TITLE

Moderating effect of adaptability on the relationship between two forms of market orientation and performance

AUTHOR(S)
Apaydin, Fahri
PUB. DATE
June 2011
SOURCE
Interdisciplinary Journal of Contemporary Research in Business;Jun2011, Vol. 3 Issue 2, p1364
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This empirical study examines moderating effect of adaptability of small and medium sized firms on the relationship between two forms of market orientation - responsive market orientation and proactive market orientation- and performance, using data from a sample of diverse businesses. Data was gathered from small and medium sized firms and regression analyzes were carried out to test the hypotheses. The study findings indicate that for any business to increase business performance, responsive market orientation and a proactive market orientation are not sufficient. Firms should have adaptability to achieve better result from being market oriented. That adaptability has moderating effect on the relationship between these two forms of market orientation and firm performance is supported empirically in this study. The findings sharpen the understanding of the effects market orientation forms and their interaction with adaptability on firm performance in the small and medium sized context. The results might provide new insights for marketers and academicians into market orientation and adaptability of firms.
ACCESSION #
70548125

Tags: MARKET orientation;  MARKETING strategy;  PRODUCT orientation;  SMALL business;  STRATEGIC planning

 

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