Organization and growth of firms: Validation of an organizational model through survey data

  • Sanidas E
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Abstract

The main endeavour in this study is to design a set of statistical methods such as factor, bi-dimensional scaling, cluster, and regression analyses in order to provide validation evidence of logical and internal consistency of the observed variables by applying PROBB (Process of the block box). Thus, it is found that a firm needs five factors (latent variables), that is, teamwork dynamics, coordinated execution, and overall planning in order to act and react successfully in the markets (all this is assisted by the thinking and feeling process). Each of these factors contains about 20 interrelated observed variables of the PROBB model. Also it is found that there is a hierarchy in subgroups of these five factors and those key business variables such as sales and product uniqueness can be explained in the map of PROBB variables. It is recommended that the knowledge of all these findings will assist both scholars and business people to better understand what firms need to grow and prosper in terms of organization and management. [ABSTRACT FROM AUTHOR] Copyright of International Journal of Business & Management Science is the property of International Journal of Business & Management Science and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Author-supplied keywords

  • Factor analysis
  • Model
  • Organization of firms
  • Sales
  • Validation

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  • PMID: 43484709
  • PUI: 361428420
  • SGR: 79952595573
  • SCOPUS: 2-s2.0-79952595573
  • ISSN: 18376614
  • ISBN: 18376614

Authors

  • Elias Sanidas

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