Explain exactly what a market orientation

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Reference no: EM13899910

There is growing body of evidence that suggest that the higher the market orientation of an organization, the greater its profitability. Given this:

1. Read all the articles in your reading material which cover the topic of market orientation.

2. Explain exactly what a market orientation is, and why it is important.

3. Analyse a local (Vietnamese) organization of which you are familiar. Using the market orientation literature, determine how market oriented the organization is. You may want to consider interviewing staff/customers. Based upon your findings, make recommendations that will help the organization improve its market orientation

Assignment Writing Format

i. Abstract

ii. Acknowledgement

iii. Content Page

iv. List of chart/figure/table

Introduction

Introduce the topic - marketing strategy (1st paragraph)

1.1 Research Objectives

Findings

• Discuss the definition

• Discuss the equation between marketing strategy and strategic capabilities

• Provide a clear perspective/definition of the said concept and equation.

Analysis

• Brief introduction of the company you have selected.

• Discuss the firms strategic capabilities and whether or how the firm has used it in developing its marketing strategy.

• Discuss the outcome of their action(s).

Conclusion

• State whether strategic capabilities of the firm was successful in developing its marketing strategy.

• Whether they have benefited from the equation.

Recommendations

Write a plan as to what the firm should do to tap into this potential equation to be more effective in ensuring better profitability and success.

v. Appendices

vi. References

Reference no: EM13899910

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