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A Proposed Conceptual Framework for Market Orientation and Innovation towards Takaful Performance in Malaysia
Author(s) -
Norizan Remli,
Wan Norhayate Wan Daud,
Fakhrul Anwar Zainol,
Hamizah Muhammad
Publication year - 2013
Publication title -
international journal of business and management
Language(s) - English
Resource type - Journals
eISSN - 1833-8119
pISSN - 1833-3850
DOI - 10.5539/ijbm.v8n7p100
Subject(s) - market orientation , conceptual framework , business , sample (material) , conceptual model , marketing , market penetration , the conceptual framework , knowledge management , industrial organization , computer science , sociology , art , social science , chemistry , chromatography , database , performance art , art history

This paper aims to propose a conceptual framework to study the relationship between Market Orientation and Organizational Performance from Takaful Business’s standpoint in Malaysia. The Innovation was added in this research to represents the mediating factor. Apparently the framework suggests that Market Orientation has positively effects Performance of the organization. Considering Innovation as the catalyst within the relationship, the mediating effect of it is to be investigated. From the review of literatures, hypotheses were developed to suggest the relationship between the Market Orientation, Innovation and Performance by choosing the Takaful Operators in Malaysia as the research sample. The findings of this research are expected to provide new ideas for the representative specially Marketing Manager from Takaful industry to increase their level of market penetration which is still low at the present.

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