Business Tools
The information presented (Ch. 12) notes that the perception of respect is an important determinant of customer satisfaction. The company, Campbell-Ewald, used surveys to determine the importance of respect to customer loyalty, and further linked loyalty to purchasing. The company's surveys sought to operationalize respect using a number of questions. Its output is a set of five "people principles" that it believe are correlated with customer perception of respect. Customers want to feel appreciated, actions matter more than intentions, customers want companies to listen, it's about the customer and customers want companies to admit when they make mistakes.
The survey questions were responded to in a Likert scale from 1-5 ranging from "strongly agree" to "strongly disagree." This provides information not only about the importance of respect but also the key issues that are the most important to customers. The questions that score the highest are the most important.
I feel that this approach is a strong one. It is important for businesses to be able to get a sense of the...
Another approach to the survey study is to launch an online survey site for Starbucks customers. Qualified respondents will be randomly selected through a program integrated in its POS system, which will identify which customer will be randomly picked for the survey. To encourage 100% response from customers, these randomly selected customers will receive a "gift" or token for their participation in the online survey, to be claimed after they
Q7. The survey should be demographically balanced: in other words, it should be representative of the consumers whose behavior the survey was designed to assess in terms of gender, ethnicity, and socioeconomic status. The questions should be clear and simple, and free from misleading wording that could influence the results. The survey questions should be internally consistent -- in other words, responses that indicate wildly different views in the responses
Furthermore, the research will eventually lead to the development of both an understanding and a means through which an individual can improve his or her business sense. Though some papers have been published on this topic, there has not been enough research in this respect. Some preliminary questions will address;. Is the brain programmed for business success in all individuals? If one can remember most effectively images and associations, why do so
Business Methods In order to study career aspirations, a survey of fifteen students was conducted to determine what level the student expected to achieve as their highest level. The students polled were all business students. The unit of analysis was scalar, with the options reflecting hierarchical levels within a corporation. The results of the survey were as follows: Executive Upper Management Middle Management Lower Management Non-Management These results show that business students have a wide range of
Business Research Methods The company selected for this particular analysis is Samsung Group. This public company is one of the biggest companies in the mobile industry. The following table will outline the SWOT analysis of the company. Strengths Easy integration with different operating systems and software Customer loyalty High level of innovation and design Low production costs Strong brand marketing Significant share market in many products Weaknesses Too reliant on other software companies Place emphasis on too many products Patent infringements Minimal profit
Other pertained to the consumer's preferred method of going to the Starbucks, such as whether the consumer usually patronized the same Starbucks; frequency of patronization; preference for taking out beverages vs. eating in; and the usual size of the consumer's beverage. Finally, more subjective responses were requested, such as whether the store's customer service was good and the prices were fair. Classification of findings Findings were classified on a nominal basis,
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