Dea Efficiency Analysis For Retail Industries In Korea
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Dea Efficiency Analysis For Retail Industries In Korea
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Author : C.K Kim
language : en
Publisher:
Release Date : 2022
Dea Efficiency Analysis For Retail Industries In Korea written by C.K Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Korea's retail sector represents a large and growing portion of the overall economy ; in 2010 it accounted for 8.5 percent of the GDP, and an even larger percentage of the overall employment at 15 percent. Korea's retail industry, which had previously been dominated by small-scale businesses, began to diversify and include larger and more modern establishments such as multi-store retail chains, and experienced a substantial structural change since the opening of the distribution market in 1996. The 1997 financial crisis damaged the retail sector in general, along with all other economic sectors, and stifled growth of the industry. In the process, modernization of retail industry has advanced, which has served to increase the efficiency and productivity of retail industry and benefit consumers. But during that process, small and medium-sized retailers have declined. Nevertheless, retail industry shows positive growth thanks to chain retailers operated by large companies while independent retailers and traditional retail networks are giving way rapidly to large discount chain stores. In particular, large retailers have strengthened their power through grocery retailing.Grocery product purchases have increased as modern grocery retailers such as hypermarkets and supermarkets have enhanced their grocery offers by adding diverse categories of products. In addition, consumers have shown a tendency to purchase fewer non-grocery products at modern grocery retailers due to the expansion of mixed retailers as well as non-store-based channels such as internet retailing, home shopping and direct selling. Consumers are now more familiar with convenient shopping methods and delivery services such as internet or home shopping. So it is expected that non-store retailing will continue to grow while store-based retailing will show weaker performances as independent retailers are expected to decline.The relative productivity of Korea's retail industry was 0.42 in 1998 and has increased to 0.57 in 2010. However, it is still at a low level compared to other industries such as the manufacturing industry (1.81) and overall service industry (0.85). In order to strengthen the competitiveness of Korea's retail industry, retail firms need to be operated more efficiently in an organized manner as to increase productivity. Yet, small and medium-sized retailers function positively in terms of employment and vitalization of the local economy, making it hard to pursue large-firm centered unilateral organization centered in the retail industry. large firms-centered upsizing and organizing unilaterally in retail industry. The support of small and medium-sized retailers may conflict with productivity improvement in the retail industry. Nevertheless, both issues must be considered in establishing policy for strengthening competitiveness of the retail industry.This article explores the relative efficiency of Korea's retail firms using the Data Envelopment Analysis (DEA) method. Financial data was collected from 111 retailing companies from the years 2006 to 2010. Some policy suggestions for strengthening competitiveness of the retail industry are also provided.
Optimization Variational Analysis And Applications
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Author : Vivek Laha
language : en
Publisher: Springer Nature
Release Date : 2021-07-27
Optimization Variational Analysis And Applications written by Vivek Laha and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-27 with Mathematics categories.
This book includes selected papers presented at the Indo-French Seminar on Optimization, Variational Analysis and Applications (IFSOVAA-2020), held at the Department of Mathematics, Institute of Science, Banaras Hindu University, Varanasi, India, from 2–4 February 2020. The book discusses current optimization problems and their solutions by using the powerful tool of variational analysis. Topics covered in this volume include set optimization, multiobjective optimization, mathematical programs with complementary, equilibrium, vanishing and switching constraints, copositive optimization, interval-valued optimization, sequential quadratic programming, bound-constrained optimization, variational inequalities, and more. Several applications in different branches of applied mathematics, engineering, economics, finance, and medical sciences have been included. Each chapter not only provides a detailed survey of the topic but also builds systematic theories and suitable algorithms to deduce the most recent findings in literature. This volume appeals to graduate students as well as researchers and practitioners in pure and applied mathematics and related fields that make use of variational analysis in solving optimization problems.
The Management Of Consumer Co Operatives In Korea
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Author : Seungkwon Jang
language : en
Publisher: Routledge
Release Date : 2019-07-01
The Management Of Consumer Co Operatives In Korea written by Seungkwon Jang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-01 with Business & Economics categories.
This book explores and analyzes cooperative management and provides insight into how Korea’s consumer cooperatives have evolved and been managed. It focuses on Korea’s consumer cooperative management practices and examines their growth and performance. This book is an invaluable resource for those interested to learn more about the successes and failures of consumer cooperatives.
Recent Changes In The Korean Retail Sector
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Author : Sam Seob Lee
language : en
Publisher:
Release Date : 2006
Recent Changes In The Korean Retail Sector written by Sam Seob Lee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Analysis And Management Of Productivity And Efficiency In Production Systems For Goods And Services
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Author : Fabio Sartori Piran
language : en
Publisher: CRC Press
Release Date : 2020-01-08
Analysis And Management Of Productivity And Efficiency In Production Systems For Goods And Services written by Fabio Sartori Piran and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-08 with Technology & Engineering categories.
In companies that produce goods and services, productivity and efficiency improvements are a constant challenge. This book reviews the differences between productivity and efficiency. It proposes a new method and makes available a computational tool for implementation that contributes to facilitating the use of Data Envelopment Analysis (DEA). The book presents a discussion about productivity and efficiency, illustrating the potentials of use and conceptual differences. It covers the concepts and techniques for analysis of productivity and efficiency, analyzing critical benefits and limitations, explains in detail how to use DEA for analysis, provides innovative methods for using DEA, offers a free online computer tool with a direction guide, shows real empirical applications, and covers other techniques that can be used to complement the analysis performed. The book is for professionals, managers, consultants, students working and taking courses in productive systems of goods and services. Ancillary materials include a free online computer tool to operationalize the concepts and methods proposed in the book, a guide on how to use the method and the software developed for the DEA application. Solutions manual, instructor’s manual, PowerPoint slides, and figure slides also will be available upon qualified adoption.
Economic Fundamentals Of Power Plant Performance
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Author : Almas Heshmati
language : en
Publisher: Routledge
Release Date : 2013-06-17
Economic Fundamentals Of Power Plant Performance written by Almas Heshmati and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-17 with Business & Economics categories.
Stability of the electricity industry is crucial for economic growth of all nations. Sustainable economic growth cannot be accomplished without secured energy supply. The book underlines how management of the electricity industry should be conducted and the efficient form of electricity market structure. The book also studies the electricity industry in Korea which has been a strongly supportive and vital factor in the economic development of Korea for the last few decades. The book focuses on the three market players of the electricity market and they are the suppliers, consumers and the government-related organizations. It includes detailed information on generation and finances at the generator level and analyzes the efficiency differences among generators, plants and business units by using different performance measurement methods. It identifies and analyzes different production factors' effectiveness and relationships in generation. The comprehensive analysis helps to provide explanations in the differences in the performance of the studied units. The book also discusses the implications of the findings for future resource allocation and how we can further enhance the efficiency of the industry. The book will appeal to those interested in energy and energy policies, as well as researchers and practitioners in the economic development and electricity and utilities industry.
Advances In Business And Management Forecasting
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Author : Kenneth D. Lawrence
language : en
Publisher: Emerald Group Publishing
Release Date : 2013-03-28
Advances In Business And Management Forecasting written by Kenneth D. Lawrence and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-28 with Business & Economics categories.
Aims to present the studies in the application of forecasting methodologies to such areas as sales, marketing, finance, health care, and strategic decision making.
Handbook Of Research On Strategic Retailing Of Private Label Products In A Recovering Economy
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Author : Gómez-Suárez, Mónica
language : en
Publisher: IGI Global
Release Date : 2016-06-20
Handbook Of Research On Strategic Retailing Of Private Label Products In A Recovering Economy written by Gómez-Suárez, Mónica and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-20 with Business & Economics categories.
As the global market continues to recuperate from economic downfall, it is essential for private label products to find ways to compete with alternatives offered by wholesale and national retailers. In many cases, it becomes difficult for off-brand products to generate market appeal when consumers have preconceived notions about the quality of generic products and loyalty to branded products. The Handbook of Research on Strategic Retailing of Private Label Products in a Recovering Economy emphasizes advertising and promotional approaches being utilized, as well as consumer behavior and satisfaction in response to marketing strategies and the sensitive pricing techniques being implemented to endorse generic and store-brand products available on the market. Highlighting brand competition between wholesalers, retailers, and private brand names following a global economic crisis, this publication is an extensive resource for researchers, graduate-students, economists, and business professionals.
Handbook On Data Envelopment Analysis
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Author : William W. Cooper
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-08-23
Handbook On Data Envelopment Analysis written by William W. Cooper and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-23 with Business & Economics categories.
This handbook covers DEA topics that are extensively used and solidly based. The purpose of the handbook is to (1) describe and elucidate the state of the field and (2), where appropriate, extend the frontier of DEA research. It defines the state-of-the-art of DEA methodology and its uses. This handbook is intended to represent a milestone in the progression of DEA. Written by experts, who are generally major contributors to the topics to be covered, it includes a comprehensive review and discussion of basic DEA models, which, in the present issue extensions to the basic DEA methods, and a collection of DEA applications in the areas of banking, engineering, health care, and services. The handbook's chapters are organized into two categories: (i) basic DEA models, concepts, and their extensions, and (ii) DEA applications. First edition contributors have returned to update their work. The second edition includes updated versions of selected first edition chapters. New chapters have been added on: different approaches with no need for a priori choices of weights (called “multipliers) that reflect meaningful trade-offs, construction of static and dynamic DEA technologies, slacks-based model and its extensions, DEA models for DMUs that have internal structures network DEA that can be used for measuring supply chain operations, Selection of DEA applications in the service sector with a focus on building a conceptual framework, research design and interpreting results.
Applications Of Management Science
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Author : Kenneth D. Lawrence
language : en
Publisher: Emerald Group Publishing
Release Date : 2022-08-08
Applications Of Management Science written by Kenneth D. Lawrence and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-08 with Business & Economics categories.
Applications of Management Science is core for those academics, researchers, and practitioners of management science in mitigating significant managerial decision-making problems, for both the public and the private sectors.
