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Brand compass: charting a course to improve firm performance
Authors:Kerrie Christine Bridson  Jody Evans
Institution:1. Management and Marketing, BL Deakin Business School, Deakin University, Melbourne, Australia;2. Melbourne Business School, The University of Melbourne, Melbourne, Australia
Abstract:This study contributes to the internal brand management domain from a firm asset perspective. We argue brand compass is an inside-out identity-focused firm asset consisting of brand vision, brand commitment and shared brand understanding. We build a theoretical argument for examining brand compass together with two important outward focused orientations: market orientation and innovation orientation. Through structural equation modelling, within the context of retailing, the findings chart a course to improve firm performance.
Keywords:Brand compass  market orientation  innovation orientation
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