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Attracting and retaining customers in South Adrica's banking sectorAnani, Ajibola Plakunle January 2010 (has links)
The business environment and the economy of the society today are continuously witnessing the impact of globalisation. Telecommunication advancement and transportation has greatly made the impact of globalisation to be felt. Globalisation though argued to have its merits and its demerits have resulted in fierce competition amongst businesses. The banking industry is not isolated from these competitions. Any business wishing to survive and stay profitable in the recent world must be able to compete in the global economy. Hence, for any bank to sustain itself and remain profitable it must be able to withstand the competition in the environment it operates. To be able to compete in the banking industry means delivering better services to customers than competitors. This study presents how the South African banks can satisfy their customers and remain profitable in the face of competition. The South African banking industry consists of local and foreign banks and these banks compete for customers in the environment in which they are located. Increase in different branches by different banks has made the competition even fierce. In other to suggest recommendations for the South African banks to satisfy their customers and become profitable, the researcher identified some problem areas that need to be improved upon. These include customer loyalty, relationship banking and electronic banking. These variables were researched to understand how they affect the banks and the customers and where tested using both a qualitative and a quantitative analysis to ascertain if the customers were satisfied with the banks‟ approach of managing these variables. The results indicated that the customers were satisfied to a lesser extent. Any bank wishing to satisfy its customers and remain profitable in other to compete in the industry needs to satisfy the customer to a large extent. Therefore, recommendations where suggested based on the empirical results to help improve the banking industry‟s ways of attracting and retaining customers. The former will lead to customer satisfaction which again will lead to increased profitability.
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Effectiveness of ABSA business bank's customer relationship management practices in maintaining loyalty among customers in the Eastern Cape provinceMaphakisa, Motaboli David January 2014 (has links)
Thesis (M. Tech. (Business Administration )) - Central University of Technology, Free State, / Traditionally, commercial banking in South Africa has been dominated by the big four namely Amalgamated Banks of South Africa (ABSA), First National Bank (FNB), Nedbank, and Standard Bank. Although still dominated by the big four, other smaller banks such as Capitec and African Bank have made inroads into retail banking. This situation arose due to liberalization of the financial services sector since democratisation in South Africa in 1994 which has paved the way for proliferation of the banking industry. This has in turn led to intense competition among banks for customers. Banks in South Africa therefore have the uphill task of retaining their existing customers whilst acquiring newer ones. As a result, South African banks are being compelled to become more customer focused/ oriented. Meanwhile, a key component of most initiatives to become more customer-oriented is the successful implementation of customer relationship management (CRM). A compelling view of CRM is that organisations generate a great deal of data about customers that they can use to build customer profiles in order to serve them better. South African banks therefore need to adopt and implement innovative CRM strategies to maintain a competitive edge in the marketplace.
Most banks have a section that only deals with business clients. This is referred to in banking parlance as Business Banking. One of the critical elements of Business Banking is the high level of relationship banking – a service designed to meet the financial needs of clients through the development of a long-term relationship. This type of service delivery is unique and expensive compared to the traditional retail bank delivery system. As a result, the bank must be in position to monitor the profitability of each relationship to ensure that the right clients are serviced in the right way and are meeting the required value proposition. Therefore, if the South African banks in general need to adopt and implement effective CRM strategies, then the need is even greater for the Business Banking section in order to survive in the marketplace.
Absa Business bank went through an operating model change in 2011 which necessitated some structural changes including changes in its CRM practices. Mindful of the value of retaining existing customers and attracting new ones, Absa would want to know whether its current CRM practices are effective in ensuring that customers become more loyal to Absa business bank.
In general terms, this study investigated the concept of CRM and its influence on customer loyalty and retention. Specifically, the study investigated Absa Business Bank’s CRM practices in relation to customer loyalty and retention using primary data from employees, management, and customers from the Eastern Cape Region in South Africa.
The results of the study are very revealing. Among others, the study shows that bank staff commitment to offering excellent service; building trust with customers; communicating with customers in a timely manner; and proactive conflict handling are important for bank image, customer word-of-mouth behaviour towards the bank and these ultimately influence bank customer retention and loyalty.
On the basis of evidence from the study it is safe to conclude that customer loyalty can be attributed to CRM and more specifically those aimed at building trust, demonstrating commitment to service, communicating with customers in a timely, reliable and proactive fashion, and handling conflict efficiently.
This report contains the major findings of the study alongside recommendations for practice and further research.
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The influence of transformation on financial performance of operational level of retail businesses : a case studySimamane, Xolani Protus January 2016 (has links)
Submitted in fulfillment of the requirements for the Masters Degree In Management Sciences Business Administration, Department of Entrepreneurial Studies and Management, Durban University of Technology, Durban, South Africa, 2016. / The retail industry is arguably one the most prosperous sectors in the global economy. Retail’s importance lies in the fact that it serves as an intermediary between producers and consumers. Given its significance in the everyday lives of people in communities and its role in national economies, the industry operates under extensive competition driven by growth in Information Technology which has dramatically changed the consumption patterns and buying behavior of consumers today. The changes are greatly influenced by different economic factors that impose change in the industry and impact on the bottom line of businesses. Thus, retailers are constantly realigning their businesses in ways that ensure that old customers are kept and new ones are sourced. It is from the foregoing that this study sets out to investigate the influence of transformation on the financial performance of the operational level of retail businesses: A case study.
Using a quantitative research method, the study focused on 101 middle level branch managers of The South African Post Office obtained through the simple random technique. The questionnaires were administered to the branch managers and the data obtained was analysed using SPSS software.
Findings from the study revealed that the overall business transformation has a positive impact on the financial performance of businesses. The results further revealed that continuous communication with regards to transformation inspires confidence among employees, thereby leading to productivity and the achievement of organisational goals and objectives. Findings also suggest that productive employees contribute positively to the financial performance of the business. The study recommends that retail businesses should consider overall business transformation in terms of structural design change, Information Technology, products and services and employee motivation to keep business relevant in the ever-changing global economy. / M
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Facing the new challenges of consumerism in financial services : market segmentation and value chain re-engineering at Old MutualPotgieter, Christopher 12 1900 (has links)
Thesis (MBA)--Stellenbosch University, 2000. / ENGLISH ABSTRACT:The financial services industry in South Africa, and indeed internationally, is
facing enormous challenges in terms of defining and implementing effective
business models to compete in the new economy. Dated paradigms, such as
market share being the main driver of profitability and product-push sales
models, are increasingly being challenged by a shifting balance of power towards
the consumer. The consumer's purchasing power is being strengthened by the
increasing commoditisation of financial products and the proliferation of channels
through which products can be purchased. Competitive differentiation purely on
the basis of price, product, place and promotion is thus becoming more difficult.
Financial services companies have to reinvent their business models to account
for the fast changing consumer landscape. The ownership and management of
customer relationships and the lifetime value of customers are key factors
influencing the revision of business strategies. This study serves as a case study
of the strategies that Old Mutual has put in place and is now implementing to rise
to the challenges of the new market. The requirement for market segmentation
and value chain re-engineering is investigated in detail. These strategies are
critically evaluated against the modern thinking of international business
strategists. The specific subordinate focus points for the study comprise the
following:
i. Industry and competitive conditions
ii. Key success factors for organisational transformation and customercentricity
iii. Market segmentation and value chain re-engineering
iv. Customer relationship management (CRM) and the role of technology
v. Product and channel dynamics
vi. Organisational implications for Old Mutual
It becomes evident from the case study that financial institutions such as Old
Mutual must continue and even accelerate their transformation from
product-centric to customer-centric enterprises. This transformation will enable
them to address effectively the issues they face today: decreasing customer
satisfaction, increased competition, and multiplying customer management costs.
A valid approach to initiating customer-centricity is through the segmentation of
the market - identifying customer segments that are distinct in terms of
demographics, attitudes and behaviours. New value propositions can then be
developed that fit the needs and wants of the segments. These propositions
should encompass the total value delivery chain - brand, product, channel and
service in such a manner that it makes economic sense. Companies need to
assess existing propositions and marketing initiatives in the light of the
segmentation exercise to determine whether there any opportunities to fill gaps,
create new businesses or to terminate value destruction.
The development of segment specific propositions must be underpinned by
business processes and complimentary structures, controls and systems. This
requires a fundamental alignment of the organisation to deliver customer focused
value propositions. Entrenched interests in existing structures and an inward
focus as opposed to an outward (market) focus are major obstacles in this
alignment process. Intervention and leadership is required to affect the
necessary transformation. Alignment is needed throughout the organisation for
this type of transformation to succeed. Old Mutual is acutely aware of these
obstacles and has committed to the new strategy at executive level.
Many institutions are tempted to spend time and effort building CRM capabilities
in the belief that these alone will deliver success. However, without a clear,
compelling value proposition, the power of marketing is limited. Instead
institutions must develop value propositions that give them an edge over product
focused rivals. They can then use CRM tools to extract maximum value from their competitive advantage. An emphasis on relationships can indeed become
part of their strategy, but first they must make sure that enough customers value
the proposition sufficiently to make it profitable, and that they can deliver on that
promise.
Technology investments alone will therefore not allow a company to transform to
a customer-centric enterprise. These investments must be coupled with
commensurate investments in organizational restructuring, process
improvements and definition of enterprise-wide metrics for establishing the
present and potential value of each customer. It is for these reasons that Old
Mutual is implementing CRM incrementally.
With the development of a segmented approach to the market and the advance
of technology, new and superfluous distribution channels are equally likely to
appear. Institutions such as Old Mutual will have to manage the conflicts that
arise with care. There is great risk in alienating or cannibalising existing channels
prematurely. The issue is to decide when and how to creatively destroy a
distribution model that is no longer appropriate. The alignment of channels and
service to the market is as important, if not more so, than products in delivering
the brand promise.
It is critical that there is total alignment of brand, marketing, product, channel and
service. Consumers are really purchasing branded solutions, not products. Old
Mutual has superior brand recognition, but needs to focus the brand in particular
segments and ensure delivery of the brand promise through every customer
interaction. In the final analysis Old Mutual, like its peers, has recognised the
imperative for total value chain re-engineering and organisational re-alignment
along market segments where the brand has appeal. These institutional
transformations will remain work-in-progress for some time and constant
adaptability to market forces will become the modus operandi. / AFRIKAANSE OPSOMMING: Die finansiële dienste bedryf in Suid-Afrika en inderdaad, wereldwyd, staar groot
uitdagings in die gesig in terme van die definisie en implementering van
effektiewe besigheidsmodelle om in die nuwe ekonomie te kompeteer.
Uitgedateerde paradigmas soos markaandeel as aanduider van winsgewindheid
en produkgerigte verkoopsmodelle word al hoe meer bevraagteken deurdat
verbruikers al hoe meer die hef in die hand het. Verbruikers se koopkrag word
versterk deurdat finansiële produkte toenemend kommoditeite word en deur die
toevloei van kanale waardeur die produkte gekoop kan word. Dit word spoedig
moeiliker om op grond van prys, produk, plek en promosie te kompeteer.
Finansiële dienste firmas moet hul besigheidsmodelle hersien om tred te hou met
die snel veranderende verbruikersmark. Die besit en bestuur van
kliënteverhoudings en die leeftydwaarde van kliënte is kernfaktore in die
herformulering van sakestrategië. Hierdie gevallestudie ondersoek die strategië
wat Ou Mutual in plek gesit het en tans implementeer ten einde die nuwe
markuitdagings die hoof te bied. Die vereistes vir marksegmentasie en die
hernuwing van die waardeketting word in diepte ondersoek. Hierdie strategië
word krities ge-evalueer teenoor hedendaagse internationale sakestrateë. Die
spesifieke fokuspunte van die gevallestudie behels die volgende:
i. Bedryfs- en kompeterende toestande
ii. Sleutelfaktore vir die sukses van organisasie-transformasie en
kliëntgerigtheid
iii. Marksegmentasie en waardekettinghernuwing
iv. Kliënte-verhoudingsbestuur (CRM) en die rol van tegnologie
v. Produk- en kanaaldinamika
vi. Organisatoriese implikasies vir Ou Mutual
Die gevallestudie dui aan dat finansiële instansies soos Ou Mutual moet
voortgaan en selfs versnel met hul transformasie van produkgesentreerdheid tot kliëntgesentreerdheid. Hierdie transformasie sal hulle in staat stelom effektief
aandag te verleen aan die hedendaagse uitdagings van afnemende kliënttevredenheid,
toenemde kompetisie en snelgroeiende kliënte-bestuurskostes.
'n Geldige benadering tot die aanvang van kliëntgerigtheid is om die mark te
segmenteer op grond van demografie en die benadering en optrede van kliënte.
Nuwe waardeproposisies wat die behoeftes van die mark aanspreek kan op
grond hiervan ontwikkel word. Hierdie proposisies behoort die hele waardeketting
aan te spreek - bemarking/handelsmerk, produk, kanaal en diens op so 'n
manier dat dit ekonomies sin maak. Firmas is genoop om bestaande proposisies
en bemarkingsinitiatiewe te evalueer in die lig van segmentasie ten einde uit te
vind of daar geleenthede is om leemtes te vul, nuwe besighede te skep of
waardevernietiging te staak.
Die ontwikkeling van segmentgerigte proposisies moet ondersteun word deur
besigheidsprosesse en aanvullende strukture, beheer en stelsels. Dit vereis 'n
fundamentele belyning van die organisasie ten einde kliëntgerigte proposisies te
lewer. Gevestigde belange in bestaande strukture en 'n interne fokus in plaas
van 'n markgerigte fokus, is groot struikelblokke vir die proses van belyning.
Intervensie en leierskap is nodig om die nodige transformasie te bewerkstellig.
Die hele organisasie moet belyn wees ten einde hierdie tipe transformasie te laat
slaag. Ou Mutual is deeglik bewus van hierdie struikelblokke en is op uitvoerende
bestuursvlak verbind tot die proses.
Vele instansies staar die versoeking in die gesig om tyd en moeite spandeer ten
einde kliënteverhoudingbestuurs-vermoëns (CRM) te ontwikkel met die vertroue
dat dit genoegsaam is vir sukses. Sonder 'n duidelike en aangrypende
waardeproposisie is die krag van bemarking egter beperk, ondanks al die
voorafgenoemde ontwikkelings. Daarom moet instansies fokus op proposisies
wat hulle sal bevoordeel relatief tot die kompetisie. Dan alleen kan
kliënteverhoudingsbestuur (CRM) benut word om maksimum waarde uit die kompeterende voordeel te trek. 'n Fokus as verhoudingsbestuur kan inderdaad
deel word van die strategie sodra daar genoeg winsgewende kliënte bestaan wat
die proposisie aantreklik vind en hul verseker is dat hulle die belofte van die
proposisie kan vervul.
Investering in tegnologie alleenlik is dus nie genoeg om 'n firma te transformeer
tot 'n kliëntgerigte organisasie nie. Sulke beleggings moet gekoppel wees aan
soortgelyke beleggings in organisasievernuwing en prosesverbeterings en die
definiëering van maatstawe vir die bepaling van huidige en potensiële
kliëntwaarde. Dit is daarom dat Ou Mutual kliënteverhoudingsbestuur
inkrementeel implimenteer.
Met die ontwikkeling van 'n gesegmenteerde benadering tot die mark en die
voortuitgang van tegnologie, is dit waarskynlik dat verskeie distribusiekanale
oorbodig sal word. Instansies soos Ou Mutual sal die konflik wat ontstaan met
sorg moet hanteer. Die risiko is groot om bestaande kanale te vroeg te vervreem
of te kannibaliseer. Die uitdaging is om te besluit wanneer en hoe om oorbodige
distribusiekanale kreatief te vernietig. Om verkoopskanale en diens markgerig te
kry is net so belangrik, indien nie meer belangrik nie, as om produkte te ontwikkel
wat die handelsmerk uitdra.
Dit is krities dat daar deeglike belyning is van die handelsmerk en bemarking,
produkte, kanale en diens. Kliënte koop handelsmerk-oplossings en nie produkte
van handelsmerke nie. Ou Mutual het 'n uitstekende handelsmerk, maar moet dit
fokus op spesifieke segmente en moet verseker dat die handelsmerk se belofte
gestand gedoen word met elke interaksie met die kliënt. Op die keper beskou,
erken Ou Mutual, soos sy eweknieë, die imperatief om die waardeketting en die
organisasie te hernu ooreenkomstig die marksegmente waarin die handelsmerk
hom beroep. Hierdie transformasies sal lank duur en die vermoë om aan te pas
by markkragte sal die modus operandi word.
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The effectiveness of cross-selling as a relationship marketing initiative : an exploration of analytical and commonsense predictionFerguson, Graham January 2009 (has links)
[Truncated abstract] Relationship marketing and some of its associated strategies, including customer relationship management (CRM), is an approach to marketing that is increasingly recognised as important by researchers and marketers. The approach suggests that marketers should focus on developing and maintaining strong relationships with existing customers in order to increase customer lifetime value (CLV) and to reduce the costs associated with constantly acquiring new customers. Advocates promote increased revenue per customer, increased products per customer (customer share), lower customer churn (higher retention) and increased chance that loyal customers will advocate on behalf of the organisation (positive word of mouth), as just some of the benefits of building relationships. While the concept of developing stronger relationships with customers appears convincing; the successful implementation of relationship marketing & CRM initiatives has been a challenge for many enterprises. There are many reasons cited for this including differing benchmarks for success, the range of relationship marketing activities available to marketers, customer differences and how marketers choose to model customer response. To cut through this complexity and to contribute to the field, the current study was carried out to explore, in detail, a single relationship marketing initiative being implemented in a large consumer oriented organisation. The goals of the current study were to see whether the introduction of a cross-selling initiative (CSI) helped front line employees to cross-sell additional products to existing customers during face-to-face interactions and whether the technique used to predict product adoption influenced the effectiveness of those cross-selling activities. Cross-selling refers to the promotion of additional products to existing customers. .... It was considered likely that retail employees would be more confident if they received a specific cross-selling recommendation for a customer and that the increased confidence would lead to increased cross-selling activity and better results. The results confirmed that: Retail employees were more likely to approach a customer with a cross-sell offer if they had a specific recommendation for that customer. Cross-sell offers based upon those recommendations were more likely to be successful. Logistic regression was a better technique for identifying customers likely to adopt the product than anecdotal modelling approaches. The current study makes an important contribution to marketers considering or engaging in customer relationship marketing by confirming the effectiveness of CSIs. Based upon the results, CSIs appear to offer marketers an effective tool to increase customer share thereby increasing revenue and potentially increasing customer loyalty, tenure and profitability. The study also illustrates that effective modeling reduces the chance of making superfluous cross-selling offers to customers thereby reducing the cost of cross-selling, enhancing the confidence of retail employees and minimising the risk of damaging existing relationships. Overall, the study illustrates that the potential for CSIs as a relationship marketing tool is substantial and should not be underestimated.
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Busca da satisfação dos clientes externos atraves da analise dos resultados dos atributos da qualidade : uma aplicação na industria de autopeças / The search for external customeres satisfaction through analysis of the quality attributes results : an autoport industry study caseMiranda, Joel Barbosa de 25 April 2005 (has links)
Orientador: Miguel Juan Bacic / Dissertação (mestrado profissional) - Universidade Estadual de Campinas, Faculdade de Engenharia Mecanica / Made available in DSpace on 2018-08-04T09:27:49Z (GMT). No. of bitstreams: 1
Miranda_JoelBarbosade_M.pdf: 1485928 bytes, checksum: e5047b5375ab4bfbaeccd3246274efaf (MD5)
Previous issue date: 2005 / Resumo: Este trabalho tem por objetivo analisar criticamente os atributos da qualidade, presentes numa organização do setor de autopeças, que visam maximizar a satisfação dos clientes inseridos no mercado automotivo brasileiro. O estudo iniciou-se com a revisão bibliográfica dos aspectos que, na visão dos autores, promovem a satisfação dos clientes. Identificou-se quadro conceitual sobre o tema, e posteriormente, estudou-se a organização com o intuito de analisar os atributos relacionados com o produto que poderiam proporcionar a satisfação dos clientes. Esses atributos foram denominados atributos da qualidade. A organização possui sistema de gestão estruturado, em que os atributos da qualidade se encontram dispersos e são avaliados de maneira individual. O trabalho propõe a utilização de um radar da qualidade como ferramenta para facilitar a identificação dos elementos que possam maximizar a satisfação dos clientes. Avaliaram-se também os requisitos dos clientes e seus respectivos desdobramentos e monitoramento na organização. Analisaram-se, ainda, os processos de negócios que adicionam valor ao cliente, identificando quais os indicadores adotados para verificar o desempenho desses processos. Diante disso, identificaram-se oportunidades de melhorias no ambiente da qualidade. Por fim sugeriu-se o uso de ferramenta visual para o monitoramento dos atributos da qualidade que podem ocasionar a satisfação dos clientes, por meio do fortalecimento da cultura pela qualidade / Abstract: The aim of this case study, is to make critical analyze on the quality attributes focused on reaching customer satisfaction. The company studied is inserted in auto part of Brazilian automotive market. The study begins with a bibliography review regarding aspects to increase customer¿s satisfaction. A conceptual chart was identified and the company was analyzed against attributes related to the products aspects to reach customers satisfaction. This attributes were called quality attributes. The company has a structured Management System and theirs quality attributes are spread out and can be assessed individually. The case study proposes quality radar as a tool to get through the identification of the elements that needs to be improved to increase customer satisfaction. Customer¿s requirements, deployment and monitoring are assessed in this study case too. Customer¿s add value processes management were analyzed and theirs indicators to check theirs performance. In front of this, opportunities of improvements opportunities on the quality environment have been identified. Finally, the study propose a visual tool (quality radar) to monitor quality attributes, focusing on customers¿ satisfaction through quality culture strength / Mestrado / Gestão da Qualidade Total / Mestre em Engenharia Mecânica
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An evaluation of the delivery of the Eskom Customer Safety Education Programme in the Queenstown Customer Services Area.Mtyalela, Kanyisa Highly January 2014 (has links)
The aim of this research is to evaluate the Eskom customer safety education programme in the Queenstown Customer Services Area. The research focuses on the implementation of the programme with the aim of assessing whether there is need for optimisation in the way that the customer education and training is delivered. The paper consists of three sections. Section one is directed to Eskom and is made up of (i) a review of the literature that is relevant to the Eskom safety education programme, (ii) the findings made from the study and (iii) recommendations from the author. Section two is a review of the key concepts which were identified for this paper and these are: (i) education and training, (ii) consumer education, (iii) citizenship education, (iv) training programme development, and (v) training programme evaluation. Section three provides detail on and justifies the research methodology that was followed for this paper. The author adopted the deductive approach and collected data from literature sources and Eskom documents as well as face-to-face interviews with the Eskom trainers and customers. Qualitative data was collected from the interviews and is presented in section one of the report in the form of (i) narratives, (ii) graphs and (iii) tables. The research has identified some shortcomings in the delivery of the training and recommendations have been made on how these shortcomings can be addressed. Trainer skills, training evaluation and training tools are amongst the issues that require attention in the Queenstown Customer Services Area. The results revealed that 67 percent of the trainers have not received training related to conducting customer forums. Inconsistencies with regard to the evaluation of the training interventions were also identified and there were differences in terms of the training tools that are utilised at the forums. The recommendations made by the author are based on the literature that was reviewed as part of this study and are aimed at addressing the delivery of the training. The respondents all displayed an understanding of the objectives of the Eskom safety education programme and made recommendations in terms of how Eskom can reduce the tampering of Eskom equipment. The recommendations made included the involvement of the community as well as unannounced door-to-door audits aimed at identifying damaged and tampered Eskom equipment. These recommendations are in line with the guiding principles of safety education presented in McWhirter (2008: 32) which include the involvement of young people in real decisions to help them stay safe, as well as the use of active approaches in addressing safety issues. A review of the electrical contact incidents which were reported to Eskom in 2011/12 revealed that in 61,5 percent of the cases that occurred in the Eastern Cape, Eskom had conducted electricity safety education before the incidents occurred. The recommendations in terms of the training delivery should be implemented to improve the delivery of the training. The author however recommends further research on how Eskom can reduce the number of electrical contact incidents that occur, as it has been proven through previous studies that safety education “has an impact on knowledge, behaviour, risk and skills and no papers have provided evidence of the impact of safety education on injury rates” (Mulvaney, Watson and Errington, 2012: 27).
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Investigating customer services in selected restaurants in the Tshwane area : an exploratory studyErdis, Cindy 11 1900 (has links)
This study examines customer service in selected restaurants in the Tshwane area. It is aimed at establishing criteria for excellent customer service in restaurants, which can serve as the basis for building good relationships with customers. An extensive literature study was undertaken and aspects that were discussed in the secondary research include the various components of customer service, as well as the marketing environment of restaurants in South Africa and the Tshwane Area.
An empirical study was conducted to namely to investigate customer service in selected restaurants in the Tshwane Area, with the aim to establish criteria for excellent customer service as a benchmark for establishing relationships with customers, by means of an exploratory study. A self-administered survey was conducted whereby questionnaires were handed to restaurant patrons with the restaurant bill folder.
Based on the research results, criteria were developed for excellent customer service which can be used as a benchmark for establishing relationships with customers, by providing customer satisfaction, which leads to customer retention, loyalty and ultimately profitability for an organisation. / Business Management / M. Com. (Business Management)
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Transformation leadership and marketing performance : the mediating role of organizational learning and customer orientationGelgile, Hailemariam Kebede 11 1900 (has links)
The making and breaking power of leadership has never been disputable. It is believed to be the
single most important factor by which organizations used to exploit opportunities and survive
hardships. Despite the fact that all functional areas are not immune to the consequences of good
and bad leadership, marketing is uniquely sensitive. Unarguably, all leadership styles are not
expected to equally impact marketing performance. A leader of character who inspires followers,
helps employees to use their potentials, allows employees to make and fix errors, and pave ways
for employee advancement is a one typically needed by organizations. This kind of leader is even
more critical for those organizations operating in a brutally competitive market; like the brewing
one in Ethiopia.
This study is designed to investigate the direct and indirect impact of Transformational
Leadership on marketing performance. Moreover, the moderating effect of leaders’ experience
and the impact of group difference in leaders’ gender, leaders position and brewery sizes are
studied. The unit of analysis are managers and decision makers (committee members) from the
four sample breweries (St. George Brewery, Meta Abo Brewery, Raya Brewery, and Habesha
Brewery). The data are collected from 211 respondents. In the study, in addition to the data
cleaning procedures, all the multivariate data analysis assumptions are ensured. A model is
developed and tested using a survey methodology. Four properly validated instruments, one selfdesigned
(for marketing performance construct) and three adopted (for transformational
leadership, organizational learning, and customer orientation constructs) are used. The
validation work is ensured through factor analysis (exploratory and confirmatory). Exploratory
factor analysis (EFA) and confirmatory factor analysis (CFA) are worked out using SPSS 21 and AMOS 21 packages respectively. Data is analysed through the structural equation modelling
technique.
Results show that, Transformational Leadership style is positively and significantly associated
with marketing performance, organizational learning and customer orientation. Moreover, it is
found that Transformational Leadership indirectly and positively impacts marketing
performance. Nevertheless, the hypothesized moderation effect of experience for the impacts
of Transformational Leadership on customer orientation is failed to be significant.
The study contributes a lot by narrowing the wide literature gap existed in the topic area in the
context of the developing world. Secondary evidences are strongly discussed on the antecedents
and outcomes of Transformational Leadership and marketing performance. Thus, it is the
researcher’s belief that now because of this study; value is added to the body of knowledge and
the study can benefit practitioners and academicians alike. / Business Management / D.B.L.
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Investigating customer services in selected restaurants in the Tshwane area : an exploratory studyErdis, Cindy 11 1900 (has links)
This study examines customer service in selected restaurants in the Tshwane area. It is aimed at establishing criteria for excellent customer service in restaurants, which can serve as the basis for building good relationships with customers. An extensive literature study was undertaken and aspects that were discussed in the secondary research include the various components of customer service, as well as the marketing environment of restaurants in South Africa and the Tshwane Area.
An empirical study was conducted to namely to investigate customer service in selected restaurants in the Tshwane Area, with the aim to establish criteria for excellent customer service as a benchmark for establishing relationships with customers, by means of an exploratory study. A self-administered survey was conducted whereby questionnaires were handed to restaurant patrons with the restaurant bill folder.
Based on the research results, criteria were developed for excellent customer service which can be used as a benchmark for establishing relationships with customers, by providing customer satisfaction, which leads to customer retention, loyalty and ultimately profitability for an organisation. / Business Management / M. Com. (Business Management)
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