• 제목/요약/키워드: economic recession

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Global Dairy Industry and Current Situation: II. 2009 World Dairy Report (세계 낙농산업 동향: II. 2009년 현황을 중심으로)

  • Song, Soo-Yeon;Oh, Se-Jong
    • Journal of Dairy Science and Biotechnology
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    • v.28 no.1
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    • pp.1-7
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    • 2010
  • In 2009, the world dairy industry had the most impressive experience throughout all the experiences it had. The milk price in major regions fell to their lowest level for decades. Including Korea, the world economy is obviously slowing. The nations' export plunged due to the global economic recession, in result reduced industrial output and domestic demand. In Korea, the intake of liquid milk slightly decreased from 45 kg per capita in 2005 to 44.3 kg per capita in 2008. However, production and consumption of milk increased fast in China and India. According to 2008 statistics, total milk volume of the world trade reached 42 million tonnes and the major exporters of dairy products were EU, New Zealand, USA and Autralia. The tropical countries has traditionally consumed buffalo milk. The production of buffalo milk is increasing faster than cow milk. IDF expected that EU milk production would recover the medium term displaying a gradual growth over the milk quotas phasing-out period, while constantly remaining below the quota level.

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Case Study : A Real Options Approach to an Overseas Project Finance Deal (사례연구 : 해외 프로젝트 파이낸스 투자 사례와 실물옵션기반 투자 의사결정)

  • Byun, Jinho;Choi, Moon Sub
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.5
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    • pp.429-439
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    • 2013
  • The Korean Veterans' Pension Fund has previously pre-purchased Gibril Tower on Business Complex in Dubai, UAE, via a project-financed construction investment. Although the property is near completion, the investor syndicate's attempt to debt-finance due arrears was foiled in Dubai central bank's credit control of real estaterelated loans. Accordingly, the investment coordinator offered an additional capital injection, a collateralized leverage, and a maturity extension to the syndicate. If the syndicate rejects the offer, they may risk a nearcomplete capital loss and a possible default of the main contractor. Otherwise, the syndicate may still face uncertainties regarding interest receivables, principal re-payment, foreclosure, economic recession in Dubai, and the Islamic bond bill in the Korean Parliament. A possible exercise of the latter option may be due to the agency-prone nature of pension fund managers. Given these qualitative risk factors as at April 1, 2011, a real options approach-implied optimal decision suggests an extended and complete cash augmentation into the project finance deal.

Derivation of preliminary derived concentration guideline level (DCGL) by reuse scenario for Kori Unit 1 using RESRAD-BUILD

  • Park, Sang June;Byon, Jihyang;Ban, Doo Hyun;Lee, Suhee;Sohn, Wook;Ahn, Seokyoung
    • Nuclear Engineering and Technology
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    • v.52 no.6
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    • pp.1231-1242
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    • 2020
  • The Kori Unit 1 will be decommissioned after a permanent shutdown in June 2017. South Korea has a 0.1 mSv/yr exposure limit standard for limited or unlimited site release. This is South Korea's first commercial NPP; therefore, if the containment building is reused as a memorial hall, it will contribute to the improvement of public understanding and enhance the public's acceptance of NPPs. Also, existing Kori Unit 1 nuclear power plant manpower resources can be reused after decommissioning and resident staff and memorial hall visitors can activate nearby commercial areas. Therefore, such a reuse scenario may also prevent an economic recession. The exposure dose was calculated using the following scenarios: worker in the containment building, visitor in the containment building, and worker in buildings other than the containment building. The exposure dose in the buildings was calculated by the RESRAD-BUILD developed by the Argonne National Laboratory (ANL). The preliminary exposure dose and derived concentration guideline level (DCGL) were derived.

Consumer's Perception of Clothing Price (Part I) - Testing the Validity of Dimensions of Clothing Price - (의복구매시 소비자가 지각하는 가격 (제1보) -의복가격 차원의 타당성 검증-)

  • 진병호
    • Journal of the Korean Society of Clothing and Textiles
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    • v.22 no.3
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    • pp.417-427
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    • 1998
  • Price, one of the marketing 4p's, is a key decision variable affecting market share and the profitability of individual products. For consumers, since price is almost always known to and can be compared, it is one of the most important criteria when they make a purchase decision making. With the consumers' increasing consciousness for price due to economic recession, and the saturation of domestic apparel market, it is expected that the effect of price on consumers' decision making would be greater than ever. This study, the first in two part series, focuses on testing the validity of dimensions of clothing price using Lichtenstein et. at. (1993)'s suggestion. In addition, the effect of demographic variables on the perception of each price dimension was investigated. The subjects were 264 college students living in Seoul, Korea. The data were collected by self -administered questionnaires and analyzed by t-test, ANOVA, regression analysis and Lisrel confirmatory factor analysis. The result supported Lichtenstein et. al. (1993)'s suggestion. That is, consumers' perception of clothing price is not mini-dimensional, but has six dimensions: sale proneness, price mavenism, value consciousness, price consciousness, price -quality schema and prestige sensitivity. Demographic variables partially effect on the consumers' perception of each clothing price dimension. The level of monthly pocket money, however, has influence on all price dimensions. Based on these results, marketing implications for apparel manufacturers were suggested.

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A Study on the Heuristic Algorithm Development for Load Balance Ratio Increase of Workers in Warehouse (물류창고 불출자 로드밸런스율 증대 휴리스틱 알고리즘 개발)

  • Quan, Yu;Jang, Jung-Hwan;Jang, Jing-Lun;Jho, Yong-chul;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.19 no.1
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    • pp.203-210
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    • 2017
  • Companies are pursuing the management of small quantity batch production or JIT(Just-in-time) system for improving the delivery response and LOB(Line Balancing) in order to satisfy consumers' increasing demands in the current global economic recession. And in order to improve the growth of production for reducing manufacturing cost, improvements of the Load Balancing have become an important reformation factor. Thus this paper is aimed at warehouse which procures materials on the assembly line in procurement logistics of automotive logistics and proceed with research on heuristic algorithm development which can increase the Load Balancing of workers. As a result of this study, when applied the primary target value, it was verified that the whole workers decreased from 28 to 24. Furthermore, when specified the secondary target value and applied algorithm once more, it was verified that the Load Balance Ratio was improved from 44.96% to 91.7%.

A Priority Analysis on Influential Factors for Software Bid Evaluation in Public Sectors based on Analytic Hierarchy Process(AHP) (AHP 기법을 활용한 소프트웨어 제안평가요인의 상대적 중요도에 관한 연구 : 발주자와 수주자 비교를 중심으로)

  • Kim, Hong Jin;Jo, Dong Hyuk;Ahn, Tae Ho
    • Journal of Information Technology Services
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    • v.16 no.1
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    • pp.41-53
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    • 2017
  • Recently, due to the economic recession and increase of ITO (IT Outsourcing), bidding in software industry has been recognized as more competitive and the importance of software bid evaluation for corporate selection is being increased. This study aims to analyze and prioritize influential factors in the software bid evaluation criteria which is adopted as the main evaluation model of national software businesses by Ministry of Science. The priority was developed by AHP (Analytic Hierarchy Process) through pair-wise comparison. For the analysis, this study developed analysis model for AHP and conducted survey of experts who have work experience for more than 10 years in the IT industry. As the result of analysis, weighted factors in the evaluation criteria were deduced and differences of priority factors between purchaser and bidder were investigated. The analysis showed differences of view point in the bidding process. With these results, this study suggests how to write a proposal strategically and effectively in perspective of the purchaser. It is expected that priority factors will be adopted in strategic proposals in both bidder and purchaser. For purchaser, the priority will be adopted to select reliable bidder. So, we expect that the priority factors will be used to get more values for both bidder and purchaser in their business atmosphere.

E-Commerce Readiness of Creative Industry During the COVID-19 Pandemic in Indonesia

  • PRIAMBODO, Ivan Triyogo;SASMOKO, Sasmoko;ABDINAGORO, Sri Bramantoro;BANDUR, Agustinus
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.865-873
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    • 2021
  • COVID-19 pandemic has brought the world into economic recession. This study aims to present an analysis of the readiness of creative e-commerce in Indonesia. Data was collected from various locations that may represent the Creative Industry in Indonesia. The quantitative method has been applied as a research approach by gathering questionnaires from 383 business owners selected using the cluster random sampling method. Based on the results of the analysis and discussion, it is concluded that E-Commerce Readiness is very important in times of uncertainty such as the COVID-19 pandemic. The level of readiness will determine the continuity and sustainability of a company or business in a volatile business environment. E-Commerce Readiness can be evaluated based on Technology Readiness, Organizational Readiness, and Environmental Readiness. Not all perspectives are taken into consideration in making decisions about the implementation or improvement of E-Commerce in the pandemic period. Technology Readiness is seen as the most significant impact on a company's ability to cope with volatility, while Environmental Constraints encourage businesses to adopt E-Commerce and take it to the next level. On the other hand, Organizational Readiness has no effect on the E-Commerce readiness of the company because the company or organization does not consider this aspect.

A Study on the Consumer Perception and Keyword Analysis of Meal-kit Using Big Data

  • Jung, Sunmi;Ryu, Gihwan;Lim, Jeongsook;Kim, Heeyoung
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.2
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    • pp.206-211
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    • 2022
  • As the level of consumption is improved and cultural life is pursued, the consumer's consciousness structure is rapidly changing, and the demand for product selection level, variety, and quality is becoming more diverse. The restaurant economy is falling due to the prolonged COVID-19, the economic recession, income decline, and changes in population structure and lifestyle, but the Meal- kit market is growing rapidly. This study aims to identify the consumer perception of Meal-kit, which is rapidly growing as an alternative to existing meals in the fields of dining out, food, and distribution due to the development of technology and social environment using big data. As a result of the analysis, the keywords with the highest frequency of appearance were in the order of Meal-kit, Cooking, Product, Launching, and Market and were divided into 8 groups through the CONCOR analysis. We want to identify consumer trends related to the key keywords of Meal-kit, present effective data related to Meal-kit demand for Meal-kit specialized companies, and provide implications for establishing marketing strategies for differentiated competitive advantage.

Direction and Tasks of Health Care Policy of Yoon Suk-yeol Government (윤석열 정부의 보건의료정책 방향과 과제)

  • Park, Eun-Cheol
    • Health Policy and Management
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    • v.32 no.3
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    • pp.247-257
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    • 2022
  • The presidential election and the inauguration of the new government are a period of the policy window opening. The newly launched government is expected to improve the quality of life of the people. The Yoon Suk-yeol Government is also launched with new expectations with a transitional period in health care. The sustainability of health care in Korea is threatened. The environment of health care and the main policy issues of health care are difficult to secure the necessary finance for health care in spite of the increasing health care burden. Accordingly, the Yoon Suk-yeol Government's health care policy aims to provide intensive support to those in need of health and welfare and to improve the health of the people through investment in health. And for integrating fragmented health care and welfare services and creating people-centered community-based health care, a health care innovation center will be established for the evaluation platform of new delivery and payment systems, a health care development plan will be established for the blueprint of health care, and reorganizing the central & local government should be reviewed. Although we are facing unfavorable situations such as the distribution of the National Assembly, inflation, and the possibility of economic recession, we expect that announced health care policies will be implemented, recognizing that health care innovation is the only way to improve health care sustainability.

A Study on Policy Alternatives to the Development of Urban Regeneration Project Using AHP Analysis (AHP분석을 이용한 도시재생사업의 발전에 대한 정책적 대안에 관한 연구)

  • Chung, Sam-Seok
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.6_3
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    • pp.1303-1313
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    • 2022
  • Modern cities need to revitalize the downtown area, which is declining due to population decline, economic recession, and deterioration of the residential environment, economically, socially, and physically by introducing and creating new functions. In addition, the hollowing out of the existing city center is getting worse due to the development of the outskirts of the city. Therefore, the discussion for the development of urban regeneration is the core task of modern cities. This study analyzed based on a basic understanding of urban regeneration projects, and through this, the problems of domestic urban regeneration projects were derived. In addition, the problem factors and major improvement plans of the urban regeneration project were analyzed from the expert's point of view using the AHP analysis technique. Based on this, the purpose is to present policy alternatives for the future development of urban regeneration projects. The problems derived to present the policy alternatives and improvement directions of the urban regeneration project were classified into problems related to goal achievement, problems related to the business itself, and problems related to project results. It was subdivided into sub-categories. This study analyzed the problem factors and major improvements from the expert's point of view by using the AHP analysis technique for the problems of the urban regeneration project. Based on the AHP analysis results and experts' opinions, five policy alternatives for the development of urban regeneration projects were presented.