• Title/Summary/Keyword: Business success

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The Effect of Teacher's Business Knowledge Distributions on School's Academic Achievement

  • Subramaniam KOLANDAN;Kingston PALTHAMBURAJ;R Kalai Vilanggum Kanimoli RETNAM;Azizul Qayyum BASRI;Ahmad Shah Hizam MD YASIR5
    • Journal of Distribution Science
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    • v.21 no.12
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    • pp.15-22
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    • 2023
  • Purpose: Business education is in high demand whereas knowledge is critical for an individual's professional development in general, and for teachers in particular. In this research, the effect of the distributions of teachers' business knowledge on schools' achievement were investigated. Research design, data and methodology: This study employs a quantitative method to investigate the level of business knowledge distributions of teachers on schools' achievement. 155 business studies subject teachers were categorised into 66 respective schools to measure the correlation and regression between teachers' business knowledge distribution and schools' achievement. Results: The results of the study show that there is a significant relationship between school achievement from the aspect of teachers' business knowledge distributions, with the score of, r = 0.345, p < 0.05. The value of R2 shows a moderate relationship between the teachers' knowledge distributions on school achievement but still plays a role in determining the measurement of the school's level of achievement. Conclusions: It is concluded that the relationship between teacher's business knowledge and school achievement in the subject of Business Studies is significant. This study proves that the teacher's knowledge about business is very important in guaranteeing the success of students who took this subject.

Perspective Differences between System Managers and Consultants as to ERP Critical Success Factors (ERP 성공요인에 대한 시스템관리자와 컨설턴트 간의 시각 차이)

  • Chang Hwal-Sik;Choi Yoo-Jung
    • The Journal of Information Systems
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    • v.14 no.2
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    • pp.215-236
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    • 2005
  • The purpose of this paper is to examine the differences in the critical success factors for ERP adoption suggested by the system managers and the ERP consultants. The survey results indicated the following findings. First, there was no significant difference in the relative importance of the critical success factors between the system managers and the ERP consultants. Both groups agree that 'top manager's concern and support' is the most critical factor and that 'user involvement' is the second. However, the system managers tend to think 'training and education of end users' and 'cooperations among the project participants' more important than the consultants do. Second, both groups agree that the most important ERP contribution should be 'improvements in the business processes.' They also agree that the least important aspect is 'ERP's contribution to the individual's productivity.' In overall, the ordered lists of ERP evaluation criteria according to their importances were of no significant difference between the groups. Third the two groups showed differences when they were asked to evaluate the importance of the critical success factors for each of the ERP evaluation criterion. In general, the system managers tend to put more emphasis on 'training and education of end users' and 'adaptation of end users to the changed processes,' whereas the consultants tend to emphasize more on 'top managers' interest and supports' and 'project manager's capabilities and performance.' The differences in the critical success factors presented by the two groups indicated that more efforts need to be devoted to understanding other participant's interests and concerns in an ERP project team. Better coordinations based on the mutual understandings could improve the chance of achieving a success in adopting ERP packages.

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The Study on the Relationship between Boundaryless Career Attitude, Networking Behavior and Career Success (무경계 경력태도와 네트워킹 행동 및 경력성공의 관계에 관한 연구)

  • Choi, Su-Heyong
    • Journal of Digital Convergence
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    • v.19 no.2
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    • pp.203-213
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    • 2021
  • In this study, we consider the relationship between boundaryless career attitudes and career success and the mediating effect of networking behavior. Boundaryless career attitude refers to career attitude in which career paths can gain experience in various environments beyond the fence of a single employment situation. Based on a prior research review, research hypotheses were established for the relationship between boundaryless career attitudes and subjective·objective career success. In addition, three networking behaviors, one of the social capital, were set as mediators between the two variables. Verifying the research hypothesis shows that the boundaryless career attitude and subjective career success are in a significant positive relationship and that the relationship is completely mediated by contact maintaining, friendship, and task networking behaviors. The boundaryless career attitude is a significant positibe effect with objective career success, and this relationship has been shown to be completely mediated by friendship and task networking behavior. Based on the above research results, interpretations, implications, and future research directions were presented.

A Case Study on the Success Factors of Overseas Agricultural Startup: Focusing on the Case of Banana Farm in Cote d'Ivoire (해외 농업스타트업(Agricultural Startup) 성공요인에 관한 사례연구: 'C사'의 제2창업기(바나나 팜 개발사례)를 중심으로)

  • Jin hwan Park;Sang soon Kim
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.3
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    • pp.61-79
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    • 2023
  • This study is a case study of overseas banana farms as a global agricultural startup that has hardly been attempted so far in terms of paradigm shift in the industry, beyond regional limitations. It was researched for the purpose of revealing the success factors of 'global agricultural startup' in terms of business process, entrepreneurship, and management dimensions learned through direct participation and observation at the local level. In order to study global agricultural startups, this study also conducted a comparative analysis of global startups (global startups) and global agricultural startups(global agricultural startups). In fact, the analysis consists of 'definition', 'components', and 'success factors', and we want to confirm the difference between the two concepts that can be distinguished. The case analysis tried to maximize the advantages of 'participatory action research' by directly observing and experiencing banana farms. In the case of banana farm cases, by dividing them into preparation process for farm development and farm development and management process, various variables considered in farm management were explained through the whole process of farm management. Through the process of overcoming and responding to specific failure cases, we tried to secure the reliability and validity of the research, and the case studies related to entrepreneurship, management, and organization analyzed by applying them by subdividing them into theoretical areas belonging to components and management that were theorized in existing preceding studies. This study is almost the first study on the process of creating a local entry business by directly moving the head office overseas rather than entering overseas agriculture as a subsidiary, joint venture or overseas corporation. In particular, it is a unique case that corresponds to agriculture in terms of region(Africa), scale(startup), and industry that have not been introduced so far as a global agricultural startup. In terms of entrepreneurship, it also concretely exemplified how entrepreneurship components such as innovativeness, risk-taking propensity, proactiveness, vision sharing, social contribution, leadership, etc., which have not been attempted so far in agricultural cases, are manifested and effective. The management and cultural aspects also went beyond the argument that only cultural aspects are important in overseas business, and also confirmed individual failure cases and their responses in recruitment, job, wage, retirement, development, organizational structure management, etc. As a result, there is significance and implications of this study in that it provides theoretical confirmation as well as practical and responsive basis for 'entrepreneurship', 'farming management', and 'management' aspects in overseas agricultural startup business operation.

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An Empirical Study on Joint Decision Making and Business Performance between Corporations (기업 간 의사결정 협력과 업무 성과에 관한 연구)

  • Ryoo, Sung-Yul;Suh, Woo-Jong;Koo, Chul-Mo
    • The Journal of Information Systems
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    • v.18 no.3
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    • pp.89-110
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    • 2009
  • In today's e-business environment, it is important to make decisions cooperatively between companies on a supply chain for their business success. This research analyzes empirically the influences of organizational factors on joint decision making and the ones of the joint decision making on business performance. We collected 188 corporate-level data through a Web survey and tested them statistically through PLS method based on a structured equation modeling. The results showed that (i) partner's knowledge creation capabilities, inter-organizational process modularity, and inter-organizational trust had direct effects on joint decision making, (ii) joint decision making and electronic business interfaces bad direct impacts on business performance. Contrary to our expectation, however, the moderating effects of electronic business interfaces between corporations on the relationship between joint decision making and business performance was not significant. On the basis of these results, we discussed theoretical and managerial implications of the findings. The results are expected to provide useful perspectives when companies establish strategies to improve capabilities of cooperative decision making and business performance.

The Analysis on the Possibility of Business Process Modeling using UML Activity Diagram (UML Activity Diagram을 통한 비즈니스 프로세스 모델링 가능성 분석)

  • Ko, Hyun-Min;Son, Myung-Geun;Oh, Youn-Ju;Bae, Doo-Hwan
    • Proceedings of the Korean Information Science Society Conference
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    • 2003.04c
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    • pp.112-114
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    • 2003
  • In order to survive in today's competitive world, understanding the business process and how it works can be a key to success. Visualization improves understandability of business process for developers, and accompanies modeling. There are two modeling methods that are often used in the industry - standard BPMN (Business Process Modeling Notation) and UML activity diagram. This paper shows whether the activity graph of UML 2.0 draft can support business process modeling or not through comparing it with the BPMN features.

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The Effect of Open Innovation on New Business Development (개방형 혁신 활동이 신사업 발굴 성과에 미치는 영향)

  • Do, Sungjeong;Cho, Keuntae
    • Korean Management Science Review
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    • v.34 no.1
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    • pp.27-45
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    • 2017
  • The purpose of this study is to empirically analyze whether open innovation activities are significant and which methods are more effective in developing new businesses. Based on the latest technological innovation survey data of the Science and Technology Policy Institute, the results were analyzed by binary logistic regression analysis. As a result of the analysis, we confirmed that open innovation activities have a positive effect on the performance of developing new businesses. In the open innovation activities, Recruitment (invitation) of specialist in related fields, Business alliance technical agreement, Dispatch of personnel, M&A, Acquisitions identify related field trends showed more influence in order. It would be beneficial to improve the performance of developing new businesses with a low probability of success if utilize more effective innovation activities in developing new business in enterprises or organizations throughout this study.

Antecedents of Acceptance of Social Networking Sites in Retail Franchise and Restaurant Businesses

  • Lee, Jung Wan;Kwag, Michael;Potluri, Rajasekhara Mouly
    • The Journal of Asian Finance, Economics and Business
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    • v.2 no.1
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    • pp.29-36
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    • 2015
  • The paper examines the antecedents of acceptance of social networking sites in retail franchise and restaurant businesses. The success of retail franchise and restaurant business operators via social networking sites depends not only on organizational benefits but also on their behavioral intentions of using it. Three hundred and twenty four samples collected from South Korean retail franchise and restaurant employees are analyzed using factor analysis, structural equation model techniques and one-way analysis of variance. The results of the study identify the three constructs of organizational benefits, perceived tangible assets and perceived intangible assets as for important antecedents to accept social networking sites for their business use. Moreover, higher position employees tend to have more favorable perception of tangible assets and acceptance of social networking sites for their business use.

A Study on the Forecast of Construction Business Failure according to Financial Ratio (재무비율을 이용한 건설기업의 도산 예측)

  • Heo, Woo-Young;Suk, Chang-Mok;Kim, Wha-Jung
    • Journal of the Korea Institute of Building Construction
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    • v.4 no.2
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    • pp.137-142
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    • 2004
  • There was the time of IMF(1998) that management condition of construction business had been the worst. After that time, structural regulation was completed and financial structure was returned to normalcy(2001). At that time, the aim of this paper is that fifteen construction business are researched for process of management condition and capital structure after they is selected as samples for three years, also failure of two-groups is predicted as statistics analysis and multiple discriminant analysis for them. In this paper, It is researched financial statement of business by the forecast experiment of failure and analyzed statistically possibility of failure and success for financial ratio. For them, the fifteen companies of failure and the fifteen companies what were not the failure, for listed company, and the fourteen variables are selected and they are analyzed statistically according to Logit Analysis.

Effective BPM Implementation Strategies for Korea Firms

  • Hwa, Na-Jong;Phil, Jeong-Seon;Jang, In-Sook
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2007.02a
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    • pp.103-109
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    • 2007
  • For Rapid change of business process, BPM(Business Process Management) has been required in order to help cooperations have a fast, active and easy to re-set business process. In the beginning of BPM introduction, there was a hash competition between Korean and foreign BPM solution companies but so far few studies have been accomplished. This study compared characters, related technologies and market situations of BPM Also, this study compared several Korean companies' case of BPM and researched critical success factors of BPM implementation. Thus this study presents an understanding for a proper way to adopt BPM to companies.

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