuPont Analysis in Food Distribution Market

  • Kim, Hak-Seon
    • Culinary science and hospitality research
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    • v.22 no.6
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    • pp.52-60
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    • 2016
  • This study attempts to measure the financial performance of the food distribution company. In order to achieve the goal, this study have measured the ratios of ROE, ROA applying the DuPont analysis, which have been demonstrated with tables to show the change periodically. DuPont analysis is based on analysis of Return on Equity (ROE) & Return on Investment (ROI). The return on equity disaggregate performance into three components: Net Profit Margin, Total Asset Turnover, and the Equity Multiplier. The return on investment consists of Assets Turnover (Operating Income${\times}$Total Assets) and Profit Margin (EBIT${\times}$Operating Income). From the study it if found that Hyundae Green Food's Financial performance is high followed by Foodmerce and then Dongwon home food and Lotte Food. The four companies are significant at their level. In conclusion, ROE & ROI is the most comprehensive measure of profitability of a firm. It considers the operating and investing decisions can be made as well as the financing and their leverage-related decisions.

Usability Return On Investment Framework Based on Balanced ScoreCard (균형성과지표를 활용한 Usability 투자 성과관리 Framework 개발)

  • 이주환;윤명환
    • Proceedings of the Korean Society for Emotion and Sensibility Conference
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    • 2003.11a
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    • pp.1241-1242
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    • 2003
  • 본 연구는 Usability의 투자 성과관리(ROI: Return On Investment)를 위한 균형성과지표(BSC: Balanced ScoreCard) 관점에서의 Framework 개발을 목표로 한다. 2000년 이후 Usability에 대한 투자 규모는 높은 증가세를 유지해 왔으나 대규모 투자가 진전되는 가운데 Usability투자의 수익성을 어떻게 확보하고, 그 효과(Effectiveness)는 어떻게 측정할 것인가 하는 문제는 상대적으로 관심을 끌지 못하고 있다. Usability 투자에 대한 시스템적 성과관리를 위해 개발된 Usability BSC Framework은 BSC의 4가지 관점에서 Usability 투자성과관리에 대한 변형된 관점의 모델을 제안한다.

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An Analysis of Return on Investment of Corporate e-Learning Program (기업 전자교육훈련프로그램의 교육투자수익률(ROI) 분석)

  • Lee, Hyun-Kyung
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2010.07a
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    • pp.479-483
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    • 2010
  • 본 논문에서는 기업의 전자교육훈련프로그램(e-learning program)의 교육투자수익률(ROI)을 산출하여 전자교육훈련프로그램의 효과성을 분석하는 방법을 제안한다. ROI 모델을 통해 전자교육훈련프로그램의 교육투자수익률을 산출하는 것은 결코 쉬운 일이 아니다. 그러나 투자 대비 수익을 중시하는 기업에 있어서 교육투자수익률을 분석하는 것은 교육훈련프로그램의 효과성을 검증하고 투자여부를 결정하는데 있어 매우 중요한 근거가 된다. 본 연구는 특정 회사의 전자교육훈련프로그램의 투자수익률을 산출하여 전자교육훈련프로그램을 운용하는 모든 기업의 전자교육훈련프로그램의 투자수익률을 규명하는 데에 시사점을 제공하고 향후 전자교육훈련프로그램의 투자 및 운용에 있어 중요한 기초 자료를 제공하는 데 목적이 있다.

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The Impact of Big Data Investment on Firm Value

  • Min, Ji-Hong;Bae, Jung-Ho
    • Journal of Distribution Science
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    • v.13 no.9
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    • pp.5-11
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    • 2015
  • Purpose - The purpose of this research is to provide insights that can be used for deliberate decision making around challenging big data investments by measuring the economic value of such big data implementations. Research design, data, and methodology - We perform empirical research through an event study. To this end, we measure actual abnormal returns of companies that are triggered by their investment announcements in big data, or firm size information, during the three-year research period. The research period targets a timeframe after the introduction of big data at Korean firms listed on the Korea stock markets. Results - Our empirical findings discover that on the event day and the day after, the abnormal returns are significantly positive. In addition, our further examination of firm size impacts on the abnormal returns does not show any evidence of an effect. Conclusions - Our research suggests that an event study can be useful as an alternative means to measure the return on investment (ROI) for big data in order to lessen the difficulties or decision making around big data investments.

Return on Investment(ROI) Model of Crew Resource Management Training : Reactor Trips' Aspects (Crew Resource Management 교육훈련 투자수익률 모델 : 원자로 불시정지 측면)

  • Kim, Sa-Kil;Byun, Seong-Nam;Lee, Deok-Joo;Lee, Dhong-Hoon;Jeong, Choong-Heui
    • Journal of Korean Institute of Industrial Engineers
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    • v.35 no.2
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    • pp.178-184
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    • 2009
  • The Nuclear Power Plant(NPP) industry in Korea has been making efforts to reduce the human errors which have largely contributed to about 150 nuclear reactor trips since 2001. Recently, the Crew Resource Management(CRM) training has risen as an alternative countermeasure against the nuclear reactor trips caused by human errors. The effectiveness of CRM training in NPP industry, however, has not been proven to be significant yet. In this study a return on investment(ROI) model is developed to measure the effectiveness of CRM training for the operators in Korean NPP. The model consists of mathematical expressions including multiple variables affecting the CRM training impacts and nuclear reactor trips. Implication of the model is discussed further in detail.

A Study on Measurement Method of BIM ROI in Architectural Design Firm (건축설계에서 BIM ROI 측정방법 연구: 중소규모 설계사무소 실무중심으로)

  • Son, Junick;Ock, Jongho
    • Korean Journal of Computational Design and Engineering
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    • v.21 no.3
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    • pp.267-280
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    • 2016
  • In the construction industry, adoption of BIM is a global tendency whereas it doesn't seem to be fully activated in domestic market. Thus, the need of BIM ROI measurement is emerging. There has been a few researches which is only focused on evaluating achievement of BIM in constructional stage. However, it's hard to find any studies on the case of measurement of BIM ROI at the design phase. Therefore, this paper analyzes the domestic and external 12 advanced researches in the measurement of BIM ROI and suggests common investment and return facts. Based on this, this paper proposes a measuring method which is applicable in domestic architectural firms. To determine the appropriateness of the measure, there has been an expert survey and interview. According to the expert survey, the measure itself is practical. But in other survey targeting industry employee, actual profit and efficiency appear to be significantly different from previous expectations. In short, in the domestic conditions in the design stage, the introduction of BIM doesn't have a practical effect and this is one of the main reason why BIM can't be fully functional.