• Title/Summary/Keyword: Risk Importance

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An Unsafe Practice Analysis considering Potential Risk to Foreign Construction Laborers in Korea

  • Shin, Yoonseok
    • Journal of the Korea Institute of Building Construction
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    • v.15 no.4
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    • pp.441-449
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    • 2015
  • Recently, the number of accidents reported involving foreign laborers has risen, and the need to prevent accidents at construction sites has become more urgent. It has been found that 90 percent of construction accidents are caused by unsafe work practices, and various studies have been conducted on these practices with the aim of preventing accidents at construction sites. However, the tendency with previous studies was to average the results of survey responses, and as a result it is impossible to consider the potential risk of how many foreign laborers feel unsafe in relation with the unsafe practices. Therefore, in this study, importance-performance analysis (IPA) was improved in order to assess the potential risk of the unsafe practices of foreign laborers at construction sites in Korea. To verify the applicability of the improved IPA, a survey was carried out, and then the results were compared with those of the IPA. Through the use of the improved IPA, unsafe practices that were not found in the previous IPA but have potential risk were identified. The method proposed in this study is expected to contribute to the prevention of construction accidents of foreign workers by enabling a more efficient management.

Linking Omnichannel Integration Quality and Customer Loyalty in Vietnamese Banks

  • Thu Trang PHAM
    • Journal of Distribution Science
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    • v.22 no.6
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    • pp.95-106
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    • 2024
  • Purpose: This study investigates the complex dynamics of consumer behavior in Vietnamese banking omnichannel environments, focusing on the roles of service consistency, service transparency, flow, perceived privacy risk, and loyalty intention. Research design, data and methodology: Using a sample of 422 Vietnamese bank customers, data analysis revealed significant relationships among the variables under investigation. Results: Firstly, service consistency was found to positively influence flow experiences and negatively impact perceived privacy risk, highlighting the importance of uniform service quality across channels in enhancing consumer engagement while mitigating privacy concerns. Similarly, service transparency was positively associated with flow experiences and negatively associated with perceived privacy risk, underscoring the importance of transparent information dissemination in fostering immersive consumer experiences while alleviating privacy apprehensions. Furthermore, both flow experiences and perceived privacy risk significantly influenced loyalty intentions, indicating the pivotal roles of engaging experiences and data security in driving consumer loyalty. Additionally, mediated relationships were observed, demonstrating the interplay between service consistency, service transparency, flow, perceived privacy risk, and loyalty intention in shaping consumer behavior in omnichannel contexts. Conclusions: These findings provide valuable insights for retailers and marketers seeking to optimize consumer experiences and cultivate loyalty in omnichannel environments by prioritizing consistency, transparency, and data privacy protection.

The Relationship between Clothing Involvement and Fashion Leadership of Early Adolescents (전기 청소년의 의복관여와 유행선도력과의 관계)

  • Choo, Tae-Gue;Ku, Yang-Suk
    • Fashion & Textile Research Journal
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    • v.1 no.1
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    • pp.18-25
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    • 1999
  • The purpose of this study was to identify the relationship between clothing involvement and fashion leadership of early adolescents. A questionnaire was administered to 232 9th grade students living in Taegu during April of 1998. Data were analyzed by using Factor analysis, Correlation, t-tests, ANOVA, Scheffe test, and Regression analysis. Clothing involvements were factor analyzed resulting five factors such as interest, importance, fashionability, symbolism, and risk perception. Four factors except risk perception factor were used in data analysis. Four clothing involvement factors showed highly positive relations with total clothing involvement. Interest, importance, and fashionability factors showed highly positive relationship each other. Fashionability and interest factors had effect on fashion leadership. Female adolescents were more concerned about clothing interests than male. Adolescents who were high clothing-interested and fashion-oriented purchased more clothing items. Adolescents who showed high clothing involvements such as interest, importance, and fashionability paid much more on purchasing clothes.

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Strategies for Risk Management of Agricultural Business in Agricultural Companies (농업경영체의 농업경영위험관리 전략에 관한 연구)

  • Kim, Cheol-Ho
    • Journal of Agricultural Extension & Community Development
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    • v.18 no.3
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    • pp.631-664
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    • 2011
  • As agricultural companies encounter number of risks in their business, it is very important to control the risks for their stable management. So we examine the agricultural business risks and propose the risk management strategies for the agricultural companies. For these purpose, we analyze the agricultural business risks with which agricultural companies are confronted, and propose the agricultural companies' the risk management strategies. The results of this study are as follows : First, Changing the risk environment of agricultural business, we have to realize the importance of the agricultural risks and risk management in it. Second, When we choose the risk management strategies which are risk retention, risk avoidance, risk control, risk transfer and insurance, etc., we should always consider the frequency of loss and the severity of loss. Third, If we don't control the agricultural risks, we will be in a position to very difficult situation. So, Agricultural companies should lead to stronger effort to manage the risks for their stable business.

Evaluation of Risk Level for Damage of Marine Accidents in SRRs using Inner-Outer Dependence Method (내부-외부 종속법을 이용한 수색.구조 구역의 위험성 평가)

  • Jang, Woon-Jae;Keum, Jong-Soo
    • Proceedings of KOSOMES biannual meeting
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    • 2006.05a
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    • pp.59-64
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    • 2006
  • In this study, the risk of SRRs was assessed upon the scale of the damage of marine accidents. For the risk assessment, inner-outer dependence methods and special knowledge-based fuzzy logic were introduced. Also, in order to calculate the importance of assessment value in this study, a max min composition method was used for fuzzy logic based on the principle of fuzzy extension and the centroid of gravity method was used for non-fuzzy formation. In order to produce the importance of assessment items, the inner-outer dependence methods were used for assessment items, and markov analysis method was used for the importance of the final comprehensive assessment. As a result, the risk of SRR of Tongyoung and Yeosu was proven relatively higher, thus, it needs to have more rescue ships and rescue devices for relieving the risk in the future.

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An Analysis of the Importance of the Risk Factors Influencing the Calculation of the Subcontract Construction Bidding Cost (건설공사 하도급 입찰단가 산정에 영향을 미치는 리스크 요인의 중요도 분석)

  • Lee, Sung-Goo;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.2
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    • pp.109-117
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    • 2007
  • The construction environment has the trend of oversizing and professionalizing, the increase of the construction period, and the risk factors and the uncertain factors which are important in the construction bid. The misunderstanding and the lack of knowledge of the subcontractor result in the decrease of the profit or the deficit. In conclusion, these are supposed to give the financial burden to the subcontractor. So, it is very important to predict the construction preparation cost calculation by the risk factors in the bidding stage and to calculate the bid unit cost considering the target profit of the subcontractor in the process of the mutual agreement and performance of the contract. In these points of view, this study analyzes how the importance of the risks influencing the bidding cost calculation affect the construction cost, and this analysis can be used as the basic data to establish the suitable bid strategy of the subcontractor.

Evaluation of Risk Level for Damage of Marine Accidents in SRRs using Inner-Outer Dependence Method (내부-외부 종속법을 이용한 수색.구조 구역의 위험성 평가)

  • Jang Woon-Jae;Keum Jong-Soo
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.12 no.3 s.26
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    • pp.219-224
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    • 2006
  • In this study, the risk of SRRs was assessed upon the scale of the damage of marine accidents. For the risk assessment, inner-outer dependence methods and special knowledge-based fuzzy logic were introduced. Also, in order to calculate the importance of assessment value in this study, a max-min composition method was used for fuzzy logic based on the principle of fuzzy extension and the centroid of gravity method was used for non-fuzzy formation. In order to produce the importance of assessment items, the inner-outer dependence methods were used for assessment items, and markov analysis method was used for the importance of the final comprehensive assessment. As a result, the risk of SRR of Tongyoung, Mokpo and Yeosu was proven relatively higher, thus, it needs to have more rescue ships and rescue devices for relieving the risk in the future.

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A Study on Risk Factor Analysis of Construction Scaffold Installation (건설비계 설치작업의 위험요인 분석에 관한 연구)

  • Kim, Kyong-Hoon;Boo, Yoon-Seob
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.11a
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    • pp.189-190
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    • 2019
  • Designers and builders are omitting structural design and relying on workers' experience, due to the lack of awareness of the importance of scaffolding in domestic construction sites, and there is a high probability of collapsing accidents such as inappropriate wall joint installation and non-compliance with work procedures. Therefore, risk factors were analyzed in detail and major risk factors were derived from opinions of site managers and scaffolding experts in this study.

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A Study on Reliability Analysis and Quantitative Risk Analysis for Liquefied Petroleum Gas Station (LPG 충전시설에 대한 신뢰도 분석과 정량적 위험성 분석에 관한 연구)

  • Kim In-Won;Jin Sang-Hwa;Kim Tea-Woo;Kim In-Tae;Yeo Yeong-Koo
    • Journal of the Korean Institute of Gas
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    • v.5 no.4 s.16
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    • pp.40-48
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    • 2001
  • For a Liquified Petroleum Gas(LPG) station, the reliability analysis, such as Fussell-Vesely importance, risk decrease factor and risk increase factor, was carried out and the risk ranks of events were determined. In order to confirm the degree of the risks identified in the reliability analysis, the quantitative risk analysis was done for the equipments which had the large values of risk ranks. As a result of the importance analysis for the LPG station, the external event was identified as the most riskful event. The defect of construction structure and the pipe corrosion were riskful as well. The result of quantitative risk analysis showed that the length of 46.3 meters were estimated to damage the process equipments by the thermal flux from the catastrophic rupture of storage tank in Boiling Liquid Expanding Vapor Explosion.

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A Study for Selecting the Plant Project Risk Management Check List (플랜트 PRM (Project Risk Management) 체크리스트 항목 선정을 위한 연구)

  • Choi, Doo-hoi;Bang, Hong-soon;Lee, Tae-hyeong;Kim, Ok-kyue
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.1
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    • pp.54-64
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    • 2018
  • Currently, as construction businesses develop and diversity, risk became one of the most crucial considerations. Risks are potential and difficult to predict by nature. Also, they are important as they influence delay in construction period and increase of project costs. In construction projects in South Korea and elsewhere, the importance of risk management widely recognized and relevant research is being conducted continuously. The companies use PRM checklist but apply different criteria and items. For efficient risk management in plants, plant PRM checklist is necessary. This study analyzed risk factors that are taken into account in construction projects and proposed a plant PRM checklist based on case analysis and opinions of experts. Also, it rated the frequency and importance of each risk.