Define a possible service guarantee for each of the following services: a. College classes b. A theatre performance c. Buying a used car
Define a possible service guarantee for each of the following services: a. College classes b. A theatre performance c. Buying a used car
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Define a possible service guarantee for each of the following services:
a. College classes
b. A theatre performance
c. Buying a used car
Expert Solution

Step 1
A service guarantee is a promise that a company will fulfill at a certain level. It provides a mechanism for employees to respond to the complaints. It defines the employee's job for providing services to the customers. It helps in encouraging and rewarding customer complaints which provide feedback on the quality of the service.
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