The influence of competition environment and strategic orientation on investments: Survey of companies operating in Finland

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorSöderström, Jami
dc.contributor.departmentMarkkinoinnin laitosfi
dc.contributor.departmentDepartment of Marketingen
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.date.accessioned2014-02-19T13:12:11Z
dc.date.available2014-02-19T13:12:11Z
dc.date.dateaccepted2013-12-05
dc.date.issued2013
dc.description.abstractOBJECTIVE OF THE STUDY: Market environment confronted by companies comes as given, and to overcome the challenges in the industry, companies aim to fit their strategy according to the competition. Strategies alone lead nowhere. Successful strategy requires concrete actions. For concrete actions to be possible, they require investments, for example to marketing, to different projects, to digitalization of products and services, and most of all, to personnel to carry out all those tasks. This research aims to investigate the relationship between challenges in the market environment and companies' investments. METHODOLOGY: This research applied data collected from 109 companies, which are belonging to 250 largest companies operating in Finland. Two multivariate techniques were used to analyze the data. First, factor analysis was conducted in order to define the underlying dimensions of competition environment and strategic orientation. Second, regression analysis was performed to study the relationship between those underlying dimensions and company investment orientation. FINDINGS: The factor analysis revealed 4 factors of which 3 were identified as competition environmental factors and one for strategic orientation factor. Factors found were technology turbulence, market turbulence, competition intensity and service improvement orientation. After identifying different underlying dimensions, these factors were subjected to multiple regression analysis to further investigate the relationship between those dimensions and different investment orientations. In the multiple regressions analysis, correlations were found between those factors and investments in 'Market research and competitor analysis', 'Product or service improvement projects', 'Digitalization of products and services', 'Marketing communication and promotions' and 'Staff development'.en
dc.ethesisid13511
dc.format.extent43
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/12639
dc.identifier.urnURN:NBN:fi:aalto-201402231467
dc.language.isoenen
dc.locationP1 Ifi
dc.programme.majorMarketingen
dc.programme.majorMarkkinointifi
dc.subject.heleconmarkkinointi
dc.subject.heleconmarketing
dc.subject.heleconstrategia
dc.subject.heleconstrategy
dc.subject.heleconmarkkinat
dc.subject.heleconmarkets
dc.subject.heleconkilpailu
dc.subject.heleconcompetition
dc.subject.heleconinvestoinnit
dc.subject.heleconinvestment
dc.subject.heleconkilpailukyky
dc.subject.heleconcompetitiveness
dc.subject.heleconkehitys
dc.subject.helecondevelopment
dc.subject.heleconarviointi
dc.subject.heleconevaluation
dc.subject.keywordmarketing
dc.subject.keywordmarkkinointi
dc.subject.keywordcompetition
dc.subject.keywordkilpailu
dc.subject.keywordcompetitive advantage
dc.subject.keywordkilpailuetu
dc.titleThe influence of competition environment and strategic orientation on investments: Survey of companies operating in Finlanden
dc.typeG2 Pro gradu, diplomityöfi
dc.type.dcmitypetexten
dc.type.ontasotMaster's thesisen
dc.type.ontasotPro gradu tutkielmafi
local.aalto.idthes13511
local.aalto.openaccessyes
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