Case summary:
Company D has started a consulting company to help the other firms to fulfill the customer satisfaction. The company focused on the programs like training, leadership, brand loyalty, customer experience, and creativity. Firms must surprise the customers often to satisfy them. They should do their best to the needs and wants of the customer. Firms must focus on the consumer’s positivity rather than using their money.
To discuss: Whether keeping the employees happy to sustain the customer satisfaction orientation.
Customer satisfaction refers to how the company surpass or meets the needs and wants of the consumers.
Want to see the full answer?
Check out a sample textbook solutionChapter 11 Solutions
Bundle: Contemporary Marketing, Loose-Leaf Version, 17th + LMS Integrated MindTapV2.0 Contemporary Marketing, 1 term (6 months) Printed Access Card
- FOR CONSIDERATION/DISCUSSION 1. Which of the four elements-strengths, weaknesses, opportunities, threats turned out to be the most difficult to develop? Why? Which was the easiest? Why? 2. What valuable insights about your focal organization did you gain during your SWOT analysis? 3. Why should every manager know how to do a SWOT analysis? 4. What "right niche" did your SWOT analysis yield? 5. How can a personal SWOT analysis improve your career prospects?arrow_forwardTo make a “bulletproof” business plan, some mistakes must be avoided, and the following must be done:❖ Think through the business idea. You might have a great idea, but have you carefully mapped out all the steps you'll need to take to make the business a reality.❖ Do your research. Investigate everything you can about your proposed business before you start writing your business plan--and long before you start the business.❖ Research your potential customers and competitors. Is your product or service something people really want or need, or is it just "cool"? Study your market. Is it growing or shrinking? Could some sort of disruptive technology or regulatory change alter the market in fundamental ways? Why do you think people will buy your product or service? If you don't have any customers or clients yet, you'll need to convince investors that you have something people really want or need, and more important, that they'll buy it at the price you expect.❖ Get feedback. Obtain as…arrow_forwardReaction to discussion below. Do you agree or disagree? Any additional thoughts? It is important to understand that for a business to succeed, being motivated and hardworking does not guarantee a good positive outcome for the company. There are other key factors that have to be in place in order to put the company on a path for success. These factors include effective planning and decision-making with a systematic approach that considers the available information, the goals and objectives of the organization, and the potential outcomes of different decisions. One of the companies I admire the most today is Apple. I because of how it started and all the changes they had to go through to become the company they are today. Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well…arrow_forward
- 1. State vision and mission statement of your chosen organization, highlight their keyfeatures. Suggest any changes in vision or mission statement if you deem necessary.2. Conduct a SWOT Analysis and develop a Strengths-Weaknesses-OpportunitiesThreats (SWOT) Matrix.3. Analyse long-term objectives and specific strategies of your organization.4. Analyse people, their capability, organization structure and corporate culture issues of your chosen organization, if you think they impacted on its successful strategyexecution.5. Offer recommendations for successful strategy formulation and implementation in yourchosen organization.arrow_forwardRespond to this post in 100 words As there are several initiatives that can be used for an organization, two key ones for my organization are a code of conduct and ethics training workshops. Organizations frequently create a code of conduct outlining anticipated ethical behavior. This allows employees to have a resource to learn about the organization's principles and standards. A code of conduct establishes explicit norms and expectations for employees, resulting in an organization-wide knowledge of ethical behavior (Ferrell et al., 2016). The code of conduct may not be enough for comprehensive ethics training because it does not address unique ethical quandaries that employees face in their roles. Organizations may hold ethics-focused workshops or training sessions. These courses can cover a variety of issues, including ethical decision-making, conflicts of interest, and dealing with sensitive material. Workshops provide participatory learning and discussion, allowing employees to…arrow_forwardInterview managers at a local business to determine the company's core business metrics (financial, demand, provider, employee, operation, knowledge, creativity, etc.). What are the ency metrics used that company? What kind of cause and-effect (interlinking) success partnerships will the company be interested in?arrow_forward
- 1. What three (3) personal values should a manager possess to improve the organization's success in achieving/fulfilling its primary purpose? 2. Assumptions are used by management methods such as the Logical Framework Approach (LFA), Cost-Benefit Analysis, and Cost-Effectiveness Analysis to provide inputs for managerial decisions and actions. What is the logic of employing an assumption in coming up with or creating inputs for management decisions and actions, given that it is not guaranteed to hold? Is there any way to avoid making assumptions?arrow_forwardPlease help answer this question: use your good and your business common sense, what would you do ? You have just been promoted the general manager of the Grand Floridian hotel at Walt Disney World. Part 1: How will you spend your first 30 days? Part 2: What are 2 things you should not do in the first 30 days? Part 3. If you were a company CEO, how would you promote creativity and innovation in your organization?arrow_forwardIn terms of business practices, ethics and culture are two of the components which can make or break a business firm. As the leader of the firm, you are tasked to create a business culture that would adhere to the ethical and professional standards. Give at least three (3) core values that you would incorporate in your business culture. Explain the importance of each core values.arrow_forward
- 1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…arrow_forwardType: Are you an «Skeptic or a Pragmatic Manager», AMAZON INC. Objectives ▸ To apply the theoretical knowledge to a case study. ▸ To know the company's financial statements in detail. ▸ To apply financial analysis techniques. ▸ To apply the concept of value creation. Description From your own perspective of this argument, expose your opinion of the preceding statement using the following guide questions. AMAZON Inc. was a business disruptor since the beginning of its existence back in the 90’s. Part of the Amazon success was the personality of the business founder Jeff Bezos. ▸ Analyze the paper and resume the most important concepts of it. ▸ Categorize the main ideas of these two ways of thinking: «Skeptic or a Pragmatic». ▸ How could you apply these concepts as a «Business Decision Maker» (Manager) (You could be a skeptic’s or a pragmatism business leader, how you define yourself?).arrow_forwardTask Number 3: Attitudes for your profession Review all the entrepreneurial attitudes, personalities and work style. Which of the following is/are applicable to your current course or profession? Note: ( Be creative as to how you are going to present your answers. Maximum of three (3) for each item: attitudes, personalities, and work styles ).arrow_forward
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning