How Managers Measure Organizational Effectiveness Research Paper

How Managers Measure Organizational Effectiveness - Research Paper Example own to cover the facets of organizational performance combined with the internal performance outcomes, which are directly influenced by the results of the effort (Zhou, Hong & Liu, 2013). The determination of the organizational effectiveness is thus an essential role of every organization in the 21st century that is driven by the desire to succeed and achieve the internal goals of the business. At the time an organization is formed, the managers must secure a continuing supply of resources from the organization’s environment. This will enable the business to operate continuously and achieve long and short-term goals. In this paper, a discussion of the important approaches that managers use to determine the initial mix of resources to adopt during the creation of the business will be discussed. The measure of organizational effectiveness is an essential process for any startup organization that desire to grow and enter new markets. As a result, either a number of tools have been developed for the measurement of effectiveness theoretically or empirically which make up part of the entire process of effectiveness determination. The judgment of performance in an organization is influenced by the group willing to determine the effectiveness, performance and the ability of the organization to achieve its objectives. Three approaches have been developed for the determination of effectiveness of an organization and can be utilized in the measure of new businesses whose operation parameters are still limited (Guest & Conway, 2011). In measuring the organizational effectiveness through the determination of the external resource approach, the ability of a business to secure, manage and control the valuable resources and skills from the external environment is measured. In resource based view, the firm’s ability to effectively utilize the available resources is measured to determine the likelihood of profitable performance in the future. In this approach, two assumptions

Quantitative finance and methods ( masters degree) Statistics Project

Quantitative finance and methods ( masters degree) - Statistics Project Example at return on capital employed and retained earnings/total assets have a very high correlation (0.6), it would be advisable to remove both of them in order to avoid the problem of problem of multicollinearity. Regarding whether to remove either retained earnings/total assets or return on capital employed based on the likelihood ratio tests, it will depend on their respective p-values. The one with its p-value approaching 1 than the other should be removed, as that implies that it is irrelevant. (e) From the coefficients of the original logistic regression, and ignoring the likelihood ratio tests, is it generally true that firms with a higher current ratio are more likely to go into liquidation? Explain. (6 marks) Firms with a higher current ratio are more likely to go into liquidation. This is because if we were to carry out a comparative analysis between the original logistic regression and Firm X statistics, it is apparent that the lower the returns of a firm, the higher the current ratio. Furthermore, it is a common knowledge that the firms with lower returns are the ones with the highest possibility if of going into liquidation. since we have concluded that firms with a higher current ratio are more likely to go into liquidation, the p-value must be less than 0.05, which shows that the model is statistically significant at the 95% confidence level. Whether the above two results are statistically significant, at the 95% level of confidence will depend on the p-value generated from the computer. If p-value is less than 0.05, the two results are statistically significant, at the 95% level of confidence. Q2. In evaluating the default risk of bank customers, two approaches are used, namely, multiple discriminant analysis and conventional methods. From a sample of 460 customers, observed results and predicted results of good and bad loans are summarised below. Q3. You are working on a research project on capital structure. You