Journal
INDUSTRIAL MARKETING MANAGEMENT
Volume 43, Issue 1, Pages 25-31Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.indmarman.2013.07.014
Keywords
Marketing capability; Operations capability; Financial performance; Retail; UK
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Drawing upon the resource-based view (RBV) of the firm, this study investigates the relationships among marketing capability, operations capability, and financial performance. Using archival data of 186 retail firms in the UK, we find that that marketing capability has a significant impact on operations capability, and that operations capability is significantly and positively related to retail efficiency. The results also suggest that operations capability fully mediates the relationship between marketing capability and financial performance. The findings of this study provide practical insights for practicing managers to consider when developing functional capabilities in order to achieve superior financial performance. (C) 2013 Elsevier Inc. All rights reserved.
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