As a graduate student pursuing a Ph.D. in …………….. , factor analysis is used to help business owners maximize profit by helping with production output to increase revenue. For example, a study was found that is related to advanced accounting. This study used exploratory factor analysis to identify dimensions for non-banking financial institutions due to the dimensions that cause non-performing assets (Rajeev & Subramoniam, 2017). The purpose of the study is to verify the factors that are causing the non-performing assets to happen. The exploratory factor analysis and a questionnaire were used to find the causing factors. Based on the analysis findings, three components were found to be the factor. These three components were “professional incapability of the borrower in running the firm, borrower nature in wilful default and his/her influential nature on the financial institution and government, and weak internal policy of the firm or external environment which aid non-repayment of loan” (Rajeev & Subramoniam, 2017). The exploratory factor analysis helped the researcher come up with a solution that will help non-banking financial institutions control non-performing assets and become profitable going forward.
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As a graduate student obtaining a Ph.D. in…….., factor analysis is utilized to assist company owners in maximizing profit by assisting with production output to increase income. For example, a study relevant to advanced accounting was discovered. The dimensions that cause non-performing assets were identified using exploratory factor analysis in this study for non-banking financial entities (Rajeev & Subramoniam, 2017). The study’s goal is to confirm the variables that are driving non-performing assets to occur. To identify the contributing factors, an exploratory factor analysis and a questionnaire were used. Three components were discovered to be the factor based on the findings of the investigation. These three components were “the borrower’s professional inability to run the firm, the borrower’s nature in intentional default.”
