Journal of Information Technology Applications and Management

Korea Data Strategy Society (한국데이터전략학회)
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Relevance of Multivariate Analysis in Management Research

  • Received : 2016.06.22
  • Accepted : 2016.07.22
  • Published : 2016.09.30
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Abstract

Often we receive misled conclusion in the research if properly variables are not analyzed. In different functional issues of management it is very essential that all the latent and observed variable are properly understood so management decisions will be relevant and effective. The objective of this paper is to investigate the use of different multivariate tools for analyzing in the management research : applied or basic. The sources of data is primary as well as secondary. The primary includes the observation of different research articles of the proceedings of different conferences. And the secondary includes different publications related to multivariate analysis. The study has revealed the reasons of not using such tools of research. The preliminary finding reveals that most of the researches do not use such analytical tools in a comprehensive manner. Carelessness in design while fixing the design aspect is the main reasons of not using appropriate design.

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