scholarly journals Application of factor analysis in company management – selected examples related to competitiveness and market success

2021 ◽  
Vol 13 (3) ◽  
pp. 25-36
Author(s):  
Jolanta Jurczak ◽  
Grzegorz Jurczak

Abstract Factor analysis is a standard statistical technique for reducing data dimensionality, which is widely used in sociology, psychology, and demography. Also, financial and insurance institutions commonly use such a technique for marketing research. In recent years, factor analysis has been used, at the beginning rather diffidently, to analyse selected problems of business management, e.g. to troubleshoot consumer and company communication. There are some literature reports about the successful use of factor analysis in managing a company area. Nevertheless, the literature seems to lack examples with successful use of the method with a clear explanation of its rather difficult application in the field of competitiveness or potential company boost. The modest popularity of such a powerful technique in this particular field seems to be attributed mainly to the complexity of the method and its requirements concerning the data quantity. Besides, the factor analysis technique has great potential and can be used as an efficient tool to reduce the complexity of observed phenomenon or verify the accuracy of theoretical models. Therefore, the purpose of this paper is to present a vast potential of factor analysis (both exploratory and confirmatory) applied to solve various problems in company management, especially related to competitiveness and market success. Two case studies covering the subject of business management are presented to illustrate the benefits of factor analysis application. The exploratory factor analysis is exemplified by the search of factors related to the commercial success of the company, while the confirmatory technique is illustrated by a case study of the intellectual capital of the company and its factors related to competitiveness. The paper also presents the essence of the factor analysis, types of analysis, subsequent procedures, purposes, and its specific features. Finally, the applicability of the factor analysis to solve management issues and possible gain in management are discussed.

2015 ◽  
Vol 9 (1) ◽  
pp. 12-16
Author(s):  
N. Afsharzadeh ◽  
A. H. Papzan ◽  
F. Rostami ◽  
F. Ghorbani Piralidehi ◽  
A. Pirmoradi

The main purpose of this research was to examine the influence of psychological characteristics on entrepreneurial intention of agriculture and natural resources students at Razi University in Kermanshah Province. A total of students (N= 258), with and without entrepreneurial education were selected on the basis of simple random sampling (n= 146). The main research tool was a questionnaire. 32 items of psychological characteristics in the form of a questionnaire was developed by the researchers to gather the required data. Factor analysis technique was used to analysis the data.  Factor analysis showed that six psychological factors affected on entrepreneurial intention of agriculture and natural resources students including; need to progress, self-efficacy, internal control, risk taking, creativity and the need for the independence. Researchers encouraged educators to promote and develop these psychological characteristics affected on entrepreneurial intention through creating entrepreneurial context such as by supervising agricultural experience programmers, experiential learning and participatory teaching. Furthermore, it was pointed out that entrepreneurial intention could be improved by self directed learning.DOI: http://dx.doi.org/10.3126/ijls.v9i1.11920 International Journal of Life Sciences Vol.9(1) 2015 12-16


2014 ◽  
Vol 13 (5) ◽  
pp. 4482-4487
Author(s):  
Muhammad SalehMemon ◽  
Nasreen AnisGoraya ◽  
Bushra Fatima Ansari

Role of non- government organization in filling the gap of government was studied through a study conducted on Indus Resource Centre. Government gap is created when some areas are being deprived of Government efforts. The objectives of research were firstly; to analyze the role of IRC in filling the gap of Government and to find out at what extend IRC is effective in fulfilling the needs of rural people. Data was taken from the majority of beneficiaries of the IRC and it was analyzed through the exploratory factor analysis technique with the help of SPSS 16.The overall analysis of study reveals that IRC plays very important role in filling the gap and it is very effective in fulfilling the needs of rural people by providing education facilities, human right awareness, sustainable livelihood, health and disaster management.


2021 ◽  
Vol 2 (5) ◽  
pp. 1449-1459
Author(s):  
Andi Haslindah ◽  
Aminuddin Hamdat ◽  
Mora ◽  
Hafidz Hanafiah

Marketing strategy is the means to communicate company goals with the direction to be taken to achieve goals to stakeholders or parties who have decisions in the company. So as the marketing strategy is a very important value to be applied by service and non-service companies to remain competitive.The purpose of this study was to identify and understand the implementation of marketing strategies in manufacturing companies. The method used in this research is descriptive qualitative with the type of case study research on the object of research using the methods of observation, interviews, and documentation. While the data analysis technique using the SWOT analysis technique (Strength, Weakness, Opportunity, Threat).The results showed that through the EFAS (External Strategic Factor Analysis Summary) analysis, a total score of 2.95 was obtained and the IFAS (Internal Strategic Factor Analysis Summary) analysis obtained a total score of 2.25. This strategy focuses on efforts to maintain the capabilities of the company and use them to seize the opportunities that exist. Market penetration and product development are strategies that are usually applied by companies in this position.


GIS Business ◽  
2019 ◽  
Vol 14 (6) ◽  
pp. 133-145
Author(s):  
Dr. S. S. Nirmala ◽  
Dr. N. Kogila ◽  
T. Porkodi

The present study is focusing on the professional stress on organisation among the Junior Commissioned Officers (JCOs) and Non-Commissioned Officers (NCOs) of Indian Military Intelligence. 384 samples of Military Intelligence personnel will be taken for this study. Sources of data is Primary data include a structured questionnaire. Data was collected through structured questionnaire and measure through Likert’s scale, using KMO measure of sampling adequacy, Cronbach’s alpha for checking internal consistency, Bartlett sphericity test for testing the null hypothesis and various factor analysis including Eigenvalues, Extract square Sum loading, variance percent and Accumulation percent values relative comparison and Correlation matrix will be used as tools to arrive at desired results and statistical interpretations. The hypotheses put for test and the resultant values at 0.01 and 0.05 (for different factors) clearly indicated that there is an existence of association between different level of cadres and professional stress among personnel of Indian Military Intelligence. The authority who can formulate the rules and regulations and binding them on the lower cadres and professions to accept and adopt.


Author(s):  
Kuo Hsiung Chen ◽  
Wen Sheng Wu ◽  
Yu Hsiang Shu ◽  
Jian Chan Lin

Abstract IR-OBIRCH (Infrared Ray – Optical Beam Induced Resistance Change) is one of the main failure analysis techniques [1] [2] [3] [4]. It is a useful tool to do fault localization on leakage failure cases such as poor Via or contact connection, FEoL or BEoL pattern bridge, and etc. But the real failure sites associated with the above failure mechanisms are not always found at the OBIRCH spot locations. Sometimes the real failure site is far away from the OBIRCH spot and it will result in inconclusive PFA Analysis. Finding the real failure site is what matters the most for fault localization detection. In this paper, we will introduce one case using deep sub-micron process generation which suffers serious high Isb current at wafer donut region. In this case study a BEoL Via poor connection is found far away from the OBIRCH spots. This implies that layout tracing skill and relation investigation among OBIRCH spots are needed for successful failure analysis.


Author(s):  
Sarven Ipek ◽  
David Grosjean

Abstract The application of an individual failure analysis technique rarely provides the failure mechanism. More typically, the results of numerous techniques need to be combined and considered to locate and verify the correct failure mechanism. This paper describes a particular case in which different microscopy techniques (photon emission, laser signal injection, and current imaging) gave clues to the problem, which then needed to be combined with manual probing and a thorough understanding of the circuit to locate the defect. By combining probing of that circuit block with the mapping and emission results, the authors were able to understand the photon emission spots and the laser signal injection microscopy (LSIM) signatures to be effects of the defect. It also helped them narrow down the search for the defect so that LSIM on a small part of the circuit could lead to the actual defect.


Author(s):  
Elisabetta Ronchieri ◽  
Daniele Cesini ◽  
Daniele DAgostino ◽  
Vincenzo Ciaschini ◽  
Gianni Dalla Torre ◽  
...  

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