• 제목/요약/키워드: Trade terms

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An Empirical Study on the management Strategies of Korean Firms corresponding with the Political Environment in local Brazil : Focusing on the Analysis of Structural Equation Modeling (한국 기업의 브라질 현지 정치적 환경에 대응하는 경영전략에 관한 연구)

  • Kim, Chul
    • International Area Studies Review
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    • v.14 no.3
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    • pp.131-154
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    • 2010
  • This study tries to analyze what the most significant factors are in Brazil, where the Korean investing firms have to overcome and adapt to various difficulties, especially in terms of political environment. This main purpose of this research is to test empirically some relations of between the managing strategy of Korean firms and the environment factors of politics in Brazil while this is conducted in two stages. First, the research model is designed by reviewing relevant theories, previous studies, and the current investment conditions in local Brazil. Second, the survey of Korean firms engaged in investment activities in there is done by collecting questionnaires from them. with this survey, the strategic method of multiple regression is used to testing some hypotheses. At the result of Analysis, It is proved there haven been negative affecting political factors of law/regulation system and administrative operation service, and Korean firms have implementing the responding management strategies with reasonable adaptation to risks and human network reinforcement.

A Study on the Management Strategies of Korean Enterprises against the Factors of Locally Political Circumstance in Russia - Focusing on the Empirical Analysis of Structural Equation Modeling - (러시아 진출 한국기업의 현지 정치적 환경에 대응하는 경영전략에 관한 연구 - 구조 방정식 모형 분석을 중심으로 -)

  • Shin, Kwang-Ha;Park, Myung-Chan
    • International Area Studies Review
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    • v.12 no.3
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    • pp.111-133
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    • 2008
  • This study tries to analyze what the most significant factors are in Russia, where the Korean investing enterprises have to overcome and adapt to various difficulties, especially in terms of local circumstance politically. This main purpose of the research is to test empirically some relations between the managing strategy of Korean enterprises and the circumstance factors of politics in Russia while this is conducted in two stages. First, the research model is designed by reviewing relevant theories, previous studies, and the current investment conditions in local Russia. Second, the survey of Korean enterprises engaged in investment activities in there is done by collecting questionnaires from them with this survey. And the statistic method of structural equation modeling is used to testing some hypotheses. Explaining the analyzing tools, SPSS 12.0 for windows is being used for Correlation, Reliability, Validity and Multi regression and Finally the Path analysis is implemented by AMOS 7.0 for windows.

A Panel Data Analysis of the Effects of Worker Participation on the Economic Performance of Workplaces (경영참여가 사업체의 경제적 성과에 미치는 영향에 관한 패널분석)

  • Kim, Jungwoo
    • Korean Journal of Labor Studies
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    • v.24 no.1
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    • pp.261-295
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    • 2018
  • This study draws on data from the 1st (2005) to 6th (2015) waves of the Workplace Panel Survey regarding workplaces with labor representatives, i.e., a trade union or labor-management council, and analyzes these using a fixed effects panel data model to examine the relationship between the level of worker participation and the economic performance of workplaces. Analysis results indicate that higher levels of worker participation in an earlier time period are associated with higher per-worker value added (productivity) and per-worker labor costs (wages) at the current time period, but only up to a certain level beyond which the effect is found to decrease, thus forming an inverted-U shape pattern. Considered from a broad framework, these results are in line with the theoretical predictions by Freeman and Lazear (1995), who had established the logic behind the dynamics of the participation of labor representatives in management activities. In view of the fact that the current average level of worker participation in Korea is very low, the empirical analysis results of this study presents the policy implication that raising the level of workplace participation somewhat beyond current levels would yield improvements in economic performance in terms of the shared rent between labor and management - i.e., productivity (per-worker value added).

An Analysis of the Factors Influencing Sales Price of Multi-Household Houses in Chang-won City (창원시 다가구주택의 매매가격에 영향을 미치는 요인 분석)

  • Oh, Sae-Joon
    • Journal of the Korea Convergence Society
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    • v.10 no.3
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    • pp.193-201
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    • 2019
  • The public's interest regarding multi-household houses, one of the small-scale housings used as profit earning property, has been increasing. Previous studies regarding price, such as the rent and sales price of multi-household houses', however, were difficult to find. Thus, this study set forth to find out what characteristics influence the sales price of multi-household houses so as to provide further suggestions to investors' decision makings and developers' strategy establishments. The data was retrieved from multi-household sales transacted in Changwon City. Through empirical analysis, this paper found that prices were high in Euichang-gu and Seongsan-gu, and meaningful variables in terms of locations were distance from major trade areas(-), distance from main streets(-), and Corner site(+). Meaningful variables related to household characteristics were total floor area(+), Studio type(+), Southern exposure(+), Building age(-), and Full-furnished(+).

An Analysis on the Determinants of Employment in Chinese Economy (중국경제의 고용결정요인분석)

  • Yoo, Il-Seon
    • International Area Studies Review
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    • v.15 no.2
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    • pp.175-196
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    • 2011
  • The developing countries have a lot of dormant resources, attempting the take-off of economic growth. The theory of 'vent for surplus' and Lewis model provide a good cornerstones to analyze the effect of export, FDI and domestic production on employment. This paper attempts to do empirical test to figure out what factor is significant as the determinant of Chinese employment. For this test, the estimation equations are derived from the Cobb-Douglas production function. The results are that the domestic production affects the most positive employment, compared to FDI and export. Unlikely general expectation, export doesn't have an substantial effect on employment in China. It is also found that the absorption of technology through export is lower than that of FDI in terms of the effect of technology on employment. So it is suggested that the employment policy should be shifted toward the increase of domestic production by using FDI rather than by promoting export industry. to reduce the internal imbalance.

A Study on the Regional Conditions and Characteristics of Apartment Ownership Resale (지역별 아파트 분양권 실태 및 특성 연구)

  • Kim, Sun-Woong;Suh, Jeong-Yeal
    • Journal of Cadastre & Land InformatiX
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    • v.48 no.2
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    • pp.5-20
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    • 2018
  • This paper aims to analyze characteristic by the cities focused on the ratio of new apartment resale that is one of the apartment unit sale market, which has been increased recently. So, this study examined characteristics of population, apartment trade & sale, housing with 162 cities and counties and performed multiple regression analysis with dependent variable, ratio of new apartment resale. As a result. the factors affecting the ratio of new apartment resale are 7variables, apartment sales rate, transfer of ownership, apartment turnover rate, sale volume, regional apartment rate, population increasing rate, housing average apartment sale price rate. In terms of the increase in apartment sales prices, the rate of sales price increase was relatively low in areas where the transaction rate for apartment sales is high, and the number of apartment sales right transactions increased as the number of other ownership transfers rose. As a result, the data will be based on the improvement of the government's policies and systems to stimulate the transaction focused on the real estate agents in the apartment market.

The Cost Optimization Solution for Developing the Image Infra-Red (IIR) Missile Seeker Operated Under Various Environments (정밀 유도무기용 적외선 영상탐색기의 운용환경에 따른 성능대비 개발비용 최적화 연구)

  • Kim, Ho-Yong;Kang, Seok-Joong;Jhee, Ho-Jin
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.23 no.4
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    • pp.365-373
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    • 2019
  • An Image Infra-Red(IIR) seeker is widely used for precision guided munitions to provide intelligent and precise target detection in terms of high kill probability. However, there have been issues in determining the performance versus cost trade-offs due to high cost of seeker comparing to other units of the munitions. In this paper, performance/cost evaluations have been carried out to find the most cost-effective solution for developing the IIR seekers. The relationships between the critical parameters and cost are investigated to determine the optimal point which represents the low cost with high performance. It is expected that the presented approach will be able to be used for guidelines to select the appropriate IIR seeker for the given operating conditions and can be useful to estimate the cost effectiveness of the precision guided munitions at early design stage.

The Publicness of Public Institutions: Case Study on the Korea Medical Dispute Mediation and Arbitration Agency (공공기관의 공공성 이행 검토: 의료분쟁조정중재원 사례를 중심으로)

  • Yang, Fain
    • Health Policy and Management
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    • v.31 no.3
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    • pp.280-291
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    • 2021
  • Background: Based on the fact that the Korea Medical Dispute Mediation and Arbitration Agency is a public institution established by social demands for medical disputes, this study reviews the publicness of public organization and discusses its policy implications. Methods: Through Moore's strategic triangle, which consists of legitimacy and support, public value and operational capacity, the process of creating public value is examined. For the analysis, case studies were conducted using related literature data from 2012, when the agency was established, to the present. Results: As a result of the analysis, first, the related law examined in the operational capability has been revised dozens of times, but the revised law has its own contradictions and limitations. The human resource system is also being improved, but there is a problem with the fairness and reliability of the arbitration process, especially due to the limitations of the appraiser system. Second, in terms of legitimacy and support, a regional gap occurred despite efforts to improve accessibility through the expansion of the organization. And the arbitration agency failed to reconcile conflicts caused by stakeholders' perception of each other as a trade-off relationship. Third, the public value result shows that, despite many explicit (statistical) achievements, citizens' use of the past dispute resolution means (litigation) has not decreased. Likewise, the perception of value makers (citizens) is important for creating public value as an invisible result, but it has not yet been formally investigated, so the performance can not be recognized. Conclusion: While the organization's efforts for continuous change and improvement are encouraging, it is not perceived as a better means of resolving disputes and improving quality of services. Therefore, it is necessary to reconsider the institutional design centered on value creators.

A Comparative Study on the Right to Avoid the Contract of the Buyer under SGA and CISG (SGA에서 매수인의 계약해제권에 관한 연구: CISG와의 비교를 중심으로)

  • Min, Joo-Hee
    • Asia-Pacific Journal of Business
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    • v.11 no.3
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    • pp.273-290
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    • 2020
  • Purpose - The purpose of this paper is to examine the buyer's right to avoid the contract under SGA and CISG. Design/methodology/approach - This paper has conducted literature reviews to analyze the right to avoid the contract of the buyer based on the comparative study. Findings - Under s. 11(3) of SGA, the breach of a condition and an intermediate which deprives the buyer substantially of the whole benefit of the contract may give rise to a right to treat the contract as repudiated. But under Art. 49 of CISG, the buyer has the right to terminate the contract where the seller's failure to performance amounts to a fundamental breach of contract. Regarding the breach of an intermediate and the breach under CISG, the buyer should take into account where the seller's breach is fundamental or not. Moreover, an anticipatory breach can give rise to a right to avoid the contract. The anticipatory breach of a condition justifies termination. The breach of an intermediate and the breach under CISG require an anticipatory fundamental breach of the contract. Under SGA, the buyer has to prove an anticipatory breach in fact but CISG does not require virtual certainty, which SGA has stricter criteria to assess an anticipatory breach. Research implications or Originality - Comparative study helps to understand the nature of provisions under SGA and CISG and suggests practical advice to choose applicable laws. SGA gives more certainty to classify a contractual term. In case of the breach of a condition including the anticipatory breach under SGA, the buyer does not have to ask how much serious the breach is. But CISG requires the fundamental breach of the contract, which means that the buyer has the more burden of proof compared with SGA.

Analysis on the Importance and Competitiveness of Support Services of the Food Service Franchise Headquarters AHP Technique (AHP를 이용한 외식프랜차이즈 가맹본부의 지원서비스의 중요도 및 경쟁력 분석)

  • CHOI, Chaebong;LEE, Sang-Suk
    • The Korean Journal of Franchise Management
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    • v.10 no.4
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    • pp.7-18
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    • 2019
  • Purpose: This study identifies the relative importance of the sub - factors of initial services and continuous services using AHP (Analytic Hierarchy Process) method, and calculates the competitive index for the detailed factors. The purpose of this paper is to propose the establishment of long - term and short - term management strategy for expansion of business of food service franchise, franchisors, long - term and win - win relationship with franchisees, and rationalization of operating system. Research design, data, and methodology: The population for the survey is 92 franchisees in 46 foreign brands and 46 domestic brands in the Seoul metropolitan area (Seoul / Gyeonggi / Incheon). The survey was conducted from July 1 to August 31, 2018 through the survey agency with a telephone interview and a surveyor's direct visit. A total of 100 questionnaires were collected, but a total of 92 parts were used for analysis except 8 parts that were considered to contain false information. Using the AHP method, relative importance and competitiveness index were calculated for the details of initial services and continuous services. Results: The results shows continuous services were significantly higher for both foreign brand franchises, domestic brand franchises, and overall than initial services, This suggests that the continuous services of the affiliated franchisors has a higher relative importance than the initial services. Among the continuous services, brand reinforcement and promotion were significantly higher for both foreign brand merchants and domestic brand franchises. This can be regarded as the most important factor in brand reinforcement and promotion when selecting a food service franchisors. Conclusions: In the Standard Terms and Conditions governed by the Fair Trade Commission, the franchisors should increase the fairness by creating manuals for supporting services, especially after opening, and regularly checking whether the supporting services have been carried out like manuals since the establishment of franchisees. In addition, the Brand Strengthening and Public Relations Committee (tentative name) jointly participated by the franchisors and franchisees for the purpose of strengthening and promoting the brand, suggesting a system for transparent and efficient execution of the brand reinforcement and promotion budget and monitoring afterwards.