• 제목/요약/키워드: firm strategy and structure

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한국 의류산업의 국제경쟁력 향상을 위한 결정요인 (The Determinants of International Competitiveness for the Korean Apparel Industry)

  • 백영하;박재옥
    • 한국의류학회지
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    • 제32권3호
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    • pp.474-485
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    • 2008
  • The purpose of this study is to examine the determinants and elements to enhance Korean international competitiveness, employing Porter's(1998) Diamond Model. Half of the 500 leading apparel exporters that were members of the Korea Apparel Industry Association in 2003 were selected as the target of this research. From May to June of 2003, survey questionnaires were sent to executives of these 250 companies in person or by telephone, e-mail, or fax. Seventy questionnaires were used for the final data anlysis. The items used were Reliability, Categorical Regression, and Frequency, using SPSS 11.5. The results were as follows: First, as a result of analyzing the influence of international competitiveness in Korean apparel industry, the firm's strategy, structure, and rivalry was the most influential factor. Others were related and supporting industries, government, chance, demand conditions, and factor conditions. Also, the elements that affect Korean international competitiveness were listed as the level of price competition in foreign markets, the level of labor cost, export marketing capacity, and exchange fluctuation. The most important element to improve the international competitiveness of the Korean apparel industry was a demand growth rate of the overseas markets(Demand Conditions), followed by the level of the labor costs(Factor Conditions), the capability of internationalization(Firm Strategy, Structure, and Rivalry), the change of currency(Chance), the quality and management of products(Demand Conditions), the capability of planning products(Firm Strategy, Structure, and Rivalry), free trade from 2005(Chance), and global sourcing strategy(Firm Strategy, Structure, and Rivalry). Korea's main rival country in apparel related and supporting industry factors is China. However, Korea has a higher level of technology development, quality, and price level than China.

환경경영이 경영성과에 미치는 영향에 관한 연구 (Effects of environmental management on firm performance)

  • 강민석;최현석;박병춘
    • Journal of the Korean Data and Information Science Society
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    • 제22권3호
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    • pp.523-536
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    • 2011
  • 본 연구는 공분산 구조방정식 분석기법을 이용하여 환경경영전략, 환경경영시스템, 환경경영활동, 환경경영성과 간의 구조 관계와 상호 영향의 정도를 실증적 자료를 통해 규명하는 데 목적이 있다. 특히 환경경영전략 유형에 따라 이들 요소들 간의 구조 및 영향이 어떻게 달라지는지 규명하는데 연구의 초점을 둔다. 적극형 환경전략유형의 경우 환경경영시스템, 환경경영활동, 환경경영성과 모두에 정 (+)의 유의한 영향을 주었다. 그러나 소극형 환경전략유형의 경우 환경경영시스템, 환경경영활동에는 유의한 영향을 주었으나, 환경경영성과에는 유의한 영향을 미치지 못하였다.

가격탄력성과 생산비용에 기초한 대량 마케팅과 표적시장 마케팅의 비교 분석 (Comparative Analyses of Mass Marketing and Target Marketing Based on Price Elasticity and Production Cost)

  • 원지성
    • 유통과학연구
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    • 제11권4호
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    • pp.61-72
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    • 2013
  • Purpose - It is widely accepted that the process of developing marketing strategy is composed of three steps: market segmentation, target market selection and positioning. However, mass marketing strategy based on cost reduction through economies of scale and standardized products, can be also an effective strategic option. Many marketing scholars including Theodore Levitt emphasize the importance of applying the mass production concept to various industries including service industries. Especially, in times of economic downturn, the capability of providing consumers with low-priced, value products can be an important source of competitive advantage, as well as the ability of providing high-priced premium products. Marketers should decide whether they will implement mass marketing strategy or target marketing strategy. The present study theoretically shows that firms should understand the target customers' price elasticity as well as the firm's cost structure in order to make such a strategic decision. Research design, data, and methodology - Instead of implementing an empirical study, this study provides a theoretical(mathematical) investigation on the effect of consumers' price elasticity on a firm's optimal price level, profit, sales volume, revenue, and cost. The results are mostly deduced from derivative calculations and several graphs are utilized to represent the results on the relationships between the variables under study. Results - The analytical results suggest that it is more profitable for a firm to adopt the segment/target marketing strategy (more specifically the differentiation strategy) when the degree of consumers' heterogeneity is high and the proportion of the fixed cost in the total cost is low. On the other hand, if the degree of consumers' heterogeneity is low and the fixed cost is high, it is better to adopt the mass marketing strategy or the cost leadership strategy. The strategy of concentrating on a single target market will be effective when consumers' needs are highly heterogeneous but the fixed cost is high. Any of the three types of generic strategies proposed my Porter(1980, 1985) can be applied when both the consumers' heterogeneity and the fixed cost are low. This study also proposes the contribution-margin-based method for developing the optimal pricing strategy. Conclusions - One of the primary roles of marketers is to find a proper compromise between the two conflicting goals of maximizing customer satisfaction and minimizing cost. In order to do so, he or she should understand the characteristics of the target customers as well as the cost structure of the firm. In addition to the theoretical analyses, this study discusses several business cases and explains how superior companies find the optimal compromise position between these two goals and dominate the market. One of the radical changes recently taking place in business arena is the reduction of production and distribution costs of both physical goods and information due to the advancement and the wide diffusion of information technology. The cost reduction combined with lowered priced elasticity incurred by customized products and services, will enable many firms to adopt the mass customization strategy.

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ERP를 통한 통합정보시스템의 구현 전략 : A기업의 사례 (An Implementation Strategy of Intergrated Information Systems Through ERP : A Case of Firm A)

  • 오재인
    • 경영과학
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    • 제15권2호
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    • pp.83-90
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    • 1998
  • Today, ERP becomes very popular as a vehicle of implementing an integrated information system since this package not only facilitates reengineering but also provides the function of generating consolidated financial statements. Yet a successful introduction strategy on the integrated information system needs to be set up because ERP has weaknesses as well as strengths. The strengths include the prompt reaction to environmental changes, the integrated management of information, the adoption of open systems, and the selection of modules according to functionsl However, the weaknesses of ERP include the provision of only basic functions, the development of package on international standard processes, and possible disadvantages to small and medium-sized firms. This paper is to suggest recommendations on the implementation strategy of ERP as an integrated information system. According to the case study with Firm A that has successfully implemented an ERP package, the most significant advantage of adopting ERP was that Firm A was able to implement an integrated information system for only six months. Finally, this research generates suggestions, such as the importance of the project team structure, the sufficient amount of time for education, and the minimization of the package modification.

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PREREQUISITE OF SUPERIOR PERFORMANCE : MANAGING COALIGNMENT IN A DYNAMIC CONDITION

  • 유재욱;성병찬
    • 경영과정보연구
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    • 제25권
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    • pp.35-55
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    • 2008
  • We draw on well-established thinking in the complementary fields of organization theory and strategic management to develop a model explaining why fit among a firm's competitive strategy, its structure, and its technology is a prerequisite for superior performance. The contributions of this theoretical treatise are twofold. Firstly, it helps reduce the disconnect in thinking that exists between the strategy and organization-theory literatures on business-level issues. Secondly, it reveals the importance of managing the coalignment among strategy, structure, and technology which, in turn, forces recognition that competitive advantage does not exist in a static state but in a dynamic condition.

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기업 규모에 따른 지식재산 활동 구조 분석-기계산업을 중심으로 (Structural analysis of IP-related activities in machinery industry)

  • 이성상
    • 대한기계학회:학술대회논문집
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    • 대한기계학회 2007년도 춘계학술대회A
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    • pp.485-489
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    • 2007
  • Knowledge-based economy is the economy or economic structure based on production, accumulation and utilization of knowledge. With the emergence of knowledge-based economy, the importance to the corporate competitiveness of IP and IP-related activities has increased. This paper discuss the issues related to the mode of IP-related activities, including the comparison of SMEs and large firms. Especially, I focus on the role and impact of IP-related activities on innovation and growth of firm in machinery industry. The result of this study can help to set up strategy for supporting firm's technology innovation.

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Business Strategy and Audit Efforts - Focusing on Audit Report Lags: An Empirical Study in Korea

  • CHOI, Jihwan;PARK, Hyung Ju
    • The Journal of Asian Finance, Economics and Business
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    • 제8권7호
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    • pp.525-532
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    • 2021
  • This study examines the association between a firm's business strategy and audit report lags. This study employs 5,072 firm-year observations from 2015 to 2019. Our sample comprises all of the firms listed on the Korea Composite Stock Price Index (KOSPI) market and Korea Securities Dealers Automated Quotation (KOSDAQ). We perform OLS regression analysis to test our hypothesis. The OLS regression analysis was conducted through the SAS and STATA programs. We find that business strategy is positively associated with audit report lags. Especially, we find that defender firms are negatively associated with audit report lags. The findings of this study suggest that prospector-like firms would increase their performance uncertainty as well as audit risk. Therefore, prospector-like firms interfere with the efficient audit procedures of auditors. On the other hand, our findings indicate that defender-like firms would decrease their performance uncertainty as well as an audit risk because they focus on simple product lines and cost-efficiency. For this reason, auditors will be able to carry out the audit procedures much more easily. Our results present that a prospector-like business strategy degrades audit effectiveness as it exacerbates a company's financial risk, willingness to accept uncertainty, and the complexity of organizational structure.

국내 건설기업 조직구조 특성분석 연구 (The Character Analysis of Organization Structure according to Construction Firm in Korea)

  • 진성룡;김용구;김선국;한층희
    • 한국건설관리학회:학술대회논문집
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    • 한국건설관리학회 2003년도 학술대회지
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    • pp.369-372
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    • 2003
  • 우리나라 기업들은 허근 경제 위기를 겪으면서 대외적으로 커다란 환경변화의 요구에 직면해 왔다. 사실 이러한 변화요구는 굳이 경제 위기가 아니라 할지라도 치열한 생존경쟁에 있는 현대의 기업들에게 있어서는 필수요소라 할 수 있다. 이에 대응하여 기업들은 구조조정, 혁신, 조직개선 등의 이름으로 다양한 변화노력을 기울이고 있지만 이와 같은 변화의 노력에 대해 그 진행과정이나 결과에 대해서는 현명한 검토가 있어야 할 것이다. 즉, 기업의 성장에 도움이 되지 않는 조직 구조는 오히려 기업에 역효과로 작용하게 되므로 기업은 가치를 높일 수 있는 조직구조를 갖추어야 한다. 이차 같은 현상은 일부 기업에게만 국한되는 것이 아니라 건설기업에도 마찬가지로 적용됨 수 있다. 따라서 본 연구에서는 효율적인 조직구조를 갖추기에 앞서서 건설 기업의 조직구조를 전략 및 경영성과와 비교${\cdot}$분석하여 조직의 특성을 파악하고자 한다.

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신규상장기업의 신속한 주식상장과 여유자원이 국제화에 미치는 영향 (The Effect of Early Listing and Slack Resources of Newly Public Firm on Internationalization: Based on Entrepreneurship)

  • 김기현
    • Journal of Information Technology Applications and Management
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    • 제29권3호
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    • pp.25-41
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    • 2022
  • While there exists voluminous literature on the internationalization of the firms, it has focused on mature firms or born-global firms. There is still a lack of research on firm that is in the growth stage between venture and mature firm. To fill this gap, this paper focuses on the newly public firm which is enter the stock market through initial public offerings (IPO). Specifically, I examine the relationship between the early listing and internationalization. In the venture firm aspect, the decision of the IPO necessary to allow to change organization structure, ownership and take a risk from environmental movements. This paper suggests early listing is a behavior of entrepreneur orientation. According to empirical results, there is a positive relationship between early listing and internationalization. It implies that early listing may help international expansion by sourcing finance, reputations from market. Furthermore, this study emphasizes the importance of financial slack resources to international expansion. I conclude that ventures need not only early entering in stock market but also securing sufficient financial slack resources to achieve sustainable growth in the international market.

국내 소프트웨어 산업 구조의 개선에 대한 제안 : IT서비스 및 솔루션 기업을 중심으로 (An Suggestion of the Software Industry Structure Improvement in Korea : Focusing on the IT Service and Solution Provider Firms)

  • 안연식;문송철
    • Journal of Information Technology Applications and Management
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    • 제21권1호
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    • pp.165-176
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    • 2014
  • This paper was tried to show the improvement model for software industry structure in Korea regarding to have the global level of competence in Korean software firms. To suggest the improvement model for software industry structure, the detailed status about software industry which as in the supply and demand perspectives and comparativeness dimension were analysed. Also to this model the special survey results from the 35 professionalists in the software industry were included. This improvement model suggests the big software firms have to consider the economy of the scale, and to enter global IT market, the other SMEs have to pursuit themselves as a specified technology firms. So it is good for the oversea project collaboration with the solution provider firms and IT service firms. And it is desirable to make a the economy of scale regarding as the solution venture startup, M&A, networking the software firms as supply chain. Also the development of new business model for new market and firms with the high-tech business competency will be required.