Effects of Factor Analysis on the Questionnaire of Strategic Marketing Mix on Organisational Objectives of Food and Beverage Industry.

dc.contributor.authorIbojo, Bolanle Odunlami
dc.date.accessioned2023-11-22T07:47:28Z
dc.date.available2023-11-22T07:47:28Z
dc.date.issued2013-08-10
dc.description.abstractThis study examines the effects of factor analysis on the questionnaire of strategic marketing mix on organizational objectives of food and beverage industry. The objective is to test the effect of factor analysis on the questionnaire, and to show if factor analysis is appropriate and desired if a desired result is to be achieved. The methodology employs primary and secondary sources of data. The primary source envelopes questionnaires while the secondary source allows for the use of journals, internet and the periodicals. The data were analyzed using descriptive (percentages) and inferential statistics(factor analysis). It should be noted that the result of the questionnaires were subjected to factor analysis.The findings show that the correlation matrix was all positive and above 0.5.The Kaiser-Mayer Olkin has a value of 0.882which show the greatness of the data. After extraction, the principal component analysis show high percentages of the variance accounted for. Eight factors were extracted which explain 72.6% of the variability. Finally, the variables were loaded in one component or the other.It is hereby concluded that the correlation matrix shows the adequacy of the factor analysis on the questionnaire. The Kaiser-Mayer Olkin of .0882 and Batlette test of 0.00 show that factor analysis is appropriate. The extracted component represents the variables well. The eight factors explained 72.6% of the information contained by the 25items (variables).More so, the variables were loaded in one component or the other, showing that the variables are satisfactory for further studies. All these show that factor analysis has effect on the questionnaire of strategic marketing mix on organizational objectives of food and beverage industry.en_US
dc.identifier.urihttp://repository.acu.edu.ng:8080/jspui/handle/123456789/352
dc.language.isoenen_US
dc.publisherEuropean Journal of Business and Managementen_US
dc.subjectFactor analysisen_US
dc.subjectquestionnaireen_US
dc.subjectstrategic marketing mixen_US
dc.subjectorganizational objectivesen_US
dc.subjectfood and beverage industryen_US
dc.titleEffects of Factor Analysis on the Questionnaire of Strategic Marketing Mix on Organisational Objectives of Food and Beverage Industry.en_US
dc.typeArticleen_US

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