• Korea Trade Review
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• v.44 no.6
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• pp.87-103
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• 2019

L/C(Letter of Credit) is a common payment term designed to prevent credit risk in international trade. However, most companies prefer T/T (Telegraphic Transfer) payment due to its time and cost efficiency. According to related statistics, more than 70% of international trade contracts are based on T/T rather than other payment terms. The time required from the export negotiation to the completion of the export transaction and collection in international trade is very long. In this process, disputes related to settlement are continuous, so caution should be exercised. Therefore, whether or not the export payment is recovered in a timely manner is the core issue of trade transactions for exporters. The purpose of this study is to identify problems that cause delayed payments during settlement by the remittance (T/T) method, which can lead to settlement risk, in order to investigate those factors which can lead to delays in payments and increased risk as well as to determine ways to prevent such factors in advance. According to empirical findings, trading experience, transaction duration, and contract contents can be important determinants in terms of payment delays. Industry uniqueness and market uncertainty were found to be in opposition to the hypothesized relationships. The results of this study will be useful for trading companies to reduce their payment risk.

• Asia-Pacific Journal of Business
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• v.11 no.2
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• pp.145-158
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• 2020

Purpose - To understand the growing interests in the professional temporary workforce, this study aimed to examine the different types of professional temporary workers and their different effects on creative performance. Design/methodology/approach - By sub-classifying professional temporary workers as boundaryless workers and transitional workers, this study developed propositions to provide comprehensive framework for directing meaningful topics for future research on professional temporary workers. Findings - This study suggested that two types of professional temporary workers may differ significantly in terms of their work efforts for getting approval or acceptance from the team members and for achieving creative contributions in teams. Specifically, drawing on expectance theory, social identity theory and resource-based theory, this study discussed the relationship between acceptance(task-oriented vs. relational-oriented acceptance), employment duration(short-term status vs. long-term status), contract security(volition being temporary worker) and creative performance for boundaryless workers versus transitional workers. Research implications or Originality - This study have implications for increasing our understanding of professional temporary workers by showing that creative performance may vary by employment types.

• Proceedings of the Earthquake Engineering Society of Korea Conference
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• 2001.04a
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• pp.120-127
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• 2001

Long term earthquake observations at different tunnel sites within a variety of alluvial soil deposits have demonstrated that a circular tunnel is liable to deform in such a way that its two diagonal diameters crossing each other expand and contract alternately. Based on this knowledge, the soil-tunnel interaction and isolation effect for this particular vibration mode is investigated. Interaction effect is considered with the condition of fixed tangential strain between the tunnel and the soil. Isolation effect embodied by covering up the tunnel with isolation materials is discussed as a possible measure for mitigating seismic damage to it. When Poisson`s ratio of isolation material decreases or the shear modulus ratios of the soil to isolation material become large, the isolation effect becomes bigger.

• International Commerce and Information Review
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• v.9 no.1
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• pp.213-233
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• 2007

The third party logistics(3PL) is given a definition as logistics activities providing a comprehensive logistics services, all or partly outsourced by the customer on long-term contract basis, ranging from making logistics strategies to implement information technology services. The growth of the Third Party Logistics (TPL) business has been caused many firms to penetrate into the field from different industries. In this study, it is presented to describe a definition and development process of the third party logistics and shown to present strategic issues comparing to third party logistics in foreign and domestic area. and apply to some issues of importance when managing the continued TPL business strategy in domestic area.

• 한국IT서비스학회:학술대회논문집
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• 2008.11a
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• pp.88-91
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• 2008

국내에서 SLA를 도입한 지 수 년이 지났지만 SLA에 대한 의미 있는 성과를 제시하는 사례는 많지 않았다. L그룹도 SLA를 도입하였지만 SLA와 연계된 대가산정 모델의 적용에 있어 다양한 이슈가 있어 왔고, 이를 해결하고자 수 년 간 계약모델을 지속적으로 발전시켜 SLA기반 장기계약모델(SLA V3.0)을 개발하여 적용하게 되었다. L그룹의 사례는 SLA 도입을 고려하고 있거나 현재 도입 중에 있는 조직들이 겪고 있는 다양한 이슈들에 대해 의미 있는 시사점을 제시한다.

• Journal of the Korean Home Economics Association
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• v.41 no.12
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• pp.187-205
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• 2003

This study is to design aged institutional household on a small scale, also the purpose of this study is to provide basic material for management of small scale institutional household and policy establishment that could help the aged well-being. Design of research is accomplished after the review of related literatures. The propositions of design are 3s follows; region：seoul suburbs(2 hours' distance) building：fourth stories(The building-to-land ratio 25％, capacious ratio 100％, in environmental affinity.) object：75 years and over aged 15 women cost：deposit and living month expenses contract between the manager and the desired occupant or concerned family term of validity：As long as occupant want.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.33 no.2
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• pp.176-185
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• 2010

구매 계약과 구매에 직접적인 영향을 미치는 상품 가격에 반응하는 소비자의 행동은 꾸준한 주목을 받아왔다. 기존의 많은 연구에서 소비자는 상품을 사거나 계약을 할 때 과거 있었던 가격 또는 변할 수 있는 미래 가격을 고려하지 않고 현재 주어진 가격에만 반응을 보인다는 가정을 하였다. 또 다른 연구에서는 소비자는 미래 있을 가격이 어떠한 확률 분포를 따르는 지를 정확히 알고 반응을 보인다고 조금은 과장된 가정을 하였다. 하지만 최근의 연구에서는 소비자가 상품 판매자의 가격 결정 정책을 고려하면서 상품 구매 또는 구매 계약을 한다는 즉 가격에 민감한 반응을 보인다는 가정을 하게 되었다. 이 연구에서는 소비자가 상품 구매나 구매 계약 시 필요한 정보들 중 가장 중요한 상품의 가격을 어떻게 얻어서 이용하는지 분석해 보고자 한다. 즉 상품의 미래 가격 변화를 소비자가 어떻게 추정하여 구매 계약과 구매 시 이용 하는지를 분석하고자 한다. 이 연구에서는 소비자가 상품 구매 계약 시 가격을 추정하는 방법으로 과거의 경험에서 얻어진 가격들을 이용한다는 가정하의 수학적 모형을 세워 소비자의 가격 추정이 실제 상품 구매와 계약에 미치는 영향 그리고 판매자의 가격 결정에 미치는 영향을 분석해 보았다.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.510-515
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• 2011

Urban renewal projects, in the form of mega-projects, are being actively implemented both nationally and internationally to revitalize inactive cities. These programs, however, are difficult to manage efficiently due to their need for a large budget over a long period of time and due to conflicts with stockholders. Moreover, existing cost and duration management systems are structured with emphasis on the design and construction stage of unit projects, thus limiting their application to long-term mega-projects that are integrated with various facilities. To solve these problems, this study developed a web-based system that can collectively manage the cost and duration of mega-projects at a program level. The unit modules included in the system--CBS organization, construction cost and duration prediction, and total cost and duration prediction--can support decision-making at the early stage of the program. Furthermore, the modules, which include contract management, execution management, change management, and program progress management, support the program operations for its successful accomplishment. The web-based cost and duration management system developed in this study is expected to be used as a valuable tool that supports the successful accomplishment of mega-projects through their efficient management throughout their life cycle.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.37
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• pp.187-216
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• 2008

Risk regarding the possibility of loss can be especially problematic. If a loss is certain to occur, it may be planned for in advance and treated as a definite, known expense. It is when there is uncertainty about the occurrence of a loss that risk becomes an important problem. The word risk is often used in connection with insurance. No one generally accepted definition of risk exists, however. Of the many definitions, two distinctive ones are commonly used. One defines risk as the variation in possible outcomes of an event based on chance. That is, the greater the number of different outcomes that may occur, the greater the risk. Another way of expressing this concept is to state: The greater the variation around an average expected loss, the greater the risk. The second definition of risk is the uncertainty concerning a possible loss. The definition of risk as a useful one because it focuses attention on the degree of risk in given situations. The degree of risk is a measure of the accuracy with which the outcome of an event based on chance can be predicted. For now, it will serve our purpose to note the more accurate the prediction of the outcome of an event based on chance, the lower the degree of risk. After sources of risks are identified and measured, a decision can be made as to how the risk should be handled. A pure risk that is not identified does not disappear, the business merely loses the opportunity to consciously decide on the best technique for dealing with that risk. The process used to systematically manage risk exposures is known as risk management. Some persons use the term risk management only in connection with businesses, and often the term refers only to the management of pure risks. In this sense, the traditional risk management goal has been to minimize the cost of pure risk to the company. But as firms broaden the ways that they view and manage many different types of risk, the need for new terminology has become apparent. The terms integrated risk management and enterprise risk management reflect the intent to manage all forms of risk, regardless of type. International trade transaction is called between countries has features of globalism, cultural gap, long distance and long terms for the transaction. It is riskier than domestic transaction has its specific risks, such as foreign exchange risk and political risk, and requires various active risk management skills. Risks in relation to the international trade transaction are the contract risk, transit risk and payment risk, etc. The risk management in relation to the international trade transaction is to identify and measure these risks. The purpose of this study is to analyse the practical problems and its solution plan by analyzing various cases related to the risk management of bill of lading in the international trade transaction.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.23-30
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• 2001

The Financial Cost in construction industry today is tend to increasing the burden of business management on account of lowered profit due to the mege-competition and decreasing investment of construction, multi-interfacing. system in it's attribute and various unreasonable governeing enactments. It is becoming the most important aspects for the management of construction business on how to preserve the profit from the various risks. The ultimate aims of this study is to pursue the contractual equity between the parties by establishing the fundamentals of framework for the compensation of Financial Charges through the review of the precedent studies and analysis of inquiries. As a result of the study, improvable measures for any practical inequality and/or institutional defects of current public contract system in recovering the Financial Cost incurred to Contractor are delivered as below; (1) $\lceil$Working Rules for Construction Industry Accounting Standards$\rfloor$ shall be amended and supplemented so as the incurred interest to be recognized as an operative cost by live return over the collection period. (2) The long-term phase contract system of which is enforcing contractor to bear the certain losses shall be diminished and/or abolished gradually. (3) The unreasonable legislations on compensation for financial cost in contract conditions shall be improved in response to practical circumstances. (4) The use of Critical-Path Method for Time Management shall be activated together with EVMS. (5) Independent application of Contract Enactments for construction industry shall be adopted.