Logistic Regression Analysis
A logistic regression analysis performs to confirm the model. On one hand is the Goodness-Of-Fit test. Applying the Hosmer & Lemeshow procedure allows us to conclude that the model is a fit. There is significant homogeneity between the observed and expected values. It confirms that the dependency relationship between the variables detailed in the model.
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These are direct and positive. The chi -square significance is p-value = 0.000 < 0.05. Furthermore, the independent variables model explains the dependent variable. This corroborates by the explained variance. Also ranging from 66.6% to 74.4%.
Evaluating The Bivariate Correlation
When evaluating the bivariate correlation of Spearman’s rho. It is evident that there are positive and significant correlations. These are between all the aligned decisions. And that must execute in the companies when using the business model.
The (p-value factors < 0.01) and the effective use of the business model. Yet, in values that oscillate between 0.814 and 0.952, considered acceptable.
The effective use of the business model produces benefits in the companies under study. From efficiency to increases in competitive advantages.
4 Benefits and Improvements
The executives of the companies determine that the 4 benefits and improvements obtain. This from having an effective use of the business model.
- Improved efficiency (96%),
- Market positioning (93.3%),
- Improved profitability (92%) and
- Increased competitive advantage (82.7%).
They all have a prioritization greater than 80%. And it also confirms that there is an absolute consensus. In the perceptions that executives have when prioritizing these factors, since the σ factor i < σ shows (0.57).
Correlations Between All the Organizational Impacts
When evaluating the bivariate correlation of Spearman’s rho. It is evident that positive and significant correlations between all the organizational impacts. That must generate in the companies when using the business model.
The p-value factors < 0.01) and the effective use of the business model. In values that oscillate between 0.881 and 0.967; considered acceptable.
Logistic Regression Analysis
A logistic regression analysis performed to confirm the model. On the one hand, the Goodness-Of-Fit test applies the Hosmer & Lemeshow procedure. This allows us to conclude that the model fits. There is significant homogeneity between the observed and expected values. And the dependency relationship between the variables detailed in the model.
These are direct and positive. The chi -square significance is p-value = 0.000 < 0.05. Furthermore, the independent variables of each branch of the model explain the dependent variable. This corroborated by the explained variance (R 2 of Cox & Snell) ranging from 74.4% to 74.9%.
Given the results presented, empirical evidence obtains and confirms. This is the implementation of the business model is successful. When the responsible team manages the 5 critical factors. Also, it can affirm that it is necessary and enough condition. For the executives belonging to the member companies of to achieve an effective use of the business model. Their respective companies, that implements the 5 key decisions aligned to the business model
Improvements Of the Business Model
Considering the perceptions of the executives, there is statistical evidence. That confirms the contribution of the effective use of the business model. Ranging from improvements in efficiency of the short term. To improvements in market positioning, profitability, and competitive advantages in the long term.
This is consistent with what stated (2013). The business model has an impact on companies. They manage to get improvements in competitive advantages, efficiency, profitability, and market positioning. So, increasing the economic value of the company.
Promotion And Dissemination of The Business Model
Considering the models proposed in this research. The main challenge faced by the companies are under study. It is not so much in the promotion and dissemination of the business model. As a tool that contributes to the success of strategic management within a company. Since it supports successful execution of the strategy.
As A Management Tool
Nor is it that it recognized as a management tool. This through customer relationship strategies improve many things. Like customer loyalty and recommendation rate (delivery of value). Innovating in processes and resources that increase value for its customers. The value creation, thereby improving their economic and financial achievements (value capture).
Knowledge Of the Business Model to Its Design
The challenge lies in getting the leaders of the companies. And of the industry in general. To have the conviction and real motivation to go from knowledge of the business model to its design. From design to implementation. And from implementation to achieving an effective use of the business model. Which must now become a reality in the member companies. Since there is empirical evidence that companies which incorporate a business model. They get a competitive and strategic advantage over other companies.
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