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1、外文翻譯原文:原文:IsMarketientationaSourceofSustainableCompetitiveAdvantageSimplytheCostofCompetingAsbusinessesbecomeincreasinglycompetitivemarketersmustidentifyroutesfimprovedmeasurementof[investmentsinmarketingactivities].(Sca
2、se2001p.1)Dynamisminbusinessenvironmentscausedbyeconomicslowdowngrowthcompetitiveintensityglobalizationmergersacquisitionsrapidfireproducttechnologicalinnovationschallengestopmanagers’abilitytosenserespondtomarketchanges
3、accurately.TheinabilitytosenserespondtomarketchangesquicklyhasledtothedemiseofmanyfirmswithhouseholdnamesincludingKmartCircuitCity.Therefeitiscriticalthatmanageridentifyunderststrategicientationsthatenableafirmtosustainp
4、erfmanceespeciallyinthepresenceofrapidchangesinmarketconditions.Themarketingconceptthathasexistedfmanyyearswasoneofthefirststrategicframewksthatprovidedfirmswithasustainablecompetitiveadvantage(SCA).Academicsfirstbeganre
5、cognizingoperationalizingthemarketingconceptas“marketientation”inthe1990s(KohliJawski1990).Duringthepast20yearshundredsofarticleshavebeenpublishedonmarketientation’seffectonbusinessperfmance(KircaJayachranBearden2005).Ho
6、weverfewstudieshaveinvestigatedthelongertermbenefitsofmarketientation(fexceptionsseeGebhardtCarpenterSherry2006NobleSinhaKumar2002)almostnothinghasbeenpublishedonthisrelationshipusinglongitudinaldata.Thisisanimptantgapbe
7、causeobtainingbusinesssustainabilityremainsakeyconcernfsenimanagers.Thusareplicationextensionofpriwkisneededusingalongerhizontovalidatethefullextentofmarketientation’stimevaryingeffectonbusinessperfmance.Therefeinthisstu
8、dyweuseexistingmeasuresfromtheliteraturetoassesstheperfmanceofmarketientationonlongtermbusinessperfmance.Ourtwospecificquestionsareasfollows:(1)DoesmarketientationcreateasourceofSCAisitarequirementthatcompaniesfacewhenco
9、mpetingintoday’sbusinessenvironment(2)HowmuchisgainedhowlongcanfirmsexpecttheadvantagesfromdevelopingamarketientationtoholdTheliteraturesuggeststhatmarketientation’sprimaryobjectiveistodeliversupericustomervaluewhichisba
10、sedonknowledgederivedfromcustomercompetitanalysestheprocessbywhichthisknowledgeisgaineddisseminatedthroughouttheganization(e.g.Felton1959NarverSlater1990).Asuperiunderstingofcustomerneedscompetitiveactions(i.e.industryst
11、ructurepositionaladvantages)markettrendsenablesamarketientedfirmtoidentifydevelopcapabilitiesthatarenecessaryflongtermperfmance(Day1994).Investmentsincapabilitiessuchasactiveinfmationacquisitionthroughmultiplechannels(e.
12、g.salesfcechannelpartnerssuppliers)incpationofthecustomer’svoiceintoeveryaspectofthefirm’swhichindicatesthatamarketientationmaybetoocostlythatthereturnsarenotlargeenoughtojustifythecostofimplementation(NarverJacobsonSlat
13、er1999).InsummarytheabilityofmarketientationtoprovideanSCAisstillunresolvedbecausetheevolutionarynatureofamarketientationperfmancerelationshiphasnotbeensatisfactilyaddressed.Inthisstudywetreatamarketientation–perfmancere
14、lationshipmerealisticallymefullyasanunfoldingprocessratherthanadiscreteevent.Ourlongitudinalstudydesignenablesustoprovidefurtherinsightsintothedynamicnatureofmarketientation’seffectonbusinessperfmance.EffectofCompetition
15、Pritheeticalempiricalresearchhasinvestigatedtheeffectofmarketientationofafirmindependentoftheientationofthecompetitsintheindustry.Thusafundamentalquestionregardingmarketientationstillremainsunanswered:Doesamarketientatio
16、nstillprovideacompetitiveadvantageifthefirm’scompetitsarealsomarketientedInotherwdsasmefirmsinanindustrybecomemarketienteddoesafirm’smarketientationtransfmfrombeingasuccessprovidertobeingafailurepreventerThatisdomoderate
17、highlevelsofeffttomaintainamarketientationonlypreventfailurenotnecessarilyimproveperfmance(Varadarajan1985)Relatedtothisfirmsinvestingindevelopingamarketientationwanttoknowtheadvantagesobtainedfrombeingthefirsttoadoptama
18、rketientationinanindustry.Earlyadoptersofmarketientationcanobtaininsightsintocustomerneedsbefethecompetition.Respondingtothesecustomerinsightsthroughthedevelopmentofproductserviceinnovationscanprovidefirmswithimprovedbus
19、inessperfmance.Howeverrarelyisaproductservicesafefromimitationbycompetition.Furthermecompetitscandeveloptheirownsystemcultureofbeingmarketientedcanpotentiallychangethemarketstructureaswell.Fexamplepharmaceuticalcompanies
20、derivecompetitiveadvantageswhiletheirproductsareunderexclusivepatentswhichprovidesthemleadtimeindevelopingSCAwhiletheyrecoupresearchdevelopmentcosts.Howevercompetitsoftendeveloppatent“similar”fmularieswhichcouldleadtoind
21、ustryequilibrium.AnexampleinthetechnologyindustryisthecompetitionbetweenIBMHewlettPackard.AlthoughIBMpioneeredtheconceptofasinglefirmprovidinghardwaresoftwareserviceswhichprovidedleadtimeindevelopinganSCAHewlettPackardma
22、tchedthisconcepteventuallysurpassedIBMinbecomingthelargestinfmationtechnologyfirminthewld.Usingauniquepaneldatasetobtainedfrom(1)repeatedsurveysoftopmanagersregardingtheirmarketientation(2)objectivemeasuresofbusinessperf
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