The Impact of Internal Factor Analysis Summary (IFAS) and Competing Power on Performance in the Life Insurance Industry: The Mediating Role of Competitive Advantage

World Journal of Business and Management ◽

10.5296/wjbm.v4i1.13272 ◽

2018 ◽

Vol 4 (1) ◽

pp. 85

Author(s):

Ratna Dewi ◽

Amir Mahmud

Keyword(s):

Factor Analysis ◽

Competitive Advantage ◽

Life Insurance ◽

Insurance Industry ◽

Internal Factor ◽

Mediating Role ◽

Life Insurance Industry ◽

Competing Power ◽

The Impact

This research aim to test and analyze the impact of internal factor analysis summary (IFAS) and competing power on performance in the life insurance industry in Makassar (Indonesia): The mediating role of competitive advantage. This study uses 60 employees of insurance companies at the manager level. Path analysis results provide evidence that the internal factor analysis summary (IFAS) and competitiveness significantly influence the competitive advantage and performance in the life insurance industry. The role of competitive advantage proved able to mediate the effect of internal factor analysis summary (IFAS) in improving the performance in the life insurance industry. The different conditions with competitive advantages that cannot increase the competing power against performance in the life insurance industryindicate that from each sector, agriculture, forestry, mining fishery, excavation, processing industry and trade are very strong together that is equal to 97,70%, besides coefficient value of determination equal to 0,96% whereas the remaining 4% of the poverty rate is influenced by other factors

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The Impact of Internal Factor Analysis Summary (IFAS) and Competing Power on Performance in the Life Insurance Industry: The Mediating Role of Competitive Advantage

10.31219/osf.io/6ngxe ◽

2018 ◽

Author(s):

Ratna Dewi ◽

Amir Mahmud

Keyword(s):

Factor Analysis ◽

Competitive Advantage ◽

Life Insurance ◽

Insurance Industry ◽

Internal Factor ◽

Mediating Role ◽

Life Insurance Industry ◽

Competing Power ◽

The Impact

This research aim to test and analyze the impact of internal factor analysis summary (IFAS) and competing power on performance in the life insurance industry in Makassar (Indonesia): The mediating role of competitive advantage. This study uses 60 employees of insurance companies at the manager level. Path analysis results provide evidence that the internal factor analysis summary (IFAS) and competitiveness significantly influence the competitive advantage and performance in the life insurance industry. The role of competitive advantage proved able to mediate the effect of internal factor analysis summary (IFAS) in improving the performance in the life insurance industry. The different conditions with competitive advantages that cannot increase the competing power against performance in the life insurance industry

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Role of Brand experience in Fashion brands

Restaurant Business ◽

10.26643/rb.v118i1.7615 ◽

2019 ◽

Vol 118 (1) ◽

pp. 57-64

Author(s):

G. Aiswarya ◽

Dr. Jayasree Krishnan

Keyword(s):

Factor Analysis ◽

Purchase Intention ◽

Great Influence ◽

Brand Experience ◽

Brand Preference ◽

Mediating Role ◽

Confirmatory Factor ◽

Selling Strategies ◽

The Impact

Traditionally the products were pushed into the hands of customers by production and selling strategies; then the marketing strategy evolved which gained momentum by understanding the customer needs and developing products satisfying those needs. This strategy is most prevalent and what should be done to stand up in this most competitive scenario? The answer to this key question is to create an experience. The customers now also seek good experiences than other benefits. Brand experience has gained more attention, especially fashion brands. Previous studies demonstrate the role of the brand experience in brand equity and other consumer behavior constructs. But very little is known about the impact of brand experiences on fashion brands. The aim of this study is to develop a model which makes our understanding better about the role of Brand preference and Brand experience and its influence on purchase intention of the brand. An initial exploratory study is conducted using a focus group to generate items for the study. The items, thus generated are prepared in the form of a questionnaire and samples were collected. Exploratory factor analysis is conducted and the reliability of the constructs is determined. These constructs are loaded onto AMOS to perform Confirmatory factor analysis. The results confirmed the scales used. We also noticed that Brand preference has a great influence on the Brand experience. Thereby the finding supports the role of the brand experience which tends to have a mediating role in influencing the purchase intention.

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Influence of Trust on Customer Engagement: Empirical Evidence From the Insurance Industry in Ghana

SAGE Open ◽

10.1177/2158244019899104 ◽

2020 ◽

Vol 10 (1) ◽

pp. 215824401989910 ◽

Cited By ~ 1

Author(s):

James Agyei ◽

Shaorong Sun ◽

Eugene Abrokwah ◽

Emmanuel Kofi Penney ◽

Richmond Ofori-Boafo

Keyword(s):

Customer Loyalty ◽

Life Insurance ◽

Service Provider ◽

Structural Equation ◽

Insurance Industry ◽

Customer Engagement ◽

Equation Modeling ◽

Mediating Role ◽

Customer Trust

This study examined the influence of trust dimensions on customer engagement, and the resultant impact of customer engagement on customer loyalty in the context of life insurance. Furthermore, it investigated the mediating role of customer engagement in the relationships between trust dimensions and customer loyalty. A total of 452 valid responses from life insurance customers in Ghana were examined using structural equation modeling (SEM). The results revealed that trust in service provider, trust in the regulator, economy-based trust, and information-based trust significantly influence customer engagement, with trust in service provider and trust in the regulator driving a higher level of customer engagement. The results also uncovered that customer engagement significantly enriches customer loyalty and mediated the relationships between the trust dimensions and customer loyalty. The findings highlight the importance of building convincing customer trust to advance customer engagement and customer loyalty.

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Role of Business Intelligence in Banking Sector for Achieving Competitive Advantage- An Empirical Analysis

Journal of Independent Studies and Research Management Social Science and Economics ◽

10.31384/jisrmsse/2021.19.1.6 ◽

2021 ◽

Vol 19 (1) ◽

Keyword(s):

Competitive Advantage ◽

Business Intelligence ◽

Quantitative Research ◽

Banking Sector ◽

Statistical Tests ◽

Firm Strategy ◽

Middle Level ◽

Mediating Role ◽

The Impact

With recent advancements in information technology, organizations’ capability to acquire and analyze data for efficient decision making has increased. Good strategies promote alignment among processes and technology in use, which may result in better firm performance. However, there has been little focus on how firm strategies and business intelligence (BI) systems might play their part in forming organizational information and getting a competitive edge. Therefore, the purpose of conducting this study is to investigate the impact of firm strategy on firm competitive advantage with mediating role of BI adoption and moderating role of BI capabilities. For this, a quantitative research methodology was used, and data was collected from 300 middle-level managers in Pakistan's telecom sector. Statistical tests such as descriptive statistics, correlation, reliability analysis, one-way ANOVA, confirmatory factor analysis, and mediation analysis through Hayes process were performed using SPSS and AMOS. The findings revealed a positive link between firm strategy and competitive advantage, with business intelligence adoption serving as a mediating factor. Business intelligence capabilities positively moderate the relationship between BI adoption and competitive advantage. Hence, all proposed hypotheses (H1, H2, and H3) were approved. The contribution and Limitation of the study are also discussed.

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The U.K. With-Profits Life Insurance Industry: A Market Analysis

British Actuarial Journal ◽

10.1017/s135732170000578x ◽

2009 ◽

Vol 15 (3) ◽

pp. 747-777

Author(s):

C. D. O'Brien

Keyword(s):

Life Insurance ◽

Economies Of Scale ◽

Lower Cost ◽

Insurance Industry ◽

Significant Degree ◽

Potential Effect ◽

Market Analysis ◽

Life Insurers ◽

Life Insurance Industry ◽

The Impact

ABSTRACTThis paper reviews the market structure of the U.K. with-profits life insurance market and the potential effect on how life insurers operate. We consider the competitiveness of the market, quantifying the increase in the degree of concentration since 2000, and establishing that inherited estates may offer some protection from competition for incumbent firms. However, there is a significant degree of mobility in market positions of leading firms. Analysis of costs indicates some large differences between firms, with larger firms experiencing lower cost ratios, indicative of economies of scale. There are some marked differences in insurers' prices, the data showing that charges tend to be lower on unit-linked than on with-profits policies. The paper suggests that while there are potential concerns about how the market operates for consumers, the impact is limited by the dramatic reduction in new with-profits business.

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