• Title/Summary/Keyword: strategic approach

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Integrated Performance Measurement as a Strategic Management Accounting Approach: A Case of Beverage Businesses in Thailand

  • PHORNLAPHATRACHAKORN, Kornchai;PEEMANEE, Jindarat
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.247-257
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    • 2020
  • This study aims to examine the effects of integrated performance measurement on firm success of beverage businesses in Thailand. Integrated performance measurement, organizational commitment, organizational citizenship behavior, and firm success are the main variables of the study. In this study, all 653 beverage businesses from Department of Business Development, Ministry of Commerce, Thailand are the samples of the study. The data collection was provided during February - April, 2016. A mail survey procedure via questionnaire was used for data collection. 163 responses were received. Of the surveys completed and returned, 159 were usable. The structural equation model (SEM) is conducted to examine the effects of integrated performance measurement on organizational commitment, organizational citizenship behavior and firm success. The results show that integrated performance measurement positively influences organizational commitment, organizational citizenship behavior and firm success. Organizational commitment positively affects both organizational citizenship behavior and firm success while organizational citizenship behavior positively impacts firm success. In summary, integrated performance measurement as a strategic management accounting approach is a key determinant of firms' business outcome. Firms need to support their resources and capabilities in developing, implementing, utilizing, and maintaining integrated performance measurement. Potential discussion, conclusion, and suggestions and directions for future research are highlighted.

Effects of Corpus Use on Error Identification in L2 Writing

  • Yoshiho Satake
    • Asia Pacific Journal of Corpus Research
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    • v.4 no.1
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    • pp.61-71
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    • 2023
  • This study examines the effects of data-driven learning (DDL)-an approach employing corpora for inductive language pattern learning-on error identification in second language (L2) writing. The data consists of error identification instances from fifty-five participants, compared across different reference materials: the Corpus of Contemporary American English (COCA), dictionaries, and no use of reference materials. There are three significant findings. First, the use of COCA effectively identified collocational and form-related errors due to inductive inference drawn from multiple example sentences. Secondly, dictionaries were beneficial for identifying lexical errors, where providing meaning information was helpful. Finally, the participants often employed a strategic approach, identifying many simple errors without reference materials. However, while maximizing error identification, this strategy also led to mislabeling correct expressions as errors. The author has concluded that the strategic selection of reference materials can significantly enhance the effectiveness of error identification in L2 writing. The use of a corpus offers advantages such as easy access to target phrases and frequency information-features especially useful given that most errors were collocational and form-related. The findings suggest that teachers should guide learners to effectively use appropriate reference materials to identify errors based on error types.

Korean Multinational Corporations' Global Expansion Strategies in Manufacturing Sector: Mother Factory Approach

  • Yong Ho Shin
    • International Journal of Internet, Broadcasting and Communication
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    • v.16 no.1
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    • pp.269-279
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    • 2024
  • The study explores the evolving landscape of overseas expansion strategies by Korean corporations, focusing on recent geopolitical tensions, the COVID-19 pandemic, and disruptions in global supply chains. It emphasizes the challenges faced by industries producing high-value products and delves into the concept of "Friend-Shoring" policies in the United States, leading major Korean companies to invest in local semiconductor, battery, and automotive factories. Recognizing the potential fragmentation of Korea's manufacturing sector, the paper introduces the "Mother Factory" strategy as a policy initiative, inspired by Japan's model, to establish core production facilities domestically. The discussion unfolds by examining the cases of major companies in Japan and the United States, highlighting the need for Korea to adopt a mother factory strategy to mitigate risks associated with friend-shoring policies. Inspired by Intel's "Copy Exactly" approach, the paper proposes a Korean mother factory model integrating smart factory technology and digital twin systems. This strategic shift aims to enhance responsiveness to geopolitical challenges and fortify the competitiveness of Korean high-tech industries. Finally, the paper proposes a Korean Mother Factory based on smart factory concepts. The suggested model integrates smart factory technology and digital twin frameworks to enhance responsiveness and fortify competitiveness. In conclusion, the paper advocates for the adoption of a comprehensive Korean Mother Factory model to address contemporary challenges, foster advanced manufacturing, and ensure the sustainability and competitiveness of Korean high-tech industries in the global landscape. The proposed strategy aligns with the evolving dynamics of the manufacturing sector and emphasizes technological advancements, collaboration, and strategic realignment.

A Study on the Strategic NSDI Model for Developing Countries based on Korean Experiences (한국의 경험을 통한 개발도상국 NSDI 전략적 구축 모델에 관한 연구)

  • Kim, Eun Hyung
    • Spatial Information Research
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    • v.21 no.6
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    • pp.11-21
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    • 2013
  • This study aims to establish a strategic NSDI (National Spatial Data Infrastructure) model for developing countries based on good practices in the Republic of Korea. The Republic of Korea is a unique country in the world, which has become a developed country from a recipient of international aid since the Korean War in 1950. The rapid economic growth can be mostly attributed to the IT technologies and the Republic of Korea's NSDI efforts as a good practice could provide useful lessons for developing countries. This study consists of theoretical reviews, interviews of Korean NSDI experts, analysis for lessons learned, a summary of the lessons in terms of Six NSDI components and finally a strategic NSDI model for developing countries. The NSDI model is structured by (1) implementation strategies suggested for geospatial data, capacity building, geospatial platform, and cost-effective management with partnership, (2) a roadmap of important NSDI tasks and activities, and finally, (3) a harmonized approach for successful NSDI implementation.

Bimatrix Game Approach to Power System Market Analysis (전력거래에서의 내쉬균형점 해석을 위한 Bimatrix 게임 기법 연구)

  • Lee, Kwang-Ho
    • Proceedings of the KIEE Conference
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    • 2002.07a
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    • pp.380-382
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    • 2002
  • An important aspect of the study of power system markets involves the assessment of strategic behavior of participants for maximizing their profits. In models of imperfect competition of a deregulated electricity system the key task is to find the Nash equilibrium. In this paper, the bimatrix approach for finding Nash equilibria in electricity markets is investigated. This approach determines pure and mixed equilibria using the complementarity pivot algorithm. The mixed equilibrium in the matrix approach has the equal number of non-zero property. This property makes it difficult to reproduce a smooth continuous distribution for the mixed equilibrium. This paper proposes an algorithm for adjusting the quantization value of discretization to reconstruct a continuous distribution from a discrete one.

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A Discretization Algorithm for Bi-Matrix Game Approach to Power Market Analysis (전력시장 해석을 위한 Bi-matrix 게임의 이산화 알고리즘)

  • 이광호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.52 no.1
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    • pp.62-67
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    • 2003
  • An important aspect of the study of power system markets involves the assessment of strategic behavior of participants for maximizing their profits. In models of imperfect competition of a deregulated electricity system, the key task is to find the Nash equilibrium. In this paper, the bimatrix approach for finding Nash equilibria in electricity markets is investigated. This approach determines pure and mixed equilibria using the complementarity pivot algorithim. The mixed equilibrium in the matrix approach has the equal number of non-zero property. This property makes it difficult to reproduce a smooth continuous distribution for the mixed equilibrium. This paper proposes an algorithm for adjusting the quantization value of discretization to reconstruct a continuous distribution from a discrete one.

Strategies of Diffusing Smart Grids for Low-carbon Green Growth: Grounded Theory Approach (저탄소 녹색성장을 위한 스마트그리드의 확산전략: 근거이론 접근법)

  • Joo, Jae-Hun;Kim, Lyun-Hwa
    • The Journal of Information Systems
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    • v.22 no.1
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    • pp.225-248
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    • 2013
  • Korean government has been implementing a smart grid testbed in Jeju Island for the low-carbon green growth. As smart grids are in the early stage of their diffusion, strategic guidelines and related measures are needed to spread them successfully. In general, the successful diffusion of new technologies or new products are mostly determined in its early stages. With the introduction of smart grids, the electricity market paradigm will be transformed into user-oriented from provider-oriented. Thus, a study on the diffusion of smart grids from the perspective of users is necessary. This paper examines factors affecting the adoption and diffusion of smart grids from users' perspectives and provide strategic guidelines for diffusing the smart grid. Researchers conducted in-depth interviews with 41 people who have been already using smart grids in the Jeju testbed. Semi-structured interviews were used to collect data. The interviews were recorded on a digital voice recorder memory and subsequently transcribed verbatim. A total of 133 pages of transcripts were obtained from about 10 hours interviews. 97 concepts, 47 sub-categories and 19 categories were identified through open coding of grounded theory. We suggested a paradigm model for diffusing smart grids and total of seven propositions as strategic guidelines.

Research on IoT International Strategic Standard Model (사물인터넷의 세계표준화 추진전략 모델 연구)

  • Hong, Sunghyuck
    • Journal of the Korea Convergence Society
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    • v.8 no.2
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    • pp.21-26
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    • 2017
  • As the Internet-related products are launched in a variety of ways, if the products are not produced according to the world standardization model of the Internet, communication with the standardized products will not be smoothly performed. This study was carried out in order to improve the competitiveness of export by launching the global standardization promotion strategy of the Internet of things, to grasp the internet standardization trends of each country and to release the following products. This research work presents a strategic driving model that can enhance interoperability among heterogenous IoT devices. Therefore, this research proposed case by case strategic standard approach based on level of technologies.

Clusters and Strategy in Regional Economic Development (지역경제개발에서 클러스터와 발전전략)

  • Feser, Edward
    • Journal of the Korean Academic Society of Industrial Cluster
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    • v.3 no.1
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    • pp.26-38
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    • 2009
  • Many economic development practitioners view cluster theory and analysis as constituting a general approach to strategy making in economic development, which may lead them to prioritize policy and planning interventions that cannot address the actual development challenges in their cities and regions. This paper discusses the distinction between strategy formation and strategic planning, where the latter is the programming of development strategies that are identified through a blend of experience, intuition, and analysis. Cluster theories and analytical tools can provide useful informational inputs into a strategy making effort and they can also be helpful for programming specific interventions (i.e., strategic planning). However, they should not be used as the exclusive or even predominant framework for filtering information about the competitive advantages of a region or for formulating strategy. To do so forces strategy making into a conceptual box defined by only one highly stylized theory of regional growth and development.

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Cost down thin film silicon substrate for layer transfer formation study (저가격 박막 실리콘 기판을 위한 단결정 실리콘 웨이퍼에 layer transfer 형성 연구)

  • Kwon, Jae-Hong;Kim, Dong-Seop;Lee, Soo-Hong
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • 2004.04b
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    • pp.85-88
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    • 2004
  • Mono-crystalline silicon(mono-Si) is both abundant in our environment and an excellent material for Si device applications. However, single crystalline silicon solar cell has been considered to be expensive for terrestrial applications. For that reason, the last few years have seen very rapid progress in the research and development activities of layer transfer(LT) processes. Thin film Si layers which can be detached from a reusable mono-Si wafers served as a substrate for epitaxial growth. The epitaxial films have a very high efficiency potential. LT technology is a promising approach to reduce fabrication cost with high efficiency at large scale since expensive Si substrate can be recycled. Low quality Si can be used as a substrate. Therefore, we propose one of the major technologies on fabricating thin film Si substrate using a LT. In this paper, we study the LT method using the electrochemical etching(ECE) and solid edge.

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