BUSINESS RESEARCH METHODS. 21028760 (2)

docx

School

Osmania University *

*We aren’t endorsed by this school

Course

2002

Subject

Business

Date

Nov 24, 2024

Type

docx

Pages

11

Uploaded by pranvalekhyasheshatwam

Report
SUBJECT CODE : 7BUS2002 SUBJECT TITLE : BUSINESS RESEARCH METHODS STUDENT ID : 21028760 An investigation into the impact of customer dissatisfaction on brand image
2 Table of Contents Chapter 1: Introduction .............................................................................................................. 3 Research background ............................................................................................................. 3 Research Rationale ................................................................................................................. 3 Research aim and objectives .................................................................................................. 3 Research Questions ................................................................................................................ 4 Chapter 2: Literature Review ..................................................................................................... 4 The impact of customer dissatisfaction on brand image in the case of MNEs ...................... 4 Main issues faced by MNEs that have impacted on the brand image of the companies ....... 5 The US based MNEs have developed strategies to gain customer satisfaction ..................... 5 Utilization of customer loyalty program can help the organizations to enhance customer satisfaction to improve the brand image ................................................................................ 6 Chapter 3: Research Design ....................................................................................................... 6 Research approach ................................................................................................................. 6 Research philosophy .............................................................................................................. 7 Research strategy ................................................................................................................... 7 Research choices .................................................................................................................... 7 Time horizon .......................................................................................................................... 8 Data Collection ....................................................................................................................... 8 Data Analysis ......................................................................................................................... 8 Ethical consideration .............................................................................................................. 8 References .................................................................................................................................. 9
3 Chapter 1: Introduction : Brand image is how a customer think about a product or the brand (Jasmani & Sunarsi 2020). It is how the customer perceive about the brand in their mind is what is called brand image. This image of the brand develops over the time. Customers with time grow this image of the brand in their mind with the interaction and the experience with the brand. Now if the customer is dissatisfied with the brand, it is because the customer has not met the expectations which it had before from the same brand. The brand image can be impacted by the customer dissatisfaction. Due to the products the customer will bad mouth about the product and hence the brand loose some of its valuable customers or a customer who purchased a huge amount of products from one brand it will shift to some other brands hence the economy can get concerned of that brand. Research background In this section the author will be describing about the background of the topic, which says that the brand image can be impacted by the dissatisfaction of the customers. Brand image is what the customers create in their mind. It’s a perception of the customers which grows by the interaction and experience with the product (Martins et al. 2019). And this perceived image of the brand brings in the satisfaction or dissatisfaction of the customers towards the product and the brand. The dissatisfaction of the customers can make an impact on the brand. The customers who are dissatisfied can bad mouth about the brand and also can shift from the current brand to another brand. Research Rationale The author will be choosing the topic of impact of dissatisfied customers on the brand image. It will be chosen by the author because the author wants the learners to learn about the impacts of the dissatisfied customers on the brand image which will help the learners in knowing how a brand can get affected by the dissatisfied customer’s behaviour due to not meeting their expectation with the product. Research aim and objectives To investigate the impact of customer dissatisfaction on brand image in the case of MNEs To analyze how the US-based MNEs have faced issues to manage customer satisfaction that has impacted the brand image
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
4 To scrutinize how the US-based MNEs have developed strategies to gain customer satisfaction To evaluate how utilization of customer loyalty programs can help the organizations enhance customer satisfaction to improve the brand image Research Questions What is the importance of customer satisfaction to enhance the brand image of the MNEs? What are the main issues faced by the US-based MNEs considering customer dissatisfaction that has impacted the brand image of the companies? How the US-based organizations develop strategies for gaining customer satisfaction? How customer loyalty program will be able to improve the brand image of the companies? Chapter 2: Literature Review : In the section literature review, the author will discuss on different objectives of the research by gathering information from the existing kinds of literature. The impact of customer dissatisfaction on brand image in the case of MNEs According to Abugre & Anlesinya (2019), the relationship between the brand image and the customer behaviour has explored the aspects of customer dissatisfaction with the brand image of the multinational companies. In the case of the international business development process, the organizations need to focus on customer satisfaction through developing different strategies to improve the brand image in the global context. Different driving forces include brand performance and brand image through establishing a relationship with the potential customers efficiently. Positive feedback from the customers towards the products of the brand and customer service offered by the brand has helped the international organizations to
5 improve the brand equity by implying customer engagement theories. Several studies have emphasized that customer dissatisfaction has impacted the brand image by reducing the profitability of the organizations in the global context. For an instance, in the case of the international hospitality sector, many hotels have faced challenges with customer service operations that have caused customer dissatisfaction by affecting the brand image that has reflected in the revenue of the organizations. International organizations have to focus on different issues that cause customer dissatisfaction by impacting customer behaviour (Foroudi 2020). Main issues faced by MNEs that have impacted on the brand image of the companies According to Liou & Rao (2021), international organizations have to focus on establishing an efficient corporate social brand image in the global market. However, the development of a sustainable brand image in the international context is very complex as it has considered many types of different business activities such as the establishment of proper business set ups, development of efficient corporate social responsibilities to develop an efficient brand image, designing efficient market planning, development of efficient promotional strategies to promote the products and services to the potential customers etc for improving the efficiency of the customer service as efficient customer service helps to increase the brand equity by improving the brand image in the international context. International organizations have faced issues regarding business activities and human resource management that impact the customer service operations of the company by reducing the brand image in the international market, It has been analyzed that, in the case of multinational organizations, inappropriate market research to identify the requirement of the customers, lack of efficient skilled employees, lack of implication of innovation management to improve the product development process and lack of training and development program for improving the performance of human resource management etc have impacted on the customer service of the international organizations that have impacted on a brand image by generating customer dissatisfaction. The US based MNEs have developed strategies to gain customer satisfaction The author in this section will try to analyse the topic of impact of the dissatisfied customers on the brand image. Brand image is a perception which allows the customer to perceive about the brands. This perception of the image on the brands are created over the time. The perception of the brands are created when the customer interacts and experience with the products of the brands and hence on this the satisfaction and dissatisfaction of the customer
6 depends. In this section the author will also investigate about the topic on the basis of the aims and objectives. According to (Malik et al. 2021), there are certain strategies which has been developed by the US based MNEs to gain the customer satisfaction and the strategies can be to enhance the customer service where the companies will attend the problems or the issues of the companies and will respond to those problems patiently. The other strategies can be that the customers shall be treated the way any individuals wants to get treated which can be followed by the companies so that the companies can retain their customers with well behaviour for the starters. Another strategy can be that the customer satisfaction shall be of utmost priority for the company where the company can find out what the customer wants and needs and then can act accordingly for the customers. Utilization of customer loyalty program can help the organizations to enhance customer satisfaction to improve the brand image Author will have to discuss about the analysis of the evaluation of the utilization of the customer loyalty program can help the organization to enhance the customer satisfaction to improve the brand image. In this analysis the author will be talking about how the loyalty programs help in customer satisfaction. According to (Aluri, Price & McIntyre 2019), loyalty programs can enhance the customer engagement with the company where if the engagement between the customer and the company increases then there is a direct impact on the sustainability of the brand. With constant brand engagement, brand affinity can be built which can be further strengthened by the loyalty program of the customers. According to (Kumar et al. 2019). Most of the brands try to create a wholesome experience for the customers and the easiest way to do this is through the loyalty program. Most of the customers want to stick to one brand from which it can get a lot rewards and also can get loyalty programs. Through these loyalty programs the organizations can not only enhance the customer satisfaction but also can retain its customers Chapter 3: Research Design : Research approach In this research the author will be adopting deductive approach, which will be only concerned with the construction of the hypothesis which will be based on the existing theories. Hence it will be understood that there will be no new theories designed when deductive approach is
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
7 being adopted, instead, there will be a new theory designed which will be used to view certain hypothesis. The term deductive means that it will reason from particular observations to the generalized view (Naumovska & Zajac 2022). The casual relationship or the link will be implied on the basis of a particular theory or even on the case studies which will be used to create a relationship between the two variables which are often true in the most of the cases. Research philosophy The researcher in this case will be using the philosophy of the positivism. The philosophy of positivism will actually adhere to the knowledge which is factual and which is gained through observation, which can include certain measurements which can be considered trustworthy (Botha 2021). In this case, the role of the researcher will be very much restricted to the process of the data collection and the interpretation of the data in an objective way. The aspect of the positivism will depend a lot on the quantifiable observations which will lead to the statistical analysis. The researcher in this case will be using its own experience to decide a certain solution to the problems. Research strategy This research will adopt the strategy of the case study research so that it can generate a certain theory which will be used in the findings of this research. In this case there will be collection of several case study reports from which most of the information will be extracted. A case study analysis is basically an in-depth study about a particular individual, a family or a group of organization (Paasivaara et al. 2018). This will be indeed helpful for the researches where the questions how and why will be asked. In this case the most important question which will be asked is what are the impacts of the dissatisfied customers on the brand image. Research choices This research will apply a mono method to conduct the research. This is because only the qualitative research method will be used for the research purpose. This research will not require any other methods because there will be no relevant informat6ion which could be gathered from the interview analysis or the survey analysis. Instead it will be through the analysis of the case study, from where all kinds of relevant information will be gathered and will be used further in the research for the purpose of the research. This research will be adopting qualitative case study and a structural literature review for the purpose of the research process of the analysis.
8 Time horizon This research will be adopting cross-sectional time horizon for the purpose of the research analysis process. This is because the research will consider data of a certain period of time, which will be used for the purpose of the analysis process. Data Collection The author is going to use the secondary data collection method for collecting data from secondary resources such as existing peer-reviewed journals, books, theses papers, articles, news, business case studies etc that are available both offline and online platforms (Trinh 2018). The author will collect the data from the authentic resources by using some efficient keywords and utilizing efficient search engines like “ Google Scholar”. Data Analysis In this research, the author is going to use qualitative data analysis to generate new concepts and ideas by measuring the frequencies of the gathered data. Qualitative data analysis is significant to formulate the answers to the research questions from the secondary data and the existing theories (Azungah 2018). Ethical consideration This research will be following all the guidelines which are ethical and that will be required to complete the project in an ethical manner (Arifin 2018). This research will be using the i secondary data, which will be gathered from the reputed governmental website and hence it will signify the results which will be obtained can be accurate and authentic. This research will make sure that none of the data will get manipulated to the liking of the researcher and the data will be kept to improve the authenticity of the outcome. Besides, this research will be of recent information related to the impact of the customer dissatisfaction on the brand image and hence this research will be extremely useful.
9 References : Abugre, J. B & Anlesinya, A (2019), “Corporate social responsibility and business value of multinational companies: Lessons from a sub-Saharan African environment”, Journal of African Business , Vol.20, No.4, pp.435-454. Foroudi, P (2020), “Corporate brand strategy: drivers and outcomes of hotel industry’s brand orientation”, International Journal of Hospitality Management , Vol.88, pp.102519. Liou, R. S & Rao-Nicholson, R (2021), “Multinational enterprises and Sustainable Development Goals: A foreign subsidiary perspective on tackling wicked problems”, Journal of International Business Policy , Vol.4, No.1, pp.136-151. Trinh, Q. D (2018, April), “Understanding the impact and challenges of secondary data analysis”, In Urologic Oncology: Seminars and original investigations (Vol. 36, No. 4, pp. 163-164). Elsevier. Azungah, T (2018), “Qualitative research: deductive and inductive approaches to data analysis”, Qualitative research journal . Jasmani, J & Sunarsi, D (2020), “The Influence of Product Mix, Promotion Mix and Brand Image on Consumer Purchasing Decisions of Sari Roti Products in South Tangerang”, PINISI Discretion Review, Vol. 1 No. 1, pp.165-174 . Martins, J, Costa, C, Oliveira, T, Gonçalves, R & Branco, F (2019), “How smartphone advertising influences consumers' purchase intention”, Journal of Business Research , Vol. 94 , pp.378-387. Malik, A, De Silva, M.T, Budhwar, P & Srikanth, N.R (2021), “Elevating talents' experience through innovative artificial intelligence-mediated knowledge sharing: Evidence from an IT- multinational enterprise”, Journal of International Management , Vol. 27 No. 4, p.100871. Aluri, A, Price, B.S & McIntyre, N.H (2019), “Using machine learning to cocreate value through dynamic customer engagement in a brand loyalty program”, Journal of Hospitality & Tourism Research , Vol. 43 No. 1, pp.78-100. Kumar, V, Rajan, B, Gupta, S & Pozza, I.D (2019), “Customer engagement in service”, Journal of the Academy of Marketing Science , Vol. 47 No . 1, pp.138-160.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
10 Naumovska, I & Zajac, E.J (2022), “How inductive and deductive generalization shape the guilt-by-association phenomenon among firms: Theory and evidence”, Organization Science , Vol. 33 No. 1, pp.373-392. Botha, M (2021), “Critical realism, community psychology, and the curious case of autism: a philosophy and practice of science with social justice in mind”, Journal of Community Psychology . Paasivaara, M, Behm, B, Lassenius, C & Hallikainen, M (2018), “Large-scale agile transformation at Ericsson: a case study”, Empirical Software Engineering , Vol. 23 No . 5, pp.2550-2596. Arifin, S.R.M (2018), “Ethical considerations in qualitative study”, International Journal of Care Scholars , Vol. 1 No . 2, pp.30-33.
i