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Essays on supplier responsiveness and buyer firm value - Nyenrode ...

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elati<strong>on</strong>ship, which in their nature are l<strong>on</strong>g term, it would be safe to c<strong>on</strong>clude that it<br />

does play a role within the choice of market orientati<strong>on</strong> as a strategic choice.<br />

Soft measures that gauge the experience of a br<strong>and</strong> are more meaningful in<br />

buying center c<strong>on</strong>texts where such soft measures have comm<strong>on</strong>ly shared meaning<br />

am<strong>on</strong>gst its members. It would be possible to have such comm<strong>on</strong>ly shared percepti<strong>on</strong>s<br />

in a culture where there is more cultural homogeneity as compared with<br />

heterogeneity. One of the benefits of having a solid metric to measure against such as<br />

insulati<strong>on</strong> from idiosyncratic risk is that it helps avoid the communicati<strong>on</strong>s pitfall<br />

which can occur with other soft measures whose <strong>value</strong> may differ in the perspective<br />

of different team members.<br />

Furthermore, c<strong>on</strong>trary to existing thought our findings offer evidence that<br />

res<strong>on</strong>ance does not exist between n<strong>on</strong>-financial relati<strong>on</strong>al outcomes <strong>and</strong> risk-based<br />

relati<strong>on</strong>al outcomes in the United States. However, within The Netherl<strong>and</strong>s we do<br />

find evidence for such a relati<strong>on</strong>ship. Therefore, from our evidence the managers<br />

within the United States should look for two independent sets of metrics, whereas in<br />

The Netherl<strong>and</strong>s it may be possible to use idiosyncratic relati<strong>on</strong>al risk as a proxy<br />

measure for satisfacti<strong>on</strong> with the relati<strong>on</strong>ship. However, even in that case it would be<br />

better to have independent metrics because the magnitude of satisfacti<strong>on</strong> <strong>and</strong><br />

idiosyncratic risk may not be the same. The final decisi<strong>on</strong> of which metric to use is<br />

for every organizati<strong>on</strong> to gauge for itself, depending <strong>on</strong> which resp<strong>on</strong>sive maneuvers<br />

will reduce their customers’ risks <strong>and</strong>, in turn, increase the <strong>value</strong> of their br<strong>and</strong>. Since<br />

every customer is unique <strong>and</strong> represents a significant volume of the seller’s sales<br />

volume, then our perspective is that the <strong>supplier</strong> should develop unique resp<strong>on</strong>ses to<br />

each strategic customer or segment to reduce their risk.<br />

3.4 Recommendati<strong>on</strong>s<br />

Our current study is not free from limitati<strong>on</strong>s. For example, our research design could<br />

be improved up<strong>on</strong>. Some researchers have indicated that ethnographies should be<br />

employed to research issues related to culture (Langerak, 2001). The advantage in<br />

their opini<strong>on</strong> is that organizati<strong>on</strong>al culture can be better documented by l<strong>on</strong>g-term<br />

observati<strong>on</strong> techniques, such as ethnographies. They c<strong>on</strong>sider <strong>on</strong>e of the shortcomings<br />

of questi<strong>on</strong>naires to be that they are culturally biased. However, to overcome this<br />

shortcoming, we formed a team of two researchers from diverse nati<strong>on</strong>al cultural<br />

backgrounds while framing the questi<strong>on</strong>s. This step enabled us to cross-check<br />

questi<strong>on</strong>s for any cultural biases. Some cultural biases may be present in more than<br />

<strong>on</strong>e culture but the process of cross-checking involved checking for biases comm<strong>on</strong> to<br />

both cultures, documenting them while framing our questi<strong>on</strong>s in the questi<strong>on</strong>naire,<br />

<strong>and</strong> taking care to avoid the biases. We do recognize that we may have not eliminated<br />

all cultural biases, but we were able to do so to the best of our ability.<br />

Another limitati<strong>on</strong> is the narrow cultural comparis<strong>on</strong> we have at the moment.<br />

Although the US <strong>and</strong> The Netherl<strong>and</strong>s are different in some respects, they share<br />

similarities as well. Both are industrialized nati<strong>on</strong>s, both are vibrant democracies,<br />

both have capitalist ec<strong>on</strong>omies, both have a degree of similar occidental culture, <strong>and</strong><br />

both nati<strong>on</strong>s are internati<strong>on</strong>ally competitive ec<strong>on</strong>omies (Deshp<strong>and</strong>e & Webster,<br />

1989). Some cultural idiosyncrasies do occur, such as acceptance of boasting <strong>on</strong> job<br />

interviews in the United States <strong>and</strong> the preference for modesty in job interviews in<br />

The Netherl<strong>and</strong>s, but nevertheless, they both can be c<strong>on</strong>sidered western cultures.<br />

On the other h<strong>and</strong> comparis<strong>on</strong> with an Asian culture would have provided a<br />

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