The relationship between market-oriented culture and business performance

Number of pages: 86 File Format: word File Code: 30496
Year: 2012 University Degree: Master's degree Category: Management
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  • Summary of The relationship between market-oriented culture and business performance

    Academic Thesis for Master's Degree

    Field: Business Management - Orientation: Marketing

    Abstract

    Investigation of the relationship between market-oriented culture and business performance (case study: Golestan province's manufacturing companies)

    The main goal of this research is to investigate the relationship between market-oriented culture and business performance in Golestan province's manufacturing companies. Market-oriented culture as an independent variable includes customer dimensions. It is central, central competitor and inter-task coordination, and business performance as a dependent variable consists of three dimensions; Financial performance is market dominance and effectiveness in the market. Therefore, this research includes a main hypothesis that examines the meaningful relationship between market-oriented culture and business performance of the aforementioned companies, and includes three sub-hypotheses that examine the relationship between market-oriented culture and each of the dimensions of business performance (financial performance, market dominance of the company, and effectiveness of the company in the market) in the transformation industry companies of Golestan province. Research method; It is descriptive, survey. The statistical population of this research is the managers and experts of transformation industry companies in Golestan province, who have been studied by probability and simple random sampling. The sample size was determined using Morgan's table, out of 440 people in the statistical population, 205 people. In this study, we have used the library method to collect second-hand data and the field method along with two questionnaires to collect first-hand information.  To analyze the data at the level of inferential statistics, Spearman's correlation coefficient test was used with the help of SPSS statistical software.

    The research findings show that there is a significant relationship between market-oriented culture and business performance in Golestan transformation industry companies, which means that the correctness of the assumptions has been determined.

    Key words: market-oriented culture, business performance, financial performance, company effectiveness in the market, company dominance On the market

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    Introduction

    Marketing is one of the important branches of management knowledge, whose main task is to recognize human needs and desires and solve them through the process of resource exchange. Because today's societies are facing the unlimited needs of people on the one hand and the lack of resources on the other hand, and managers must respond to the unlimited needs of people with these limited resources. Therefore, here the knowledge of management is rushed with the help of economics and with management tools and skills, it tries to optimally allocate limited resources to unlimited human needs.

    In the current era of competition where markets are getting closer and closer to free and complete competition every moment and the variety of institutions and products is increasing every moment, there are successful markets that recognize opportunities and threats and use strategic advantages and long-term strategic plans to produce competitive goods and thereby optimally satisfy demand. The needs and needs of the customers must be ahead of the competitors.

    Nowadays, the role of customers in the destiny of the institutions is not hidden from anyone. In today's highly competitive markets, due to the great importance of buyers in the survival and development of companies, not only the marketing department guarantees profitable sales, but all departments and organizational units must focus their attention on the performance favored by customers. Therefore, commercial institutions need marketing strategies for productivity and sustainability in the market. The importance of these strategies has been observed in the life and survival of organizations.

    In our country, there have been activities to plan and implement these strategies and their impact on business performance has been measured. In this research, market-oriented culture as the most important trend of marketing on commercial performance in companies of transformation industries is discussed and evaluated. In this chapter, the generality and completeness of the research is discussed. At the beginning, the problem and the subject of the research are interpreted and defined. Then, generalities of the history, literature and results of a number of conducted researches, as well as the topic (problem) of the current research, are briefly stated, and in the following, the necessity, importance and necessity of the research are explored. In the following, research objectives, hypotheses and research questions have been written.Also, after the mentioned cases, in the scope of the research method, the spatial domain of the research (statistical community), the temporal domain of the research, the sampling method and determining the sample size, the data collection tools, the data analysis method, and also the explanation of the words and terms used in the current research, that is; We examine the relationship between market-oriented culture and business performance in the transformation industries of Golestan province. 1-2 statement of the problem and research topic Studies have shown that market-oriented affects the company's performance. In marketing, there is a great tendency to market-oriented as an intangible factor that affects the organization's performance (Hamburg et al., 2003). (Slater and Naror (2000). On the other hand, market-oriented is defined as an organizational culture that requires placing customer satisfaction at the center of business operations. Therefore, it will bring more value to customers and better performance for the organization. It is a focus beyond customer focus and gives a more comprehensive perspective. Market-based companies (market-oriented) must apply a broad definition of the customer in a way that includes their hidden needs. These companies are committed to recognizing and understanding the stated and unstated needs of their customers and the capabilities and plans of their competitors through the collection and analysis of market information. Fortune magazine pointed out this issue in an article on May 1, 1995. If a company correctly understands the needs of its customers, then it can ignore what the customers claim.

    Market-oriented has been included in scientific research and studies related to management actions since the 1980s. Market-oriented is a concept rooted in marketing theory and applied to the concept of marketing. (Ardil (2003).

    Different researchers have used different components to measure business performance, and no consistent or similar procedure can be seen in this field. In this research, according to the research community, ten components were extracted to measure the performance of the Ghani market, which were placed in three categories:

    Financial performance: including the components of profit, liquidity, and return on investment

    Dominance on the market: including the components of sales volume, Sales growth and market share

    Effectiveness of the company in the market: including the components of new product success, customer retention, customer attraction and product quality.

    According to what happened, the research model was extracted as follows:

    Therefore, the research question is: Is there a significant relationship between the market-oriented culture and the business performance of the conversion industries companies of Golestan province? 1-3 Importance and necessity of the research topic: Market-oriented is defined as a stage of organizational growth, or as a level that reflects organizational maturity. The central market is the final stage of the development of a commercial organization, and the market trend is along the development of different commercial trends. So far, it has been theoretically claimed many times that market orientation is related to the improvement of the business performance of companies and leads to more performance of the organization's forces towards the market and the customer; as a result of research, due to the inconsistency of the findings among American researches, there is a need to evaluate the assumed relationship between market orientation and business performance in other non-American societies, including Iran. However, systematic and experimental researches have been less conducted for a deeper understanding and proof of these claims, especially in the Iranian environment, so the purpose of the current research is to investigate the relationship between market orientation and business performance in an Iranian environment (Baker, 1993).

  • Contents & References of The relationship between market-oriented culture and business performance

    List:

    Table of Contents

     

    The first chapter. 1

    Generalities of the research. 1

    1-1 Introduction. 2

    1-2 stating the problem and topic of the research. 3

    1-3 The importance and necessity of the research topic: 4

    1-4 research objectives. 5

    1-4-1 main goal. 5

    1-4-2- Sub-goals. 5

    1-5 research questions. 5

    1-5-1 The main research question. 5

    1-5-2 research sub-questions. 5

    1-6 research hypotheses. 6

    1-6-1 The main research hypothesis. 6

    1-6-2 sub-hypotheses of the research. 6

    1-7 temporal domain of research. 6

    1-8 spatial territory. 6

    1-9 definition of research words and terms. 6

    The second chapter. 9

    Research literature review. 9

    2-1 Introduction. 10

    The first part: Research literature. 10

    2-2 What is market-oriented culture? 10

    2-3 customer-centric concept. 18

    2-4 Concept of core competitor. 20

    2-5 The concept of inter-task coordination. 21

    2-6 What is financial performance? 21

    2-6-1 Accounting standards. 22

    2-6-2 criteria based on accounting information. 22

    2-6-3 Concept of profit. 22

    2-6-4 Concept of liquidity. 23

    2-6-5 concept of rate of return on investment. 23

    2-7 The concept of effectiveness. 24

    2-8 The concept of market dominance of the company 25

    The second part: Research background. 25

    2-9 The relationship between market-oriented culture and business performance. 25

    The third part: The theoretical framework of the research. 32

    2-10 Conceptualization of market-oriented and research model extraction. 32

    The third chapter. 39

    Research implementation method. 39

    3-1 Introduction. 40

    3-2 research method. 40

    3-3 Statistical population, sample size and sampling methods. 41

    3-4 methods and tools for collecting data and information. 43

    3-5 theoretical and practical definitions of independent variables. 45

    3-5-1 market-oriented culture. 45

    3-6 theoretical and practical definitions of dependent variables. 46

    3-6-1 Business performance. 46

    3-6 validity and reliability of the questionnaire. 47

    3-6-1 Reliability (reliability) of measurement tools. 47

    3-6-2 Reliability (trust) of measurement tools. 49

    7-3 data analysis methods 50

    Chapter four. 53

    Data analysis 53

    4-1 Introduction. 54

    4-2 hypothesis test. 55

    4-2-1 Review and test of the first sub-hypothesis. 55

    4-2-2 Examining and testing the second sub-hypothesis. 56

    4-2-3 Examining and testing the third sub-hypothesis. 57

    2-4-4 Checking and testing the main hypothesis. 58

    The fifth chapter. 59

    Conclusion and suggestions. 59

    5-1 Summary. 60

    5-1-1 sub-questions of the research. 60

    2-5 Research results. 61

    3-5 discussion and interpretation. 62

    5-4 research limitations. 62

    5-5 suggestions. 62

    List of Persian sources. 65

    List of English sources. 65

    "Appendixes". 69

    "Questionnaire". 69

    Source:

    List of Farsi sources

    Azer, Adel and Momeni, Mansour (1380), statistics and its application in management (statistical analysis), second volume, Tehran, Samt Publications, Ch 5

    Stoner, James, (1382), management (organization, leadership, control), second volume, Tehran, office Cultural researches, 2nd grade

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    pi. Novo, Raymond (1385), financial management, translated by Dr. Ali Jahankhani and Dr. Ali Parsaian, Volume 1, Tehran, Farhang Islamic Publishing House, 11th Ch. Khaki, Gholamreza, (1386), research method with an approach to thesis writing, Tehran, Reflection Publications, 3rd Ch. Parsian and Dr. Seyed Mohammad Arabi, Tehran, Department of Cultural Studies, Volume 1, Chapter 3

    Robins, Stephen P., (1378), Theory of Organization, translated by Mehdi Elwani and Hassan Danaei Fard, Tehran, Safar Publications, 25th Chapter

    Sekaran, Uma (1380), Research Methods in Management, translated by Saebi Vazi Shir, Management Education Center Printing and Publishing Center Delti

    Schiffer, Mendenhall (1381), an introduction to case studies, translated by Aramb and Sengari, Bozorgnia Publications.

    Cutler, Philip and Gary Armstrong (1381), Principles of Marketing, translated by Bahman Foruzandeh, 4th edition, Tehran, Aterpat Publishing

    Hopson, Barieh, Hak Logari and Steve Murgatroyd

    Cutler, Philip and Gary Armstrong (1381), Principles of Marketing, translated by Bahman Faruzandeh, 4th edition, Tehran, Aterpat Publishing

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    List of English resources

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    19 _Scharnberg, M. (1993a) The Non-authentic Nature of Freud's Observations. Vol. I. The Seduction Theory, Almqvist&Wiksell, Stockholm.

    20_Scharnberg, M. (1993b) The Non-Authentic Nature Of Freud's Observations. Vol. II. Felix Gattel's Early Freudian Cases, and the Astrological Origin of the Anal Theory, Almqvist&Wiksell, Stockholm.

    21_Schindler, R. M. & Holbrook, M. (2003) 'Nostalgia for early experiences as a determinant of consumer preferences', Psychology and Marketing, vol. 20, pp 275_302

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The relationship between market-oriented culture and business performance