2019
DOI: 10.1080/0965254x.2019.1609571
|View full text |Cite
|
Sign up to set email alerts
|

The impact of internal, external, and competitor factors on marketing strategy performance

Abstract: Strategy formulation is commonly understood as the match between a firm's internal resources and skills and its external environment. Marketing strategy performance is the function of a dynamic, interactive process incorporating internal firm resources, external environmental factors and competitive actions. The study aims to assess the impact of competitor actions on marketing strategy performance. We develop a model that accommodates the effects of 29 variables (comprising internal marketing strategy variabl… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
14
0
2

Year Published

2020
2020
2023
2023

Publication Types

Select...
9

Relationship

0
9

Authors

Journals

citations
Cited by 24 publications
(16 citation statements)
references
References 70 publications
0
14
0
2
Order By: Relevance
“…The study found that internal business factors have a larger positive impact on a firm's performance than industry factors. And in a study by Ibrahim and Harrison (2019), the results show that external factors, in particular, competitors' marketing mix elements, have a greater influence on a company's business performance than internal (marketing and non-marketing) strategy variables. Implications for marketing theory and management are discussed.…”
Section: Empirical Literature Reviewmentioning
confidence: 95%
“…The study found that internal business factors have a larger positive impact on a firm's performance than industry factors. And in a study by Ibrahim and Harrison (2019), the results show that external factors, in particular, competitors' marketing mix elements, have a greater influence on a company's business performance than internal (marketing and non-marketing) strategy variables. Implications for marketing theory and management are discussed.…”
Section: Empirical Literature Reviewmentioning
confidence: 95%
“…In addition, the opportunity for credit/investors to open in the sugar industry will help companies to develop their businesses (Dang, 2022) The weak bargaining power of new competitors also makes it easy to optimize the company's strategy (Antai & Mutshinda, 2021;Ibrahim, 2020). The existence of technological developments also has an influence on the utilization of sugar factory waste.…”
Section: Opportunitiesmentioning
confidence: 99%
“…'External factors' is a broad concept that covers many perspectives. 'Environmental factors' appear to be narrower in scope, referring to the situations where a person is encountered with issues relating to the environment, especially in the retail industry (Ibrahim & Harrison, 2019). Hence environmental factors are considered as a more appropriate scope for this study.…”
Section: Environmental Factorsmentioning
confidence: 99%