• Title, Summary, Keyword: Small and Medium Business

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A Study on Financial Stability Ratios in Small and Medium Size Business (중소기업 재무안정성 비율에 대한 연구)

  • 고재중
    • Journal of the Korea Society of Computer and Information
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    • v.3 no.3
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    • pp.129-137
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    • 1998
  • A position of small and medium size business is increasing in the national economic. On the other hand, there are many difficulties in the small and medium size business. The most difficult problem is the financial supply for the small and medium size business. This study is analzing the financial stability ratios of the small and medium size business in comparision with financial ratios of a large enterprise and industrial average ratio. As the result, the degree of financial stability ratio of small and medium size business is lower than industrial standard ratio. While the degree of financial stability and liquidity ratios of the small and medium size business is higher than industry average ratio. the degree of dependence of borrowing of the small and medium size business is lower. Therefore, it is necessary for nation and administration organization to supply financing for the small and medium size business.

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Determinants of Investment Capital Size: A Case of Small and Medium-Sized Enterprises in Vietnam

  • XUAN, Vu Ngoc
    • The Journal of Asian Finance, Economics, and Business
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    • v.7 no.6
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    • pp.19-27
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    • 2020
  • This research investigates the determinants of investment capital size in Vietnam's small and medium-sized firms. The study employs a sample of 458 small and medium-sized enterprises in the country. The study is based on data collects in the areas of Hanoi, Bac Can, Buon Ma Thuot and Pleiku Provinces at time series data of October 2019. This study also identifies the factors that affect the size of investment capital in medium and small-sized enterprises in Vietnam. Data are processed via STATA 14.0 and SPSS 20.0 software. The research results indicate that (1) business lines, (2) import and export business, (3) type of business registration, (4) business location, (5) operating time, and (6) the percentage of the organization's capital contribution are factors that impact on the size of the investment capital of the business. Business line and business location have negative impacts on investment capital size. The operating time, the percentage of the organization's capital contribution, import and export business, and the type of business registration have positive impacts on investment capital size. In addition, the findings of this study also suggest that the operation time has the highest impact on investment capital size of the small and medium-sized firms in Vietnam.

The Electro-Mechanical Properties of Disk-Type Stator for Ultrasonic Motor (초음파 모터용 디스크형 고정자의 전기기계적 특성)

  • Lee, J.S.;Kim, B.W.;Lee, S.H.;Shin, S.I.;Nam, K.D.;Oh, H.K.;Jang, Y.J.
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • pp.339-340
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    • 2006
  • In this paper, disk-type ultrasonic motor using radial and bending vibration modes is newly designed and fabricated to measure its characteristics. As the diameter of elastic body increases, the resonant frequency decreases and its resonant frequency is about 92kHz when the physical dimensions of piezoelectric ceramic and elastic body are 28mm of diameter and 2mm of thickness, and 32mm of diameter and 2mm of thickness, respectively. When the applied voltage is 20Vpp. its speed and torque are 200rpm and 1N, respectively.

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A Study on the Early-Stage Financing Scale for Building Small & Medium Business (창업 중소.벤처기업의 초기자금 규모 설정에 관한 연구)

  • Hwangbo, Yun
    • 한국벤처창업학회:학술대회논문집
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    • pp.275-299
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    • 2006
  • This study aims at examining the early-stage financing scale for entrepreneur to build small & medium business. The data was collected from the DART (Data Analysis, Retrieval and Transfer System) of Korean Financial Supervisory Service(FSS) in the main. The results of this study show that small & medium business needs equipment & operation financing for about 37 months extent to reach Break-Even Point. The limitations of this study are data collections from registered firms on Korean FSS primarily and no showing about the early stage financing scale for building small & Medium Business concretely. Small & Medium business entrepreneur have to make a early stage finance plan according to a necessary equipment and operating cost in their business field for 37 months extent.

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A Study for Korea Small Business Enterprise Policy and Vision (중소기업의 정책방안과 비전에 관한 연구)

  • Heo Kap-Soo
    • Management & Information Systems Review
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    • v.15
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    • pp.109-145
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    • 2004
  • Upcoming 21st century, Management circumstance for a small and medium enterprise have been rapidly changed by Knowledge management, Informationization, Hi-technology. Changing from an era of small concept to strong concept, It will be a severe innovation period and can not survive with life as the same as the past, It is the era of best which mean only the best can survive, None of the average faculty can survive. Due to rapid proceeding of innovation of Informationization, It stimulate acceleration of technology innovation, infinity competition regardless the nation boarder, result in proceeding to Informationization. A small and medium enterprise is defined as smaller size of business than big business as point of capital, employee, output. It is concept, which usually used against concept of big business. When define a small and medium enterprise, criteria to determine a small and medium enterprise is depends on country and a category of business. However, In every country, A small and medium enterprise is getting be bigger and importance factor in whole industry. A small and medium enterprise is well developed and also well balanced with a large enterprise in the developed country. All around in the world, Interest about a small and medium enterprise is becoming higher. It is actively researching into a small and medium enterprise as the mean to create new employment, new industry, as means to from integration of a all and medium enterprise,as source of high competitive power. The status quo of rapid changing into informationization have been realized at considerable level in Korea. Information society is defined as information technology is main key to determine individuals competitiveness, which can solve effectively the side effect result from industrialization. It cleary imply that information technology is the most promising and important industry in 21st century. Therefore, We should seek to foster independent a small and medium enterprise and develop them corresponding to new concept of a small and medium enterprise in 21st century. The main frame of policy should be new economic system, which can contribute establishment of a small and medium enterprise, management innovation. It also attribute a small and medium enterprise to reveal their creative. New economic paradigm in 21st will be expanded with organization, market, technology. So far, a small and medium enterprise has been acknowledge as economic weaker and the one should be protected. However, In 21st century a small and medium enterprise will be considered as active majority or a source of creative. Development of technology to produce a small quantity with variety product and acceleration of knowledge and informationization will result in comparative merits of a small and medium enterprise. Hereby, The role and relative importance of a small and medium enterprise in our economic will getting be larger and It will be developed as the main force to activate the economic. However, Only a small and medium enterprise, which overcome difficulty with active desire and effort to improve their lot can be developed as a competitive enterprise in 21st century in considering themselves to be developed as diversity, active, independent, business by an enterprise.

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A Study on the Effect and Operation of Quality management (품질경영 운영.효과에 관한 연구)

  • 박노국;이덕구
    • Proceedings of the Safety Management and Science Conference
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    • pp.149-161
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    • 2000
  • This study investigated the management environment of medium and small business by examining the role of medium and small business in national economics, the change in management condition, and the problems in quality and technique. Also we analyzed problems in the past quality control activity of our medium and small business, and examined the driving direction and introduction method of QM. And to understand the effect of manager's concern in quality management to observe the quality system before and after introduction of QM. A target for this investigation is the medium and small business which has introduced QM through ISO 9000.

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A Study on Sales Activity Method throughout Customer Relationship Management (고객관계관리를 통한 소상공인의 매출증대에 관한 연구)

  • Park, Jae-Yong
    • Management & Information Systems Review
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    • v.23
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    • pp.1-23
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    • 2007
  • Small and Medium Business Associate has supporting small and medium business and private business for establishment business and sales increasing with various policy since 2005. Arousing the interesting on customer relationship management, small and medium business and private business have recognized the necessity of the concept and introduction the CRM. This study suggested the effectiveness of the CRM throughout real cases of the CRM for small and medium business managers in order to rising sales in such an environment. The case of this study tried to figure it out to accomplish manager's ends of small and medium business to get successful business results based on innovative volition and mind trying to change. The owner who has experience 12 years in meat sales was analyzed the results of aptitude test that the business is highly appropriate to him in personality and aptitude. As also saw the strength and opportunity of SWOT analysis, he has an excellent talent for friendship, knowledge of searching Internet and organizing information, and learning ability. This study provided a marketing policy, ideas of customer services and system remodeling to improve relationship with customer, and a division diagnosis of business activities. The owner has an excellent friendship, so that this study suggest to remodel interior inside store clearly and sanitary displaying on products, to introduce aggressive and concentrated marketing strategies, and to recognize the important of public relation.

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A Study on Supporting Policies for Small/Medium Business in Software Industry (소프트웨어 산업에서 중소기업 지원정책 연구)

  • Kim, Joong-Han
    • Journal of Information Technology Services
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    • v.2 no.1
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    • pp.1-15
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    • 2003
  • Relentless competition and price cutting race make small/medium software business very difficult to maintain their business. Especially small software businesses are often at a disadvantage when they try to win government contracts, Due to the characteristics and importance of software industry, there is no doubt that government support for mall/medium software business is indispensible. In fact, the development of the US software industry has been strongly influenced by government policy during postware period. This paper attempts to examine the general small/medium business supporting policies currently implemented. In addition, policies in the construction industry and the US federal government are explored, in order to find appropriate roles the government should play.

Alternative Labor Shortage Statistical Measures for Small and Medium Enterprises in Korea (한국의 중소 제조업체 노동력 부족의 개념과 측정)

  • Seol Dong-Hoon
    • Korea journal of population studies
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    • v.27 no.1
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    • pp.121-146
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    • 2004
  • Despite the fact that there are about 435,000 unemployed youth out there in 2003, small and medium manufacturing companies experience a shortage of labor in South Korea. Korean government has released the statistical data on labor shortage as well as unemployment. However, there is an inconsistency in the labor shortage statistics of the small and medium business sector released by two different government bodies: the Labor Demand Survey by the Ministry of Labor (MOL), and the Manpower Survey for the Small and Medium Business by the Small and Medium Business Administration (SMBA). This paper analyzes causes of the differences the conceptualization and measurement of labor shortage and the data collecting methods. This paper also suggests alternative statistical indicators to overcome the confusion.

국내(國內) 중소기업(中小企業) 품질관리(品質管理) 현황문제점(現況問題點)과 효과적(效果的)인 품질관리(品質管理) 적용추진(適用推進)에 대(對)한 소고(小考)

  • Sin, Yong-Baek
    • Journal of the Korean Society for Quality Management
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    • v.9 no.2
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    • pp.37-43
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    • 1981
  • In Korea small - medium companies constitute 96.6% of all of the mining and manufacturing industries, about 35.2% of the total production of value added business, an average of 35% of the actual export of industrial goods,and 47.7% of employment at the end of 1979. Now then small - medium industry companies organization style constitutes 82.1% of private companies and 82.7% of the total on an small scale under 50 persons in regular empolyees. Small - medium industry Companies have growing problems and bottle-necks in their physical conditions. Total Quality Control is contributed by small - medium industry company for more growth than present conditions. But now, Small - medium industry company do not use systematic application of Quality Control Method, the small - medium business compay products quality is not better as compared with big business Company. Specially, TQC is needed for Small - medium company for imperishable enlargement.

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