An investigation on different factors influencing on target market selection in petrochemical industry

This paper presents an empirical investigation to determine important factors influencing on selection of petrochemical market. The survey has accomplished among 97 randomly selected experts in petrochemical industry in Iran. The survey designs a questionnaire and distributes it among some experts a...

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Main Authors: Saeedeh Koohi, Ali Alikhani
Format: Article
Language:English
Published: Growing Science 2014-06-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol4/msl_2014_116.pdf
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author Saeedeh Koohi
Ali Alikhani
author_facet Saeedeh Koohi
Ali Alikhani
author_sort Saeedeh Koohi
collection DOAJ
description This paper presents an empirical investigation to determine important factors influencing on selection of petrochemical market. The survey has accomplished among 97 randomly selected experts in petrochemical industry in Iran. The survey designs a questionnaire and distributes it among some experts and using binomial test; it has confirmed that except one factor, cultural affairs, other issues including political, cultural, regulations, economic, infrastructure, market potential, buyers’ potentials and buyer’s positions influence on market development. The implementation of Freedman test has indicated that Buyers’ positions are number one priority followed by buyers’ potentials, rules and regulations.
format Article
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institution OA Journals
issn 1923-2934
1923-9343
language English
publishDate 2014-06-01
publisher Growing Science
record_format Article
series Management Science Letters
spelling doaj-art-9cc0f193ae3644f2b49fcc15a9ce41992025-08-20T02:20:19ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-06-01461293129810.5267/j.msl.2014.4.013An investigation on different factors influencing on target market selection in petrochemical industrySaeedeh KoohiAli AlikhaniThis paper presents an empirical investigation to determine important factors influencing on selection of petrochemical market. The survey has accomplished among 97 randomly selected experts in petrochemical industry in Iran. The survey designs a questionnaire and distributes it among some experts and using binomial test; it has confirmed that except one factor, cultural affairs, other issues including political, cultural, regulations, economic, infrastructure, market potential, buyers’ potentials and buyer’s positions influence on market development. The implementation of Freedman test has indicated that Buyers’ positions are number one priority followed by buyers’ potentials, rules and regulations.http://www.growingscience.com/msl/Vol4/msl_2014_116.pdfPetrochemical industryTarget marketBuyers’ position
spellingShingle Saeedeh Koohi
Ali Alikhani
An investigation on different factors influencing on target market selection in petrochemical industry
Management Science Letters
Petrochemical industry
Target market
Buyers’ position
title An investigation on different factors influencing on target market selection in petrochemical industry
title_full An investigation on different factors influencing on target market selection in petrochemical industry
title_fullStr An investigation on different factors influencing on target market selection in petrochemical industry
title_full_unstemmed An investigation on different factors influencing on target market selection in petrochemical industry
title_short An investigation on different factors influencing on target market selection in petrochemical industry
title_sort investigation on different factors influencing on target market selection in petrochemical industry
topic Petrochemical industry
Target market
Buyers’ position
url http://www.growingscience.com/msl/Vol4/msl_2014_116.pdf
work_keys_str_mv AT saeedehkoohi aninvestigationondifferentfactorsinfluencingontargetmarketselectioninpetrochemicalindustry
AT alialikhani aninvestigationondifferentfactorsinfluencingontargetmarketselectioninpetrochemicalindustry
AT saeedehkoohi investigationondifferentfactorsinfluencingontargetmarketselectioninpetrochemicalindustry
AT alialikhani investigationondifferentfactorsinfluencingontargetmarketselectioninpetrochemicalindustry