Open AccessROLE OF INFORMATION AND ITS IMPACT ON BUSINESS PERFORMANCE: STRUCTURAL EQUATION MODELING (SEM) PERSPECTIVE IN SAUDI ARABIA
Author(s) -
Abdulnaser S. H. Al-MSloum
Publication year - 2021
Publication title -
xi'nan jiaotong daxue xuebao
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 21
ISSN - 0258-2724
DOI - 10.35741/issn.0258-2724.56.5.23
Subject(s) - structural equation modeling , perspective (graphical) , process management , computer science , knowledge management , statistical hypothesis testing , business process , process (computing) , quality (philosophy) , critical success factor , management science , psychology , business , mathematics , marketing , engineering , artificial intelligence , statistics , work in process , machine learning , philosophy , epistemology , operating system
Structural Equation Modeling (SEM) encompasses various forms of computational algorithms, statistical techniques, and mathematical models, which are utilized to fit the constructs of information. SEM tests the hypothesis by utilizing data generated from respondents who are all participated in the intelligence test. This article focuses on the investigation of the relationship between the elements of successive critical factors for management quality (SCEMQ) and business progression (BP). The instrument is adopted to gather primary data from the business organization. In this article, two-step SEM model is incorporated in the investigation of SCEMQ and BP. The article identified seven critical successive elements, namely commitment with top management (CTM), focus on customer (FC), planning of strategic (PS), management of process (MPR), management of people (MP), quality of leadership (QL), and management of supplier (MS), which have a significant role in defining the performance of the business. From this study, it is identified that the quality and information have a huge contribution to the success of business. From the analysis of statistical outcome, significant as well as positive correlation among the critical aspects of business are identified.