• Title/Summary/Keyword: small scale industry

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Factors Influencing the Profitability of Listed Firms in Vietnam's Stock Markets

  • NGUYEN, Dinh Hoan
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.197-203
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    • 2022
  • The agricultural sector has an important contribution to the economic development of Vietnam in particular and other countries in general. The growth of enterprises in the industry is an important bridge in promoting the economic development of the country. Currently, the policies of the Government of Vietnam always create favorable conditions for enterprises to conduct business, especially enterprises in the agricultural sector. The study aims to assess factors influencing the profitability of listed firms in Vietnam's stock market. Using 40 enterprises in the agricultural industry listed on the Ho Chi Minh City Stock Exchange and the Hanoi Stock Exchange and using advanced econometric modeling, dealing with defects in the regression model, the research results show that large-scale firm has higher economic efficiency than small-scale firm. In addition, a firm with higher use of loan capital is associated with a more efficient firm, reflected in the relatively good debt management ability of enterprises in the agricultural sector. Adversely, growth and age do not have any impact on firm performance. Macroeconomic factors do not impact profitability. Finally, the study has some policy implications for developing agricultural businesses in the case of Vietnam.

The opening efficiency of the miniaturized small-scale net for anchovy boat seine to reduce the fleet size (선단축소를 위한 기선권현망 축소형 소형어구의 전개성능)

  • AN, Young-Su;BACK, Young-su;JIN, Song-han;JANG, Choong-Sik;KANG, Myoung-hee;CHA, Bong-jin;CHO, Youn-hyoung;CHA, Ju-hyeng;KIM, Bo-Yeon
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.55 no.1
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    • pp.7-19
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    • 2019
  • This study was conducted in order to improve opening efficiency of the miniaturized small-scale net for anchovy boat seine gear to reduce the fleet size. Field experiment was performed to observe geometry of nets by catcher boats. When the distance between the two ships was 150, 300 and 450 m and the speed of towing nets was 0.6, 0.9, and 1.2 kt, the vertical opening and actual opening of each part of the miniaturized small-scale net was as follows: the front part of the wing net, 6.8-9.5 m, 45-63%; the middle part of the wing net, 16.1-30.7 m, 34-65%; the entrance of the inside wing net, 21.6-41.2 m, 44-84%; the square and bosom, 17.4-34.0 m, 38-75%; the entrance of the body net, 16.5-29.4 m, 36-64%; the entrance of the bag net, 14.5-21.9 m, 70-106%; the flapper, 6.7-7.7 m, 81-83%, and the end of the bag net, 8.6-10.9 m, 64-81%. The tension of towing nets was measured to be 2,734-6,812 kg approximately, which indicates that the fleet can tow nets with 350 hp, the standard engine horse power. The fishing operation time was shortened comparing to existent net with the large-scale buoy attachment operation. It was also possible to operate the ship without fish detecting boat.

Competitive Pressure and Business Performance in East Java Batik Industry

  • SOEWARNO, Noorlailie;TJAHJADI, Bambang;PERMATANADIA, Devitania
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.329-336
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    • 2020
  • This study aims to assess the impact of competitive pressure and innovation capability on business performance in small- and medium-sized enterprises (SMEs) in the batik industry in East Java, Indonesia. Furthermore, this study explores the impact of competitive pressure on business performance through innovation capability as a mediating variable. This research was quantitative using primary data with questionnaire as a method of sampling collection. The measurement of the variables was captured using Likert scale. The respondents were small- and medium-sized enterprises (SMEs) in the batik industry in East Java Province, Indonesia. The sample totaled 254 subjects. The data analysis was done using SEM-PLS. The results of the study show that: 1) there was a positive direct impact of competitive pressure on business performance; 2) competition pressure positively influences innovation capability; 3) innovation capability positively influences business performance; and 4) innovation capability has a partial mediating role in the effect of competitive pressures on business performance. The findings of this study suggest that managers in SME's batik industry should increase their effort to cope with the high competitive pressure to increase the innovation capability, so that they can have an advantage to face successfully competitors, leading to higher business performance.

A Empirical Study on Informatization of Logistics Industry in Incheon (인천지역 물류산업의 정보화 방안에 관한 실증적 연구)

  • Lee, Doo-Yong;Jang, Jung-Hwan;Jho, Yong-Chul;Kim, Dong-Min;Kim, Jung-Hwan;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.13 no.3
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    • pp.79-85
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    • 2011
  • The logistics industry in Incheon is lack of basic usage for logistic information. As development of logistics industry the companies recognized the importance of logistics informatization. But due to a small scale of logistic companies it is difficult to equip the basic infrastructure for logistics informatization. To investigate the status of informatization of logistics companies in Incheon, we divide questionnaire by the aspects of information operations, aspects of information needs, information effects and policy aspects of planning and support information. By the result of survey we suggest the supporting plan for Incheon logistics industry.

A Study on Development Process of Enterprise-type Business in Fish Aquaculture - Case by yellowtail aquaculture in Japan - (해상 어류양식업에 있어서 기업적 경영의 전개과정에 관한 연구 : 일본의 방어류 양식업을 사례로)

  • Song Jung-Hun
    • The Journal of Fisheries Business Administration
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    • v.36 no.1 s.67
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    • pp.139-153
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    • 2005
  • Marine fish aquaculture has been introduced on the East sea since 1964. The production volume of the marine aquaculture has been increasing drastically since 1990 with the technological improvements and the introduction of new species. However, the increasing costs of feed, seedlings and medical supplies and the decreasing prices due to the increase in the imports and domestic production have decreased the profits in the aquaculture business. Futhermore, the damage from the natural disasters such as red tides and typhoons has accelerated the exit from the business. Even though managing abilities to overcome the business crisis caused by the above factors are required, business managers based on the small scale family businesses do not have enough managing abilities to deal with the difficulties in the business. On the other hand, advanced countries in the marine aquaculture such as Norway have reached the stage where the managing abilities of marine aquaculture are similar to those in the manufacturing industry. And the number of large scale aquaculture farms with developed technologies and advanced marketing strategies in those countries is increasing. Considering that the marine aquaculture in Japan under the similar fishery systems of Korea has developed the state-of-the-art management skills or lead to large scale management, it is difficult to expect the decrease in the production costs under the small scale family business in Korea and this will lead to the decreasing competitive advantage over the imported seafood. Therefore marine aquaculture in Korea needs to increase the economy of scale to acquire the competitive advantage. This study addresses the possibility of introducing the large scale aquaculture system in Korea by analysing the factors and process of leading to large scale businesses in the aquaculture in Japan.

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Estimating Effects of Climate Change on Ski Industry - The Case of Ski Resorts in South Korea - (스키산업에 기후변화가 미치는 영향 분석 - 한국의 스키장을 사례로 -)

  • Kim, Song-Yi;Park, Chan;Park, Jin-Han;Lee, Dong-Kun
    • Journal of Environmental Impact Assessment
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    • v.24 no.5
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    • pp.432-443
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    • 2015
  • Ski industry is sensitive to climate change. Many studies were carried out to learn the impact on climate change to large scale ski resorts around the world and the results are difficult to be applied to small scale ski resorts in general. So, this study targeted small ski resorts composing the ski industry of Korea and forecasted the impact of climate change. As a result, based on the mitigation efforts to minimize climate changes of the future (RCP 4.5), ski industry could be maintained at the same level of today. However, if climate change continues at the current trend (RCP 8.5), ski resorts will face loss of business days. If 100 days are considered as the minimum days to maintain the ski business, among 17 ski resorts in Korea, 3 ski resorts will be driven out of business by 2030s, 12 more ski resorts by 2060s and remaining 2 ski resort by 2090s will end the business. It means that smaller ski resorts has higher chance of facing difficulties in running business just as large scale ski resorts. Therefore, to sustain the ski business, technical and managerial efforts to adapt to the changing environment is needed.

Profiling of Workers based on Safety Accident Big Data in Construction Site (건설현장 안전사고 빅 데이터 기반 작업자별 프로파일 분석)

  • Kang, Sung Won;Lee, Ki Seok;Yoo, Wi Sung;Shin, Yoon-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.247-248
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    • 2021
  • Recently, the government is pursuing to reduce the serious accidents in most industries, including the construction industry, by enacting laws on punishment. The accident rate tends to be depended on the size and type of construction sites, and the accidents occur frequently due to inadequate implementation of safety management system and management standards, especially, in small and medium-sized sites. This study has performed the profiling of 265,000 accident cases on construction sites by attribute analysis such as the ratio of days lost to work, and pattern of days lost to work compared to the size of the construction. It turned out that the proportion of accident cases was high mainly in small-scale construction sites, and long-term labor losses occurred. Shortly, it is necessary to establish an institutional standard for applying a realistic safety management cost calculation and management system centered on small-scale sites. Therefore, this study is expected to be used as fundamental data or guideline for developing a customized safety management and accident prevention system for a worker reflecting the conditions of a construction site in the future.

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Identifying the Effect of Service Quality Attributes on an Overall Customer Satisfaction by the Foodservice Type and the Contract Management Company(CMC) Scale (급식 대상 유형과 위탁급식전문업체 규모별 고객 만족도에 영향을 미치는 서비스 품질 속성의 규명)

  • Park, Mun-Gyeong
    • Journal of the Korean Dietetic Association
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    • v.13 no.2
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    • pp.138-156
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    • 2007
  • The purposes of this study were to a) measure the service quality attributes of foodservice type such as school foodservice, hospital foodservice and business & industry(B&I) foodservice, managed by contract management company(CMC), b) compare with service quality attributes by CMC scale, c) analyze overall customer satisfaction(CS) by the foodservice type and the CMC scale, and d) identify the effect of service quality attributes on an overall CS by the foodservice type and the CMC scale. The questionnaires were handed out to 6,620 customers of 207 school, 38 hospital, and 86 B&I foodservices in 108 CMCs. The statistical data analysis was completed using SPSS Win(ver 12.0) for descriptive analysis, t-test, reliability analysis, and multiple linear regression analysis. From an analysis on service quality attributes, 'proper arrangement of table and chair at hall distribution(3.53)', 'operation of nutrition education(3.50)' were highly perceived to student, 'correctable serving(4.08)', 'serve at fixed distribution time(4.08)', 'kindness of serving employee(4.04)' were highly perceived to patient, 'employee's kindness(3.84)' were highly perceived to customer of B&I. In comparison of service quality attributes by CMC scale, most scores of large enterprise(LE) were significantly higher than small and medium sized enterprise(SME) in school foodservice, hospital foodservice and B&I foodservice. Overall CS levels were 3.53 out of a maximum 5 on B&I, 3.46 on school, and 3.44 on hospital and were evaluated differently CS score by CMC scale. Finally, regression results for the effects of service quality attributes on overall CS by each of foodservice type were identified significantly different service quality attributes by foodservice type such as school, hospital, B&I(p<.001) and by CMC scale. For considering the goal of enterprise on profit-making through CS and the needs of customer on CS at moment of truth(MOT), the findings should be applied to the CMC and the foodservice industry.

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Small-Scale Warehouse Management System by Log-Based Context Awareness (로그기반 상황인식에 의한 소규모 창고관리시스템)

  • Kim, Young-Ho;Choi, Byoung-Yong;Jun, Byung-Hwan
    • The KIPS Transactions:PartB
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    • v.13B no.5 s.108
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    • pp.507-514
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    • 2006
  • Various application systems are developed using RFID as a part of ubiquitous computing, and it is expected that RFID chip will become wide-spread for the distribution industry especially. Efficient and efact intelligent-type of warehouse management system is essential for small-to-medium-sized enterprises in the situation having a trouble in the viewpoint of expense and manpower. In this paper, we implement small-scale warehouse management system using log-based context awareness technology. This system is implemented to be controlled on web, configuring clients to control RFID readers and building up DBMS system in a server. Especially, it grasps user's intention of storing or delivering based on toE data for the history of user's access to the system and it reports user's irregular pattern of warehouse use and serves predictive information of the control of goods in stock. As a result, the proposed system can contribute to enhance efficiency and correctness of small-scale warehouse management.

A Study on the Actual Conditions of Lifelong Education Facilities in University -Focused on National University of Industry- (대학 내 평생교육시설의 실태에 관한 연구 -국립산업대학교를 중심으로-)

  • Yang, Kum-suek
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.5 no.1
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    • pp.1-10
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    • 2006
  • The purpose of this study is to clarify the actual conditions of the use and the plan of lifelong education facilities in national university of industry. This article discuses about the basic characteristics of the plan composition and the education programs of 8 lifelong education facilities in national university of industry. The results of this study are summarized as follows; 1) Needed spaces should functionally designed considering that basic and culture lecture, occupation skill and expert education, hobby/amusement/leisure, health/sanitation/sports, tradition culture understanding education among education programs of lifelong education facilities in universities are mainly constituted and occupation skill and expert education among theses are occupied with the most ratio. 2) Expansion of facilities is agent considering the number of students and lectures to be 3.0% from 1.7% of average ratio of continuous dimensions lifelong education facilities of each universities and composition following scale of the lecture room is set by organizing the number of students per lecture to small groups.

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