• Title/Summary/Keyword: managing-by-means

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The Relationship between Working Capital Management and Profitability: A Case Study of Tobacco Industry of Pakistan

  • Muhammad, Hussain;Rehman, Ashfaq U.;Waqas, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.2
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    • pp.13-20
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    • 2016
  • Firms can use working capital management which is one of the essential determinants to influence their profitability. The main theme of present study is to investigate the relationship between working capital management and profitability of Tobacco Industry of Pakistan. This study is based on secondary data collected from financial statements of selected companies of Tobacco Industry of Pakistan for the period of 2005-2014. For data analysis, both descriptive and inferential statistics were used. Correlation analysis is used to check the relationship between the variables, while multiple regression analysis is used to examine the effects of working capital management on profitability of firms. The result reveals that there is a strong negative relationship between variables of working capital management and profitability of Tobacco Industry of Pakistan. This means that as the cash conversion cycle increases, it will lead to declining of firm profitability and managers can create a positive value for shareholders by reducing the cash conversion cycle at optimal level. The study concludes that managers can create value for shareholders by managing the working capital well designed and implemented, and by keeping each components of it at optimal level.

A Study on Corroboration of Cultural Factors and Organizational Dissension Management (문화적 요인의 실증적 분석과 갈등 관리에 관한 연구)

  • Kwon, Bo-Hun;Kim, Chil-Young
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.15 no.3
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    • pp.63-69
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    • 2007
  • Culture is that the system of shared beliefs, values, customs, behaviors, and artifacts that the members of society use to cope with their world and with one another, and that are transmitted from generation to generation through learning. Members of an organization are affected by culture. And dissensions in an organization give negative effects to behavior of the members, especially to satisfaction from organization. This study is on the dissension management by considering of cultural characteristics of pilots. Cultural characteristics of pilots were surveyed and analyzed with the V5M94(values survey module94) which was developed by Hofstede. As results, the cultural indexes of the pilots were different from the national means. The indexes presented that korean pilots' cultural characteristics are low POI, high IDV, low MAS and low UAI as North European cultural characteristics. For managing the pilots group, make expansion of opportunity to take part in decision making, release or share of informations are required. And motivations, delegation, free from unnecessary interventions, understanding and forgiveness rather than disciplinary punishment, thoughtful considerations could be effectiveness. And for developing more effective management methods, management strategies of north european airlines should be studied.

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A study of the Effect of Organizational Service Orientation on Employees Customers Orientation-focusing on the courier service (조직의 서비스지향성이 종업원의 고객지향성에 미치는 영향에 관한 연구 -택배서비스를 중심으로-)

  • Kim, Yong-Beom;Park, Seong-Hyeon
    • Proceedings of the Safety Management and Science Conference
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    • 2011.11a
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    • pp.727-745
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    • 2011
  • Courier and logistics services such as customer contact employees (customer-contact employee) of the attitudes and behavior of the customer satisfaction level of service quality evaluation and a very big impact. In this study, using a typical customer contact employees, and to target the delivery service industry employees the organization's service orientation and customer orientation by examining the impact on the quality of companies within the organization for growth and development needs and the importance of service orientation will be trying out for. The results of this study can be summarized as follows. First, the chief executive of the organization to configure a service orientation and a detailed understanding of the factors that determine this by managing the organization to effectively come up with a way to make and ultimately the organization's service orientation, organizational culture can be positioned as effort should be taken. Second, service companies through regular training and education to maintain a certain level of service quality should be. Third, the service organization's service orientation is not a fad or a means of sustain and develop the company's survival strategy is to get out. To do this, good communication between the field and management can be achieved by a variety of channels to be established, and management's willingness to provoke sympathy for the employees should be provided.

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A Study of the PMI-based XML Access Control Model in Consideration of the Features of the Public Organization (공공기관의 특성을 고려한 PMI기반의 XML 접근제어 모델에 관한 연구)

  • Cho, Chang-Hee;Lee, Nam-Yong
    • Journal of Information Technology Services
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    • v.5 no.3
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    • pp.173-186
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    • 2006
  • The local public organizations, to secure the Confidentiality, Integrity, Authentication and Non-Repudiation of cyber administrative environment is giving it a try to consolidate the official documents among them by standardizing all the documents into XML formats together with the establishment of the GPKI(Government Public Key Infrastructure). The Authentication System based on the PKI(Public Key Infrastructure) used by the GPKI, however, provides only the simple User Authentication and thus it results in the difficulty in managing the position, task, role information of various users required under the applied task environment of public organizations. It also has a limitation of not supporting the detailed access control with respect to the XML-based public documents.In order to solve these issues, this study has analyzed the security problems of Authentication and access control system used by the public organizations and has drawn the means of troubleshoot based on the analysis results through the scenario and most importantly it suggests the access control model applied with PMI and SAML and XACML to solve the located problem.

Nurse호s Adoption on a Planned Organizational Change (간호업무개선에 대한 간호사의 변화수용도)

  • 이태화;김조자;박정숙;김소선
    • Journal of Korean Academy of Nursing
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    • v.32 no.2
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    • pp.155-164
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    • 2002
  • With the dynamically changing environment of society, managing change is the vital element of organizations's survival and growth. Health care organizations have expended enormous resources to restructure patient care delivery. Despite the growing literature describing these organizational innovations, there is a paucity of credible data that reflects systematic measurement and evaluation of such changes. This study examined the nurses' psychological response toward the work process redesign, newly introduced by the nursing department in a acute care hospital. The aim of the study was to figure out how nurses's general perception of change and perceived attributes of change affected their acceptance of change during the organizational transition. This was descriptive- correlational. The sample for the study included 50 head nurses and 135 staff nurses. Data was analyzed using SPSS PC+, version 10.0. The major findings of the study were as follows: First, the mean score of the perception of change was 71.2(SD=13.8) with the range of 0-100, which means nurses generally perceived change positively. There were significant differences in perception of change by gender and education level. Head nurses perceived change more positively than staff nurses. The higher education level showed the more positive view of change. Second, among the perceived attributes of change, trialability had the highest mean score, which means nurses perceived the change more positively if it is testable on a limited basis. Relative advantage was perceived the most negatively. Finally, factors influencing the acceptability of the work-process redesign were perceived comparability, complexity, relative advantage, and observability, which accounted for 43.7% of the variance in the acceptability of change. This study evaluated the preliminary effects of the nursing process for reengineering, focusing on nurses' acceptability towards change. The usefulness of this research study was to determine the factors influencing acceptance of organizational members during transitional periods of change and to suggest effective strategies for increasing adoption as well as for decreasing resistance to change.

A case study on road traffic accident prevention and opportunity costs by means of local accident investigation (지역 교통사고 원인조사를 통한 사고예방과 기회비용 연구)

  • Jung, Yong-Ki;Choe, Byong-Ho
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.9 no.2
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    • pp.75-86
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    • 2010
  • The objective of this study is to suggest the process and method of local accident investigation for local authorities with a view to efficient and effective managing traffic accidents. With a project city selected accident-type maps, accident lists, accident diagrams, priority of black-spots/-lengths, site visits, remedial measures, opportunity costs, monitoring etc. are taken into consideration, by using accident data in the last 3 years. Analyzed are accident savings to be expected when applying technical, organizational, and administrative processes attached to local accident investigation.

A Study on Comparison Evaluation between Proof Test Prints and Domestic Offset Prints (교정 인쇄물과 국내 오프셋 인쇄물의 비교 평가에 관한 연구)

  • Oh, Seung-Jae;Cho, Ga-Ram;Koo, Chul-Whoi
    • Journal of the Korean Graphic Arts Communication Society
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    • v.29 no.2
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    • pp.15-32
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    • 2011
  • In printing, managing color means that how closely its color reproducts and printing supplier meets customers' requirements. When applying device profiles, it depends on properties of the devices. But color management of domestic digital prints is accomplished more scientifically and objectively than any other printing. According to this paper addresses a method of evaluating between proof prints and offset prints which are produced by identical date on the field. We evaluate two cases normal proof prints and domestic offset prints based on standardized color data analysis and subjective data analysis. We gathered objective data by measuring solid density, $CIEL^*a^*b^*$ and ${\Delta}E^{*_}{ab}$. Furthermore, we evaluated the offset prints and proof prints through human eyes to decide the ranking.

A Study of Assessing the Impact of Foreign Cabin Crews' Self-Leadership on Airline's Organizational Effectiveness (외국인 승무원의 Self-Leadership이 항공사 조직효과성에 미치는 영향 연구 : 중국인 승무원을 중심으로)

  • Jang, Ji-Seung;Lee, Nam-Ryung;Lee, Geun-Young;Kim, Ki-Woong
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.23 no.1
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    • pp.85-95
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    • 2015
  • A responsibility of superior management in an airline has become enormous due to rapid increase of airline's organization and its network. Even though a leadership of superior management is believed to be an important factor, it is almost impossible for management to be responsible for all the areas of an airline organization. This is why leadership should be go down to working level people. Self-leadership means that working level people possess leadership, delegated by their superior persons, and improve their work environment with the leadership as well as related right and responsibility. This paper has tried to find out the components of self-leadership perceived by foreign cabin crews and analyzed the impact of self leadership into airline's organizational effectiveness. Based on empirical research results, this paper would suggest administrative and operational implications of managing foreign cabin crews in K-airline. It was found out foreign cabin crews perceive that self reward and self evaluation have a positive impact on self observation factor. The self observation factor has a significant effect on self goal. The self goal is analyzed as a major factor which results in organizational effectiveness.

Quantified Impact Analysis of Construction Delay Factors on Steel Staircase Systems

  • Kim, Hyun-Mi;Kim, Tae-Hyung;Shin, Young-Keun;Kim, Young-Suk;Han, Seungwoo
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.6
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    • pp.636-647
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    • 2012
  • Construction projects have become so large, complicated and incredibly high-tech that process management is currently considered one of the most important issues. Unlike typical manufacturing industries, most major construction activities are performed in the open air and thus are exposed to various environmental factors. Many studies have been conducted with the goal of establishing efficient techniques and tools for overcoming these limitations. Productivity analysis and prediction, one of the related research subjects, must be considered when evaluating approaches to reducing construction duration and costs. The aim of this research is to present a quantified impact analysis of construction delay factors on construction productivity of a steel staircase system, which has been widely applied to high rise building construction. It is also expected to improve the process by managing the factors, ultimately achieving an improvement in construction productivity. To achieve the research objectives, this paper analyzed different delay factors affecting construction duration by means of multiple regression analysis focusing on steel staircase systems, which have critical effects on the preceding and subsequent processes in structure construction. Statistical analysis on the multiple linear regression model indicated that the environment, labor and material delay factors were statistically significant, with 0.293, 0.491, and 0.203 as the respective quantified impacts on productivity.

The Meaning and Use of Modified Songs by Teachers in Early Childhood Classrooms (유치원 교실에서 교사가 부르는 변형된 노래의 양상과 의미 연구)

  • Jung, Kyoung-Su;Son, Sung-Haak;Lim, Boo-Yeon
    • Korean Journal of Child Studies
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    • v.35 no.4
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    • pp.263-279
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    • 2014
  • The purpose of this paper is to explore the role of the variation of songs by teachers in early childhood classrooms where songs play an important role in managing the daily activities for young children. Early childhood teachers have demonstrated a high degree of competency to transform and modify a variety of songs that fit into children's developmental levels. The use of such songs enable both teachers and young learners to fully enjoy such classroom activities and are an important means for establishing rapport. The data were collected from direct observation and video recording in three early childhood classrooms, as well as through interviews with the teachers, and through the researcher's journals. The results of the study revealed that the teachers exhibit a high degree of professionalism in creating variations of the kind of songs that children seem to enjoy, and thereby creating high levels of classroom enjoyment generally. This study also showed that using a good variety of songs in early childhood classroom can facilitate understanding of the content in the curriculum Finally, this study also suggests that the teachers' skills in designing variations of songs can make early childhood education classrooms culturally attractive and aesthetically more creative.