• Title/Summary/Keyword: Diversification Strategy

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New Strategy of Forest Tree Breeding for Society, Forest Science, and Forestry in Korea

  • Choi, Yong-Eui;Kim, Chul-Woo;Yi, Jae-Seon
    • Journal of Forest and Environmental Science
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    • v.24 no.1
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    • pp.15-25
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    • 2008
  • Social and scientific changes, i.e., global warming, desertification, pollution, biodiversity, bioenergy, plant variety protection, biotechnology, timber demand, reforestation in North Korea, and etc., were reviewed for new strategy of forest tree breeding in Korea. Diversified breeding goals, globalization of breeding target species, multidisciplinary research approaches, manpower networking, establishment of new administrative and research units in KFS and KFRI were proposed. Principles suggested for new tree breeding strategy are: 1) multi-disciplinary approach in settlement of objectives, breeding methods, and etc., 2) expansion of target trees including foreign species, 3) fulfillment of both domestic and international demands for forest tree breeding, 4) establishment of breeding program well-grounded on genetic resources conservation, 5) acknowledgement of breeding products (i.e., variety, technique, gene, and etc.) as goods, and 6) provision of more research opportunities for young scientists. Lastly, ongoing tree breeding project in Indonesia and NTFP R&D Center at the College of Forest and Environmental Sciences, Kangwon National University were introduced as examples of desirable breeding projects based on target species diversification, multidisciplinary approach, and manpower networking.

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Differentiated B2B Marketing Strategy of Dongwon Systems, the No.1 Packaging Solution Company in Korea

  • Jun, Mina;Kim, Sang Yong;Lee, Janghyuk;Koo, Kay Ryung
    • Asia Marketing Journal
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    • v.20 no.3
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    • pp.1-15
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    • 2018
  • Dongwon Systems established in 1977 to exclusively supply Dongwon tuna cans, the parent company. Instead of its stable management and profits by relying on the parent company, the company was not complacent and started innovating and challenging new markets. Dongwon Systems decided to expand the business area and pioneer new markets so that it becomes the first domestic company to successfully expand into independent businesses other than parent company products. Such success of Dongwon Systems was driven by its differentiated B2B strategies. Unlike the characteristics of usual B2B companies, Dongwon Systems has been thinking both of its client companies and end-consumers. In this case-study, we will explore how Dongwon Systems became the No.1 packaging solution company in Korea through technology innovation in the aspects of unique B2B marketing strategy. The key success factor can be summarized in three ways; product and technology development with customer centric mind-set, systematically extending new markets through business diversification, and marking Southeast Asia as a bridgehead for its global strategy. It is expected that the current case study of Dongwon Systems will be able to provide implications for B2C companies as well as B2B companies that try to expand their business portfolio and global business areas through B2B marketing case analysis.

Cluster or Diversify? A Dilemma for Sustainable Local Techno-Economic Development

  • Phillips, Fred;Oh, Deog-Seong;Lee, Eung-Hyun
    • World Technopolis Review
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    • v.5 no.2
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    • pp.98-107
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    • 2016
  • By highlighting the efficiencies gained from regional specialization, the cluster concept has distracted economic development officials from their traditional role of diversifying regional and local economies. Clustering was a viable strategy for much of the 18 years following its original appearance in the literature. Now, two events cast doubt on the continued viability of cluster-based specialization. First, the digital convergence has blurred the boundaries that once separated one industry from another. An industry cluster strategy becomes difficult when the industry cannot be defined. Second, many cluster initiatives fail. Combining literature search with the system-theoretic notions of efficiency and redundancy, we find many factors moderate cluster success. This implies regions facing uncertain success in their cluster-building efforts should thoroughly understand their unique circumstances and build upon them. Regions with successful clusters are advised to aim for multiple related clusters or superclusters.

Global Case Study to Setup Establishment Strategy of National Wind Map (국가바람지도 구축전략 수립을 위한 해외사례 분석)

  • Hwang, Hyo-Jung;Kim, Hyun-Goo
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.458-459
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    • 2009
  • This global case study pursues diversification and intensification for an application system of the national wind map which has been developed to support national strategy building and promotion of wind energy dissemination. We chose nine counties' national wind maps and compared their map area, extraction height, temporal and spatial resolution, download services, etc. to derive a best practice for the Korea wind map application system. Therefore, the application system are designed to offer high resolution height information of which covers wind turbine rotor sweeping area and time-series dataset which can be downloaded for further analysis by users. It is anticipated that the system would contribute greatly to wind energy policy, business and research sectors once the derived ideas have been implemented to the application system

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The Status Quo and Development of Korea Fashion Brands in Shanghai Market

  • Min, Li;Sisi, Qian;Wenying, Cui
    • The International Journal of Costume Culture
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    • v.12 no.1
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    • pp.101-105
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    • 2009
  • With the acceleration of globalization, China accounts for a larger part in the world economy. The Korea fashion brands that have entered into China are becoming more diverse and various and China has become a major market of Korea fashion brands. More than 100 Korea fashion brands rushed into Shanghai, gaining a lot of attention. Korea fashion brands have market strategies such as differentiation strategy, high price and diversification. Korea fashion brands have gained a large market share in China owing to their diversity of products and successful marketing strategy. In order to get more profit, they should make more efforts to increase their brands' awareness, getting more potential consumers.

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Thermal Unit Commitment using Tabu Search (Tabu 탐색법을 이용한 화력 발전기의 기동정지계획)

  • Cheon, Hui-Ju;Kim, Hyeong-Su;Hwang, Gi-Hyeon;Mun, Gyeong-Jun;Park, Jun-Ho
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.49 no.2
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    • pp.70-77
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    • 2000
  • This paper proposes a method of solving a unit commitment problem using tabu search (TS) which is heuristic algorithm. Ts is a local search method that starts from any initial solution and attempts to determine a better solution using memory structures. In this paper, to reduce the computation time for finding the optimal solution, changing tabu list size as intensification strategy and path relinking method as diversification strategy are proposed. To show the usefulness of the proposed method, we simulated for 10 units system and 110 units system. Numerical results show improvements in the generation costs and the computation time compared with priority list, genetic algorithm(GA), and hybrid GA.

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Case Study to Setup Web-Service Strategy of National Wind Atlas (해외사례 분석을 통한 국가바람지도 웹서비스 전략수립)

  • Kim, Hyun-Goo;Hwang, Hyo-Jung
    • New & Renewable Energy
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    • v.5 no.4
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    • pp.3-8
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    • 2009
  • This global case study pursues diversification and intensification for an application system of the national wind atlas which has been developed to support national strategy building and promotion of wind energy dissemination. We chose nine counties' national wind atlas and compared their map area, extraction height, temporal and spatial resolutions, download services, etc. to derive a best practice for the Korea wind atlas application system. Therefore, the web service content is designed to offer high-resolution height information of which covers wind turbine rotor sweeping area and time-series dataset which can be downloaded for further analysis by users. It is anticipated that the system and web service would contribute greatly to wind energy policy making, business and research sectors.

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The Relationship among Perceived Quality, Value, Satisfaction, and Loyalty - Focused on the Discount Retail Store - (지각된 품질, 가치, 만족 및 충성도의 관계 - 대형할인점을 중심으로-)

  • Oh, Jae-Sin;Chung, Ki-Han;Kim, Dae-Up
    • Journal of Industrial Convergence
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    • v.3 no.1
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    • pp.55-77
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    • 2005
  • Recently the environment which besieges distribution system is changing suddenly. With opening the distribution market together the advanced various nations new multinational discount stores are introduced and the competition from this market is growing in intensity. Like this change is raising the recognition of the enterprises against the strategy importance of the distribution channel. Consequently, from under competing which is deepened from the hazard where the discount point industry exists what, it will not be able to do the customer-oriented management which it sees. To lead a customer satisfaction finally and it is important to put out. As only low price standing sale it will not be able to create a competitive advantage and raising the quality also it is demanded with the diversification of product assortment together. It does a customer loyalty degree further firmly and compared to the long-range strategy is necessary.

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A Design of University Information System Operation Audit Model based on ITIL V3

  • Kim, Hee-Wan;Kang, Bo-Ra;Kim, Dong-Soo;Moon, Song-Chul
    • Journal of Information Technology Applications and Management
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    • v.25 no.3
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    • pp.29-41
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    • 2018
  • The purpose of constructing university information system is for improvement in diversification and throughput of information, streamlines business processes, rapid exchange of information, sharing of information, decision-making information, and securing educational facilities. Similar to business information technology system, university information system does not have a review system for sharing and overlapping investment of information. Due to the lack of project management for outsourcing and vulnerability of system suitability, system audit is absolutely needed for the university information system. This paper especially focuses on an operational phase in the audit of university information system. Additionally, we proposed operating model and checklists of the university information system based on Management Guidelines of ITIL V3 Operational and Information System. We derived the checklists of operation audit by each domain of service strategy, service design, service transition, service operation, and continual service improvement. As the result, this study appear to have more than average satisfaction the suitability results were.

Financial Impact of Construction Firms' Business Diversification-Focused on the Residential Facility for Retired Seniors- (건설사의 사업다각화를 위한 유료노인주거시설 투자효과 분석)

  • Chin, Mee-Youn;Choi, Jong-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.1 s.35
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    • pp.96-106
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    • 2007
  • This study aims to evaluate the financial impact of construction firms' business diversification. Specifically, from the construction firms' perspective, this study attempted to present basic investment model by analyzing the effect of investment in residential facilities for retired seniors. Analyses results indicated that the financial impact, in terms of sales volume and gross profit, varies according to the size of firms. The results drawn from this study could be a valuable source when construction firms plan to invest and operate residential facility for retired seniors in order to diversify their business portfolio and stabilize financial structure.