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MARKET ORIENTATION AND ITS IMPACT ON COMPANY PERFORMANCE

Le Nguyen Hau 1
Pham Ngoc Thuy 1
Volume & Issue: Vol. 10 No. 11 (2007) | Page No.: 94-104 | DOI: 10.32508/stdj.v10i11.2848
Published: 2007-11-30

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Copyright The Author(s) 2023. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

This study aims at identifying the components of Market Orientation and investigating the application of this management perspective in companies in HCM City. Results of SEM analysis based on a sample of 301 companies show that: HCMC companies are above-average in Market orientation; significantly positive impact of market orientation on the company's business performance; and five components of market orientation (i.e. customer orientation, competitor orientation, functional coordination, profit control and responsiveness) should be paid attention by company leaders.

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