Problem Solving and Budget Allocation of SMEs: Application of NCA Approach

Abstract

In order to achieve a specific result, a firm’s problem-solving activities can be thought of as a process that combines physical and cognitive actions. Its internal organization determines how information inputs are distributed among different task units and, as a result, how the cognitive workload is distributed. We tested a case study related to Iranian small and medium enterprises (SMEs). We used NCA analysis as a creative and state-of-the-art method with the help of R software to evaluate data. According to the findings, six prerequisites must be met in order to achieve a 50% level of efficient performance: innovation at a minimum of 22.7%, CSR at a minimum of 30.4%, IT investment at a minimum of 56.7%, SMM at a minimum of 38.3%, product differentiation at a minimum of 11.7%, and CRM at a minimum of 38.3%.

Advancing scientific inquiry through data reuse: Necessary condition analysis with archival data

“…Examples discussed in Dul et al (2023) are Bouncken et al (2020a), Cheng and Jiang (2022), Du and Kim (2021), Fredrich et al (2019, 2022), Klimas et al (2022), Ortigueira‐Sánchez et al (2022), Tho (2018, 2019), and Wang et al (2023). Other recent examples are Bouncken et al (2023), Bouzari et al (2023), Conway (2019), Delgosha et al (2021), Frezatti et al (2022), Oyadomari et al (2023), Qu et al (2023), and Singh et al (2023). Also, empirical studies and reviews in strategic management often recommend the use of necessity causal logic and NCA for future research (e.g., Bouncken, Fredrich, Ritala, & Kraus, 2020; Deist et al, 2023; Klimas et al, 2023; Lexutt, 2020; Swab et al, 2020).…”