Interpret the following factor analysis data collected by researchers planning to start a nonprofit organization to sponsor college students.
Definitions:
Functional Designs
Designs that prioritize the practicality and function of a product, facility, or system over aesthetic considerations.
Economical
Economical pertains to the efficient and judicious use of resources, often with the aim of minimizing cost and waste while achieving a specific purpose or outcome.
Simple Design
The creation of a product or solution that is straightforward, easy to use, and free of unnecessary complexity.
Network Organization Design
A flexible approach to structuring an organization where coordination is achieved through informal networks and relationships rather than through a formal hierarchical structure.
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