John is the marketing vice president of a computer manufacturer. He is interested in learning more about the driving forces behind customer loyalty, particularly factors such as brand reputation, pricing, and customer satisfaction. John has previously attended an MBA course on brand reputation, and he recalled the five underlying indicators that contribute to a company's brand reputation; they are corporate social responsibility, financial performance, governance, leadership, and product/service quality. John carried out a structural equation modeling using SmartPLS because his goal is to understand the relationships among these factors. Based on this information, John developed the conceptual framework for his research project: Corporate Social Responsibility (CSR), Financial Performance (FINAN), Governance (GOVER), Brand Reputation (REPUT), and Leadership. PLS-SEM is conducted and the following output is obtained. The lower right-hand part of the output is enlarged as follows:
a) What is the coefficient of determination (R2) in this model? Also, is this number good or bad?
b) Brand Reputation [REPUT] and Pricing [PRICE] together can explain how much variance of Customer Satisfaction [SATIS]?
c) Which factor affects Customer Loyalty [LOYAL] the least?
d) price_1 and price_2 have loadings of 0.911 and 0.676 respectively, are they good indicators of Pricing [Price]?
e) Is the hypothesized path relationship between REPUT [Reputation] and Customer Loyalty [LOYAL] statistically significant?