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A Stochastic Cusp Catastrophe Studied of Organizational Growth

Apichanangkul Yingluck
Department of Quality Engineering, Faculty of Industrial Engineer, King Mongkut’s University of Technology Thonburi, Bangkok, Thailand

Abstract—Firm growth is a development of the management’s system. That is an essential to its life cycle in identifying critical problems which have to be overcome during its stage in order to continue its growth. This paper perspective is to show a correlation with the key indices of Balance scorecard and the firm growth by simulation the linear and non-linear models. After, we used statistical testing methods to fit model in R software. The simulation showed that the application of non-linear model did better than other models in constructing the firm growth model with 77% from the nine firm case studies.

Index Terms—balance scorecard, catastrophe, firm growth, key index, life cycle

Cite: Apichanangkul Yingluck, "A Stochastic Cusp Catastrophe Studied of Organizational Growth," Journal of Advanced Management Science, Vol. 4, No. 1, pp. 61-65, January 2016. doi: 10.12720/joams.4.1.61-65
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