• Title/Summary/Keyword: Value for Money

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Money Management Behavior According to Consumption Value for Adolescent Consumer

  • Heo Yeong Sook;Lee Seung Sin
    • International Journal of Human Ecology
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    • v.5 no.2
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    • pp.93-110
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    • 2004
  • The purpose of this study is to investigate the money management behavior according to the consumption value for consumers, especially for adolescents. Using 502 samples of middle school adolescents, a survey was conducted from May 10 to May 20, 2004. The main results were as follows: 1) The consumption value for adolescent consumers was categorized conspicuous-consumption value, brand-oriented value, mental-oriented value and advertising-dependent value. 2) Female adolescent, with more private spending money, with mobile phone, with importance on brand when purchasing mobile phone, paying more for using mobile phone, having conspicuous-consumption value, with more importance for brand when purchasing mobile phone and having more advertising-oriented value. Adolescent consumers with less private spending money, less payment for mobile phone and having mental-oriented value. 3) Female, with more educated mother, with less spending private money and having better money management behavior. 4) With less conspicuous-consumption value, more mental-oriented value, adolescent consumers have better for money management behavior.

Study of Electronic Money for Korean Finantial Situation (한국 금융구조형 전자화폐 모델에 대한 연구)

  • 최승우;김용득
    • Proceedings of the IEEK Conference
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    • 2001.06e
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    • pp.173-176
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    • 2001
  • In this treatise information communication indust based change phenomenon of payment system of money explain and study and compare way ago value that use electronic comnunity of the world and presented correct electron money model in real condition of our country. Draw payment way that consider particular situation and korean situation and that wi introduce electron money model of the world and analyze merits and demerits and is money here upon. Electron money introduction of smart card way that support all off-line and on-line that I currency and the nearest topology here direction must is insisting and relate in use of this or presenting value of money flowchart and draw the validity and hangup by introducing electronic mono model who is presenting in Kyong-gi Province and Su-won current and go forward group. Proposed suitable electron money system in Korea situation by proposing money form and model of payment system that can satisfy all this at 1 situation and physical special quality of mon by conclusion and clarify flow of the value.

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The influence of consumption values on fast fashion brand purchases (소비가치가 패스트 패션 브랜드 구매에 미치는 영향)

  • Park, Hye-Jung
    • The Research Journal of the Costume Culture
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    • v.23 no.3
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    • pp.468-483
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    • 2015
  • Fast fashion brand marketers should develop marketing strategies that effectively satisfy the values consumers seek when purchasing fast fashion brands. This study aimed to identify the consumption value factors of fast fashion brands and to reveal the value factors that influence attitudes toward purchasing fast fashion brands. Data were gathered by surveying university students in the Seoul metropolitan area using convenience sampling. Three hundred and five questionnaires were used in the statistical analysis, which consisted of exploratory factor analysis using SPSS and confirmatory factor analysis and path analysis using AMOS. The factor analysis revealed the following six value factors: Emotional value, social value, price/value for money, durability value, eco-value, and consistency value. The fit statistic for the six-factor model was quite acceptable. Two of the six value factors, emotional value and price/value for money, positively influenced attitudes toward purchasing fast fashion brands. The overall fits of the revealed model suggested that the model fit the data well. The results suggested that fast fashion marketers need to understand the value factors that motivate consumers to purchase fast fashion brands. In addition, marketers should focus their efforts on satisfying emotional value and price/value for money in order to establish their brands in the increasingly competitive fast fashion industry.

Money Management Education Program for the Children -Higher Grade Elementary School Studuents- (아동소비자의 화폐관리교육 프로그램 -초등학교 고학년을 대상으로-)

  • 성영애;손상희;양세정;윤정혜;이희숙;최현자
    • Journal of Families and Better Life
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    • v.19 no.1
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    • pp.111-129
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    • 2001
  • This study was performed to develope a money management education program for elementary school students graded from 3 to 6 in order to enhance their money management skill. Based on the developmental stages of the children, this program covered five financial issues such as value of money, financial planning, allowance planning, saving and investment, and consuming and purchasing. Total 15 specific education programs were developed. The contents included in each program were value of money & economic circulation, types of money and the importance of money management, the issues related on choice and resource use, long-term and short-term planning, the relationship between occupation and earnings, career planning, budgeting, the reasons and types of saving, understanding of interest, investment methods, the functions of market and trade, intra family income distribution, consumptions, and consumer decision making process.

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Operating model for A Value-For-Money evaluation of BTL Projects for Educational Facilities (교육시설 BTL 사업의 투자가치 평가를 위한 운영비 모형 구축)

  • Son, Ki-Young;Kim, Jang-Young;Kook, Dong-Hoon;Kim, Sun-Kuk
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.6
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    • pp.141-150
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    • 2006
  • As the law on the private sector investment in social infrastructure was amended in January of 2005, the government is aggressively promoting BTL projects but many trials and errors and problems are occurring. Especially, the Value-For-Money evaluation conducted by the responsible agencies to judge the appropriateness of the project found there was a conspicuous difference between the computed cost and the final contract sum. Accordingly, this study is aimed to grasp the problems in the current Value-For-Money evaluation and to improve it in order to proceed with BTL projects efficiently. To achieve this, through a relative comparison to the final contract sum, a clear standard for the items of Value-For-Money evaluation was presented and thus, a model that can ensure accuracy in computing the Value-For-Money was established so that a delay in negotiations can be avoided. If the Value-For-Money evaluation established in this study is used in assessing the appropriateness of unit prices for BTL projects for education facilities, a reasonable result can be expected to be drawn in selection and negotiations with contractors, and maintenance and Post-Operation-Evaluation(POE) of education facilities as well.

Differences in Attitudes and Behaviors toward Money of the College Students after and before IMF Economic Crisis (IMF 경제위기 전후 대학생의 돈에 대한 태도와 행동 차이)

  • Kim, Jung-Hoon;Dong, Hwan-Suk
    • Korean Journal of Human Ecology
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    • v.11 no.3
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    • pp.237-247
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    • 2002
  • The purpose of this study was to compare the attitudes and behaviors toward money among college students after and before IMF economic crisis. The subject of investigation consists of 389 students in the year of 1995 and 112 students in the year of 2000 in Wonkwang university. The major findings are as follows: 1) The exploratory factor analysis of money attitudes and behaviors scale drew four factors such as; power, obsession, money management and pleasure. 2) Male students have a tendency more likely than females not only to look upon money as power but also to have an obsession before IMF economic crisis. But gender differences were disappeared after. 3) In comparison of the before and after IMF economic crisis, the behavior value in reference to money is generally increased. The social power and the cognitive attitude like an obsessional increased smaller than that of a practical such as money management or pleasure. The pleasure is raised the largest. 4) The level of attitudes and behavior for money management is raised the most for female students while, the value of the pleasure has the greatest increase for male students rate.

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Reading "Money": Value and Signification of Money (화폐 읽기: 화폐의 의미작용과 가치)

  • Won, Yong-Jin;Hong, Sung-Il
    • Korean journal of communication and information
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    • v.41
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    • pp.75-107
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    • 2008
  • The paper aims to figure out the meaning of money in terms of communication in which we can find the specific communicative and cultural form of money. In the modern capitalist society, we cannot limit money within the economical terms - for example, store of value, medium of exchange, unit of account and means of payment - because money mediates all human activities beyond the economic boundary and conveys specific meaning in the social and the cultural area. Money can be the medium of the cultural and the communicational as well as the medium of the economic. In this respect, we've try to articulate money with linguistic or semiotic insight. Through this theoretical dialogue, we find two significations of money as a medium of communication. The first signification is meta-signification which drives the individual to the unlimited accumulation of the money. Meta-signification displace the second signification of the money that is the singular, over-determined and the mosaic significations. In this process money can be the signifier without signification. And then, money is the Master signifier which all sign should be identified imaginary. Finally, Money is not only the re-presense (Darstellung) of all sings but also the representative (Vertretung) of all signs. But this double position creates some tensions and makes master signifier of money unstable. Man's analysis of Bonapartism, which shares the linguistic or semiotic insight, shows the crack of the re-presence between the representative. Like Marx's analysis, the money has the tension between two signification which makes the room for the struggle to signify.

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Counterfeit Money Detection Algorithm using Non-Local Mean Value and Support Vector Machine Classifier (비지역적 특징값과 서포트 벡터 머신 분류기를 이용한 위변조 지폐 판별 알고리즘)

  • Ji, Sang-Keun;Lee, Hae-Yeoun
    • KIPS Transactions on Software and Data Engineering
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    • v.2 no.1
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    • pp.55-64
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    • 2013
  • Due to the popularization of digital high-performance capturing equipments and the emergence of powerful image-editing softwares, it is easy for anyone to make a high-quality counterfeit money. However, the probability of detecting a counterfeit money to the general public is extremely low. In this paper, we propose a counterfeit money detection algorithm using a general purpose scanner. This algorithm determines counterfeit money based on the different features in the printing process. After the non-local mean value is used to analyze the noises from each money, we extract statistical features from these noises by calculating a gray level co-occurrence matrix. Then, these features are applied to train and test the support vector machine classifier for identifying either original or counterfeit money. In the experiment, we use total 324 images of original money and counterfeit money. Also, we compare with noise features from previous researches using wiener filter and discrete wavelet transform. The accuracy of the algorithm for identifying counterfeit money was over 94%. Also, the accuracy for identifying the printing source was over 93%. The presented algorithm performs better than previous researches.

A Study on the Economics Evaluation using Weighted Average Cost of Capital (가중평균자본비용을 이용한 투자 안의 경제성평가에 관한 연구)

  • 김태성;구일섭
    • Journal of the Korea Safety Management & Science
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    • v.3 no.4
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    • pp.135-144
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    • 2001
  • The capital cost of the company is one that must be paid to the money owner as the price by using the money. The capital cost according to the source of money supply can be estimated by the expected profit rate undertaken by the use of the capital. But in the area of pre-existent economic evaluation, the evaluation of the company investment has been treated by the profit rate of the capital after considering the repayment conditions of the other's money or the interest. Thus in this study, in case the company makes an investment on various kinds of the capital at the same time, not make use of the capital as a one source, the economic evaluation of an investment should be handled by taking the weighted average cost of capital into consideration in proportion to the constitution of the capital cost by the sources of money supply, Especially, as the cost of the private money is very much connected with the profit rate through the stock market, the Capital Asset Pricing Model (CAPM) will be applied. This kind of economic evaluation method can be said to have much to do with the Economic Value Added : EVA) as well as to be highly thought as a standard to estimate the company' value recently To certify the usefulness of this approach, the case study of the output of the capital cost will be made for the purse of the economic evaluation of the alternative investment by using the financial statements of a motor company H.

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Attitudes and practices toward economic lives and their economic educational environment among the elementary school students (초등학교 어린이들의 경제생활에 대한 행태와 가정의 경제교육환경)

  • Km, Jung-Hoon
    • Korean Journal of Human Ecology
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    • v.17 no.3
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    • pp.457-467
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    • 2008
  • The purpose is to explore elementary students' attitudes towards money and the effects of parents' educational involvement on children's economic behaviors. The subjects are elementary students(N= 123) from first grade to sixth grade. The survey consists of question items of money ethics, attitudes towards money, consumer ethics, parents' attitudes toward economic education, and children's economic practices such as management of allowance, income, saving and savings account. The results are as follows: first, the elementary students show the double standard in attitudes to money, thinking of money as positively being important, at the same time, as being negative social value. Second, the parents play positive models in children's economic education. However, their efforts are not enough so that their children could have desirable economic habits. Therefore, economic education is first needed for the parents and then for children.