
Market Orientation Practices among Micro-Sized Enterprises: A Descriptive Evidence using MKTOR Scale
Author(s) -
Dzulkarnain Musa
Publication year - 2018
Publication title -
international journal of business and management
Language(s) - English
Resource type - Journals
ISSN - 2590-3721
DOI - 10.26666/rmp.ijbm.2018.4.1
Subject(s) - market orientation , scale (ratio) , business , orientation (vector space) , descriptive statistics , stratified sampling , marketing , customer orientation , descriptive research , enlightenment , industrial organization , mathematics , statistics , geography , philosophy , geometry , cartography , theology
Previous studies have found that market orientation practices were important in benefiting the continuity of the business firms. In this regard, the study tries to focus on the market orientation practices using MKTOR scale including customer orientation, competitor orientation and coordination between functions. The survey type of study was carried out among 136 micro-sized enterprises in Perlis and grouped into four major towns using stratified random sampling technique. Results from the descriptive analysis were shown that the mean value for the three market orientation constructs was at medium high level. The issue gives an overview of moderate market orientation practices amongst such enterprises. This finding provides useful enlightenment to micro-sized enterprises and related parties in developing the business in the future. Some implications to the related parties and future suggestions were discussed.