• Title/Summary/Keyword: strategic risk

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The Changes of Consumption Behavior in Bengkulu, Indonesia: Case of Purchasing Corona Prevention Products Through Indirect Ditribution Channel

  • Hayu, Rina Suthia;Sulistiyawan, Edy;Salim, Muhartini
    • Journal of Distribution Science
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    • v.19 no.11
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    • pp.27-36
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    • 2021
  • Purpose: COVID-19, government regulation and social media have changed many aspects of life including consumption behavior. The influence of social media by spreading massive news about COVID-19 also have the impact toward emotions threat, perceived risk, and perceived value of consumption behavior in Bengkulu Province, Indonesia. This research aims to analyze the extent to which changes in the consumption behavior, mainly for purchasing of corona prevention products through indirect distribution channels. Research design, data and methodology: This research was descriptive quantitative using the IPA method with sample of people in Bengkulu Province. This study obtained 208 respondent data from questionnaires and tested the validity and reliability with corrected-item total correlation method. Results: The study found that COVID-19 pandemic and government regulation variable were in quadrant II, in quadrant III there were social media variable, emotions threat and perceived risk. Meanwhile, in quadrant IV there were perceived value variable. Conclusions: The findings indicated that COVID-19 and government regulation are the most variable that influence people to buy corona prevention product, meanwhile perceived value is the less influence variable. Therefore, government and marketers have to prepare strategic plan in order to raise people awareness to avoid corona by buying corona prevention product.

The Effects on the R&D Project Performance according to the Characteristics of Project Management Organizations: The Difference between Public and Private Companies (연구사업관리 주관기관에 따른 기술혁신 R&D 프로젝트 성과 영향분석: 공공과 민간 기업의 차이 비교)

  • Yong-Kyu Lee;So-Hyun Park;Hee Kyung Kim;Taewon Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.2
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    • pp.116-132
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    • 2023
  • Technology innovation companies are focusing on contributing to business performance by R&D project as a strategic tool. Successful R&D leads to corporate competitiveness enhancement, national industrial development, but there are high uncertainty and risks in R&D. Public and private R&D projects are carried out to achieve various purposes. It was verified how the risk management and benefit management of the R&D project affect the detailed R&D project performance between the Public and private domain. The impact of Project Leadership on R&D performance was also analyzed. Those who have participated in the Public and Private R&D projects at companies or research institutes were surveyed. First, it was found that project risk and benefit management have partially an effect on R&D project performance. Second, Public and private R&D Project Leadership showed partially a interaction effect between project management and project performance.

Effect of Supply Chain Risk Management Factors on Risk Management Strategy and Corporate Performance (공급사슬관리 리스크 요인이 위험관리전략과 기업성과에 미치는 영향)

  • Lee, Choong-Bae;Kim, Hyun-Chung
    • Journal of Korea Port Economic Association
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    • v.36 no.3
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    • pp.55-74
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    • 2020
  • With globalization and the development of information and communication technology, the supply chain is becoming more widespread and complex, which increases the occurrence and damage caused by supply chain risks. Supply chain risk management has a great impact on corporate performance through the analysis of risk factors and proactive and strategic approaches. This study aims to analyze the effects of supply chain risk factors on risk management strategies and corporate performance empirically. In the research model for empirical analysis, supply chain risk factors were classified into supply, demand, operation, network, and external environment, while the risk management strategies were divided into active and passive strategies, as well as financial and operational performance for corporate performance. The data obtained via the questionnaire were analyzed for the path of the structural equation model. As a result of the analysis, companies are actively pursuing risk management for internal risk factors, rather than external factors, in terms of internal and external risk factors, and it was found that these strategies have a significant effect on corporate performance. Therefore, in the future, companies should conduct risk management strategies more proactively and preemptively through a thorough analysis of various risk factors affecting business operations.

The Effects of Financial Pressure and Tit for tat Strategy on Decision Making in White-collar crime (재정적 압박과 전략정보 유무가 화이트칼라 범죄 의사결정에 미치는 영향)

  • Hong, Donggyu;Jo, Eunkyung
    • Korean Journal of Forensic Psychology
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    • v.12 no.2
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    • pp.199-221
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    • 2021
  • The purpose of this study is to examine some factors affecting the decision-making process of white-collar crime. In a between-subject experiment, 102 adult white-collar workers were randomly assigned to a financial pressure condition or tit for tat strategy condition. Participants went through a decision-making process in a modified iterated prisoner's dilemma for a white-collar crime scenario to earn points. The obtained score indicated the risk of committing a crime. The lower the score, the higher was the risk of participating in a crime. The results showed that participants who received only tit for tat strategy information without financial pressure instructions showed the lowest risk of participating in a crime, and those who received only financial pressure without the strategic information had the highest risk of participating in a crime. In addition, those who received the financial pressure instructions were more likely to participate in a crime than those who did not receive financial pressure instructions regardless of the provision of strategic information. The results of this study propose the need for measures to legally relieve financial pressure, the need for education on white-collar crimes for office workers, and the need for a decision-making structure within the enterprise that is not dogmatic but cooperative and mutually verifiable.

GIS-based strategic approach for the estimation of soil erosion (토사유실평가를 위한 GIS기반의 전략적 접근 방법)

  • Lee, Geun-Sang;Koh, Deuk-Koo;Je, Seong-Jin
    • Proceedings of the Korea Contents Association Conference
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    • 2006.11a
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    • pp.413-416
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    • 2006
  • This paper presents a strategic approach to effective soil conservation planning and management. To do this, the soil loss model, Revised Universal Soil Loss Equation (RUSLE) was used to quantify soil erosion in two basins (Andong and Imha basin), which are distinct in terms of sedimentation in the reservoir of each basin. Areas with high soil erosion potential were analyzed on the basis of land surface characteristics handled by geographic information system (GIS), especially dividing the basin into several sub-basins and then examination was emphasized near the river channel (water-pollutant buffering zone), along which human activities are large. Modeling results show the approach suggested herein provides a basis and guideline for choosing prior erosion risk areas to be examined for soil conservation planning and management. Also, this approach is relatively simple and has wide practical applicability.

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An Analysis on the Selection Process of Core Wireless Communications Technologies in Korean National IT R&D Program

  • Ilsue Roh;Lee, Byoung-Nam;Lee, Jungman
    • Proceedings of the IEEK Conference
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    • 2002.07b
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    • pp.1320-1323
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    • 2002
  • This paper reviews the Korean government’s selection process of core wireless communications technologies, and presents technology trends, perspectives and strategies of 5 core technologies to develop in wireless communications areas based on the mid term IT technology development plan(2002∼2004). Delphi Panel Method and Analytic Hierarchy Process(AHP) Analysis were adapted to select 30 core technologies in 9 strategic areas. Especially, 5 core wireless communications technologies out of 24 required technologies are selected: 4 G Core Technology, Broadband Wireless Access Network Technology, IMT-2000 Plus STP Technology, OBP Based Multimedia Satellite Communications Technology, Stratosphere Communications System Technology. Strategic national IT R&D program has been essential to continue success story of CDMA technology, and acquiring technology independency from advanced nations. In long term perspectives, a strategy of intensive investment with prudent selection onto core technologies should be deployed in the IT R&D programs. Also, the national IT R&D programs should be limited in the high risk & high returen areas where only government can afford the failures as well as better spill over effects are expected for the technology development and national economy. Korean industry has some strength in wireless communications technology area. Therefore, more policy concerns should be given into this area not only to secure present strength but also to explore better technology competitiveness.

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Priority Re-setting for Future Core & Strategic Technologies in Agricultural and Environmental Science (농업환경 분야의 미래유망기술 및 전략기술에 관한 우선순위 재설정)

  • Cho, Keun-Tae;Joo, Jin-Ho;Ok, Yong-Sik;Shin, Bong-Chul;Kim, Jee-Yong;Lee, Jong-In
    • Korean Journal of Environmental Agriculture
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    • v.27 no.4
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    • pp.395-405
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    • 2008
  • The objective of this study was to set priority for future core technologies in agricultural and environmental science using analytic hierarchy process(AHP). Forty-six technologies were derived by specialist meetings. Evaluation criteria, for setting the priority were decided as 'technology', 'marketability', and 'public'. Eighteen specialists in agricultural and environmental science answered to the questionnaire for AHP. As the results, 'technology' was decided as the most important evaluation criterion. The 'Feasibility' in 'technology' criterion, 'Market Growth' in 'marketability' criterion, and 'Impact to other industry' in 'public' criterion were decided as sub-criteria in each criterion. The most important technology was 'Risk assessment of toxic heavy metals and establishment of accreditation criteria for environmentally friendly agricultural products.

The Strategic Plan of the Nutrition Education Intervention for Improving Nutritional Status and Reducing Nutrition-Related Diseases (한국 성인의 영양개선과 영양관련 질병의 감소를 위한 영양교육 계획)

  • 박동연
    • Journal of the Korean Society of Food Science and Nutrition
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    • v.22 no.2
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    • pp.154-160
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    • 1993
  • The strategic plan of nutrition education intervention was established to improve nutritional status and reduce nutrition-related diseases for Korean adults. Nutritional problems and risk factors of the nutrition-related diseases were identified to set the long-term goal and objectives for the intervention. The social learning theory and theory of diffusion of innovation served as theoretical basis for this plan. Mass media and interpersonal channels were used to educate the whole adult population and specific target groups. The outline of the educational contents was developed for the whole adult population and slightly modified according to characteristics of the target groups. This plan can serve as a guideline for the operational plans for the future nutrition education intervention.

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The distribution channel, strategic factor and firm performance: Evidence from FDI enterprises

  • BUI, Lan Thi Hoang;NGUYEN, Dat Ngoc
    • Journal of Distribution Science
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    • v.19 no.10
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    • pp.35-41
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    • 2021
  • Purpose: Research on the development of distribution channels and the strategy will help businesses develop competitiveness in the market. At the same time, the excellent effect of distribution channels and the outstanding implementation of business strategies will help optimize firm performance. Therefore, this study helps to evaluate the influence of distribution channels, and strategy factors on the performance of FDI enterprises in Vietnam. Research design, data, and methodology: Research using quantitative method with PLS-SEM model based on 210 samples using Smart-PLS3. software. The survey subjects are corporate managers who understand the strategies, distribution channels, and performance in Vietnamese FDI enterprises. Results: The analysis results show that strategy factors have a positive effect on firm performance, and distribution channel also has a positive impact on firm performance. This result also indicates that distribution channels activity as an intermediary between strategy and firm performance. Conclusion: The study also gives some policy implications on strategy and distribution channels to improve firm performance. The strategic implementation of finance, human resources, risk, innovation, and diversification of distribution channels are implications for improving firm performance in FDI enterprises. In addition, the research has contributed to the relationship between the distribution channels and firm performance.

Academic Medicine Is Patient-Centered Medicine (Academic Medicine은 환자 중심 의료이다)

  • An, Shinki
    • Korean Medical Education Review
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    • v.21 no.2
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    • pp.80-91
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    • 2019
  • The tripartite mission of 'academic medicine' is education, research, and patient care. Academic medical centers (AMCs) are carrying out the mission and ultimately aiming to improve the health of people and communities. Globally, AMCs are facing a tremendous financial risk stemming from the changes in health insurance reimbursement plans and a shortage of human resources. Innovative AMCs in the United States are trying to transform their physician-centered, and siloed structure into a patient-centered, and integrated structure. They are also building integrated systems with primary healthcare groups to provide continuous patient care from primary to tertiary levels and making strategic networks based on value-based payment and the patient-centered model. These changes have been proven to improve outcomes of patient care and increase fiscal revenues, which are both crucial in supporting education and research. To address the shortage of human resources, programs are being built to develop newly appointed faculty for the future. AMCs have different approaches to bringing changes into their organizations; however, there is a common emphasis on 'a patient-centered approach,' which helps them set more explicit organizational values and make strategic decisions based on their values. Korean AMCs are facing similar challenges to AMCs in the United States in spite of many differences between the countries' healthcare systems. The innovative efforts of AMCs in the United States to address the challenges will be helpful, well-worked examples for Korean AMCs with similar challenges.