• Title/Summary/Keyword: market status

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The current status, functionalities, and developmental strategies of the vinegar industry (식초산업의 현황과 기능성 그리고 발전 전략)

  • Won, Yeong-Seon;Min, Hye-Ji;Seo, Kwon-Il
    • Food Science and Industry
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    • v.53 no.2
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    • pp.215-224
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    • 2020
  • The vinegar can be used not only as functional foods but as the new high-quality materials. Lifestyles have changed a lot because of single-person households, women's economic activities, the aging society, the diversification of mass media, and the traveling abroad. Lifestyle diseases have increased with the life extension. The preference for the fermented vinegar, which is safer and healthier than the synthetic vinegar, has increased since the 1990s. The market of the functional fermented vinegars rapidly grew as researches and product developments on biological activities. In particular, the fermented vinegar, which can be enhanced in functionality depending on the characteristic of materials, is useful not only in the food industry but in various industries such as medical, defense, and construction. For the steady growth of the vinegar industry in the future, it is necessary to research and develop the function of the vinegar that can be utilized in various industries.

Status and prospect for development of insect foods (곤충식품 개발 현황 및 전망)

  • Yun, Eun-Young;Hwang, Jae-Sam
    • Food Science and Industry
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    • v.49 no.4
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    • pp.31-39
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    • 2016
  • The reasons for selecting insects as future food are high growth and feed conversion rates, reproduce quickly, low environmental footprint, valuable source of nutrients, and source of a various undeveloped functional materials. Since 2014, Tenebrio molitor larva, Protaetia brevitarsis larva, Allomyrina dichotoma larva, and Gryllus bimaculatus were registered as new food in Korea because it has been scientifically proven that they are not harmful to eat and nutritious. Therefore they can be legally produced and sold as food. Accordingly, there are 7 species of edible insects including grasshopper, silkworm pupa, and Baekgangjam in Korea. To improve aversion to edible insects, using their powder, chop, and gravy hidden their morphology, we developed more than 100 different kinds of recipes for general food menu, held several times tasting events to be familiar with edible insect food, and published cookbooks. Moreover, we developed more than 50 kinds of recipes for patients. To eat the insect food more and more people, we have been analyzed various function of insects. If health food based on the results of functional analysis is developed, edible insect's value will be raised. If various insect foods are developed and consumed by people, edible insect market will grow up more than 100 billion won in 2020.

The Influence of External Mobile Branding Consumption Activities on Employee Brand Commitment and Consumer

  • LEE, Jae-Min;KIM, Kapseon
    • The Journal of Economics, Marketing and Management
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    • v.9 no.1
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    • pp.41-50
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    • 2021
  • Purpose: In general, when a company wants to build a brand, its brand managers research the market and industry trends and then make decisions regarding the brand architecture and brand positioning development. This study was conducted not only in the service industry but also in manufacturing, finance, public institutions, and a variety of other business institutions. This led to a statistically significant difference between the status of external mobile branding for each business sector, and brand commitment and performance. Research Design, Data and Methodology: External mobile brand communication activities influence on employees' brand commitment. External mobile brand communication has a greater impact on employee brand commitment than any other factors. Result: Among the three external mobile branding activity variables, the external mobile brand communication variables have the greatest impact on employee brand performance. This supports the arguments proposed by that external mobile brand communication has a greater impact on employee brand commitment than any other factors. Conclusion: As a result, public institutions, such as ordinary businesses, need to recognize that external branding activities that enhance employee brand performance should be a key management activity. In contrast, financial institutions have the highest leadership activities and employee brand commitment.

Smart Study's Strategy in the Kids Content Industry: VRIO Framework

  • LEE, Jun-Ho;KIM, Taejoong;PARK, Hyunjun
    • The Journal of Economics, Marketing and Management
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    • v.8 no.3
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    • pp.1-8
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    • 2020
  • Purpose: Korea has a long history of kid's content industries. Also, Korea's kid's content market has been thriving for a long time, but recently, a company called Smart Study has sharply raised Korea's status because of its competitive advantage and capability in the kid's content industry. Research design, data and methodology: This research has explored and examined how Smart Study was successful in kid's content industries. Also, the research examined the present and potential competitors in the kid's content industry. Results: We investigated and explored how they were different from other Korean kid industries through value, rare, inimitability, and organization (VRIO) framework. Conclusions: One of the primary reasons for their success is because Smart Study has strengths in marketing that brand character and making consumers loyal to the company. Lastly, this paper attempted to explain how they have promoted their company and investigated how other companies promote themselves in the kid's content industry. This paper has limitations. We could not explain all the fields of kid content. The kids' content has developed tremendously, but there are many hidden parts. It has been successful in Korea and is still growing and proliferating. Also, there is a slight lack of scarcity in distribution methods.

The Impact of Housing Price on the Performance of Listed Steel Companies Evidence in China

  • Huang, Shuai;Shin, Seung-Woo;Wang, Run-Dong
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.27-43
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    • 2020
  • Purpose - This study explores the impact of the real estate industry on related industries for the perspective of Chinese steel companies. Design/methodology/approach - The impact of housing prices on the 41 listed steel companies' performance was analyzed by using the panel data model. We used two kinds of housing price indexes that are set in the panel data models to estimate the range of the real estate market, driving the performance growth of steel listed companies. Moreover, the net profit of steel companies is used as the dependent variable. To test the stability of the model, ROA used as a dependent variable for the robustness test. Also, to avoid the time trend of housing prices, this paper selects the growth rate of housing prices as the primary research variable. After Fisher-type testings, there is no unit root problem in both independent and dependent variables. Findings - The results indicated that the rise in the housing price has a positive influence on the steel company performance. When the housing price increases by 1%, the net profit of steel enterprises will increase by 5 to 20 million yuan. Research implications or Originality - In this paper, empirical data at the micro-level and panel model are used to quantify China's real estate industry's driving effect on the iron and steel industry, providing evidence from the microdata level. It helps us to understand further the status and role of China's real estate industry in the economic structure.

Development of Wireless Earphone Playback Time Measurement Method and Report Form (무선이어폰 재생 시간 측정 방법 및 보고 양식 개발)

  • Han, Mun-Hwan;Jeong, In-Ho
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.2_2
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    • pp.299-307
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    • 2022
  • Wireless earphones, along with smart devices, are the most sought-after products by consumers. Compared to general earphones, wireless earphones do not have twisted wires and are easy to use, so various types of products are currently on the market. However, information on quality is somewhat lacking, so consumers tend to purchase products according to brand awareness, and manufacturers are delivering information to consumers using different standards for each product because there is no standard for quality control. In particular, the playback time of wireless earphones is a factor that directly affects consumers' purchases, so a standard measurement method is needed to properly measure it. In this paper, we present a method for measuring the audio playback time of wireless earphones derived from domestic wireless earphone status survey, commercial product measurement test, and research analysis, and a developed standard measurement method. In addition, this paper proposes a measurement result reporting format to provide accurate information to consumers and induce a fair competitive environment for each product to manufacturers.

An Analysis of the Impact of Japan's Contaminated Water Release from Nuclear Power Plant on Korean Consumption of Seafood - Focused on Survey Results (일본의 원전 오염수 방류가 국내 수산물 소비에 미치는 영향 분석 : 설문조사 결과를 중심으로)

  • Yun, Yu-Jin;Kim, Eun-Kyeong
    • The Journal of Fisheries Business Administration
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    • v.53 no.2
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    • pp.58-72
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    • 2022
  • Fishery products play an important role in Korean food culture, and awareness of the safety of fishery products is increasing in the seafood market. Against this backdrop, Japan has announced a plan to release radioactive water to the sea from 2023. In the case of Korea, it is adjacent to the area to be discharged, so there are concerns about securing the safety of marine products. Therefore, it is necessary to analyze the change in perception and impact of marine product consumers due to the discharge of contaminated water and to study appropriate countermeasures when discharging contaminated water from nuclear power plants. In this study, the current status of radioactive contaminated water discharge in Japan was summarized, and a survey was conducted on the change in the consumption perception of marine products according to the discharge of contaminated water to analyze the factors affecting the consumption change of domestic consumers. According to the survey, 85.3% of the respondents said that it will affect the purchase of domestic marine products if Japan starts discharging contaminated water from nuclear power plants. Moreover, 85.5% of the respondents said it will affect the purchase of imported marine products.

A Study on Evaluation of Online Trading System in MRO Supply Business

  • JEONG, Dongbin
    • The Journal of Economics, Marketing and Management
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    • v.10 no.2
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    • pp.1-13
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    • 2022
  • Purpose: The findings are expected to be used as basic data for policy establishment for systematic support and upbringing of small and medium-sized suppliers through the current status and characteristics of the industrial structure of the MRO consumable materials industry as a whole and the market trend. Research design, data, and methodology: This survey is conducted in 2019 mainly for companies that operate consumable materials delivery business, and the survey size is about 25,000 in advance (selected) and about 2,000 in the main survey. Using cluster analysis and multidimensional scaling, we derive the visualization of the homogeneous grouping of cases and the relationship structure between them. Results: Based on the attributes of reason for not having an online trading system, it is classified into three and four clusters for industry and company size, respectively, and the feature and pattern of each individual can be are relatively evaluated and visualized. Conclusions: Small and medium-sized consumable material suppliers specialize in products rather than fierce pricing strategies or external expansion strategies and it is more effective to establish a plan to promote the growth of both large and small enterprises through cooperation with large corporations.

A case report of secondary infection by Vibrio splendidus associated with gas bubble disease in syngnathid fishes (Syngnathus schlegeli and Hippocampus haema)

  • Kang, Gyoungsik;Choi, Kwang-Min;Joo, Min-Soo;Woo, Won-Sik;Park, Chan-Il
    • Fisheries and Aquatic Sciences
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    • v.25 no.1
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    • pp.40-48
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    • 2022
  • Seahorses, which have been cultivated since the 2000s, are economically very important. Gas bubble disease (GBD) is a significant concern in the cultivation of seahorses; therefore, this study aimed to determine the cause of GBD-induced death in two species of Syngnathidae (Syngnathus schlegeli and Hippocampus haema). Rod-shaped bacteria were observed histopathologically and identified as Vibrio splendidus by conventional and real-time PCR analyses. The lethality of V. splendidus varies depending on the host's immune status, and the disease can be prevented through water quality management or improvement of the breeding environment. In this study, the GBD lesions (gas bubbles) were observed at 12℃, 8.0 mg/L of dissolved oxygen, 30 ppt of salinity, and pH 7.7. In addition, rod-shaped bacteria, infiltration of inflammatory cells, and extensive serous exudate were confirmed in the lesions where gas bubbles were found. PCR analysis was able to detect V. splendidus, possibly a secondary infection of the immunocompromised syngnathid fish. Understanding the risk of immunity control and the correlation between these lesions and causal agents will be of great help to the aquaculture industry and the ornamental fish market.

An Empirical Study on the Status and Performance of FTA Utilization in Shandong Province, China (중국 산동성의 FTA 활용현황과 성과에 관한 실증연구)

  • Zhao, Xing-Wen;Kim, Tae-In
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.475-491
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    • 2022
  • Purpose - This study analyzed the correlation and effect of FTA environmental factors (company internal environmental factors, corporate external environmental factors) between FTA utilization and performance of Shandong companies in China. Design/methodology/approach - To test the hypothesis, SPSS 24.0 statistical packages were used based on the collected data. Findings - First, it was confirmed that internal environmental factors (international marketing orientation, corporate competitiveness, and corporate awareness of FTA) of companies had a positive(+) effect on FTA utilization. Second, The government's support for FTA utilization will have a significant positive (+) effect on companies' FTA utilization.Non-tariff barriers will have a negative (-) effect on companies' use of FTA. Third, A company's FTA utilization will have a significant positive effect on FTA performance. Research implications or Originality - If Shandong companies want to increase the utilization of FTAs, they should strengthen international marketing, such as collecting information on competitors and improving product quality and price competitiveness, and increase corporate competitiveness through active export activities to the global market.In order to increase the awareness of FTA among enterprises in Shandong Province, the government should strengthen the relevant education of enterprises about FTA.