• Title/Summary/Keyword: Trade Strategy

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Methodology of the Spatial Boundary Determination for Trade Area of Large-scale Discount Stores Using GIS and Road Connectivity (GIS와 도로연결성을 이용한 대형할인점 상권의 공간적 범위 설정 방법)

  • Lee, Yong-Ik;Hong, Sung-Eon;Park, Soo-Hong
    • Spatial Information Research
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    • v.18 no.1
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    • pp.11-17
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    • 2010
  • The present study attempts to provide the practical methodology to determine the spatial boundary of trade area, not depending on conventional circle-based regional analysis, but adopting dimension-diverging conception based on GIS and road connectivity by exemplifying a large-scale discount store with an outlook to enhance accuracy and reliability in trade area analyzing. Unlike the preliminary researches frequently relying on circular form of interpretation which were not likely to exclude obstacles blocking the accessibility to trade areas, the method suggested by the study is to suggest an alternative way for demarcating the trade areas more practically with better access by excluding in-between obstacles. Finally, we show verification of proposed cost models and performance by join strategy.

Blockchain-Based Pet Trade Service DApp (블록체인 기반 반려견 거래 서비스 DApp)

  • Cha, Ju Min;Kim, Jeong Gyu;Kim, Yong Yook;Lim, Moo Hyun;Kim, Woosaeng
    • Journal of Information Technology Applications and Management
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    • v.26 no.6
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    • pp.79-87
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    • 2019
  • Blockchain is a distributed network in a decentralized P2P infrastructure. In this paper, we propose and implement a blockchain-based pet trade service DApp(Decentralized Application). In the existing trading services, there is no way to know the status of dogs in interpersonal transactions and an additional distribution cost has been incurred. As a solution to this problem, we introduce a blockchain technology for a pet trade service where users can check whether an individual pet is healthy or not by its registered biometric data in order to have an efficient and confident trade service. The registered users can purchase puppies or registering information for their dogs to sell through a pet trade service DApp. It is also possible to make a reliable trade by verifying whether the dog is actually the same one through an inscription information of a dog.

A Study of the Classification of Research and Trend in the Korea Trade Show (국내 무역전시 연구 분류 및 동향에 관한 연구)

  • Sung, Nak-Suk;Hong, Seon-Eui
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.53
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    • pp.289-313
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    • 2012
  • This study aimed to analyze research trend of the trade show industry in Korea and further to suggest the future direction on the research area where industrial strategies and governmental supports can be made. From 2001 to 2011 by order of 11-year study by analyzing research trends and future direction of policy more effective marketing strategy is precisely to provide direction for research. For the purpose of this study, 169 articles from 49 national level journals of Korea was classified and analyzed. 30 researches in 2005 was published research papers related to the exhibition industry was grew rapidly. According to the analysis, participants behavior of trade show were the most important topic with 33 articles. Various statistical methods such as ANOVA, structural equation model, path analysis, t-test and regression were used. However the study methods of these researches didn't make much progress. The result of this study indicated that we need to study more about the trade show industry of Korea, especially about local economic development and regional demand of trade show.

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Research on the Development Strategies of Confucius Institute for Expanding China's Foreign Trade

  • Yanni, Qiao;Jinge, Yao;Bae, Ki-Hyung
    • International Journal of Contents
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    • v.17 no.3
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    • pp.15-29
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    • 2021
  • The purpose of this paper is to explore how the Confucius Institute Chinese international promotion could better promote the development of China's foreign trade, by analyzing the distribution of the Confucius Institute worldwide, based on the theory of language economics, using SWOT analysis to analyze the advantages and disadvantages of the internal environment, opportunities and challenges of the external environment of Chinese international promotion of Confucius Institute. The following findings were gathered: as a language teaching institution and information exchange platform, Confucius Institute has the ability to share trade information and increase trade opportunities; to improve cultural identity and reduce transaction costs; to promote cultural communication and integration, and drive the development of related industries. The internal disadvantages were mainly reflected in the mismatch between the global regional distribution structure of Confucius Institutes, and the economic and trade structure, such as, the asymmetry between language, culture output, and demand. In addition, the management mechanism was not perfect. External opportunities were mainly new opportunities brought by economic globalization, cultural diversity, and the development of the Belt and Road initiative. External challenges were mainly influenced by the China threat theory and the fierce cultural competition among countries. The corresponding countermeasures were put forward based on the advantages of the platform and grasping the external opportunities: improving the quality of operation and speeding up the localization process; respecting cultural differences and realizing cultural common learning; seeking multilateral cooperation and enhancing the capacity for independent development.

The Impact of Financial and Trade Credit on Firms Market Value

  • ABUHOMMOUS, Ala'a Adden Awni;ALMANASEER, Mousa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1241-1248
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    • 2021
  • This study employs data from CRSP/Compustat files for the period from 2003 to 2017 and applies a panel data analysis. The results of this study show a positive relationship between trade credit and the firm's market value, however, the results show a negative relationship if we test the impact of financial credit on the firm's market value. The results have direct policy implications for investors, the firm's management, and financial strategy. An implication of our study is that using trade credit as a source of financing may give a positive signal of the firm's creditworthiness and increase the firm's market value. Also, the results of our study indicate that the benefits of using trade credit may outperform the cost of using it as a source of finance. Prior studies examine the impact of financial leverage on the firm's value, however, this study contributes to the existing studies that examine the factors that affect the firm's market value by examining the impact of using trade credit finance on the firm's market value. The main limitation of this study is that the results are based on listed firms, using data from unlisted firms is not available.

Re-Evaluation of Free Trade Agreement: Changes in Global Value Chain and Regional Value Contents

  • Lim, Byeong-Ho;Ji, Seong-Tae;Yoo, Jeong-Ho
    • Journal of Korea Trade
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    • v.26 no.2
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    • pp.65-83
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    • 2022
  • Purpose - The purpose of this study is to evaluate the economic effects of FTAs using the concept of value-added exports. So far, the economic effects of FTAs have been dependent on decrease in import prices due to tariff cuts in importing countries, but the actual tariff reduction need to consider the value added of the exporting countries. Design/methodology - Value-added export refers to the added value created in the exporting country out of total exports. Among value-added exports, direct value-added export is interpreted as the Regional Value Contents (RVC), from which the economic effect of the FTA can be analyzed. A modified GTAP-VA model takes into account RVC in order to estimate accurate effects of FTAs. Findings - By the re-evaluation of the FTA based on the RVC, this paper makes it clear that the economic effects of the existing FTA methodology have the possibility of overestimation. In addition, as a new FTA with a strengthened Rules of Origin (ROO) is being initiated, a negative impact on international trade and GVC utilization may occur. Originality/value - This study introduces the concept of value-added export in analyzing the effects of FTAs. The new analysis methodology of this paper emphasizes the importance of value-added exports. Re-organization of GVCs would change regional trade agreements and empower ROO by weakening existing GVCs and transforming the value chain from global into regional scope.

A Study on the Ways of Realization of e-B/L in Korea (국내 전자선하증권의 구현방안에 관한 연구)

  • Ahn, Byung-Soo
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.177-198
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    • 2007
  • Since 1970s, there are many tries to realize electronic bills of lading(e-B/L) in the world and great attention has been shown to the question of law, international trade customs and realizing strategy concerned that instrument. However that tries, include Bolero which is most famous company serving e-B/L, don't succeed yet. Meanwhile, Korean government amended commercial code in order to realize e-B/L on August 3, 2007. Also The Korea Paperless Trade Center set to develop the e-B/L system by spring of 2008. So far, however, no definitive answer has been given to the way of realization of e-B/L in Korea. Getting bigger the importance of analysis to the ways of realization of e-B/L in Korea, in this paper the author attempt to examine the requirements after briefly outlining and analysing the results and problems of the tries and suggest thereby policy and strategy about the realization classified three categories.

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Studying Retailer Strategies through an Integrated E-Business Model: a Multi-Agent Approach

  • Xie Ming;Chen Jian
    • Management Science and Financial Engineering
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    • v.11 no.3
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    • pp.1-17
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    • 2005
  • Agent technology has been widely applied in today's electronic business, such as mobile agents, multi-agent information systems, etc. In particular, multi-agent systems have been applied as powerful simulation tools to study complex business networks composed of various self-interested trading firms and/or human beings. In this paper, we build an integrated model that consists of a multi-agent B2C market model and a B2B trade network model, and incorporate more reality than much of prior work. Then with this model, we carry out experimental studies on two different strategies that are common in electronic business - 'loyal' strategy (retailers try to build stable cooperation with suppiers to ensure material supply) and 'cost-saving' strategy (retailers try to reduce cost by choosing suppliers with lower wholesale price).

A Controller Design for Semi-active Suspension System Using Wavelet Treasform and Evolution Strategy (웨이브릿 변환과 진화전략에 의한 반능동 현가장치의 제어기 설계)

  • Kim, Dae-Jun;Kim, Han-Soo;Jeon, Hyang-Sig;Choi, Young-Kiu;Kim, Sung-Shin
    • The Transactions of the Korean Institute of Electrical Engineers D
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    • v.50 no.3
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    • pp.120-129
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    • 2001
  • A two-degree-of-freedom quarter-car model is used as the basis for LQ and the proposed controller design for a semi-active suspension. The LQ controller results in the best rms performance trade-offs(as defined by performance index) between ride, handling and packaging requirements. In LQ controller, however, the conflict between road holding and ride comfort remains. The adaptive semi-active suspension control based on the road frequency are introduced in this paper. With this method, the trade-off between road holding and ride comfort can be relaxed. The road frequency is estimated by wavelet transform if rattle space signal. The simulation results show that the proposed controller is superior to the conventional LQ controller.

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Japan's implication & strategy to the TSR corridor (TSR에 대한 일본의 전략과 시사점)

  • Park, Eun-Kyung
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.1839-1852
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    • 2008
  • Japanese government actively took part in the TSR modernization. the amount of trade between Russia & Japan increased increasingly by 55%, as the individual income increases in Russia, it becomes a big scale consuming market, therefore Japan concentrates on lobby to push into the russian continent and also Japanese government will participate in aggressively to the cooperation with Russian government, loaning to the TSR modernization & trade insurance, high speed train introduction, and introduction of transport system. this study checks and analyzes the japan's concrete methods & strategy to advance to the continent, and also this case can be applied to South korea, if TKR corridor is continuously blocked. I want to review the cooperation of north & south, and the project of continental railways.

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