Variables

Conceptualization and Measurement

Expected Signs

IM

The degree to which businesses control their products and final goods across time.

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Constant term (C)

As it has no mutable parameters, an exponential function has a constant rate.

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Idiosyncratic error term (ei)

A remnant parameter that is generated by the regression analysis.

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βi

I quantify the likelihood of stock control for each shift in each explanatory factor.

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Market Performance (MP)

The businesses’ performance in respect of sales, income, customer base, as well as competitive edge over time t.

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Financial Performance (FP)

The effectiveness with which each of the firms utilizes its assets to generate revenues during time t

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Customer Satisfaction (CS)

The amount to which each company’s inventory meets or surpasses consumer requirements throughout time t

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