• Research Paper on:
    Organizational Marketing Profitability and Market Orientation

    Number of Pages: 10

     

    Summary of the research paper:

    In ten pages this paper examines market orientation and how this concept and profitability are organizationally linked in a consideration that also includes business implementation. Nine sources are cited in the bibliography.

    Name of Research Paper File: D0_MTmarori.rtf

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    Unformatted Sample Text from the Research Paper:
    then find the product to meet those needs, is fairly standard in most marketing textbooks. There is however, more to a firms profitability than a successful product that is made  successful through advertising. A firm that is marketing oriented can find that learning the customers needs and then working together to attain those needs can lead to some pretty incredible  results. Overall, therefore, the firm that is more market oriented rather than price-driven, will ultimately end up achieving greater profitability. The good news for many business skeptics is that there  is plenty of literature available to support this hypothesis. This paper will examine two articles "Market Orientation: The Construct, Research Propositions and  Managerial Implications" written by Ajay K. Kohli and Bernard J. Jaworski and The Effect of a Market Orientation on Business Profitability by John C. Narver and Stanley F. Slater. In  addition the paper will prove the theory by reviewing other literature as well. Market Orientation and Literature Definitions In its simplest sense,  market orientation can be defined as ". . . the organization-wide generation of market intelligence, dissemination of the intelligence across departments and organization-wide responsiveness to it" (Bhuian and Abdul-Gader, 1997,  p. 36; see also Cooper, 1994). In other literature, the definitions go somewhat deeper. According to Kohli and Jaworski, the idea of  market orientation moves beyond the actual philosophy of marketing, which is they define as more of an ideal or theory, rather than an actual activity (Kohli and Jaworksi, 1990). The  actual definition of market orientation, then, is a philosophy of business management that embraces the need for customer orientation, profit orientation and the important role of marketing toward communicating the 

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