In: Finance
1- Are Islamic companies more market oriented than the
Conventional companies? Explain
2- Is there is a relationship between being market oriented and
financial stability and performance in both Islamic and financial
companies? Explain
Answer 1)
Yes, Islamic Companies more market oriented than the convention companies. because of Islamic-based view of a market-oriented cultural model that aims to help understand how cultural principles, practices, and values are discussed within an Islamic culture, and subsequently, understand the effects of this view on the market performance of the exporting firms. Reviews of literature in market orientation and cultural values served as a foundation for the development of the conceptual arguments. The model is adapted from several market orientations and cultural frameworks Findings – National culture, which underlines employee's cultural values, attitudes, and beliefs, has a profound impact on organizations and thus its impact on market performance should not be underestimated.
therefore the Islamic companies are more market oriented than the conventional companies.
Ans 2
Relationship between market orianted and financial stability in the Islamic and financial companies.
Islamic companies are more market orianted there fore it can be say it is not financial stability in that company which are market orianted, and the financial stability is in the financial companies are likely to be disturbed due to inherent limitation of financial risk factor. there fore relationship between market orianted and financial stability are advese effect in the both the companies.