Home » Business Admin. and Management » IMPACT OF COMPETITIVE MARKETING ON PERFORMANCE OF MULTINATIONAL AND INDIGENOUS F...

IMPACT OF COMPETITIVE MARKETING ON PERFORMANCE OF MULTINATIONAL AND INDIGENOUS FOOD AND BEVERAGE MANUFACTURING COMPANIES IN NIGERIA

Sold By: Joe Project Store | Item Type: Project Material | Report this?  |  Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 4,438 times

Delivery: Within 24 hours
ABSTRACT 

The research study evaluated the impact of competitive marketing on the performance of 
multinational and indigenous  food and beverage manufacturing  companies  in Nigeria. 
The study investigated how these companies utilized marketing orientation and practices, 
organizational structure and strategy  , marketing strategies on acquisition of market 
shares, usage of marketing mix  elements  on returns on capital employed, and how the 
competitive use of these variables  influence the perception of consumers. The research 
study was  developed around  the theories of  connectionist, personality,  innovation 
diffusion,  and cost  structure and business performance.  These variables were  used to 
evolve a detailed analysis of issues relating  to product quality, organizational structures 
and management theories. Theoretical models were reflected and used in developing five 
different hypotheses that were investigated through the survey of forty multinational and 
one-hundred and twenty indigenous foods and beverage manufacturing companies which 
were respectively randomly selected.  Copies of well structured  questionnaire were 
administered  to companies sampled. The validity and reliability of the instrument were 
measured at Cronbach’s alpha of 0.69 and alternative form validity of 0.62. Five 
hypotheses were raised and tested at 0.05  significant levels. The findings revealed that  
marketing orientation adopted by  multi-national companies (MNCs)  yielded better 
performance than those of  indigenous companies (INCs),  the structure/strategy adopted 
by MNCs yielded better performance than those of INCs, marketing strategies adopted by 
MNCs  yielded  more  market shares than those of INCs,  MNCs use of  elements of 
marketing mix yielded higher rates of returns on capital employed than that of INCs, and 
competitive use of these 4Ps for consumers’ perception by MNCs yielded better 
performance compared to that of  indigenous counterparts. The conclusion from the 
research findings showed that indigenous companies were unable to compete favourably 
because of their limited financial resources. It was recommended that indigenous 
companies should adopt competitive marketing,  functional structure and strategy, with 
five marketing divisions, competitive use of elements of marketing mix, and embark on 
the production of food and beverages for export.
TABLE OF CONTENTS 
 
Title page ........................  (i)  
Certification ................(ii) 
Declaration ..................(iii)....  
Dedication...............................(iv)
Acknowledgement .................... (v-ix) 
Abstract ....................(x) 
Table of Contents..........................(xi-xv) 
List of Tables.............(xvi-xviii) 
List of Figures............................(xix) 
List of Charts.....................(xx) 
List of Appendices...................(xxi) 
List of Models..............(xxii) 
List of Abbreviations...........(xxiii) 

Chapter One: Introduction.... 1

1.1: Background of the Study..........1    
1.2: Statement of the Research Problem. 3  
1.3: Objectives of the Study..... 7  
1.4: Research Questions...................7  
1.5: Research Hypotheses............8  
1.6: The Significance of the Study.........9  
1.7: Operationalization of Research Variables.....10
1.8: Scope of Study....................11
1.9: Limitation of the Study...........12 
1.10. Definition of Operational Terms......13 
1.11: Organization of the Study..........14   
1.12: References. 16 

Chapter Two: Literature Review.. 19   
2.1:    Introduction........19
2.2:    Conceptual Framework...........19 
2.2.1: Competitiveness in Marketing System......21 
2.3:   Types of Marketing Functions...............23 
2.4:   What is Competitive Marketing ?........26
2.5:    Company’s Organizational Structure/Strategy... 57  
2.6:    Multi-national Companies’ Operations......67 
2.6.1: Employment Effects of MNEs by ILO......71
2.7:    Importance of Marketing Strategies.......79
2.8:   Competitive Analysis..... 90 
2.9:   Competitive Advantage...........91 
2.10:  Developing Marketing Strategies..............92 
2.11: Conventional and New Elements of Marketing Mix........94.    
2.12: Company’s Image for Good performance..... 107 
2.13: Global Categorization of Food and Beverage Products.108 
2.14: Theoretical Framework...........109 
2.15. Corporate Differenciation..........109 
2.16.2 Marketing Base Theory of Personality............109 
2.17: Some Theories on Organizational Structure and Strategies......110
2.18: Theories on Strategies...........112 
2.19:  Gap in Literature...... 118...  
2.20  References.....121 
 
Chapter Three: Research Methods....138

3.1: Introduction........ 138    
3.2: Research Methodology.....138 
3.3: Research Design.......139 
3.4: Population of the Study...........139 
3.5: Sample Size Determination................140 
3.6: Sampling Techniques..................142 
3.7: Sample Frame..............143 
3.8: Research Instruments.....143 
3.9: Administration of Research Instrument......145 
3.10: Sources of Data....... 146 
3.11: Method of Data Presentation and Analysis...........146 
3.12: Validity of Research Instrument.......147 
3.13: Reliability of Research Instrument.148 
3.14: References.....150 
 
Chapter Four: Presentation, Analysis, and Interpretation of 
Results.......... 151 

4.1:  Introduction..............151
4.2: Analyses of Registered Members of  F&B companies in Nigeria....  152 
4.3: Questionnaire Distribution/Response Rates, (MNCs/ICs). 153 
4.4: Demographic and Socio-economic Characteristics of Respondents156......
4.5: Summary of Companies’ Classifications, Respondents’ Location, & 
.  Kinds of Operations.............158 
4.6: Structural Presentation of Variables.160 
4.7: Summaries Means & Standard Deviations of Variables.163 
4.8: Test of Hypotheses (Summaries of Analysis of Variance) 171 
4.9: Hypothesis One....... 171
.  Hypothesis Two....... 174 
.  Hypothesis Three.............175.
.  Hypothesis Four....177..... 
.  Hypothesis   Five...................179 
4.10: References...   181 

Chapter Five: Discussion, Conclusion, and Recommendations..... 182
 
5.1:  Introduction........182  
5.2: Theoretical Findings..... 182 
5.2.1: Marketing Orientation and Practices 182  
.    : Roles of Marketing..................182
.    : Marketing Concept..................183 
.    : Marketing Environment..........183 
.    : Market Segmentation...........184 
5.2.2: Organizational Structure..........184 
5.2.3: Marketing Strategies Adoptable To Acquire More Market Shares...   185 
5.2.3.1:Marketing Strategies Adoptable During Periods of Ample Supply of  
Products186 
5.2.3.2: Marketing Strategies Adoptable During Periods of Short Supply  
.. of Products Situation...........186......
5.2.4: Use of Product, Price, Place, and Promotion to Earn Returns on Capital  
..Employed....................187.    
5.2.4.1: Growth of Company’s Profit Using Product, Price, Place and Promotion.    188 
5.3:.Empirical Findings............189 
5.3.1: Hypothesis One.............189 
5.3.2: Hypothesis Two.............191 
5.3.3: Hypothesis Three...... 191 
5.3.4: Hypothesis Four...................193 
5.3.5: Hypothesis Five.............195 
5.4: Performance Indexes of Multi-national vis-à-vis Indigenous  
.  Companies in Food and Beverage Industry in Nigeria (2001-2005)...   195
5.5: Conclusion...............196 
5.6: Implications of the Findings................198 
5.7: Contributions to Knowledge....200 
5.8: Suggestions for Further Research........201 

BIBLIOGRAPHY....  209-229.
= JOURNALS...209-217 
= BOOKS....218-226 
= INTERNET SOURCES.....  227-228 
= OTHER PUBLICATIONS.....  229
 
Appendices.....  230-242   
.Appendix 1: QUESTIONNAIRE......230-240   

LIST OF TABLES  Page(s) 
Table 2.1:.Market Driven Business viz-a-viz Internally Oriented Business.........30 
Table 2.2:.Sun Tzu’s Six Varieties of Terrain.....87 
Table 2.3:.Sun Tzu’s Nine Varieties of Ground.... 90 
Tables2.4&5: Analysis of 7Ps of Marketing Mix....  101 
Table 4.1:.Registered Members of Food, Beverage, and Tobacco....  152 
Table 4.2:    Harmonized Geographical Spread of Registered Food and Beverage Companies in Nigeria..  153
Table 4.3:.Questionnaire Distribution/Response Rates (Multi-national Companies). 154. 
Table 4.4 :    Analysis of Registered Indigenous Companies and their Percentage Contributions.......155 
 Table 4.5:    Questionnaire Distribution/Response Rates of  (Indigenous Companies)........155
Table 4.6:.Demographic & Socio-economics Characteristics of Respondents. 157......
Table 4.7;    Perception of Respondents on  Kinds of Company & Position in  the Industry.................158 
 Table 4.8:    Summary of Means and Standard Deviations of Marketing Roles of both Multi-national and Indigenous Companies163 
Table 4.9:    Summary Means and Standard Deviations of Marketing Concepts of  both Multi-national and Indigenous Companies.164 
Table 4.10:  Summary of Means and Standard Deviations of Marketing  Environment of both Multi-national and Indigenous Companies.  165 
Table 4.11: Summary of Means and Standard Deviations of Market Segmentation of both Multi-national and Indigenous Companies..166. 
Table 4.12: Summary of Means and Standard Deviations of Organizational Structures of both Multi-national and Indigenous Companies... 167 
Table 4.13: Summary of Means and Standard Deviations Using Marketing mix Elements of both Multi-national and Indigenous Companies..168 
Table 4.14: Summary of Means and Standard Deviations of Marketing Strategies of  both Multi-national and Indigenous Companies During Period of Ample Supply of Products.....  170
 Table 4.15: Summary of Means and Standard Deviations of Marketing Strategies of Both Multi-national and Indigenous Companies During Period of Short Supply of Products  171 
Table 4.16: Mean and Standard Deviation of Marketing Orientation  Adopted by Multinational and Indigenous Companies’ in Relation to their Respective  Attained Performances..... 172
Table 4.17: Summary of Analysis of Variance on Marketing Orientation and Practices Adopted and Performances Attained by Multi-national and Indigenous Companies respectively..........172 
Table 4.18: Means and Standard Deviations on Company’s Structures Adopted and Performances Attained by Multi-national and Indigenous Companies..............174 
Table 4.19: Summary of Analysis of Variance on Company’s Structure Adopted and Performance Attained by Multi-national and Indigenous Companies ........175 
Table 4.20: Means and Standard Deviations of Marketing Strategies Adopted and the Extent of the Market Shares Attained by Multinational and Indigenous Companies’ Respectively.....  176
Table 4.21: Summary of Analysis of Variance on Marketing Strategies Adopted and Attained Market Shares by Multinational and Indigenous Companies Respectively...........176  
Table 4.22: Means and Standard Deviations on the Use of Marketing Mix Elements, and the Returns on Capital Employed by Multinational and Indigenous Companies Respectively... 177
Table 4.23: Summary of Analysis of Variance on the Adoption of Marketing mix in form of Product, Price, Place, and Promotion and Returns on Capital Employed by Multinational and Indigenous Companies Respectively.........178
Table 4.24: Means and Standard Deviations of Corporate Image and Performances of Multi-national and Indigenous Companies Respectively.....179 
Table 4.25: Summary of Analysis of Variance of Perceived Corporate Image and the Attained Performances by Multi-national and Indigenous Companies Respectively.... 180 
Table 5.1: Performance Indices of Multi-national and Indigenous Companies in Food and Beverage Industry in Nigeria: Comparative Analysis (2001 " 2005)...........196


LIST OF FIGURES 
 

Figure 2.1:  Model of Literature Review on Competitive Marketing..... 20
Figure 2.2: Modified 3-Stages of Evolution of Marketing in U.S.A..... 33 
Figure 2.3:  The Marketing Concept .............34 
Figure 2.4:   Model of Marketing Concept. ................36. 
Figure 2.5:   Model of Marketing Environment ........44   
Figure 2.6:   Specimen of Organizational Structure Relating to Multinational Organizations Involved in International and Export Business..... 60 
Figure 2.7:  Mother-Daughter Subsidiary Linkage Model....62 
Figure 2.8:  Specimen Company’s Organogram........63 
Figure 2.9:   Forms or Classification of Organizational Structure..64  
Figure 2.10: Model of Small Businesses Characteristics..71 
 Figure 2.11:Model of Porter’s Three Generic Strategies..80 
Figure 2.12: Model of Defensive Strategies..........83  
 Figure 2.13 The Five-Forces Model of Competition.......90 
Figure 2.14 McCarthy, Jerome’ 4Ps of Marketing Mix95 
 Figure 2.15: Market Share Development Tree........104 
Figure 2.16: Sub-Categories of Food and Beverage Products...108 
Figure 2.17:A Stage-by-Stage Diagrammatical Presentation of MNC Evolution..   111   
Figure 2.18: Simplified Version of the Philips, Chang and Buzzel Model..... 113 
Figure 2.19: Roger’s Adoption/ Innovation Curve.............117 

LIST OF CHARTS  

Chart 1: Nature of Companies (Pie Chaet)..........159
Chart 11:Types of Companies  (Pie Chart) ..........160  

LIST OF APPENDICES 

Appendices...........230-242.  
Appendix 1: QUESTIONNAIRE.....   230-242 


LIST OF MODELS GENERATED BY THE RESEARCHER 
 
2.1 : Model of Literature Review on Competitive Marketing.................20 
2.10: Model of Small Business Characteristics.....  71 
2.16: Step-by-Step Diagrammatical Presentation of MNCs Evolution (Phataric Theory)........111 
 Models of Structural Presentations of Variables.....   160 
4.3.1 Marketing Orientation and Practices Model......160 
4.3.2 Organizational Structural Model...161 
4.3,3 Strategies Marketing Model....  161
 Summary Explanation on Model Specification....162

LIST OF ABBREVIATIONS 
  IMC    =  Integrated Marketing Communication. 
  F&B =  Food and Beverage Companies. 
  FAO    =  Food and Agriculture Organizations. 
  MNCs    =  Multi-national Companies. 
  INCs  =  Indigenous Companies. 
  R & D =  Research and Development. 
  QSRB    =  Quick Service Restaurant Business 
  AMA    =  American Marketing Association 
  DM=  Direct Marketing. 
  SWOT.  =  Strength, Weakness, Opportunity, and Threats. 
  OPMIC.  = Organizational Performance of Multi-national and Indigenous Companies.  
  CMPMIC  = Competitive Marketing of Multinational and  Indigenous Companies. 
  ROCE    = Returns on Capital Employed. 
  AFBTE    = Association of Food, Beverage and Tobacco  Employers’ 
  MNE    =  Multi-national Enterprises 
  MAN..  =  Manufacturers’ Association of Nigeria. 
  SITC..  =  Standard International Trade Classification.. 

This material content is developed to serve as a GUIDE for students to conduct academic research



Delivery: Within 24 hours

Advertise Here

For advertisement, call 08168958821

Not what you were looking for? Perform a search

What's your project topic?


Comment on Facebook: