OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS

Traditional MIS has been made more effective through the integration of organization, human andtechnology factors into a decision matrix. The study is motivated by the need to find an optimal mixof interactive factors that will optimize the result of decision to apply ICT to manufacturingprocesses....

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Main Author: Oforegbunam Thaddeus Ebiringa
Format: Article
Language:English
Published: University in Belgrade 2011-03-01
Series:Serbian Journal of Management
Subjects:
Online Access:http://www.sjm06.com/SJM%20ISSN1452-4864/6_1_2011_May_1-121/6_1_17-26.pdf
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spelling doaj-35d7db9366234570af35737fb3a17e3a2020-11-25T01:41:51ZengUniversity in BelgradeSerbian Journal of Management1452-48642011-03-01611726OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMSOforegbunam Thaddeus EbiringaTraditional MIS has been made more effective through the integration of organization, human andtechnology factors into a decision matrix. The study is motivated by the need to find an optimal mixof interactive factors that will optimize the result of decision to apply ICT to manufacturingprocesses. The study used Factor analysis model based on the sampled opinion of forty (40)operations/production managers and two thousand (2000) production line workers of three leadingmanufacturing firms: Uniliver Plc., PZ Plc, and Nigerian Breweries Plc operating in Aba IndustrialEstate of Nigeria. The results shows that a progressive mixed factor loading matrix, based on thepreferred ordered importance of resources factors in the formulation, implementation, monitoring,control and evaluation of ICT projects of the selected firms led to an average capability improvementof 0.764 in decision efficiency. This is considered strategic for achieving balanced corporate growthand development.http://www.sjm06.com/SJM%20ISSN1452-4864/6_1_2011_May_1-121/6_1_17-26.pdfintegrationEfficiencysustainabilitystrategyeigenvaluesmatrix
collection DOAJ
language English
format Article
sources DOAJ
author Oforegbunam Thaddeus Ebiringa
spellingShingle Oforegbunam Thaddeus Ebiringa
OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS
Serbian Journal of Management
integration
Efficiency
sustainability
strategy
eigenvalues
matrix
author_facet Oforegbunam Thaddeus Ebiringa
author_sort Oforegbunam Thaddeus Ebiringa
title OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS
title_short OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS
title_full OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS
title_fullStr OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS
title_full_unstemmed OPTIMAL BUSINESS DECISION SYSTEM FOR MULTINATIONALS: A MULTIFACTOR ANALYSIS OF SELECTED MANUFACTURING FIRMS
title_sort optimal business decision system for multinationals: a multifactor analysis of selected manufacturing firms
publisher University in Belgrade
series Serbian Journal of Management
issn 1452-4864
publishDate 2011-03-01
description Traditional MIS has been made more effective through the integration of organization, human andtechnology factors into a decision matrix. The study is motivated by the need to find an optimal mixof interactive factors that will optimize the result of decision to apply ICT to manufacturingprocesses. The study used Factor analysis model based on the sampled opinion of forty (40)operations/production managers and two thousand (2000) production line workers of three leadingmanufacturing firms: Uniliver Plc., PZ Plc, and Nigerian Breweries Plc operating in Aba IndustrialEstate of Nigeria. The results shows that a progressive mixed factor loading matrix, based on thepreferred ordered importance of resources factors in the formulation, implementation, monitoring,control and evaluation of ICT projects of the selected firms led to an average capability improvementof 0.764 in decision efficiency. This is considered strategic for achieving balanced corporate growthand development.
topic integration
Efficiency
sustainability
strategy
eigenvalues
matrix
url http://www.sjm06.com/SJM%20ISSN1452-4864/6_1_2011_May_1-121/6_1_17-26.pdf
work_keys_str_mv AT oforegbunamthaddeusebiringa optimalbusinessdecisionsystemformultinationalsamultifactoranalysisofselectedmanufacturingfirms
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