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Market fit and business performance: an empirical investigation
| Content Provider | Scilit |
|---|---|
| Author | Taghian, Mehdi Shaw, Robin N. |
| Copyright Year | 2010 |
| Description | Journal: Journal of Strategic Marketing This paper argues that an organisation needs to be managed for its fit to its intended target market. Market fit is defined as the capability configuration of a firm moderated by the relevant factors in the external environment. It is conceptualised within the integrated dynamic resource-based view of the firm. The study is based on survey data collected from 216 larger Australian businesses. Drawing on the existing literature on the resource-based view of the firm (RBV), a model of market fit has been developed and tested empirically. The results of the study suggest that the intangible internal assets of marketing planning, decision-making process, and marketing strategy form the core capability configuration of an organisation and that the market fit measure associates positively with business performance indicators. The assertion is that while the internal intangible assets form the core capability of an organisation, this capability is influenced by the market dynamics that may alter its character, intensity, and effectiveness in relation to its intended business performance objectives. |
| Related Links | http://hdl.handle.net/10536/DRO/DU:30031063 |
| Ending Page | 415 |
| Page Count | 21 |
| Starting Page | 395 |
| ISSN | 0965254X |
| e-ISSN | 14664488 |
| DOI | 10.1080/0965254x.2010.497844 |
| Journal | Journal of Strategic Marketing |
| Issue Number | 5 |
| Volume Number | 18 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2010-08-01 |
| Access Restriction | Open |
| Subject Keyword | Journal: Journal of Strategic Marketing Business and Management Resource-based View of the Firm Capability Configuration Business Performance Marketing Planning Decision-making Process |
| Content Type | Text |
| Subject | Strategy and Management Marketing |