Name the factors

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Problem:

The data is regarding the ratings of service crews of a famous coffee shop who have been judge by the HR based on 32 variables.

1

Distant

17

Perseverant

2

Talkative

18

Friendly

3

Careless

19

Worrying

4

Hardworking

20

Responsible

5

Anxious

21

Contradictory

6

Agreeable

22

Sociable

7

Tense

23

Lazy

8

Kind

24

Cooperative

9

Opposing

25

Quiet

10

Relaxed

26

Organized

11

Disorganized

27

Critical

12

Outgoing

28

Lax

13

Approving

29

Laidback

14

Shy

30

Withdrawn

15

Disciplined

31

Give up easily

16

Harsh

32

Easy going

Since correlations between many variables are high, it was felt that the HR might be confusing some of the variables, or that some variables might be redundant. Thus, a factor analysis was conducted to determine the fewer underlying factors.

Tasks:

Perform factor analysis and develop a tool to evaluate the characteristics of service crews.

Hint: Name the factors

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