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Outsourcing and nearshoring strategies in manufacturing companies: searching and selecting strategic partners in central, eastern and southeastern Europe
Get PDFV magistrskem delu je obravnavana problematika iskanja in izbire strateških partnerjev za outsourcing in nearshoring v proizvodnih podjetjih, s posebnim poudarkom na regiji Srednje, Vzhodne in Jugovzhodne Evrope (CEE/SEE). Osrednji cilj naloge je razvoj strukturiranega in analitičnega modela, s katerim je proizvodnim podjetjem omogočeno premišljeno odločanje o prenosu proizvodnih aktivnosti v omenjene regije. V teoretičnem delu so predstavljeni ključni pojmi in modeli, prav tako pa tudi aktualni trendi v globalnih dobavnih verigah, ki vplivajo na odločitve podjetij o selitvi proizvodnje. V nadaljevanju so analizirani makroekonomski in mikrooperativni dejavniki, ki vplivajo na atraktivnost posameznih držav v regiji. Empirični del raziskave temelji na poglobljenih intervjujih z direktorjema proizvodnih podjetij, v katerih so bile podane praktične izkušnje z izvajanjem nearshoring strategij v regiji CEE/SEE. Z analizo intervjujev je bilo ugotovljeno, da med glavne motive za selitev proizvodnje v te države sodijo nižji stroški dela, logistična bližina ključnim trgom ter povečana operativna fleksibilnost. Poudarjen je tudi pomen celovite ocene tako makro kot mikrolokacijskih dejavnikov ter oblikovanja kompetentnih lokalnih ekip. Na podlagi ugotovitev je bil oblikovan model za iskanje in izbor strateških partnerjev, ki združuje faze analize potreb, ocene okolja in partnerjev, vključitve ESG dejavnikov ter strukturiranega odločitvenega procesa. Predlagani model omogoča podjetjem sistematično, celovito in prilagodljivo oceno priložnosti za outsourcing in nearshoring, s čimer je omogočeno zmanjšanje tveganj in povečanje dolgoročne konkurenčnosti.This master\u27s thesis addresses the issue of finding and selecting strategic partners for outsourcing and nearshoring in manufacturing companies, with a particular focus on Central, Eastern, and Southeastern Europe (CEE/SEE). The main objective of the thesis is to develop a structured and analytical model that enables manufacturing companies to make informed decisions about transferring production activities to these regions. The theoretical part presents key concepts and models, as well as current trends in global supply chains that influence companies\u27 decisions to relocate production. This is followed by an analysis of the macroeconomic and micro-operational factors that influence the attractiveness of individual countries in the region. The empirical part of the research is based on in-depth interviews with the directors of manufacturing companies, who shared their practical experiences with the implementation of nearshoring strategies in the CEE/SEE region. The analysis of the interviews revealed that the main motives for relocating production to these countries include lower labor costs, logistical proximity to key markets, and increased operational flexibility. The importance of a comprehensive assessment of both macro and micro-location factors and the formation of competent local teams is also emphasized. Based on the findings, a model for finding and selecting strategic partners was developed, combining the phases of needs analysis, environment and partner assessment, ESG factor integration, and a structured decision-making process. The proposed model enables companies to systematically, comprehensively, and flexibly assess opportunities for outsourcing and nearshoring, thereby reducing risks and increasing long-term competitiveness
Clothing Terminology in Sveta Trojica in Slovenske gorice
Get PDFMonografija prinaša izsledke raziskave narečnega oblačilnega izrazja pri Sveti Trojici v Slovenskih goricah. Na podlagi ugotovljenih glasoslovnih značilnosti – značilno ohranjanje kračine vseh issln. kratkih naglašenih samoglasnikov in izkazovanje definicijskih lastnosti panonske narečne ploskve vzhodne slovenščine – je utemeljena umestitev trojiškega govora v slovenskogoriško narečje panonske narečne skupine. Osrednji del monografije predstavlja prvi obsežnejši prispevek sploh k poznavanju narečne oblačilne terminologije pri Sveti Trojici. Opis podeželskega oblačilnega videza moških, žensk in otrok v drugi polovici 20. stoletja ter ob nekaterih posebnih priložnostih je nastal na podlagi ustnih pričevanj informatork, proučitve fotografij in lastnega, na izkušnjah temelječega vedenja. Tu predstavljeno in analizirano trojiško oblačilno izrazje je bilo pridobljeno z vodenimi intervjuji z govorci. Trojiški oblačilni termini so znotraj sedmih pomenskih sklopov predstavljeni ob izbranem slikovnem gradivu (304 slike) v obliki 736 abecedno urejenih slovarskih sestavkov. Obravnavani so glede na besedotvorne lastnosti in izvor, s čimer osvetljujemo pojave vnašanja tujih jezikovnih prvin v narečje, ter primerjano z iztočnicami v slovarskih delih, ki zajemajo knjižni jezik (Pleteršnikov slovar (1894–1895) in Slovar slovenskega knjižnega jezika2), s čimer osvetljujemo zgodovino pojavljanja posamezne besede v narečju in knjižnem jeziku, opredeljujemo njeno razširjenost ter opozarjamo na morebitne pomenske razlike.The monograph presents the results of research on the local dialectal clothing terminology in Sveta Trojica in Slovenske Gorice. Based on the phonological traits observed – especially the consistent preservation of vowel length in historically short stressed vowels, along with distinctive markers of the eastern Slovene Pannonian dialect area – we can confidently classify the Sveta Trojica dialect as part of the Slovenske Gorice dialect within the broader Pannonian group. The central part of the monograph represents the first extensive contribution to the understanding of dialectal clothing terminology in Sveta Trojica. It documents the traditional rural attire of men, women, and children during the second half of the 20th century, as well as garments worn on special occasions. The description draws on oral narratives from local female informants, photographic evidence, and experiential knowledge. The clothing terminology specific to Sveta Trojica, as presented and analyzed in this monograph, was obtained through structured interviews with the informants. These terms are categorized into seven semantic fields and supplemented with selected illustrative material (304 pictures). The final compilation includes 736 dictionary entries, arranged in alphabetical order. Lexems are analyzed in terms of its word-formation characteristics and origin. This approach sheds light on the phenomenon of foreign linguistic elements entering the dialect. The terms are also compared with entries found in lexicographic works that cover the standard language – specifically Pleteršnik’s Dictionary (1894–1895) and the Dictionary of Standard Slovene2 – in order to trace the historical presence of individual words in both dialect and standard language, determine their prevalence, and highlight potential semantic differences
Spoken Language between Research and Technology
Get PDFZbornik povzetkov s konference Govorjeni jezik med raziskovanjem in tehnologijo prinaša aktualne prispevke s presečišča govorjenih jezikovnih virov, jezikoslovja in govornih tehnologij. Predstavljeni so javno dostopni hrvaški otroški korpusi v CHILDES/TalkBank ter zbirka ParlaSpeech V3. Več prispevkov obravnava gradnjo in obdelavo govornih virov za slovenščino: od strategij občanske znanosti in odprtokodnih orodij (poravnava, anonimizacija, validacija, normalizacija) do fonetičnega zapisa v Digitalni slovarski bazi ter širjenja slovarskih virov z govorjenim besediščem. Raziskave segajo od (ne)tekočnosti in detekcije zapolnjenih premorov do razmerja med prozodičnimi in stavčnimi enotami ter izzivov narečne transkripcijenapovedan je tudi novi korpus zgodnje komunikacije EPIC-SI. Zbornik je odprtodostopen pod licenco CC BY-SA in je namenjen raziskovalcem jezikoslovja, korpusistike in govorne tehnologije ter širši strokovni skupnosti.The book of abstracts from the conference Spoken Language between Research and Technology brings timely contributions at the intersection of spoken language resources, linguistics, and speech technologies. It features publicly available Croatian child-language corpora in CHILDES/TalkBank and the ParlaSpeech V3 collection. Several papers address the creation and processing of Slovenian speech resources: from citizen-science strategies and open-source tools (alignment, anonymization, validation, normalization) to phonetic transcription in the Digital Dictionary Database of Slovene and the expansion of lexical resources with typically spoken vocabulary. The research spans (dis)fluency and filled-pause detection, the relationship between prosodic and syntactic units, and challenges of dialect transcriptiona new EPIC-SI early communication corpus is also announced. The volume is open access under the CC BY-SA license and is intended for researchers in linguistics, corpus studies, and speech technologies, as well as the broader professional community
Teaching of tangible and intangible cultural heritage in social studies class
Get PDFPouk kulturne dediščine od zgodnjega otroštva naprej ima številne pozitivne učinke, tako za posameznika kot tudi za širše družbeno okolje. S poukom kulturne dediščine razvijamo pri učencih identiteto, kritično mišljenje, narodno in jezikovno zavest, pozitiven odnos in čut za lastno dediščino ter vrednote lastne kulture. V sklopu magistrskega dela smo izvedli empirično raziskavo na populaciji učiteljev četrtih in petih razredov osnovnih šol v Sloveniji. Namen naše raziskave je bil ugotoviti stanje poučevanja vsebin snovne in nesnovne kulturne dediščine pri pouku družbe, kako kulturno dediščino razumejo učitelji in kakšna so njihova mnenja o učinkih teh vsebin za učence. Za pridobivanje podatkov smo uporabili anketni vprašalnik, na katerega je odgovorilo 175 učiteljev. Analiza rezultatov je razkrila, da učitelji razumejo kulturno dediščino, vendar je ne definirajo celostno, za poučevanje vsebin snovne in nesnovne kulturne dediščine izbirajo drugačne učne metode, vendar enake učne strategije, najpogosteje uporabljajo strategijo izkustvenega pouka, pogosteje obravnavajo vsebine nesnovne kulturne dediščine v primerjavi s snovno in pomembnost ciljev iz učnega načrta ocenjujejo zelo visoko. Večina učiteljev do sedaj pri pouku še ni uporabila spletnih predstavitev dediščine. Učitelji menijo, da učenci največ znanja o kulturni dediščini pridobijo v šoli pri predmetu družba in se čutijo usposobljene za poučevanje kulturne dediščine.Teaching cultural heritage from early childhood has numerous benefits for both individuals and the wider society. It supports the development of identity, critical thinking, national and linguistic awareness, a sense of belonging, and appreciation for one\u27s own culture and heritage. As part of a master\u27s thesis, an empirical study was conducted among Slovenian primary school teachers of fourth and fifth grades. The research aimed to explore the current state of teaching tangible and intangible cultural heritage in social studies lessons, how teachers understand the concept of cultural heritage, and their views on its impact on students. Data was collected through a questionnaire completed by 175 teachers. The findings showed that while teachers understand cultural heritage, their definitions are often incomplete. They use different teaching methods for tangible and intangible heritage but apply similar teaching strategies, with experiential learning being the most common. Intangible heritage is addressed more frequently than tangible. Teachers place high importance on curriculum goals. Most of them have not used digital heritage presentations in their teaching yet. They believe that students gain most knowledge about cultural heritage in school, particularly in social studies classes, and that they feel competent to teach this subject
The Relationship between Stress and Sleep Quality among Students: The Role of Physical Activity and Psychological Resilience
Get PDFKakovost spanja je povezana s številnimi posledicami na različnih področjih življenja. Predstavlja enega ključnih dejavnikov duševnega zdravja, še posebej v študentski populaciji, ki je izpostavljena visokim ravnem (akademskega) stresa. Namen pričujoče raziskave je bil preučiti povezave med stresom, kakovostjo spanja, telesno aktivnostjo in psihološko prožnostjo pri študentih. Zanimalo nas je, ali telesna aktivnost in psihološka prožnost delujeta kot moderatorja v odnosu med stresom in spanjem. Z analizo latentnih profilov smo želeli identificirati različne skupine študentov glede na raven telesne aktivnosti in psihološke prožnosti. V raziskavi je sodelovalo 320 študentov, starih med 18 in 24 let (M = 21,46SD = 1,69). Študenti so prihajali z različnih fakultet in študijskih programov. Kakovost spanja smo merili s Pittsburškim vprašalnikom kakovosti spanja PSQI, zaznani stres z Lestvico zaznanega stresa PSS-10, akademski stres z Lestvico zaznave akademskega stresa PAS, za merjenje psihološke prožnosti smo uporabili Lestvico prožnosti za otroke in mladino CYRM-12, za merjenje telesne aktivnosti pa Mednarodni vprašalnik o telesni aktivnosti – krajša različica IPAQ-SF in povprečno število korakov v enem tednu. Rezultati so pokazali negativno povezanost (akademskega) stresa in kakovosti spanja, telesna aktivnost in psihološka prožnost sta bili s kakovostjo spanja pozitivno povezani. Telesna aktivnost in psihološka prožnost sta moderirali odnos med stresom in kakovostjo spanja na način, da je bila negativna povezava med stresom in kakovostjo spanja šibkejša pri študentih z višjo ravnjo telesne aktivnosti ali psihološke prožnosti kot pri tistih z nižjo ravnjo telesne aktivnosti ali psihološke prožnosti. Na podlagi ravni telesne aktivnosti in psihološke prožnosti smo identificirali štiri latentne profile študentov. Identificirani profili so se razlikovali glede na spol, kakovost spanja in zaznani stres. Naši rezultati so večinoma skladni z obstoječo literaturo in predstavljajo razširitev razumevanja tega področja, dodatno pa osvetljujejo pomen njegovega raziskovanja. Programi, usmerjeni v krepitev psihološke prožnosti in v promocijo redne telesne aktivnosti, bi lahko predstavljali učinkovito strategijo za izboljšanje kakovosti spanja študentov. Intervencijske študije bi omogočile trdnejšo potrditev teh ugotovitev.Sleep quality is connected with numerous consequences in various areas of life. It represents one of the key factors relative to mental health, especially among the student population, which is exposed to high levels of (academic) stress. The purpose of this research was to study the connections between stress, sleep quality, physical activity and psychological resilience in students. We were interested in determining whether physical activity and psychological resilience facilitate the relationship between sleep and stress. Using latent profile analysis, we wanted to identify different student groups according to the level of physical activity and psychological resilience. The research included 320 students aged 18-24 years (M = 21.46SD = 1.69). The students came from different faculties and study programmes. Sleep quality was measured with the Pittsburgh Sleep Quality Index (PSQI), the perceived stress with the Perceived Stress Scale (PSS-10) and academic stress with the Perception of Academic Stress Scale (PAS), while for psychological resilience the Child and Youth Resilience Measure (CYRM-12) was used and for physical activity, we relied on the IPAQ-SF | International Physical Activity Questionnaire - Short form and the average number of steps made in one week. The results have shown a negative correlation between (academic) stress and sleep qualityon the other hand, there was a positive correlation between physical activity and psychological resilience and sleep quality. Physical activity and psychological resilience facilitated the relationship between stress and sleep quality in a way that the negative correlation between stress and sleep quality was weaker in students with a higher level of physical activity or psychological resilience than in students with a lower level of physical activity or psychological resilience. Based on the level of physical activity and psychological resilience, we identified four latent profiles in students. The identified profiles differed according to gender, sleep quality and perceived stress. Our results are mostly aligned with the existing literature and represent an expanded understanding of this area, while also highlighting the importance of the relevant research. Programmes, focused on strengthening psychological resilience and promotion of regular physical activity, could represent an effective strategy for improving sleep quality in students. Intervention studies could provide a firmer confirmation of these findings
Future primary teachers\u27 knowledge about writing prompts in chatbots
Get PDFUporaba umetne inteligence je v zadnjih nekaj letih sunkovito narasla. Integrira se v vsa področja našega življenja kot tudi v vzgojno-izobraževalno panogo. Pomembno področje je generativna UI, natančneje veliki jezikovni modeli, na podlagi katerih delujejo klepetalniki, kot je npr. ChatGPT. Predhodne raziskave kažejo, da je znanje študentov o pisanju pozivov v klepetalnikih šibko. Namen magistrskega dela je bil ugotoviti, kako izobraževanje o tehnikah in metodah pisanja pozivov vpliva na znanje bodočih učiteljev razrednega pouka. V raziskavi je sodelovalo 82 študentov razrednega pouka. Pozive smo zbrali pred in po izobraževanju in jih obdelali s kvalitativno vsebinsko analizo. Potrdili smo, da študenti ne obvladajo dovolj veščin za pisanje pozivov in da je ciljno izobraževanje potrebno in koristno. Rezultati kažejo, da so po izobraževanju študenti oblikovali bolj kakovostne pozive kot pred izobraževanjem. Krepko se je povečal delež osnovnih strategij, še vedno pa so imeli težave pri zahtevnejših strategijah, za katere predlagamo dodatna izobraževanja.The use of artificial intelligence has grown rapidly in recent years. It is being integrated into all areas of our lives, including education. An important area is generative AI, specifically large language models, on which chatbots such as ChatGPT are based. Previous research shows that students\u27 knowledge of writing prompts in chatbots is limited. The purpose of this master\u27s thesis was to determine how training in prompt engineering techniques and methods affects the knowledge of future primary teachers. The study included 82 students of primary education. We collected prompts before and after the training and analyzed them using qualitative content analysis. The findings confirmed that students lack sufficient skills for writing effective prompts and that targeted training is necessary and beneficial. The results show that after the training, students created higher quality prompts. The percentage of basic strategies increased significantly, but students continued to struggle with more complex strategies, for which we suggest additional training
The figure of a woman in Araki Nobuyoshi\u27s photographs
Get PDFDiplomska naloga obravnava podobo ženske v fotografijah japonskega umetnika Nobuyoshija Arakija. Osredotoča se na analizo njegovega vizualnega jezika, v katerem se prepletajo erotika, intimnost, smrt in družbene norme. Delo raziskuje, kako umetnik skozi odnos z modeli in kompozicijo fotografij izpoveduje svojo vizijo ženskosti ter kako so njegova dela umeščena v širši kulturni in družbeni kontekst. Posebej izpostavlja vlogo soglasja, cenzuro ter različne interpretacije Arakijeve umetnosti med kritiki in feministično teorijo.This thesis examines the image of women in the photographs of the Japanese artist Nobuyoshi Araki. It focuses on the analysis of his visual language, in which eroticism, intimacy, death and social norms are intertwined. The work explores how the artist, through his relationship with models and the composition of the photographs, expresses his vision of femininity and how his works are placed in a broader cultural and social context. It particularly highlights the role of consent, the influence of censorship and different interpretations of Araki\u27s art among critics and feminist theory
Statutory pre-emption rights and their impact on real estate legal transactions
Get PDFPredkupna pravica, ki je hkrati prostovoljna ali prisilna omejitev lastninske pravice, je pravica, ki daje njenemu imetniku pravno možnost od lastnika zahtevati, da ga obvesti o nameravani prodaji stvari ali druge premoženjske pravice, ki je predmet predkupne pravice, in da mu ponudi, da jo kupi pod enakimi pogoji. Lastnik lahko ustanovi to pravico s pravnim poslom, pri čemer nastane pogodbena predkupna pravica, ali pa mu jo podeli sam zakon – v takem primeru govorimo o zakoniti predkupni pravici. Načeloma sta si po vsebini enaki, še več, za zakonito predkupno pravico se celo, kadar zakon ne določa drugače, uporabljajo splošne določbe, ki določajo pogodbeno predkupno pravico. Vsekakor pa situacije, v katerih se pojavljajo zakonite predkupne pravice, niso tako enostavne, kot se zdijo v teoriji. Zakonite predkupne pravice določa vrsta splošnih in posebnih predpisov ter niso redki primeri, ko je ena nepremičnina podvržena več predkupnim pravicam po različnih zakonih in na različnih podlagah. V praksi se je izkazalo, da to povzroča težave, saj pravni red, v tovrstnih primerih, ne določa jasnih odgovorov.
V pričujočem magistrskem delu je poudarek na problematiki, ki jo povzročajo predkupne pravice v prostem prometu in v postopkih prisilnih prodaj ter pri oblikovanju povezanih nepremičnin. V zvezi z vplivom zakonitih predkupnih pravic na prosti promet je treba poudariti, da je reševanje tovrstnih situacij v veliki meri podvrženo teoriji in sodni praksi. Zakonodaja je v tem vidiku razpršena, nejasna in sama sebi nasprotujoča, iz česar sledi, da morata sodna praksa in teorija zapolniti nastale pravne praznine s pomočjo različnih razlagalnih metod, ki jih ponuja pravo. Do enake težave pride pri oblikah prisilne prodaje nepremičnine, saj je zakonodaja tako skopa, da se sodišča in stečajni upravitelji nanjo ne morejo zanesti in jim ne preostane nič drugega, kot da rešitev poiščejo v sodni praksi in teoriji, ki pa nista niti formalna pravna vira. Zakonodaja se je bistveno bolje lotila paketnih prodaj nepremičnin in situacij, kjer so nekatere nepremičnine v paketu podvržene predkupni pravici, nekatere pa ne. Tovrstne primere celovito urejata ZKZ in sodna praksa, vendar se je po pregledu nemške zakonodaje izkazalo, da naša ureditev ni praktična, saj zapostavlja interes kupca. Kupec lahko tako kupi samo vse nepremičnine v paketu in ne zgolj tistih, na katerih obstaja predkupna pravica, če je prodajalec v ponudbi izrecno izkazal interes za prodajo paketa zgolj v celoti. Nemška zakonodaja omogoča, da si lahko kupec izbira, katere nepremičnine znotraj paketa želi kupiti, slednje pa mu lahko prodajalec odkloni samo, če bi mu nastala prekomerna škoda. A contrario velja, da se mora predkupni upravičenec, kadar se prodajalec odloči prodajati paket, kjer vse nepremičnine niso podvržene predkupni pravici, odpovedati uveljavljanju predkupne pravice na vseh nepremičninah znotraj paketa, čeprav bi morebiti imel interes kupiti nekatere, vendar ne vse, nepremičnine v paketu.
Predkupna pravica ima med drugim še pomembno vlogo pri novi zakonodaji, ki ureja institut povezanih nepremičnin, uvedenih z novelo SPZ-B. Teorija v zvezi s tem ugotavlja, da je vpliv vseh vrst predkupnih pravic v zvezi z ustanavljanjem povezanih nepremičnin neobstoječ, saj pri nastanku povezanih nepremičnin ne gre za prodajo nepremičnin. Navedenega se ni zavedal zakonodajalec pri pisanju ureditve, saj je določil, da če na nepremičninah, ki se ustanavljajo kot povezane nepremičnine, obstajajo predkupne pravice različnih upravičencev, ustanovitev teh pravic sploh ni dovoljena.A pre-emption right, being both a voluntary and compulsory limitation of the ownership right, is the right which gives its holder the legal possibility to demand from the owner that they inform them of the intended sale of a thing or another property right which is the subject of the pre-emption right, and to offer it to them to purchase under the same conditions. The owner can establish a pre-emption right by legal transaction, creating a contractual pre-emption right, or it may be directly granted by law – in this case we speak of a statutory pre-emption right. They are essentially equal in contentmoreover, the general provisions regulating the contractual pre-emption right can be applied to the statutory pre-emption right, unless the law states otherwise. However, in most cases, the situations in which statutory pre-emption rights appear are far more complex than in theory. Different statutory pre-emption rights are determined by numerous general and special regulations, and it is not uncommon for one property to be subject to several pre-emption rights based on different regulations and grounds. In practice, it has been shown that this causes many problems, since the law does not provide clear answers to such issues, or offers only superficial, contradictory, or anomalous solutions.
This master\u27s thesis discusses the problems caused by pre-emption rights, both contractual and statutory, in the free circulation of property, compulsory sales due to enforcement and bankruptcy, and in the creation of linked properties. Regarding the impact of statutory pre-emption rights on the free circulation of property, it must be pointed out that resolving situations in which a property is subject to such pre-emption rights is dispersed, unclear, and contradictory. As a result, case law and theory must fill these legal gaps using various methods of interpretation provided by the law. This issue also arises in cases of compulsory property sales where the legislation is so scarce that the courts and insolvency administrators cannot rely on it and have no other option than to find solutions provided by case law and theory, which are not formal legal sources. Legislators have dealt more effectively with package sales of real estate, in which some properties are subject to pre-emption rights and others are not. Such cases are thoroughly regulated by ZKZ and case law. However, an analysis of German legislation reveals that Slovenian legislation is impractical, as it neglects the interests of the buyer. Thus, the buyer can purchase only all the properties in the package and not just those that are subject to pre-emption right, if the seller explicitly states in the offer the intention to sell the entire package as a whole. By contrast, German legislation allows the buyer to choose which properties to purchase, and the seller may refuse only if this would cause excessive damage. A contrario, this means that the pre-emption right holder in Slovenia can only waive their right to the entire package, even if interested in purchasing only some of the properties in the package.
Pre-emption rights also play a key role in the new legislation regulating linked properties, introduced by the SPZ-B amendment. In this regard, legal theory has found that the impact of all types of pre-emption rights on the establishment of linked property is non-existent, since such establishment of linked properties does not constitute a property sale. However, the legislator did not recognise this when drafting the law, later determining that, if the properties are subject to different holders’ pre-emption rights, the establishment of linked properties is not permitted at all