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Published on: June 11, 2012
Improving pharmacy performance through market orientation and the implementation of expanded pharmacy services
Grant Alexander Wilson1, Jason Perepelkin2, David Di Zhang3
1Hill & Levene Schools of Business, University of Regina, Canada.
Abstract:
This study seeks to extend the limited knowledge of market orientation's effects in retail pharmacy. Specifically, this study explores market orientation's role in the implementation of expanded pharmacy services and resulting performance implications among Canadian retail pharmacies. The results of the structural equation model showed that market orientation directly influenced the implementation of expanded pharmacy services and professional performance. The implementation of expanded pharmacy services was linked to professional performance and ultimately furthered financial performance. This study highlights the importance of how a market-oriented strategy and a pharmacy's decision to implement expanded pharmacy services can increase the dual objectives of the retail pharmacy.
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