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- Title
Organization and Growth of Firms: Validation of an Organizational Model through Survey Data.
- Authors
Sanidas, Elias
- 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.
- Subjects
CORPORATE growth; ORGANIZATIONAL structure; SURVEYS; REGRESSION analysis; TEAMS in the workplace; LATENT variables
- Publication
International Journal of Business & Management Science, 2008, Vol 1, Issue 2, p231
- ISSN
1837-6614
- Publication type
Article