• Title/Summary/Keyword: Corporate Decision Making

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A Study on the Effect of the Logistics Service through e-Marketplaces (e-Marketplaces를 통한 물류서비스 성과에 관한 연구)

  • Lee, Gwang-Bae;Kim, Myeong-Su
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.239-253
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    • 2005
  • Although logistics service quality is considered an essential strategy for success and survival in today's internet environment, there are still a lot of question: what variables determine the extent of logistics service effect, how difficultly do the determinants affecting logistics service effect and how accomplish the decision making in the implementation of inter-organization information system. The purpose of this study is to examine a model to utilize the application and effect of logistics service through e-marketplaces. The results of empirical analysis are mentioned as follows; First, among the interorganization information system factors, four variables(top management support in organization characters, competitive degree in environment characters, relative advantage and information efficiency in innovation characters) have been shown to be primary determinant of the effect of logistics service quality. Second, the type of independent variable used results in a significant difference in the effect of logistics service quality. Third, Korean firms have to pursue the corporate strategy focused on logistics service quality.

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Development of the Corporate Entry In German Cataloging Rules (독일목록규칙에서의 단체기입의 전개과정)

  • Kim Tae-Soo
    • Journal of the Korean Society for Library and Information Science
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    • v.19
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    • pp.113-149
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    • 1990
  • The RAK has in general adopted the provisions of the paris principles to a far greater extent than many other cataloguing codes. And the analyses confirm that the determination of the main entries in German cataloging rules is a rather complex process and one which can result in inconsistent, arbitrary decisions. And the selection of the main entry requires a considerable amount of decision making which is time-consuming and costly. From the point of view of computers, all entries are equal as points of retrieval. In light of the above considerations the most important recommendation to be made is that the main entry principle be abandoned from cataloging theory and practice and be replaced by the title entry. It would eliminate the need for personal judgments required by the present rule. In so doing, it would bring uniformity and Standardization to cataloging practice. Use of the title entry would reduce the time and effort spent on the selection of the main entry which serves no important purpose in the catalog. Therefore title entry is more developed finding device than author entry in direct approach for document retrieval.

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Exploring Topic Defining Patterns of Students in Interdisciplinary Capstone Design Class (캡스톤 디자인 수업에서 학생들의 주제 결정 패턴 탐색)

  • Byun, Moon Kyoung
    • Journal of Engineering Education Research
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    • v.21 no.1
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    • pp.14-26
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    • 2018
  • The goal of this study was to explore topic defining patterns of students in interdisciplinary Capstone Design Class. Thematic analysis methodology was used to examine 85 Korean college students' lived experience of project topic generation which is for interdisciplinary capstone design class and Individual open-ended survey for constituted the data sources. Findings show four contexts of student's topic defining patterns using thematic analysis including (a) one leader's directed problem representation, (b) team common decision making after brainstorming, (c) empathy with professor proposed issue, (d) problems offered to students by corporate or research competitions. Based on research result, I could suggest instructional strategies of Capstone Design Class of teacher for helping their students' topic defining. It was necessary to minimize the opinions of the instructors at the beginning of class and minimize the number of team members. And also it provided a lot of opportunities to collaborate with companies in the topic selection process, it will help to develop the students' ability to determine the valuable topic in project.

A study on the methodology of management science affected by new science (신과학운동과 경영과학 방법론 고찰)

  • 추휘석;박광일
    • Korean Management Science Review
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    • v.4
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    • pp.84-98
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    • 1987
  • After a brief discussion of the reality of OR/MS, a detailed examination is made of the impacts of academic OR/MS on its practice. These impacts include the dispersion of OR/MS in organizations, the traditional role of OR/MS, researchers, and the narrow interpretation of decision making process of current OR/MS, and the dissolution of its interdiciplinarity. The changes in OR/MS environment which should have evoked adaptive responses from it, but were not considered. The increasing inappropriateness of OR/MS methodology is discussed by focusing on the deficiencies of its concept and practice of optimization and academic role of OR/MS researchers. These deficiencies, it is argued, can be overcome by a comprehensive reconceptualization of the field, its methodology, the extended role of OR/MS researchers. Finally, the example of realizing New Paradigm, the Full Corporate Modelling with Simulation, is presented.

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An Exploratory Study on The Factors Affecting BPO(Business Process Outsourcing) Performance of Domestic Firms: Focused on Knowledge Intensity and Degree of Informatization of Business Process (국내 기업의 비즈니스 프로세스 아웃소싱 영향요인에 관한 탐색적 연구 : 프로세스의 지식강도와 정보기술지원 정도를 중심으로)

  • 김정욱;박정훈;남기찬
    • Journal of the Korean Operations Research and Management Science Society
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    • v.28 no.3
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    • pp.149-168
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    • 2003
  • With the increase of global competition and the reduction of the lifecycle of business process, most leading companies begin to adopt BPO(Business Process Outsourcing), by outsourcing the whole or part of their business process to external service providers and focusing on their core capability, in order to enhance their core competency, In adopting BPO, it is an important decision-making issue that which part of process should be outsourced. So identifying core/non-core process among the business processes is a prerequisite for managing corporate capability and performance of outsourcing. In this study, by focusing on knowledge intensity and degree of informatization of the business process that are important factors in adopting BPO, we have analyzed the current status of BPO adoption of domestic firms and proposed several guidelines for adopting BPO.

An IT-based Coordination Support for Production and Marketing Decisions (정보기술을 활용한 생산과 마케팅 의사결정 조정)

  • 이원준;이건창
    • Journal of the Korean Operations Research and Management Science Society
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    • v.26 no.4
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    • pp.23-37
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    • 2001
  • This paper is concerned with the critical issue of allocating limited corporate resources among multiple products and between production and marketing functions of a functionally decentralized firm where the two geographically remote functions independently make decisions pertaining to their own decision-making domain. We attempt to demonstrate how IT can contribute to enhancing the quality of coordinating production and marketing functions from the perspective of resource allocation. To this end, we propose a prototype named ITBCS (IT-Based Coordination System) that works under LAN supported computing environments. We develop a comprehensive coordination scheme that can handle various cost functions for the resource constrained, multiple product case that huts been tittle discussed in literature. A preliminary version of ITBCS has been implemented for a hypothetical situation where LAN electronically wires distributed marketing and production computing nodes. Managerial implications are also discussed.

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The Fundamental Understanding Of The Real Options Value Through Several Different Methods

  • Kim Gyutai;Choi Sungho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.620-627
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    • 2003
  • The real option pricing theory has emerged as the new investment decision-making techniques superceding the traditional discounted cash flow techniques and thus has greatly received muck attention from academics and practitioners in these days the theory has been widely applied to a variety of corporate strategic projects such as a new drug R&D, an internet start-up. an advanced manufacturing system. and so on A lot of people who are interested in the real option pricing theory complain that it is difficult to understand the true meaning of the real option value. though. One of the most conspicuous reasons for the complaint may be due to the fact that there exit many different ways to calculate the real options value in this paper, we will present a replicating portfolio method. a risk-neutral probability method. a risk-adjusted discount rate method (quasi capital asset pricing method). and an opportunity cost concept-based method under the conditions of a binomial lattice option pricing theory.

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The Energy-efficiency Analysis of Companies in Korea Using DEA (DEA를 활용한 국내 기업의 에너지효율성 분석)

  • Moon, Hana;Min, Daiki
    • Korean Management Science Review
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    • v.32 no.3
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    • pp.37-54
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    • 2015
  • This paper suggests energy efficiency which can be the foundation on corporate profit and effective energy management following by change of global climate and of energy-related regulations. Using comparable financial information and information related to energy use, an DEA (Data Envelopment Analysis) model has been used to identify energy efficiency with DMU (Decision Making Unit)s which are companies subjected to reduce greenhouse gas emission in 2009. Through this research, different from existing researches, environmental variables which can influence on energy efficiency are identified. The results show as follows. First, most of companies follow IRS, which means scale of economy exists among units so that they have more opportunity to increase efficiency by increasing scale of inputs. Second, this research identified that depending on the difference of environmental characters such as the emission structure and the size of companies, energy efficiency of the companies turns out differently.

Development of IT Architecture through Enterprise Architecture Planning - New Paradigm of Information Systems Planning - (전사적 아키텍처 기획(EAP)을 통한 IT 아키텍처의 구축 - 정보시스템 기획(ISP)의 새로운 패러다임 -)

  • Jang, Si-Young;Shin, Dong-Ik;Lee, Chung-Seop
    • Asia pacific journal of information systems
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    • v.11 no.2
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    • pp.159-180
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    • 2001
  • Despite the large and ongoing investments in information systems and technologies, many organizations still suffer from the lack of integration and interoperability of multiple information systems, In order to deal with these enduring problems, a number of government organizations and corporate firms in the United States have developed and maintained IT architectures through enterprise architecture planning. An IT architecture is a decision-making framework for IT planners and developers, establishing guidelines for the individual IT resource owners and users. It provides guidance to those involved in building and maintaining IT systems and infrastructure. Enterprise architecture planning represents a new paradigm of information systems planning in that it addresses the long-term view of the enterprise organization from top-level principles to detailed technology architectures. This paper explores a couple of cases in the successful implementation of IT architectures in both public and private sectors, and proposes a step-by-step methodology for building an effective IT architecture.

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REALIZING THE INTELLIGENT SURVEY AGENT AND ONLINE APPLICATION FORM IN GUI ENVIRONMENT VIA INTERNET (웹기반 설문조사 및 원서 접수 에이전트(Agent) 구현)

  • 황현보;김석수
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2002.06a
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    • pp.7-20
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    • 2002
  • Corporate sectors and individuals are in need of valuable and relevant information to swiftly adapt to the Internet-driven business or educational environment. This research employs the intelligent survey agent and online application form to help people to locate the information they would want from internet quickly. Based on Internet GUI environment, this user-friendly outline survey and outline application form program uses the agent concept to provide the customized, individual information to the users who registered their survey answers, to the extent of increasing the interest and participation of users. The system helps along with the decision making process, by quickening the information gathering process.

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