The Market Orientation Strategy Model for Healthy Vegetarian Frozen Food Through the ASEAN Economic Community

Authors

  • Chanya Kamboon Business Administration Program in Marketing, Siam University
  • Prin Laksitamas Business Administration Program in Marketing, Siam University

Keywords:

Market Orientation Strategy, Healthy Vegetarian Frozen Food, ASEAN Economic Community

Abstract

This research explores the market orientation strategy model for healthy vegetarian frozen food through the ASEAN economic community. The survey research conducted from July to September 2012 with the objectives: 1) to analyse marketing approach of the entrepreneur in the healthy vegetarian frozen food industry in the adjusting market orientation strategy by separating to external markets (focus on current target, on future target and government support) and internal markets (technology orientations, focus on barriers and risks, focus on the adaptation of entrepreneur) and focus on new product development) and marketing performance (income must be increased, increasing the number of new products and capable of exporting a new product to the ASEAN’s markets) through the ASEAN Economic Community 2) to analyse the variables or factors that affect the intervening variable(Firm Size) and the causal relationship of the marketing performance from the hypothesis and 3) to present a causal relationship model for affecting the marketing performance of the healthy vegetarian frozen food industry. The research methodology used in-depth interview by five government executiveagencies and a quantitative research using questionnaires completed by 549 entrepreneurs. Data analyses used were content analysis, frequency distribution, percentage, arithmetic mean, standard deviation and the evaluation of good-of-fit indices for the proposed Structural Equation Model (SEM) and testifying hypothesis. The findings showed that most of the government agencies supported the communication aspects rather than the money andmarketing approach of the entrepreneur in the healthy vegetarian frozen food industry coming in overall at a high level in the market orientation strategy.The result of statistical significance at 0.05 found that the hypotheses 2, 6, 7, and 8 are all acceptable.Therefore, this model can develop to the parsimonious model (R2 = 42%) which had value of 40 percent or more.

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Published

2022-03-27

How to Cite

Kamboon, C., & Laksitamas, P. (2022). The Market Orientation Strategy Model for Healthy Vegetarian Frozen Food Through the ASEAN Economic Community. Siam University Journal of Business Administration, 15(24), 21–35. retrieved from https://so07.tci-thaijo.org/index.php/sujba/article/view/828

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Section

Research Articles