• Title/Summary/Keyword: Strategic achievement

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Analysis on Factors Influencing the Achievement of Break-even Point among the Creativity and Skill-based Sole Proprietors (1인 창조기업의 손익분기점 도달 영향요인 분석)

  • Kim, Sun-Young;Lee, Byung-heon
    • Asia-Pacific Journal of Business
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    • v.12 no.1
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    • pp.151-163
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    • 2021
  • Purpose - The break-even point refers to the point where total profit and total cost coincide, and from this point on, the entrepreneur's decision-making takes a different route. Strategic decisions can be made for more efficient operation and eventually for more likelihood for growth and sustainability if a startup figures out when it recoups the investment and switches to a net profit. Design/methodology/approach - 748 creativity and skill-based sole proprietors in manufacturing industry were examined to demonstrate the effect of the entrepreneur's entrepreneurial experience and education level, the business launch preparation time, or the self-financing on the achievement of break-even point. Findings - While the business launch preparation time lowered the likelihood of reaching a break-even point, self-financing increased the likelihood. As a result of further analysis by subdividing into subgroups according to skill level, only the business launch preparation time was statistically significant in the highly skilled industries. In the low skilled industries, in addition to the business launch preparation time, the CEO's education level and the self-financing were statistically significant. Research implications or Originality - The longer the business launch preparation time, the higher the start-up cost, which increases the burden of initial cost recovery, and the agile response to market changes is thereby delayed, resulting in the business idea losing its appeal. Self-financing not only provides stability and strong motivation for the business operation but also promotes careful spending which contributes to the achievement of break-even point. In particular, it is found that practical experience is more useful than theoretical knowledge in low skilled industries. Due to the limitation of secondary data based on the recollection, the time required to reach a break-even point, percentage of financing sources, etc. may include cognitive errors. In addition, variables are not included that explain the characteristics of creativity and skill-based sole proprietorship, so it is necessary to exercise caution with the actual application.

Organizational Knowledge Acquisition: A Fuzzy GSS Framework (조직의 지식 획득: 퍼지 GSS 프레임웍)

  • 이재남
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 1999.10a
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    • pp.111-120
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    • 1999
  • Although the concept of viewing knowledge as a critical resource has been widely accepted in prior studies, it is not fully understood how to acquire available knowledge in order to improve organizational effectiveness. However, it si sure that organizational knowledge management should pursuit the achievement of the business goal by delivering relevant and useful information to the right person at the right time. Group Support System (GSS) can play an important role to transfer scatter information into meaningful business knowledge for supporting strategic corporate decision-making. This study proposes a fuzzy GSS framework for acquiring workgroup knowledge from individual memory and aggregating workgroup knowledge to organizational knowledge. This study also proposes an architecture to support the fuzzy GSS framework. The architecture consists of user agents, information management agents, and a fuzzy model manager. To illustrate how the fuzzy GSS framework can be used to support the whole process of organization knowledge acquisition, an Internet-based GSS was developed and applied in a marketing decision process. It showed that the framework was effective for acquiring organizational knowledge.

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Performance Evaluation of Knowledge Workers in Knowledge-based Organization (지식기반조직의 지식근로자 성과평가에 관한 연구)

  • 민재형;이영찬;정순여
    • Journal of the Korean Operations Research and Management Science Society
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    • v.25 no.3
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    • pp.137-154
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    • 2000
  • This paper suggests a balanced scorecard (BSC) framework for measuring and evaluating the performance of knowledge workers in professional service firms(PSFs) which are typical knowldege-based organizations. As a strategic learning system, the balanced scorecard allows business leaders to drive and modify their business strategies based on the balanced measurement of key performance indicators(KPIs), which are basically divided into four domains such as financial achievement, customer orientation, internal business process, and innovation and learning. Conducting a focused case study on performance evaluation of knowledge workers from a balanced viewpoint, we could evaluate their competency and potential in more comprehensive manner. We also employ the analytic hierarchy process (AHP) approach for derive relative weights of key performance indicators and link it to a spreadsheet model for rating the individual performance of knowledge workers in a systematic way.

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Improvement of Logistics Service in Electronic Commerce (전자상거래에서의 물류서비스 개선방안)

  • Lee, Seung-Hui
    • 한국디지털정책학회:학술대회논문집
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    • 2004.05a
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    • pp.525-544
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    • 2004
  • The Purpose of this study is to examine logistics characteristics related to electronic commerce and to suggest improvement of logistics Service in electronic commerce. This paper concerns the logistics functions which are essential for completing a commerce process even under the EC environment and provides ways to improve the logistics performance. Electronic commerce have introduced two scenes; dramatic change of the existing distribution surroundings and noticeable achievement of the economic advance and social efficiency. But, in the same scene, electronic commerce can be a threat to business condition, especially logistics management. It suggests that for activation of EC it is necessary to strengthen the strategic alliances, introduce GPS and use the third party logistics positively to prepare for the settlements of traffic problems, support the introduction of integrated logistics service and logistics information system.

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The study on the base investigation to industrial situation for e-Navigation (e-Navigation관련 산업현황에 관한 기초연구)

  • Kang, Byoung-Je;Choung, Kwang-Gyo
    • Journal of Korea Ship Safrty Technology Authority
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    • s.24
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    • pp.57-73
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    • 2008
  • The United Kingdom proposed the development of the strategic vision for e-Navigation at MSC 81 held in 2006. As the development is under way, the concept has not been specified yet. Moreover, It has not come to agreement what information is important and treated in priority for e-Navigation. Korea has been studying it in the various points of view, but no achievement until now. This study looks into the development methods for e-Navigation in Korea through examining international movement and industrial situation as to e-Navigation.

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A study on the formation process of opportunism in strategic alliance (전략적 제휴에서의 기회주의행동 유발과정에 관한 연구)

  • Kang, Inwon;Park, Kyungsin
    • International Commerce and Information Review
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    • v.17 no.3
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    • pp.225-250
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    • 2015
  • While strategic alliance of multinational corporation has boost, opportunistic behavior is also increased recently. This study examines the cause of opportunism in strategic alliance by focusing on the development of opportunistic behavior, a process in which resource complementarity and risk perception decides attitudinal direction, ultimately leading to opportunism. Empirical test based on 257 alliance participants shows that risk perception had a greater influence on firms' attitudinal and behavioral directions compared to benefit perception. Notably, relational risk heavily influenced firms' competitive attitude and opportunistic behavior. Finally, the study concludes that firms' competitive and independent attitude caused by risk perception negatively influence alliance outcome. Based on the results, it is drawn that alongside the external tools such as surveillance, control, monitoring or legalistic pleas, management of risk perception during the alliance process has significance influence on the achievement of alliance goals.

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A Study on the effect of Learning organization activities on the Job burnout -Trustworthiness as a Moderating variable- (학습조직활동이 직무소진에 미치는 영향 -상사 신뢰성의 조절효과를 중심으로-)

  • Kim, Jin-Wook;Chang, Young-Chul
    • Management & Information Systems Review
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    • v.35 no.4
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    • pp.185-211
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    • 2016
  • This study examined the impact of learning organization activities on burnout and the moderating effect of supervisor trust in a learning organization. The results of the study shows that among the activities of a learning organization, independent variables in this study, promoting inquiry and dialogue as well as encouraging collaboration and team learning affect burnout. In other words, the dedication of an organization to creating a culture in which various learning approaches are experimented through questioning and giving feedback as well as collaborative learning that can reinforce the effective use of team resources have an impact on reducing emotional exhaustion, which is considered to be at the core of burnout. Plus, these factors reduce impersonalization, which is activated to prevent further emotional exhaustion by dealing with customers, colleagues and jobs in a cold, negative and perfunctory way. In this study, the dimensions of promoting inquiry and dialogue as well as encouraging collaboration and team learning were found to reduce the decline in personal sense of achievement of an employee with a negative assessment of himself or herself derived from a lack of achievement in his or her job. Supervisor trust (integrity, benevolence and ability) had a moderating effect on the relationship between strategic learning leadership and impersonalization/emotional exhaustion. This suggests that the trust of supervisor helps mediate and moderate the emotional exhaustion and impersonalization of organizational members by encouraging leaders to drive change and take the organization to a new direction. The study has provided implications that communication plays an important role in reducing burnout in the learning context such as positive, appreciative inquiry and feedback analysis to identify strength, and that supervisor trust is critical in order to ensure strategic learning leadership exerts greater influence on the organization.

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The Effect of CEO'S Characteristics, Management Control on Organization Performance (CEO특성, 경영통제가 재무성과에 미치는 영향)

  • Jung, Jae-Jin
    • The Journal of the Korea Contents Association
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    • v.14 no.5
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    • pp.364-372
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    • 2014
  • In order to improve organization performance by CEO's leadership, the control systems have to be designed in accordance with CEO's strategic orientation. A management control systems (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole considering the organizational strategies. Present study explored the effects of CEO's Characteristics and control on organization performance. So this study adopted 'Risk-taking tendency', 'Achievement motivation' during psychological characteristics of CEO. For the control variable of this study, 'behavior control' and 'result control' were adopted. And for the variable of performance, financial performance was selected. As result of the study, Behavior control affects financial performance highly than result control. Through additional studies conducted during the same period, there is a significant indirect effect of achievement motivation and behavior control.

The Effectiveness of Metacognitive Instruction Models on the Acquisition of Magnetic Field Concepts (초인지 수업 모형이 자기장 개념 형성에 미치는 효과)

  • Lee, Hee-Jung;Kang, Dae-Hun;Paik, Seoung-Hey
    • Journal of Korean Elementary Science Education
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    • v.22 no.2
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    • pp.149-155
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    • 2003
  • The objective of this research was to study the impact of metacognitive lesson models on the formation of magnetic field concepts. The subjects of this research was eighty students from two sixth grade classes. One class of forty of these students was the experimental group, which the metacognitive strategic lesson model was applied, and the other class of forty students was the control group which the traditional lessons were conducted. As the result of the experiment, the experimental group and the control group, which previously did not show difference in terms of achievement of conceptualizing magnetic field, displayed a significant difference. According to the comparison between the pre-experiment test on the students' previous concepts and the achievement of the students after the experiment, the middle group showed difference between the experimental group and the control group in a small degree. The lower group showed a notable difference between the two groups and the higher group showed no difference. In terms of achievements shown in different questions asked, there was little difference in the questions that were stated in the textbook while there was a significant difference in the questions that applied the contents of the textbook. The higher academic group, according to the test on the previous concepts, did not show much difference between the experimental group and the control group when they were asked about the concepts of the textbook. In terms of the comparison in the metacognitive levels, both the higher and lower metacognitive experimental groups' average grade was higher than the control groups' and showed an important statistical difference.

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A Study on the Strategic Globalization Performance of 'Journal of Distribution Science'

  • YANG, Hoe-Chang;CHU, Wujin;HWANG, Hee-Joong;YOUN, Myoung-Kil
    • Journal of Distribution Science
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    • v.20 no.3
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    • pp.59-69
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    • 2022
  • Purpose: The purpose of this study is to provide information for other journals as well as the continuous development of distribution science research by confirming the globalization performance of the Journal of Distribution Science (JDS), the main journal of KODISA. Research Design, Data, and Methodology: A total of 863 papers published in JDS from 2011 to 2021 searched by scienceON were divided into 4 periods and analyzed under the headings of submission system, standardity, collaboration, and degree of achievement of publication goals. SPSS 24.0 and R 4.1.1 package were used to perform the publication frequency analysis, crosstab-analysis, keyword frequency analysis, and LDA topic modeling were performed. In addition, trend analysis with weight applied to each word was performed. Results: It was found that the ratio of English-written papers, which is the indicator of a journal's starndardity, is continuously increasing, and the ratio of overseas authors, which is the indicator of collaboration, is also continuously increasing. It was confirmed through keyword trend analysis by period and LDA topic modeling results - which were weighted to confirm the degree of achievement of the journal's publication goal - that the articles published by the journal has been in agreement with monthly research topic proposed by JDS. Conclusion: By examining the five criteria for globalization, it can be concluded that JDS's efforts for globalization are achieving significant results and providing effective directions for other academic journals. However, in order for JDS to become a top academic journal, it was suggested that efforts should be made to establish a system for collaborative research by domestic and foreign authors, as well as to provide a clear definition for the monthly research topics and classification of sub-topics.