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| this paper firstly analyzes the deficits in application of traditional statistical methods to the enterprise
strategy in conjuction with their character, and proposes, instead of them, to use the structural equation modeling in the strategic decision making. By comparison, it gets an advantage over traditional statistical approachs like the regression analysis and the factor analysis in many aspects in strategic decision-making analyses. Subsequently, it introduces the theory on the model in detaiand highlights some pertinent problems to its application and gives some relevant suggestion. Finally, it illustrates the concrete application through exemplification, through step-by-step analysis of am example , shows how concretely to put it into practice.
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| Keywords:Structural equation modeling; strategic decision making; application |
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