Factor Analysis Attempts to

question 88

Multiple Choice

Factor analysis attempts to

• A)analyze interrelationships of several variables.
• B)reduce relationships among variables to a number of key dimensions.
• C)discover basic patterns of relationships among variables.
• D)analyze interrelationships of several variables, reduce relationships among variables to a number of key dimensions, and discover basic patterns of relationships among variables.
• E)reduce relationships among variables to a number of key dimensions and discover basic patterns of relationships among variables.

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Definitions:

Organizational Tactics

Specific actions or strategies that an organization undertakes to achieve its short-term goals and implement its overall strategy.

Visionary Organization

A company that leads its industry in creating and realizing innovative ideas, often with long-term goals and futuristic concepts.

Organizational Foundation

The core principles, values, and structures upon which an organization is built and operates to achieve its objectives.

Formulate Strategies

The process of designing plans and actions to achieve a specific objective, often in a business or organizational context.