The Influence of Competitive Advantage Analysis, Continuous Improvement on Organizational Performance: an Empirical Study on Petroleum Firms in Uae
Sultan Alawadi1, Ibrahim Alrajawy2, Aimya Bhaumik3
1Sultan Alawadi, Faculty of Business and Accountancy, Lincoln University College, Selangor, Malaysia.
2Ibrahim Alrajawy, Faculty of Business and Accountancy, Lincoln University College, Selangor, Malaysia.
3Aimya Bhaumik, Faculty of Business and Accountancy, Lincoln University College, Selangor, Malaysia.
Manuscript received on 20 June 2019 | Revised Manuscript received on 27 June 2019 | Manuscript Published on 22 June 2019 | PP: 509-517 | Volume-8 Issue-8S2 June 2019 | Retrieval Number: H10900688S219/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The present study adopts quantitative research design in its quest to achieve a credible study. As such, questionnaire was developed and used to elicit the respondents’ opinion on the effects of strategic cost management on the UAE petroleum firms’ competitiveness. 200 usable responses were analysed using SPSS software and PLS (Partial Least Squares) SEM-VB (Structural Equation Modelling-Variance Based) was employed to assess the research model. Purposive sampling technique was adopted to gather the required quantitative data in which selection procedure which is used for choosing settings or groups that are professional on a specific area of study. The variance explained was 60% and both competitive advantage analysis, and continuous improvement are found significant positive direct predictor of the performance of petroleum firms in the UAE.
Keywords: Competitive Advantage Analysis; Continuous Improvement; Performance; UAE.
Scope of the Article: Analysis of Algorithms and Computational Complexity