FRAMING HYPOTHESIZED MODEL FOR CRM PRACTICES IN BANKS: APPLICATION OF CONFIRMATORY FACTOR ANALYSIS
Abstract
vioft2nntf2t|tblJournal|Abstract_paper|0xf4ff16d31e00000095c3040001000700
This study has been conducted to frame the hypothesized model of CRM practices in banks. The scale construction consists of 25 statements, under five dimensions such as, Customer Acquisition, Customer Response, Customer Knowledge, Customer Information System and Customer Value Evaluation. In total 175 respondents were selected for this study on the basis of judgment sampling technique. To perceive the high content validity the researcher translates the interview schedule into local language in a printed manner. The factor analysis has been applied to reduce the data. But the factors in each dimension with the cut off score 0.5; the researcher considers all the factors to construct the model and checked it through Confirmatory factor analysis. The input data for CFA is through the output yield by the pattern matrix method of factor analysis in SPSS.

Authors
S. Sheik Abdullah, R. Manohar, M. Manikandan
Ayya Nadar Janaki Ammal College, India

Keywords
CRM practices, Judgment sampling, Confirmatory Factor Analysis, Customer Opinion, RMSEA
Yearly Full Views
JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
001000000010
Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 2 , Issue: 1 , Pages: 252-258 )
Date of Publication :
February 2016
Page Views :
236
Full Text Views :
2

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.