• Title/Summary/Keyword: Transaction structure

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Analysis of Factor Hindering and Promotion Strategy on the Direct Marketing of Agricultural Products (농산물 직거래 유통채널별 저해요인 분석과 활성화 방안)

  • Kim, Deok-Hyeon;Park, Gil-Seog;Lee, Su-Young;Lee, Seung-Hyun
    • Journal of Distribution Science
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    • v.14 no.12
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    • pp.71-78
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    • 2016
  • Purpose - This paper is for the Analysis on the Hindrance Factors and Activation Scheme by the Type of Distribution Channel in Direct transaction of Agricultural Products. As the distribution structure of agricultural products has become changable, farmers seem to use the type of direct distribution in order to enhance the receiving price. This study aims to explore the hindrance factors and income variation rate in direct transaction of agricultural produces, specifically focusing on the 167 farmers. Research design, data, and methodology - To ascertain the hindrance factors exactly by the type of distribution channel, the managements were classified by four subcategories, that is high sales percentage with shopping malls, SNS, shopping malls and SNS, and off-line direct transaction. Results - As a result of the hypothesis test, hinderance factors in online direct deal activation were found to be in the order of the difficulty in continuous content production, the difficulty in shopping mall operation and maintenance, and the difficulty in card commission problems, and in the order of the difficulties in continuous content production, the difficulty in continuous content production, the difficulty in shopping mall operation and maintenance, and the difficulty in branding for the SNS group. Thus, it can be seen that the difficulty in continuous content production, shopping mall operation and maintenance were found to be the biggest obstacles. In addition, hindering factors in online direct deal activation were found to be in the order of the difficulty in credit card settlement, the difficulty in publicity, and the difficulty in dealing with unsold goods. The group with high sales rate in shopping mall was found to be increased by 23.9% in the gross income compared to the previous year, the group with high SNS sales ratio increased by 56.5%, the group with direct offline transaction increased by 37.1%, among which the group with the highest increase rate of SNS sales ratio was found to be the highest from the rate of increase/decrease of the income, which was statistically significant. Conclusions - It can be suggested that government and local government may provide agricultural management with supporting plan which in turn can activate direct transaction in any possible ways.

Load Balancing of Unidirectional Dual-link CC-NUMA System Using Dynamic Routing Method (단방향 이중연결 CC-NUMA 시스템의 동적 부하 대응 경로 설정 기법)

  • Suh Hyo-Joon
    • The KIPS Transactions:PartA
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    • v.12A no.6 s.96
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    • pp.557-562
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    • 2005
  • Throughput and latency of interconnection network are important factors of the performance of multiprocessor systems. The dual-link CC-NUMA architecture using point-to-point unidirectional link is one of the popular structures in high-end commercial systems. In terms of optimal path between nodes, several paths exist with the optimal hop count by its native multi-path structure. Furthermore, transaction latency between nodes is affected by congestion of links on the transaction path. Hence the transaction latency may get worse if the transactions make a hot spot on some links. In this paper, I propose a dynamic transaction routing algorithm that maintains the balanced link utilization with the optimal path length, and I compare the performance with the fixed path method on the dual-link CC-NUMA systems. By the proposed method, the link competition is alleviated by the real-time path selection, and consequently, dynamic transaction algorithm shows a better performance. The program-driven simulation results show $1{\~}10\%$ improved fluctuation of link utilization, $1{\~}3\%$ enhanced acquirement of link, and $1{\~}6\%$ improved system performance.

A Conceptual Review of the Transaction Costs within a Distribution Channel (유통경로내의 거래비용에 대한 개념적 고찰)

  • Kwon, Young-Sik;Mun, Jang-Sil
    • Journal of Distribution Science
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    • v.10 no.2
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    • pp.29-41
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    • 2012
  • This paper undertakes a conceptual review of transaction cost to broaden the understanding of the transaction cost analysis (TCA) approach. More than 40 years have passed since Coase's fundamental insight that transaction, coordination, and contracting costs must be considered explicitly in explaining the extent of vertical integration. Coase (1937) forced economists to identify previously neglected constraints on the trading process to foster efficient intrafirm, rather than interfirm, transactions. The transaction cost approach to economic organization study regards transactions as the basic units of analysis and holds that understanding transaction cost economy is central to organizational study. The approach applies to determining efficient boundaries, as between firms and markets, and to internal transaction organization, including employment relations design. TCA, developed principally by Oliver Williamson (1975,1979,1981a) blends institutional economics, organizational theory, and contract law. Further progress in transaction costs research awaits the identification of critical dimensions in which transaction costs differ and an examination of the economizing properties of alternative institutional modes for organizing transactions. The crucial investment distinction is: To what degree are transaction-specific (non-marketable) expenses incurred? Unspecialized items pose few hazards, since buyers can turn toalternative sources, and suppliers can sell output intended for one order to other buyers. Non-marketability problems arise when specific parties' identities have important cost-bearing consequences. Transactions of this kind are labeled idiosyncratic. The summarized results of the review are as follows. First, firms' distribution decisions often prompt examination of the make-or-buy question: Should a marketing activity be performed within the organization by company employees or contracted to an external agent? Second, manufacturers introducing an industrial product to a foreign market face a difficult decision. Should the product be marketed primarily by captive agents (the company sales force and distribution division) or independent intermediaries (outside sales agents and distribution)? Third, the authors develop a theoretical extension to the basic transaction cost model by combining insights from various theories with the TCA approach. Fourth, other such extensions are likely required for the general model to be applied to different channel situations. It is naive to assume the basic model appliesacross markedly different channel contexts without modifications and extensions. Although this study contributes to scholastic research, it is limited by several factors. First, the theoretical perspective of TCA has attracted considerable recent interest in the area of marketing channels. The analysis aims to match the properties of efficient governance structures with the attributes of the transaction. Second, empirical evidence about TCA's basic propositions is sketchy. Apart from Anderson's (1985) study of the vertical integration of the selling function and John's (1984) study of opportunism by franchised dealers, virtually no marketing studies involving the constructs implicated in the analysis have been reported. We hope, therefore, that further research will clarify distinctions between the different aspects of specific assets. Another important line of future research is the integration of efficiency-oriented TCA with organizational approaches that emphasize specific assets' conceptual definition and industry structure. Finally, research of transaction costs, uncertainty, opportunism, and switching costs is critical to future study.

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A Digital Forensic Method for File Creation using Journal File of NTFS File System (NTFS 파일 시스템의 저널 파일을 이용한 파일 생성에 대한 디지털 포렌식 방법)

  • Kim, Tae Han;Cho, Gyu Sang
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.2
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    • pp.107-118
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    • 2010
  • This paper proposes a digital forensic method to a file creation transaction using a journal file($LogFile) on NTFS File System. The journal file contains lots of information which can help recovering the file system when system failure happens, so knowledge of the structure is very helpful for a forensic analysis. The structure of the journal file, however, is not officially opened. We find out the journal file structure with analyzing the structure of log records by using reverse engineering. We show the digital forensic procedure extracting information from the log records of a sample file created on a NTFS volume. The related log records are as follows: bitmap and segment allocation information of MFT entry, index entry allocation information, resident value update information($FILE_NAME, $STANDARD_INFORMATION, and INDEX_ALLOCATION attribute etc.).

Implementation of Prosumer Management System for Small MicroGrid (소규모 마이크로그리드에서 프로슈머관리시스템의 구현)

  • Lim, Su-Youn;Lee, Tae-Won
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.13 no.6
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    • pp.590-596
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    • 2020
  • In the island areas where system connection with the commercial power grid is difficult, it is quite important to find a method to efficiently manage energy produced with independent microgrids. In this paper, a prosumer management system for P2P power transaction was realized through the testing the power meter and the response rate of the collected data for the power produced in the small-scale microgrids in which hybrid models of solar power and wind power were implemented. The power network of the microgrid prosumer was composed of mesh structure and the P2P power transaction was tested through the power meter and DC power transmitter in the off-grid sites which were independently constructed in three places. The measurement values of the power meter showed significant results of voltage (average): 380V + 0.9V, current (average): + 0.01A, power: 1000W (-1W) with an error range within ±1%. Stabilization of the server was also confirmed with the response rate of 0.32 sec. for the main screen, 2.61 sec. for the cumulative power generation, and 0.11 sec for the power transaction through the transmission of 50 data in real time. Therefore, the proposed system was validated as a P2P power transaction system that can be used as an independent network without transmitted by Korea Electric Power Corporation (KEPCO).

Licensing Contract between International Joint Venture Partners and Compensation Structure (국제합작투자에서 합작파트너 간 내부기술계약과 기술대가 지급방식 선택에 관한 연구)

  • Lee, Eung-Sok
    • Journal of Technology Innovation
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    • v.15 no.1
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    • pp.175-201
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    • 2007
  • Licensing contracts between partners in International Joint Ventures(IJV) have not only aspects of relation contract, which is interdependent and long-term cooperative relationships in interpartner but also aspects of discrete contract which is exposed to opportunistic risk caused by IJV partners who maximize individual profit instead of joint payoff maximization. In this circumstance, appropriate compensation structures such as lump-sum and royalty can reduce conflicts and spur interpartner cooperation. In addition, compensation structures that stipulate each party's rights, duties, and responsibilities under various sets of environmental conditions have strong implications for transaction cost minimization and joint payoff maximization. On the other hands, compensation structures such as lump-sum and royalty in IJV licensing contract have benefits and costs depending on IJV partners uncertainty, partner dependency, and environment uncertainty. Therefore, the purpose of this paper is to empirically show how partner uncertainty, partner dependence and environment uncertainty influence compensation structure chosen by licensor in IJV.

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Data Mining for Strategy focused CRM Structure (전략중심의 CRM구조의 데이터마이닝)

  • Yoon Yong W.
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.399-405
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    • 2004
  • With the explosive growth of information sources available under various information technology and business environment, it has become increasingly necessary for determining effective marketing strategies and optimizing the logical structure of the CRM data mining system. In this paper, we present an overview of the data mining for strategy focused CRM structure. This includes preprocessing, transaction identification and data integration components. We describe the main part of this paper to the discussion of processes and problems that characterize the mining tools and techniques, identify the CRM data mining, and provide a general architecture of a system to do focused CRM data mining that require further research and development.

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A Methodology for Searching Frequent Pattern Using Graph-Mining Technique (그래프마이닝을 활용한 빈발 패턴 탐색에 관한 연구)

  • Hong, June Seok
    • Journal of Information Technology Applications and Management
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    • v.26 no.1
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    • pp.65-75
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    • 2019
  • As the use of semantic web based on XML increases in the field of data management, a lot of studies to extract useful information from the data stored in ontology have been tried based on association rule mining. Ontology data is advantageous in that data can be freely expressed because it has a flexible and scalable structure unlike a conventional database having a predefined structure. On the contrary, it is difficult to find frequent patterns in a uniformized analysis method. The goal of this study is to provide a basis for extracting useful knowledge from ontology by searching for frequently occurring subgraph patterns by applying transaction-based graph mining techniques to ontology schema graph data and instance graph data constituting ontology. In order to overcome the structural limitations of the existing ontology mining, the frequent pattern search methodology in this study uses the methodology used in graph mining to apply the frequent pattern in the graph data structure to the ontology by applying iterative node chunking method. Our suggested methodology will play an important role in knowledge extraction.

Characteristics of a Radial Flux Type Slotless Brushless DC Motor for No Cogging Torque

  • Hong, Sun-Ki
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.4B no.1
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    • pp.20-23
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    • 2004
  • BLDCMs are widely used in many industries. In certain specialized areas, they need to have high efficiency, high power rate and produce a low volume of noise, etc. In this study, a new type of slotless BLDCM is proposed that has no cogging torque, low iron loss and low volume as compared to commonly used BLDCMs. With a high performance magnet and coreless compact winding structure similar to those employed in linear synchronous motors, motor volume is reduced. The proposed motor has been put been through various experiments arid has demonstrated acceptable results for industry applications.

Determinants of the Ownership Structure of Franchise Systems: Theory and Evidence (프랜차이즈 시스템의 소유구조 결정요인: 이론과 증거)

  • Lim, Young-Kyun;Byun, Sook-Eun;Oh, Seung-Su
    • Journal of Distribution Research
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    • v.16 no.3
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    • pp.33-75
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    • 2011
  • The ownership structure of a franchise system is determined by the franchisor's strategic choice. A close look at the extant theories and perspectives in economics and management such as resource scarcity theory, agency theory, transaction cost analysis, and mixed ownership theory reveals that firms choose their ownership structure for the sake of economic efficiency, profit potentials, the chance of survival, and other strategic concerns. The present study, on the basis of strategic choice perspective, reviews the divergent theories of a franchise system's ownership structure and its determinants, thus providing a theoretical framework for comparing the contradictory arguments along the several critical dimensions. We also developed and tested the conflicting hypotheses regarding key determinants of ownership structure including firm's age, size, transaction-specific investments, uncertainty, and risk-sharing propensity. Using a FDD (Franchise Disclosure Document) data set of 543 Korean franchisors, we found that the years in business, the total number of employees, days of training, the inverse of the years of franchising, and the requirement of royalty payment have positive relationships with the proportion of company-owned outlets to total number of outlets. On the other hand, the proportion of company-owned outlets was found to have negative relationships with the total number of outlets and the extent of geographic dispersion of outlets, but to have no significant relationships with the initial investment required and the inverse of contract length. Based on the findings, we provide several theoretical and managerial implications for studying ownership structure of franchise systems.

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