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Integration Strategies and Competitive Advantage in Manufacturing Sector: Evidence from Ogun State, Nigeria

Author

Listed:
  • Okafor Linus Izediuno

    (Department of Business Administration, Bells University of Technology, Ota, Nigeria)

  • Ifekwem Nkiruka Eugenia

    (Department of Business Administration, Bells University of Technology, Ota, Nigeria)

  • Bello Bashiru Akande

    (Department of Business Administration, Bells University of Technology, Ota, Nigeria)

  • Ajayi Mobolanle Adunola

    (Department of Business Administration, Bells University of Technology, Ota, Nigeria)

  • Omotola Bamigbaiye-Elatuyi

    (University of Lagos, Nigeria)

  • Adebiyi Omolola Oladunke

    (Department of Business Administration, Bells University of Technology, Ota, Nigeria)

  • Modibbo Usman Aliyu

    (Department of Business Administration, Bells University of Technology, Ota, Nigeria)

  • Nnoli Ikenna Theodore

    (Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Nigeria)

Abstract

The study examined the joint impact of vertical and horizontal strategies on competitive advantage. Data were collected from primary sources using a questionnaire Survey, administered to employees of ten manufacturing firms in Ogun state. A total of three hundred and eighty-four (384) copies of the questionnaire were distributed to the selected respondents as arrived at using the Taro Ya-mane formula. The hypotheses of the study were tested using the Pearson correlation coefficient and multiple regression analysis in other to determine whether to accept or reject the null hypotheses (H0). The results of the Pearson correlation coefficient rejected the null hypotheses (Null hypotheses 1 and 2) and accepted the alternative hypotheses 1 and 2. The final hypothesis was tested using multiple regression analysis. The result showed that both vertical integration strategies and horizontal integration strategy with coefficients of 0.556 and 0.843 had a positive and significant impact on competitive advantage. From the findings of the study, the study recommended that collaboration between companies in the same industry can lead to improved vertical integration and increased competitive advantage. The government should therefore encourage such collaboration through the creation of industry associations or other forums where companies can share knowledge and best practices.

Suggested Citation

  • Okafor Linus Izediuno & Ifekwem Nkiruka Eugenia & Bello Bashiru Akande & Ajayi Mobolanle Adunola & Omotola Bamigbaiye-Elatuyi & Adebiyi Omolola Oladunke & Modibbo Usman Aliyu & Nnoli Ikenna Theodore, 2024. "Integration Strategies and Competitive Advantage in Manufacturing Sector: Evidence from Ogun State, Nigeria," International Review of Management and Marketing, Econjournals, vol. 14(4), pages 103-112, July.
    • Handle: RePEc:eco:journ3:2024-04-11
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Competitive Advantage; Horizontal Integration; Integration Strategy; Vertical Integration;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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