Volume 17 Issue 1, April 2022
ARTICLE INFO
Article History:
Received: 27 February 2021
Accepted: 7 February 2021
Published: 30 April 2022
FIRM FOCUS, MARKET ORIENTATION AND FIRM PERFORMANCE WITHIN THE HEALTH INSURANCE INDUSTRY
Mohammed Majeed1*, Kwabena Ekremet2 and Setsoafia-Tukpeyi Godwin2
1Department of Marketing, Tamale Technical University and
University of Professional Studies, Accra (UPSA)
2Department of Marketing, University of Professional Studies, Accra (UPSA)
Marketing orientation of businesses has become a strategy and priority for service providers in building strong value for customers by predicting and adapting to competitor innovations and services. This study looked at firm focus, firm performance and the three dimensions of market orientation using 168 respondents from the private health insurance industry. The study found that firms paying critical attention to the exclusive needs of their customers and competitor services remain stronger in the market. The study revealed that in order to improve long-term outlook, health insurance firms are required to implement the requisite market orientation dimensions to increase the success of firm performance.
Keywords: firm focus, market orientation, firm performance, health insurance, SDGs