• Title/Summary/Keyword: Management consulting

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An Internet Shopping Mall Evaluation Model based on Malcolm Baldrige Model (말콤 볼드리지 기반한 인터넷 쇼핑몰 평가모형)

  • Kim, Hee-Ohl;Baek, Dong-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.3
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    • pp.102-113
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    • 2010
  • In this research, we proposed a quality evaluation standard model which is suitable for the internet shopping mall based on the Malcolm Baldrige National Quality Award model. A 7-Point Likert Scale was used based on the seven categories within the 2008 Malcolm Baldrige Criteria : Leadership, Strategic Planning, Customer and Market Focus, Measurement Analysis and Knowledge Management, Workforce Focus, Process Management, and Result. Furthermore, we analysed the validity and causal relationship among the factors within the model. The goal of this research is to find a rational standard to evaluate internet shopping malls nationwide and help the structuring and the operation of these malls. The results may be used not only as a tool to evaluate internet shopping mall sites but also as a guideline to improve the quality of a internet shopping mall site that is under development.

Long Term Mean Reversion of Stock Prices Based on Fractional Integration

  • Jun, Duk-Bin;Kim, Yong-Jin;Park, Dae-Keun
    • Management Science and Financial Engineering
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    • v.17 no.2
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    • pp.85-97
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    • 2011
  • In this study we examine the long term behavior of stock returns. The analysis reveals that negative autocorrelations of the returns exist for a super-long horizon as long as 10 years. This pattern, however, contrasts to predictions of previous stock price models which include random walks. We suggest the introduction of a fractionally integrated process into a nonstationary component of stock prices, and demonstrate empirically the existence of the process in NYSE stock returns. The predicted values of autocorrelation from our stock price model confirm the super-long term behavior of the returns observed in regression, indicating that inefficiency in the stock market could remain for a long time.

Splitting Algorithm Using Total Information Gain for a Market Segmentation Problem

  • Kim, Jae-Kyeong;Kim, Chang-Kwon;Kim, Soung-Hie
    • Journal of the Korean Operations Research and Management Science Society
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    • v.18 no.2
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    • pp.183-203
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    • 1993
  • One of the most difficult and time-consuming stages in the development of the knowledge-based system is a knowledge acquisition. A splitting algorithm is developed to infer a rule-tree which can be converted to a rule-typed knowledge. A market segmentation may be performed in order to establish market strategy suitable to each market segment. As the sales data of a product market is probabilistic and noisy, it becomes necessary to prune the rule-tree-at an acceptable level while generating a rule-tree. A splitting algorithm is developed using the pruning measure based on a total amount of information gain and the measure of existing algorithms. A user can easily adjust the size of the resulting rule-tree according to his(her) preferences and problem domains. The algorithm is applied to a market segmentation problem of a medium-large computer market. The algorithm is illustrated step by step with a sales data of a computer market and is analyzed.

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A TOC and BSC based Incentive Model for Small Companies and Some Case Analyses (TOC와 BSC를 활용한 중소기업형 성과보상제 추진모형 구축 및 사례분석)

  • Hwang, Young-Je;Kwon, Hyuck-Moo
    • Journal of Korean Society for Quality Management
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    • v.37 no.2
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    • pp.22-31
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    • 2009
  • While large companies successfully manage incentive systems, small and medium sized companies have difficulties in successful management of the incentive system. In this article, we propose an incentive model fitted for the small and medium sized companies. To overcome the barriers, which are mainly due to lack of resources, we use the ideas of TOC and BSC. We also provide an application example of an actual company and examine the validity of our model.

Harmonization, Mobility Management, and Fixed-Mobile Convergence: Studies in the ITU-T Special Study Group on

  • Delmond, Frederic;Kim, Young-Kyun;Pandya, Raj;Pettitt, Bruce;Samou, Jean-Claude
    • Journal of Communications and Networks
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    • v.4 no.4
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    • pp.314-320
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    • 2002
  • The various sectors of the International Telecommunication Union (ITU) have been addressing the evolution of thirdgeneration and future wireless systems in the context of a comprehensive International Mobile Telecommunications 2000 (IMT-2000) project, and within the ITU’s Telecommunication Standardization Sector (ITU-T) a Special Study Group on “IMT-2000 and Beyond” has been established to address the network aspects of these emerging wireless systems. The Special Study Group (SSG) is playing a global role in this general area, in which a number of regional standards development organizations and a variety of industry forums are also active. This paper provides background information on the SSG and describes the SSG’s ongoing work addressing medium-term issues relating to convergence of fixed and mobile systems and the harmonization of evolving IMT-2000 systems. The paper also addresses related mobility management aspects.

Firms' Characteristics between Highly Successful and Less Successful Venture Business (우량.비우량 벤처비즈니스의 기업특성)

  • Choi Sang-Ryul;Roh Hyun-Sub
    • Management & Information Systems Review
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    • v.6
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    • pp.163-186
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    • 2001
  • A venture business plays important roles in the economy of a developing nation. It makes highly value-added product, increases employment and improves the industry structure. The objective of this study is to derive the financial and non-financial characteristics from venture businesses, which determine a highly successful business group or a less successful business group. The firm characteristics are composed of 21 financial(liquidity, leverage, cash flow, activity, productivity, and etc) and 34 non-financial characteristics(manager, technology, marketability and credibility variables), which have been considered as the key characteristics for venture business by the existing literature. All financial ratios and non-financial characters play a role of making discriminations between a highly successful and a less successful group. Because there are not generally accepted definitions, classifying a highly successful and a less successful venture business is a very difficult problem. Operational definitions have many problems but we have no choice in current stage.

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Issues on Management of Agricultural Corporation and Its Improvement Measures (농업법인체(農業法人體)의 합리적(合理的)인 운영(運營)을 위한 경영전략(經營戰略))

  • Kwon, Yong-Dae
    • Korean Journal of Agricultural Science
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    • v.24 no.2
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    • pp.257-266
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    • 1997
  • Changing environments in agricultural business make it necessary to promote the cooperative farming system so as to scale up farming size, which may contribute to increasing competitive power. Therefore, rural and fishery development program was established in 1990 to encourage individual farmers to jointly form the agricultural company or farming cooperatives. However, while the number of agricultural corporations has rapidly increased through the governmental support, their business achievements become worsening mainly resulting from unplanned and careless management practices. This paper suggested following strategies for management process reengineering to improve the efficiency of agricultural corporations; challenging business initiatives to enlarge volume of sales amounts, maintaining the optimal level of participants and physical assets for cost savings, and proper use of information technology and consulting agencies.

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Contents and Operational Situation of Internet Homepage in General Hospital (종합병원 인터넷 홈페이지의 컨텐츠 및 운영 현황과 향후 개선 방향)

  • Kim, Tae-Seob;Lee, Hae-Jong
    • Korea Journal of Hospital Management
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    • v.4 no.2
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    • pp.192-218
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    • 1999
  • The purpose of this research is to suggest how to develop the internet homepage of the general hospital. The research was operated with 72 general hospitals which were titled 'general hospital' by subject in internet web search engine. The contents of general hospital homepage was studied by internet screen. On the other hand, It was surveyed for homepage operation by mail questionaire. The contents was mainly composed with (1) introduction of hospital (2) medical examination and the treatment-related information (3) the information & communication (4) the general medicare service, specialist & employee service. In order to operate homepage effectively, inquiry system, reservation system, consulting, information search, phone number, etc, web database shall be established inside of hospital homepage which will link compatible with computer database in hospital. Human resources employment & purchasing order system used by a enterprise shall be in consideration of adopting, since it has various merits in light of hospital management.

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A Study on the Introduction of the Cost Accounting in Agriculture (농산물 비용계산에 있어서 원가회계 도입을 위한 이론적 고찰)

  • Lee, Young-Man
    • Journal of agriculture & life science
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    • v.43 no.4
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    • pp.45-51
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    • 2009
  • Production cost in agricultural accounting has been utilized as an index for determining appropriate prices of agricultural products, establishing agricultural policies and providing extension services for farmers. However, it is necessary for the concept of cost accounting to introduce in establishing farm planning and consulting farmers' management. In this paper, I review problems associated with costing rules which are considered as criterion for accounting cost in agriculture and suggest directions for cost accounting in agricultural management.

A Study on safety improvement of Domestic Construction Industry subject to Design for Safety review (설계안전성 검토 시행에 따른 국내 건설업 주체의 안전개선 연구)

  • Ji, Kyung-Hwan;Choi, Byung-Jung
    • Journal of the Korea Safety Management & Science
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    • v.19 no.4
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    • pp.63-76
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    • 2017
  • This thesis provides background information on DFS carried out by the government in an effort to reduce the accident rate, cases of DFS in other advanced countries to study their risk detection, risk assessment, risk control measures, and cases in which application of DFS during the designing phase succesfully led to reduction of the accident rate. Till now, the focus has been on incident responses after the occurance of accidents, it describes the importance of considering safety during the desining process through safety results and cases.