Research Article

Navigating the Food Service Industry: The Impact of Shared Vision, Cooperation, and Empowerment as Core Competence on Competitive Advantage

498 reads
Psych Educ Multidisc J, 2024, 20 (3), 331-340, doi: 10.5281/zenodo.11366280, ISSN 2822-4353

Abstract

This study looks into how core competence which focuses on shared vision, cooperation, and empowerment affects competitive advantage in the food service business, which is facing pressures from disruptive competition and growing consumer demand for sustainable and better food options. The study measures competitive advantage through business flexibility and responsiveness. It employs a descriptive-correlational research design and a purposive sampling technique, intentionally selecting fifty employees from various food service establishments, including fast-food chains, restaurants, and cafes, as respondents. Data was gathered using a modified version of an existing questionnaire, which included sections on demographics, core competence, and competitive advantage. A five-point Likert scale was used to collect the responses. The study reveals that there was a high degree of core competence in the food service industry, in general. It also discovered that businesses in the food service sector frequently have a very high degree of competitive advantage. Further, the findings show a significant positive relationship between competitive advantage and core competency, underscoring the significance of empowerment, collaboration, and shared vision in fostering flexibility and responsiveness, consequently gaining a competitive advantage in the marketplace. These results suggest that for businesses in the food service sector to obtain a competitive edge, they should prioritize strengthening and expanding their core competencies. The study is important for workers, managers, owners of businesses, consumers, academic institutions, and upcoming researchers. However, this study may have certain limitations regarding its scope and objectives, as it was conducted within a specific context and time frame which may not encompass all possible scenarios or changes over an extended period. Thus, the result of this research should be interpreted within these limitations, and future research is recommended to validate and expand upon these results.

Keywords: philippines, competitive advantage, core competence, Shared Vision, food service industry

Blockchain Confirmation

Loading...
If you want to upload this article to SciMatic Hybrid Blockchain, install MetaMask extension to your web browser, create a wallet and buy SCI coins at SciMatic using credit or contact your country coordinator.
One article costs 10 SCI coins to be in the Blockchain. Buy SCI Coins

Bibliographic Information

Dana Florendo, Noreen Canini, Najib Macasasa, Aina Lou Badua, Kesiah Amor Canini, Bob Agustin Gelacio, (2024). Navigating the Food Service Industry: The Impact of Shared Vision, Cooperation, and Empowerment as Core Competence on Competitive Advantage, Psychology and Education: A Multidisciplinary Journal, 20(3): 331-340
Bibtex Citation
@article{dana_florendo2024pemj,
author = {Dana Florendo and Noreen Canini and Najib Macasasa and Aina Lou Badua and Kesiah Amor Canini and Bob Agustin Gelacio},
title = {Navigating the Food Service Industry: The Impact of Shared Vision, Cooperation, and Empowerment as Core Competence on Competitive Advantage},
journal = {Psychology and Education: A Multidisciplinary Journal},
year = {2024},
volume = {20},
number = {3},
pages = {331-340},
doi = {10.5281/zenodo.11366280},
url = {https://scimatic.org/show_manuscript/2974}
}
APA Citation
Florendo, D., Canini, N., Macasasa, N., Badua, A.L., Canini, K.A.., Gelacio, B.A., (2024). Navigating the Food Service Industry: The Impact of Shared Vision, Cooperation, and Empowerment as Core Competence on Competitive Advantage. Psychology and Education: A Multidisciplinary Journal, 20(3), 331-340. https://doi.org/10.5281/zenodo.11366280

Author Information

  • To change your profile photo, login to scimatic.org, go to your profile and change the photo.
  • Provide a face photo, and not full body.
  • It is better to remove the background from your photo. Go to Remove Background and then upload to profile
  • If you are unable to login, go to Reset My Password provide your email registered with the article and get new password.
  • In case of any other problem, contact your editor directly or write to us at info @ scimatic.org