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Inventory is very important in Logistics, but there exists trade-off between inventory level and customer in the service level. It is difficult to coordinate both the reduction in the inventory level and the enhancement in the service level. Its effective technique is a DRP system. In general, it deals with arborescent distribution network in which a given channel member has a single source of supply. This article aims to present a DRP system, and more a DRP system which is flexible and responsive in the multisourcing, multi-echelon distribution network. Related research issues(a problem on making rate of a multi-sourcing)are discussed. Finally, using a multi-sourcing DRP system on logistics, we can decrease the inventory level and increase the service level on logistics and the management performance.

The human beings acquires property or service in order to carry out his social life and manages this and guarantees this institutionally is the recognition of private ownership system, and the transfer of property of economic value between economic subject without any price cost relation with the eternal guarantee of this system is the inheritance system. The inheritance tax has its major object to realize rather than the object of financial demand but to repress the concentration of wealth and to redistribute the income and property. However, the inheritance tax imposed to transfer of wealth without charge to the inheritance has mich difference in burden of taxation to the tax payers depending on taxation based on what kind of basis. Since the distributing problem of income has become influential as the import policy issue no the facet of social justice in modern country today, it seems that the inheritance tax system of taxation methods of the inheritance tax has persuasive power, but taking standpoint of what kind of method is the issue of the most important legislation policy decision. The inheritance taxation law in our country shall be taxed by income earner, but since it is the administrative opportunism taxation system to tax collectively, the burden amount of the inheritance tax in the same amount whether the successor is one or several persons, so the taxation method of taxation model for the legacy which gas the weakness that it concentrates the wealth or accelerate preponderance of the wealth shall be improved. Also, in case of our country, the taxation type for legacy is applied, but when the actual record of taxation for the inheritance tax of major foreign countries such as Japan which is taking legacy acquiring taxation type is analyzed, the actual standing of tax income is very little. Therefore, the taxation system to the whole inherited property is against the objectives and consistency of the whole taxation system on the taxation law such as income tax in our country of taxation system by individual, and the legacy income taxation system is rational in the theoretical aspect or policy aspect and can be said to accord with principle of burden in accordance with ability. Also, the burden in accordance with ability can be burdened to the property obtainer, and the chance of dispersion of inherited property rationally is prepared naturally to the successor who is the obtainer of the inherited property, so the promoting function of distribution of wealth is displayed and at the same time, the effect of relative decrease of burden of inheritance tax can be obtained.

This paper has devoted attention to studying about the tax accounting treatment of the interest expense in the corporation tax law. In particular it is argued that the main purpose of this study is to investigate analytically the decision of the loss restriction in the joint function of (1)the interest related to loan for construction (2) the interest related to maintain the asset (3)the interest related to take the bond of the other corporation (4)the interest related to have a creditor indistinctness. The regulations of the loss restriction about the interest expense is useless asset possession and real estate control. The contents of this study is the economic effect of the tax law provisions regarding taxpayers` accounting requirements. Emphasis is placed on the impact of the parameters of self - reporting taxpayers and the revenue collected by the tax accounting treatment. These results demonstrate, among others, that there is mutual relation between tax revenue and tax expense. Another important result concerns the economic effect of the corporation tax law in the tax accounting treatment of the interest expense.

This paper empirically examines information contents of sales by introducing a new portfolio approach. The research design of prior studies which test incremental information contents of sales over accounting earnings is considered to be unreasonable. Since investors are expected to use earnings, first of all, in their investment decision making, the information contents of sales should be tested under relationship with accounting earnings. The portfolio approach used in this paper is devised to test information contents of sales secondary to earnings information by dividing sample into 6 groups. The sample consists of 1,183 listed firms over the period of 1990 to 1992. Regression analyses are conducted to test information contents of sales. Dependent variable is standardized cumulative abnormal returns over the test window of day -1 to 0. Independent variables are unexpected earnings and group variable which is measured by allocating score to 6 groups to it`s order. The order of 6 groups is designed to reflect information contents of sales under relationship with accounting earnings. This independent variable is different from unexpected sales which prior researches used in testing the information content of sales separated from earnings. The results show that unexpected sales is insignificant but group variable used in this paper is significant at 1%~10%(modelⅢ) as expected. This implies that investors are using sales as secondary information to accounting earnings in their investment decision making. This results will be useful for investment decision making in stock market, and can be a benchmark for further studies.

The purposes of this paper are (1)to outline the effective customer response(ECR)concept, every day low price(EDLP)retailer, and (2)to propose the devices for establishing EDLP type in relation to the ECR concept. This paper presents three phased devices, they are as follows : 1. It is to reconstruct business relations among the organs concerned. The organs concerned do business not from an opposing but from a cooperative point of view. 2. It is necessary for the organs concerned to position the role among themselves. The organs concerned should pursue both specialization and maximization by means of positioning the role in business trade. 3. It is necessary for the organs concerned to establish the integrated distribution information system (IDIS). This paper highlights the establishment of IDISand divides IDIS into a three-subsystem. The first subsystem has to do with retailer. This system includes ordering information system(OIS), inventory information system (IIS), receipt imformation system(RIS) and point of sale system(POSS). The second subsystem relates to manufacturer. This system includes OIS, IIS, and transport information system (TTS). The third subsystem relates to social overhead capital. This system includes geographic information system(GIS), marine tramsport information system (MTIS), ground transport information system (GTIS), aerial transport information system (ATIS), and meteorology information system(MEIS). In summary, ECR concept is similar to EDLP concept in that both are centered upon customer need by fulfilling economic efficiency among supply chains. To realise ECR concept is to establish the EDLP type.

The purpose of the study ir to find ar firm`s factors which affect on the choice of financing decision. The explanatory variable for financing decision are size, manager`s eguity ratio, debtratio. The dependant bariables is used to dummy variable, which 1 for the issuance of seasoned equity offering and 0 for issurance bond. The method of test is logit and t-test. The model of the onalysis as follows ; Y= B0+B1 SIZE+B2 MAGE+B3 DEBT+e Y : 1 for issuance of seasoned equity offering. 0 for issuancee bond SIZE : total assets MAGE : manger`s equity ratio DEBT : debt/capital The result of this analysis are as follow, financing decision is affected by debt ratio. It appeared to significant to 1%, respetely. The other variables are not significont, This study in the same to preceding study.

The purpose of this study is to examine how personal values influence to the preference attitude about tourist`s destination. To attain this purpose, used several statistic techniques, and then could classify 3value groups, the other oriented value group, the ego oriented value group, the pleasure oriented value group. The other oriented value group holds sense of belonging, warm human relationships, security, the ego oriented value group holds being well-respected, self-fullfillment, self-respect, and the pleasure oriented value group holds excitement, pleasure life centerally. The research results showed that values influenced to the preference attitude of tourist`s destination. These results are identical to established value Theory, and implicates how the destination marketing programs should be operated, especially to promotion programs. The limitations of this study are to say that being lacked in value items to measure korean more exactly, low sample representativeness to generalize. And it will be needs tourism market segmentation research using value constructs in the future tourism behavior study.

During the 1980s, the interest in service quality has increased exponentially. Also, there now have been many conceptual articles written on service quality, and even a few empirical research results published. So, service quality has become a top priority and a significant competitive issue in many countries. Nowadays, service companies are being faced with three common tasks of improving quality of service, competitive differential advantage, and productivity due to quantitative expansion of service industries. Especially, service companies in Korea should prepare for starting of WTO which is a new world trade organization to cope with the new circumstances. The purpose of this study is to increase the understanding and exploring how service quality is perceived and measured by the customers. Service quality is viewed as the degree and direction of discrepancy between customer`s perceptions and expectations. A model of service quality by Parasuraman, Zeithaml, and Berry is presented and introduced in this paper. Especially, a multiple-item scale called SERVQUAL developed by Parasuraman, Zeithaml and Berry has been used as a method of measurement. Two research questions are set forth and answered by testing three hypothesis using data collected by questionnaires in cross-sectional field study of service companies in Korea. The data were collected by questionnaire research through mail or interview with customer who has experienced to service companies (Bank, Hospital, Fastfood-Chain, Hotel). The analysis was carried to 528 samples for customer and 64 samples for service provider group by using SAS statistical package. The reliability test by Cronbach`s Alpha was conducted to examine the conceptual consistency used in questionnaire and the validity test by content analysis was used to confirm whether the concepts are appropriate to measure or not. Also, statistical methods such as factor analysis, T-test, simple regression analysis, multiple regression analysis and Pearson correlation analysis were used to test the hypothesis. The principal findings of the research and its significance are summarized as follows : First, the relationship between customer`s assessment of a service`s overall quality and the discrepancies between customer`s expectation service quality and perception service quality was found to be the opposite with the existence of a significant.. Second, it was found that there is a significant difference in the relative importance of service quality dimensions by types of service systems that was classified on customer contact and labor intensity suggested by Richard Chase and Dan Thomas. In conclusion, the implications of these findings and contributions made by this research is to confirm the usefulness of using service quality dimensions and expectation/perception gap analysis in management of service quality and identify the necessity of considering the different service system types as the variables of strategy for competitive advantage. In addition, the findings provide the basis for constructing of service operation management, service delivery systems and competitive advantage strategy by the analysis of the relationships among such variables as custmers` overall service quality, relative importance of quality dimensions.

As the globalism that pursues free trade and the regionalism that promotes regional interest are witnessed throughout the world, today`s international political order is undergoing rapid internationalization. Korea is responding to this international trend with more and more korean companies taking interest in Foreign Direct Investment(FDI) after the first foreign investment by a korean company was made in 1968 by korea Nambang Developmen Corporation to Indonesia. One of the major differences between a multi-national company and domestic-oriented company is that the multi-national company has the option of taking advantage of the unstability in international product & capital market. Since the information on FDI is something that only multinational companies can have, it can increase the values of multi-national companies` stock value. According to Doucas and Travlos, when American companies make inroad into economically-backward regions to acquire a company in the region, the major stockholders of the American companies can have significant abnormal returns before or after the announcement day. However, FDI of Korean companies can be regarded as their inevitable survival strategy in this period when they are faced with mature domestic market, fierce competition, limits in technology development capability and the reluctance of advanced countries to transfer their technology to Korea. The purpose of this study is to identify the effect that FDI announcement by domestic companies can have on their stockholders and to review the FDI strategies of Korean companies. The sample used in this study is based on the stock profit rates of fifty-two Korean companies that have made FDI in 1990-1993 period. Following are the results of the analysis : First, based on the comprehensive sample, it can be concluded that FDI announcement by Korean companies had negative effects on their stockholders. The average abnormal returns on the announcement day of -0.012%(Z=0.1911)were not statistically significant; while the cumulative abnormal returns of -2.4% from t=23 to t=1 was statistically significant at 10% level. Secondly, Korean companies that made FDI were divided into marginal companies and growing companies based on their sense of urgency for investing overseas. Based on the sample for each group of companies, analysis of the effects of announcement of FDI information on major stockholders was carried out. In the case of marginal company, abnormal return rate was significantly negative(-) for the major stockholder while the rate was close to neutral in the growing companies. Therefore, comprehensive sample and the FDI information of the marginal companies both showed that the effects on major stockholders were significantly negative statistically. It has also been identified that the FDI information of the growing companies did not have any more impact than normal returns on their major stockholders. Therefore, it can be concluded that FDI by Korean companies should be understood as a survival strategy to continue their existence in domestic & overseas markets in this tumultuous period and not necessarily as a strategy to pursue abnormal returns through internationalization

The objective of this study is to examine how organizational power in group and interacts with each other. I have examined a considerable volume of theoretical with the behavioral theory of the firm relating to the mechanism of the decision making which had been conceived by R.M. Cyert and J.G. March, leading applied social scientists. Their theory failed to take account of the phenomenon to organizational influence or power appropriately. I have observed how and why organizational power in the decision making interacts with each other, and how does it ensures the uniformity and rationality in organizations. As far as concerned with the outcome of this research, it is my understanding that we should not ignore of the power effect in organizational decision making. The organizational research is not often willing to accept the product of political process in most part of the organizational decision making which have looked upon as a very rational decision. Comperhending, however, on the ground of more accurate viewpoint in making decision as the firm exisits is critically needed tasks in pursuit of rationality in decision making and in making a progress of organizational power research. In fact, the existence of political process, namely, the disagreement of opinion and conflict offer opportunity to contrive more productive and good quality alternatives. Consequently, the theory of organizational behavior should accept the operation of power closely based on facing problems, with this we have to make an effort to improve the theory in the future.