IS FLEXIBILITY A DUAL MECHANISM? EVIDENCE FROM THE HUNGARIAN FOOD INDUSTRY Cover Image

IS FLEXIBILITY A DUAL MECHANISM? EVIDENCE FROM THE HUNGARIAN FOOD INDUSTRY
IS FLEXIBILITY A DUAL MECHANISM? EVIDENCE FROM THE HUNGARIAN FOOD INDUSTRY

Author(s): Allam Yousuf, Judit Olah, Imran Sarihasan, Abdul Rauf, János Felföldi
Subject(s): Business Economy / Management, Micro-Economics
Published by: Fundacja Centrum Badań Socjologicznych
Keywords: mix flexibility; volume flexibility; product development flexibility; competitiveness; performance; food industry;

Summary/Abstract: There is a body of evidence that flexibility as a mechanism can help to increase a company’s performance when an unexpected situation occurs. The food industry is considered one of the best industries and the performance of food industry undertakings accounts for 2.2% of Hungarian GDP. Food companies make up the third-largest manufacturing sector in Hungary. This study aims, therefore, to investigate the impact of operational flexibility on the performance of the Hungarian food industry by considering environmental uncertainty as a moderator. The research is cross-sectional. A customized questionnaire was used to obtain primary data. The questionnaires were distributed to a purposive group of managers, and there were 301 valid replies for statistical analysis. The findings revealed that operational flexibility has a beneficial impact on company success, while uncertainties in supply and demand do not have an effect on this link.

  • Issue Year: 16/2023
  • Issue No: 1
  • Page Range: 83-97
  • Page Count: 15
  • Language: English