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Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria.

Authors: NWANKWERE Idowu , Asikhia Olalekan , S. Adebola, & Salami Omotayo

Publication Type: Journal article

Journal: Babcock Business And Marketing Review (bbmr)

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Abstract

ABSTRACT

The Nigerian food and beverages manufacturing industry is a major driver of the economy and dynamic capabilities is a major resource that contains competition. However, the high level of competition, constant change in the taste and preferences of customers, and brand consciousness of consumers have endangered the survival of the majority of firms in the industry. The study thus evaluated the relationship between dynamic capabilities and firm performance of selected quoted food and beverages manufacturing companies in Lagos State, Nigeria. The study adopted a survey research design. The population was 692 middle and top level managers of the quoted firms. Total enumeration method was adopted. A questionnaire was adapted and validated for the study. The Cronbach’s alpha coefficients for the constructs ranged between 0.81 and 0.96. The response rate was 92.9% out of 692 copies of the questionnaire administered. The data were analyzed using descriptive and inferential (Pearson Product moment correlation, regression and hierarchical regression) statistics. Findings revealed that there was a significant relationship between product innovation capability and sales growth (r = 0.790; p<0 xss=removed>

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NWANKWERE,I. Asikhia,O. S.,A.A Salami,O. . (2017). Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria., 1 (), 117-117.

NWANKWERE,I. Asikhia,O. S.,A.A Salami,O. . "Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria." 1, no (), (2017): 117-117.

NWANKWERE,I. and Asikhia,O. and S.,A.A and Salami,O. and . (2017). Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria., 1 (), pp117-117.

NWANKWEREI, AsikhiaO, S.AA, SalamiO, . Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria.. 2017, 1 ():117-117.

NWANKWERE,Idowu , Asikhia,Olalekan , S.,A. Adebola, and Salami,Omotayo . "Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria.", 1 . (2017) : 117-117.

N.Idowu A.Olalekan S.A. Adebola & S.Omotayo , "Dynamic Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria." vol.1, no., pp. 117-117, 2017.

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