The Confirmatory Model Analysis of Business Management in the Industrial Sector for Manage Natural Disaster Situations

This research aims to 1) analyze business management models in the industrial sector for managing natural disasters. 2) To investigate the elements of business management in the industrial sector for managing natural disaster situations. The population for this study consists of industrial entrepreneurs certified with ISO 14001 or ISO 45001 standards who have experienced natural disasters within and outside industrial zones, totaling 500 samples. The research instrument used is a questionnaire, and the statistical methods for data analysis include confirmatory factor analysis and second-order confirmatory factor analysis. The confirmatory model analysis of business management in the industrial sector for managing natural disaster situations comprises four components: Enterprise Risk Management, Integrating Business Planning, Resource Management, and Organization Management. The results of the first-order confirmatory factor analysis align well with empirical data (p = .250, CMIN/DF = 1.072, GFI = .966, RMSEA = .012), with factor loadings ranging from .86 to 1.26 and statistical significance at the .001 level. The results of the second-order confirmatory factor analysis also align well with empirical data (p = .770, CMIN/DF = 1.160, GFI = .954, RMSEA = .018), with factor loadings ranging from .82 to .90 and statistical significance at the .001 level.

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Journal
WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT
Published
2025-05-14
DOI
https://doi.org/10.37394/232015.2025.21.37
Primary Topic
Supply Chain Resilience and Risk Management
Type
article
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article

The Confirmatory Model Analysis of Business Management in the Industrial Sector for Manage Natural Disaster Situations

Nopporn Bua-In
WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT
Supply Chain Resilience and Risk Management
article

The Confirmatory Model Analysis of Business Management in the Industrial Sector for Manage Natural Disaster Situations

Nopporn Bua-In
article en

Abstract

This research aims to 1) analyze business management models in the industrial sector for managing natural disasters. 2) To investigate the elements of business management in the industrial sector for managing natural disaster situations. The population for this study consists of industrial entrepreneurs certified with ISO 14001 or ISO 45001 standards who have experienced natural disasters within and outside industrial zones, totaling 500 samples. The research instrument used is a questionnaire, and the statistical methods for data analysis include confirmatory factor analysis and second-order confirmatory factor analysis. The confirmatory model analysis of business management in the industrial sector for managing natural disaster situations comprises four components: Enterprise Risk Management, Integrating Business Planning, Resource Management, and Organization Management. The results of the first-order confirmatory factor analysis align well with empirical data (p = .250, CMIN/DF = 1.072, GFI = .966, RMSEA = .012), with factor loadings ranging from .86 to 1.26 and statistical significance at the .001 level. The results of the second-order confirmatory factor analysis also align well with empirical data (p = .770, CMIN/DF = 1.160, GFI = .954, RMSEA = .018), with factor loadings ranging from .82 to .90 and statistical significance at the .001 level.

WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENTVol. 21
Prince of Songkla University (TH), Suratthani Rajabhat University (TH), Management Sciences (United States) (US)
Openalex Percentile: Top 85%
Supply Chain Resilience and Risk Management
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The Confirmatory Model Analysis of Business Management in the Industrial Sector for Manage Natural Disaster Situations — Nopporn Bua-In · WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT (2025) | TGRS Research Map | TGRS