Modern Economy

Volume 12, Issue 2 (February 2021)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

Google-based Impact Factor: 0.74  Citations  h5-index & Ranking

Performance Evaluation of Retail Enterprises Based on Principal Component Analysis

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DOI: 10.4236/me.2021.122015    710 Downloads   1,779 Views  Citations
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ABSTRACT

This paper uses factor analysis and principal component analysis to evaluate the performance of 44 retail enterprises. The research found that the profitability and solvency of enterprises are low. The efficiency of asset operation is high and the difference between enterprises is small. Enterprises carry out chain operation, through the allocation of resources in key areas, to establish regional competitive advantage. Department store is the main form of business, and the combination of old and new forms of business has become the mainstream. Therefore, some suggestions are put forward to strengthen the supply chain management and improve the product differentiation degree.

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Wang, W. (2021) Performance Evaluation of Retail Enterprises Based on Principal Component Analysis. Modern Economy, 12, 293-302. doi: 10.4236/me.2021.122015.

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