• Title/Summary/Keyword: business office

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The Financial Behavior of Investment Decision Making Between Real and Financial Assets Sectors

  • HALA, Yusriadi;ABDULLAH, Muhammad Wahyuddin;ANDAYANI, Wuryan;ILYAS, Gunawan Bata;AKOB, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.635-645
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    • 2020
  • This research was conducted to achieve several objectives and focus research was based on financial behavior theory and prospect theory as grounded theory e.g., investigate the financial decision-making behavior between financial and real assets investment, and confirm the relationship existing between herding behavior and overconfidence factors to the level of loss and regret aversion, and financial literacy into real assets investment decisions. The study used 220 real estate auction respondents as investor samples at the State Assets and Auction Service Office Makassar, South Sulawesi, Indonesia. Data was collected through the use of a questionnaire consisting of 23 questions to measure the variables. Moreover, the research data passed through several feasibility tests like the inner and outer modeling by Partial Least Square - Structural equation model (PLS-SEM) while the hypotheses formulated were also tested to determine the magnitude of the variable relationship. Through the use of the direct and intervening test, loss and regret aversion variables have a positive and significant effect while financial literacy variables have no significant effect. There is a slight difference in the decision-making process for real assets and financial assets investors. Investment decision making behavior in the financial assets sector requires less complicated decisions compared to the decisions related to real assets investments.

A Study of Blue-Ocean Business model for Smart work Service (블루오션전략을 이용한 스마트워크산업의 비즈니스모델 모색)

  • Song, Keyong-Seog
    • Journal of Digital Convergence
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    • v.10 no.2
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    • pp.93-100
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    • 2012
  • Changing the world, Smartphone has appeared in our lives. People feel convenient in their lives or work. The growth of Smartwork has developed for years all over the world. It has many functions, for instance it is not only help to save energy but also reduce environmental pollution at office or company. There are lots of reasons for this. Eventually Korea is well known as IT industry. So it is the best place to build. In order to achieve Smartwork, there must be service like infra, device, software and so on. Therefore in this study, we'll find business model(Blue ocean strategy) for Smartwork service, and apply into this.

Observations on Spatial Characteristics for Successful Smart Offices and Smart Work Centers

  • Koo, Sanghoe;Lee, Hyunhee
    • Architectural research
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    • v.19 no.2
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    • pp.27-33
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    • 2017
  • Advances in information and mobile technologies have changed the traditional firm ways of working very flexible, collaborative and innovative, resulting in the changes in work place structures and layouts. Despite the growing body of literature examining the novel ways of working, which is called smart work, there is little academic attentions paid to the spatial aspects of new work places, namely smart offices and smart work centers. This research explores the spatial changes of work places that improve business efficiency and collaboration among workers suitable for the novel ways of working. Conducting in-depth field surveys on selected cases, we analyzed the changes in spatial structure and operation policies of smart offices and smart work centers. From this survey, we observed that the new work places under study take various novel spatial forms and they have flexible operating policies such as flexible seating and flexible work hours. We also found that it would be difficult to change existing business practices and typical ways of performing tasks, without changing the bureaucratic spatial designs and layouts. Future studies are suggested to examine how spatial structures and layouts of offices have impacts on space utilization, collaboration, creativity, and job satisfaction.

Impact of Cooperative R&D Projects on ICT-Based Technology Convergence

  • Lee, Heongu;Kim, Pang Ryong;Zo, Hangjung
    • ETRI Journal
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    • v.39 no.4
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    • pp.467-479
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    • 2017
  • This study examines how the characteristics of cooperative research and development (R&D) projects in the public domain impact information and communication technology (ICT) convergence. Based on the analysis of 416 cooperative R&D projects under the ICT-based industry convergence R&D program in Korea, the study finds that the characteristics of cooperative R&D projects significantly impact ICT convergence. Moreover, the participation of public research institutes and universities is critical for ICT convergence compared with that of firms. However, in firm-to-firm cooperation, the participation of small and medium enterprises contributes to cross-sectional convergence, while the participation of large firms leads to overall and longitudinal convergence. R&D inputs such as the number of partners and government subsidies exhibit an inverted U-shaped relationship (negative quadratic effect) with technology convergence. Project duration and homogeneous partners are also critical factors for ICT convergence. The results indicate several implications and guidelines on how to effectively organize cooperative R&D projects to facilitate technology convergence.

Vulnerability Index for Workplace Spot Inspection (취약지수를 이용한 사업장 근로감독과 지방노동관서 평가)

  • Kim, Sung Tai;Park, Wonju;Jeon, Yongil
    • Journal of Labour Economics
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    • v.34 no.3
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    • pp.29-58
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    • 2011
  • Using careful background research and methodology, we proposed a revised sectoral index of vulnerability that is directly applied to two central labor examples: working hours and minimum wages. The valued calculated by each specific index represent the degree of weakness in corresponding conditions at the level of workplace units. Our proposed vulnerability index promises to be applicable to all business units under labor spot inspection. Also, it can be easily updated as the business environment evolves. The index is useful in selecting certain groups of business units and in evaluating the effectiveness of each regional government office.

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Construction and Estimation of Web-based Real Time ERP System - A Case Study (웹기반 실시간 ERP 시스템 구축 및 평가-사례연구)

  • Kim, Jae-Saeng;Choi, Sang-Kyoon
    • The Journal of the Korea Contents Association
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    • v.8 no.4
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    • pp.30-38
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    • 2008
  • At past, but smaller enterprises had operated each business automation system about office, at present, are making use of integration ERP information system that take advantage of accessible web technology in outside environment. In this research we took smaller enterprise's example, constructed ERP system that real-time processing is available to supply ERP information to customer by real time and to handle business in outside site. With construction result of this system, we verified efficiency of system and customers' satisfaction etc of customer's complaint solution, business productivity elevation, economical curtailment and so on through various kinds quantitative estimation.

The Study of the SOA Enabled ERP Systems Implementation in Service Industry: Case Study

  • Kim, Gyu-C.
    • Journal of Korea Society of Industrial Information Systems
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    • v.17 no.1
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    • pp.73-93
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    • 2012
  • The primary objective of this research is to explain how to implement the Service Oriented Architecture (hereafter SOA) enabled Enterprise Resource Planning (hereafter ERP) system successfully for service industries. An implementation of the ERP system help many organizations to alleviate the difficult job of supporting inflexible or legacy systems that in most cases result in cost increases, data redundancy and inaccuracy, and various inefficiencies. However, the ERP system is losing its market share rapidly to the cloud computing system which utilizes the Software-as-a-service (hereafter SaaS) and SOA. The SOA is an approach to integrate various types of IT resources to leverage existing ERP system, while at the same time building an infrastructure that can readily respond to new business environment and offer new dynamic applications. The companies that implement this system have less of a need for the kinds of all-in-one ERP system that have dominated the back office for decades and can move freely to best-of-breed applications. This research will identify the benefits and costs of the SOA enabled ERP system through case studies and its impact on competitive priorities such as cost, quality, delivery, and flexibility.

A Study on the Work Ability Index by the Type of Business, Age and Job (업종, 연령, 업무형태에 따른 작업능력지수에 관한 연구)

  • Lee, Yu-Jeong;Chang, Seong-Rok
    • Journal of the Ergonomics Society of Korea
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    • v.29 no.1
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    • pp.101-105
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    • 2010
  • According to the Korea National Statistical Office data in 2008, the population over ages of 65 years would possess to 10.7% whole population of Korea in 2009 denoting Korea is already in the aging society. It is well-known that the possibility to work longer and to live better is highly related to the work ability of individuals. The objective of this study is to evaluate the work ability of each aged group using the Work Ability Index(WAI) in the shipbuilding industry, machinery industry and Korea housing corporation, and to assess the effect of the type of business, age and job on the WAI score. The results showed that no significant difference was identified on the effect of aging although work ability of some group(over 55 years) was a little higher than that of others. Also, type of business and job had a significant effect on WAI score. These results suggested that the work ability is not necessarily related to aging in Korean society. One possible explanation for this might be different cultural characteristics of Korean society.

A Study on the Elements of Occupational Stress and the Methods to Reduce among Small and Medium sized Company Workers (중소기업 근로자들의 직무스트레스 요인과 해소방법에 관한 고찰)

  • Lee, Baek-Hyun;Jung, Soo-Il
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.1
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    • pp.32-40
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    • 2008
  • According to the statistic of industrial disaster in 2006 presented by the Ministry of Labor, there were 10,235 people with occupational diseases adding 2,740 more people (36.6%) compared to the previous year. Concerning the occupational diseases, 1,607 people had brain-cardiovascular diseases comprising more than 15% of all occupational diseases, and excessive workload and occupational stress seemed to play important parts. According to Korean Society of Occupational Stress, among 7,000 workers at 254 businesses in Korea, 73% of them were reported to be exposed to potential occupational stress and 22% of them were reported to be under severe stress. The increase of occupational stress among workers comes from excessive competition caused by business restructuring, promotion competition, annual salary system and so forth. Occupational stress threatens the heath and even the life of workers and lowers business competitiveness. Using the Korean occupational stress reduction model to the workers at small and medium businesses in Incheon area, therefore, the project intends to measure the level of stress among office workers and examine its relatedness to the VTD subjective symptoms. In addition, the project intends to present some methods to reduce occupational stress and increase business efficiency at work by studying and analyzing the various elements that workers use to reduce their occupational stress.

Project Performance Creation Mechanism through Online Collaboration System : Focusing on Individual, Relational, and System Characteristics (온라인 협업 시스템을 통한 프로젝트 성과 창출 메커니즘 연구 : 개인특성, 관계특성, 시스템특성을 중심으로)

  • Park, Junyoung;Seo, Bong-Goon;Park, Do-Hyung
    • Journal of Information Technology Applications and Management
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    • v.25 no.1
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    • pp.47-66
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    • 2018
  • The development of IT is transforming from the way it has been working face-to-face in performing projects to the online collaboration method using web-based tools. Therefore, various online collaboration tools are being developed and commercialized, including 'Google Docs', which is called the online office. Using these online collaboration tools, users can share documents with other users and collaborate in real time. Therefore, in recent years, companies and educational institutions have been using online collaboration tools to carry out tasks and projects that require collaboration. Various factors can affect the project performance satisfaction through online collaboration tools. In this regard, it is necessary to confirm the factors affecting the satisfaction of the project performance. However, there is not enough empirical research on the satisfaction of the performance through the online collaboration tool. Therefore, this study will investigate the mechanism of project performance satisfaction through online collaboration tool considering the Individual characteristics of the project performing subject, the relationship characteristics between the project members, and the system characteristics of the collaboration tool.