Abstract: The dynamic nature of the business environment alongside depleting organizational resources has engendered building strategic relationship as approaches to managing. There is also the need to promptly respond to market needs especially with the increased level of competition amongst firms. In this light, this study seek to examine the empirical relationship between strategic networks and corporate responsiveness in the Nigerian aviation sector. The study was conducted through a cross –sectional survey design therefore used the questionnaire to generate data from a sample of 16 listed firms operating in the downstream sector in the Aviation industry. The instrument has total item reliability Cronbach alpha of 0.78. from the data generated and analyzed, it was clearly shown that strategic networks correlates strongly with corporate responsiveness. The technical network component of strategic network relationship is positive, strong and significant while a negative relationship exist between virtual network and corporate responsiveness. The study concludes that strategic network relationship provides capabilities for relating firms to guarantee corporate responsiveness. The study recommends that firms should create structural linkage that supports both intra and inter firm strategic relationships that facilitate goal attainment.
Keywords: Administrative, Promptness, Strategic Network, Technical, Virtual, Responsiveness.
Title: STRATEGIC NETWORK AND CORPORATE RESPONSIVENESS IN THE NIGERIA AVIATION SECTOR
Author: Christopher Akpotu, Ph.D
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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