Is flexibility a dual mechanism? Evidence from the Hungarian food industry
Vol. 16, No 1, 2023
Allam Yousuf
Wittenborg University of Applied Sciences, Netherlands; Erasmus University College, Netherland allam.yousuf@wittenborg.eu ORCID 0000-0003-0262-1890 |
Is flexibility a dual mechanism? Evidence from the Hungarian food industry |
Judit Oláh
John von Neumann University Hungary, Department of Public Management and Governance, College of Business and Economics, University of Johannesburg, Johannesburg, South Africa olah.judit@uni-neumann.hu ORCID 0000-0003-2247-1711 Imran Sarihasan
Institute of Philosophy and Sociology (ifispan) Polish Academy of Sciences (PAN) Poland imran.sarihasan@ifispan.edu.pl ORCID 0000-0002-1608-4144 Abdul Rauf
Wittenborg University of Applied Sciences, Netherlands rauf.abdul@wittenborg.eu ORCID 0000-0003-4269-7275 Janos Felföldi
University of Debrecen, Faculty of Economics and Business Hungary felfoldi.janos@econ.unideb.hu ORCID 0000-0002-3895-6636
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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. |
Received: April, 2022 1st Revision: February, 2023 Accepted: March, 2023 |
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DOI: 10.14254/2071-8330.2023/16-1/6
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JEL Classification: O01, M10, M1 |
Keywords: mix flexibility, volume flexibility, product development flexibility, competitiveness, performance, food industry |