The Use of Intuition in the Sponsorship Decision-Making Process
DOI:
https://doi.org/10.7903/cmr.10174Abstract
This study examines the use of intuition in sponsorship decision-making and seeks to identify factors affecting intuition’s use in the process. Findings support the view that intuition plays an important role in sponsorship decision-making. Support is also provided for the expectation that sponsorship decision-making in large organisations with more formalised decision-making processes is less intuitively based. Furthermore, organisations that place high importance on a trusting relationship when entering into a sponsorship arrangement use relatively high levels of intuition. An association was also found between three aspects of risk exposure and the use of intuition in sponsorship decision-making. This study advances our understanding of the nature of the role of intuition in sponsorship decision-making. The importance of intuition in sponsorship decision-making has been examined in the investment decision-making literature but not the sponsorship literature, and with recent calls for greater use of formalised analytical procedures in sponsorship decision-making, it appears there is considerable potential for decision-makers in the sponsorship area to draw on points of focus raised in this study. Keywords: Sponsorship Decision-Making, Intuition, Investment Decision-Making, Marketing Strategy, Trust, Risk To cite this document: Deborah Delaney, Chris Guidling, and Lisa McManus, "The Use of Intuition in the Sponsorship Decision-Making Process", Contemporary Management Research, Vol.10, No.1, pp.33-58, 2014. Permanent link to this document: http://dx.doi.org/10.7903/cmr.10174Downloads
Published
2014-03-31
How to Cite
Delaney, D., Guidling, C., & McManus, L. (2014). The Use of Intuition in the Sponsorship Decision-Making Process. Contemporary Management Research, 10(1). https://doi.org/10.7903/cmr.10174
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Section
Marketing