...Co-operative bank is our first experience with an ABC project applied to a service organization.What new issues arise when applying ABC analysis to a service buisness? We have already applied ABC analysis to Dakota Products which was a player in logistics and home delivery that could be clustered under the service industry head.Co-operative bank is our second experience with the ABC in services The major issues that were apparent in this case that are new are as follows: 1.1. Effects of diversifying the product portfolio:Troubles mounted as the bank could not create the capital supply due to increased capex requirements to support these diversification.Moreover at a later stage under the Project Sabre Terry indicates that the product portfolio was extensively diversified which resulted in lack of focus amongst different product and market niches. 1.2. Effects of legislation-For instance Governement legislation to deregulate the financial sector.Changing competition scenario in UK's financial services market leveraging co-perative service to transform into banks and diversify their product potfolio. 1.3. Customer Expectations:Changing customer expectations and lower switching costs can decrease the existing customer base.Thus the cost structure of the bank has to be leveraged for higher profits at the market costs.This is a perfect competetion case where the markets determine the costs(i.e. price for services) which has to be charged by the banks to sustain. 1.4. Macro-economic...
Words: 1049 - Pages: 5
...AREA, ISLAMABAD 44000 Dear Mr. Rahim I am writing to you a report about the bad customer service experience I had at your esteemed restaurant during my recent visit. The report is entitled “Conclusion and Reflection of Negative Service Encounter” The report provides a brief explanation of the service delivery system of BBQ Tonight and the negative service encounter. The content of the report specifically concentrates on the analysis of customer’s expectations and perceptions regarding service offerings of BBQ Tonight. At the end we have suggested recommendations on how BBQ Tonight can improve their customer services to avoid the further occurrence of such incidents. After carefully investigation, we have come to know that the lack of quality maintenance by kitchen staff resulted in serving un-hygienic dish from which an insect was found and put a question on performance of the quality control management team. In reading this report, you will gain valuable insight regarding measuring customer’s expectations and perceptions using various service models like Expectancy disconfirmation model, SERQUAL Model to identify the possible service gaps which led to a bad customer experience. I hope that the recommendations in this report will provide you with a beneficial strategy by which BBQ Tonight will get a competitive advantage and will leap far ahead in the restaurant industry. I hope that my bad experience will turn out to be a learning opportunity for the management team of...
Words: 5853 - Pages: 24
...OPERATION MANAGEMENT Group Assignment Case Study – Process Analysis in Carrefour PROCESS ANALYSIS IN CARREFOUR GROUP INTRODUCTION - History of Carrefour First in Europe, Carrefour is the 2nd retailer in the world. With a presence in thirty-two countries, it makes half its sales outside France. This makes it the most international of all food retailers. The Group is concentrated on three continents: Europe (13 countries), Latin America (4 countries) and Asia (8 countries), a field of expansion to which one might add Africa, the Caribbean and the Middle East (7 countries). The Group started this world-wide expansion more than 40 years ago, from which it has gained considerable experience. With the strength of this expertise, Carrefour pursues a growth strategy that is increasingly based on its international business. Thus, in 2004, 80% of the new points of sale were created outside France. Growth has been achieved, with an increase of sales outside France of 8.3% at constant Exchange rates in 2004. The scope of Carrefour focuses on four main grocery store formats which are hypermarket, supermarket, discount and convenient stores. Operations range from supermarkets stores and a variety of other outlets to convenience. But what Carrefour is known for above all else is the hypermarket. A hypermarket is, essentially, a super-sized supermarket that typically stocks some 70,000 items and has a sales floor as big as 20,000 square meters or approximately 215,000 square...
Words: 2881 - Pages: 12
...UNIVERSITY OF SUNDERLAND RESEARCH PROJECT Research project on how Ninomaxx can attract customers to purchasing its clothing online Nguyen Thuy Dai Trang 12/19/2014 Words count: 9730 1 TABLE OF CONTENTS I. ACKNOWLEDGEMENTS: ..................................................................................................... 3 II. ABSTRACT: ............................................................................................................................... 4 III. INTRODUCTION: .................................................................................................................. 5 IV. RESEARCH BACKGROUND: ............................................................................................ 6 V. STATEMENT OF PROBLEM: .............................................................................................. 9 VI. RESEARCH OBJECTIVES: ............................................................................................... 10 VII. RESEARCH QUESTIONS: ............................................................................................... 10 VIII. RESEARCH METHODOLOGY: ................................................................................... 11 1. RESEARCH APPROACHES: ................................................
Words: 11253 - Pages: 46
...contribution of Jan Carlzon who is a CEO of SAS. Nowadays, after a vertical integration revaluation, SAS has expanded their business into International Hotel (SIH) and Service Partner (SSP) such as catering and restaurants. The main aim of this report is to analyze the problems that SAS faced as well as identify the solution approaches that had been used by the company, especially the vertical integration. In order to analyze those problems, the report will apply SWOT analysis, PESTEL analysis and Five Porter Factors analysis. 2.0 Analysis 2.1 Analysis SWOT is stand for Strength, Weakness, Opportunities and Threats. According to Robert (2004), SWOT analysis aims to identify as well as analyze internal strengths and weaknesses of a company. It also analyzes opportunities and threats that the environment has on a corporation. SWOT analysis can help companies to enhance their strengths and opportunities as well as minimize their weaknesses. Due to Nadine and Anne (2007), SWOT is a useful tool for decision making. In addition, by applying SWOT, company is able to avoid the unworkable constellations of threat and weakness. However, as SWOT analysis result is based on analysts, lack of skills and experiences can lead to bad analysis. It can result in wrong decision making or wrong business strategies. Base on the SWOT analysis (Appendix 6.1), the strength of SAS includes its early establishment in 1946. This earlier establishment led to its numerous first in early year of air-travel...
Words: 2532 - Pages: 11
...FOREIGN TRADE UNIVERSITY ------------------------------------------------- FACULTY OF BUSINESS ADMINISTRATION APPLIED INTERGRATED BUSINESS JOHN LEWIS’CUSTOMER SERVICE CASE STUDY Student Name : Bang Tran Hai Vo Student ID Number : 1305052015 Instructor : Dr. Cao Dinh Kien Hanoi, October – 2015 ------------------------------------------------- CONTENT 1. Introduction about John Lewis 2. John Lewis – A customer service and the success in keeping customer satisfaction 3. Bad practice of customer service 3.1 Analysis of the causes for bad customer service 3.2 Suggestion and Recommendation 4. Pllog 5. Refferences 1. Introduction John Lewis is a chain of upmarket department stores operating throughout Great Britain. The chain is owned by the John Lewis Partnership, which was created alongside the first store in the mid-1800s. The first John Lewis store was opened in 1864 in Oxford Street, London. The chain's slogan is "Never Knowingly Undersold" which has been in use since 1925. There are 45 stores throughout England, Scotland and Wales, including eleven "At Home" stores, and a "flexible format" store in Exeter. The store in Birmingham is the largest operated by the Partnership outside London. On 1 January 2008, the Oxford Street store was awarded a Royal Warrant from Her Majesty the Queen as: "suppliers of haberdashery and household...
Words: 2026 - Pages: 9
...insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 74 offices in 42 countries. For more information, please visit www.bcg.com. Federation of Indian Chambers of Commerce and Industry (FICCI) is India’s apex chamber representing over 500 industry associations and over 2,50,000 business units — small, medium and large — employing around 20 million people. FICCI works closely with Central and state governments and regulatory bodies for policy change. Indian Banks’ Association (IBA) is the premier service organization of the banking industry in India. Its members comprise of almost all the Public, Private, Urban co– operative and Foreign banks having offices in India, developmental financial institutions, federations, merchant banks, housing finance corporations, asset reconstruction companies and other financial institutions. Being Five Star in Productivity Roadmap for Excellence in Indian Banking Saurabh Tripathi Bharat Poddar August 2011 bcg.com © The Boston Consulting Group, Inc. 2011. All rights reserved. For information or permission to reprint: Please contact BCG at: E–mail: bcg–info@bcg.com Fax: +91 22 6749 7001,...
Words: 18398 - Pages: 74
...Analysis: Home Depot’s total rehab With the current economy situation, consumers and businesses alike are going through turbulent times. Jobs are being cut, stores are being closed, homes are being repossessed, gas prices are soaring and businesses declaring bankruptcies just to name a few dilemmas. Home Depot on the other hand is investing when the market is down hoping it pays out on the long run. Francis S. (Frank) Blake, CEO of Home Deport, has boiled his strategy down to a few priorities, all of which revolve around stores engaging employees, making products readily available and exciting to customers, improving the store environment, and dominating the professional contracting business(web). Home Depot has turned its focus to customer service by extending the business through such efforts as at-home services, tool rental centers, the homedepot.com web site, and hiring specialized in-store experts. He also returned some of the decision-making to the stores: About 75% of the end caps promotions at the end of an aisle are now the choice of local and regional managers, who can use their experience to promote locally popular items. Bad customer satisfaction has brought bad media exposure. On the University of Michigan's American Customer Satisfaction Index, Home Depot fell eight points in seven years, to 67 at the end of 2007. It was the largest drop for any retailer in the index, while rival Lowe’s remained steady at 75. Claes Forrell, director of the American Customer...
Words: 570 - Pages: 3
... Ho Chi Minh city, ......, March , 2014 COMMENTS OF LECTURER Ho Chi Minh city, ......, March , 2014 Signature COMMENTS OF THE PRESENTATION LECTURER Ho Chi Minh city, ......, March , 2014 Signature CONTENTS LIST OF TABLES, PICTURES AND CHARTS 06 ABBREVIATION 07 ABSTRACT 08 Chapter 1: LITERATURE REVIEW AND CONCERN PROBLEMS 09 1.1. Overview bad debt and credit risk 09 1.2.1. Bad debt and credit risk 11 1.2.2. Consequences of bad debt for the banks’...
Words: 13909 - Pages: 56
...Case Analysis Report “Harrah’s Entertainment” BUSI2201U (Marketing 1) Group #12 By Raji Sandhu Mohamed Mounib Kyle Craner Javaad Khan Obaid Mohammed Mohammad Malik Word Count: 2001 Analysis-Problem/Opportunity Harrah’s Entertainment is a huge company with many brands and properties under its name including 40,000 hotels, 60,000 slot machines, 390 restaurants, 240 retail shops and 7 golf courses which received over $10,000,000,000 in revenue in the year 2009. Harrah’s entertainments mainly cares about and focuses on its customer loyalty and relationship, reason being it strongly believes that it is the sole reason behind why they are so successful. During 1998, Harrah’s obtained a new CEO, Gary Loveman. Loveman had turned the existing loyalty program into a total reward program which allowed people to receive points for using the card. 80% of Harrah’s customers use the improved Total rewards card implemented by Loveman. Harrah’s CEO and staff have always understood that the program was not aimed to get people into casinos but rather to maximize the customer experience. Harrah’s marketing information system is well developed and its core being the total rewards program it offers. This system has helped them focus on its specific customer target markets, as well as strive at making positive relationships with its current customers. Harrah’s has a great opportunity to reach out to its current customers through mail, since “they have a higher-than-average...
Words: 2066 - Pages: 9
...by stick to the “no-frills”, low-fare flights for underserved and remote destinations, recent years lion air become as indonesia’s largest private airline company, with more than 36 destinations (more than 36 cities in Indonesia and few overseas) Lion air had a bad record of safety flight; recently Lion Air Indonesia places a massive order amount in planes to reduce the rate of accident. In addition, recently Lion Air confronted with drug use among the pilots. 2.1 Situational analysis Based on problems that the company have, the management teams have to look into the importance key areas, such as: Lion Air Indonesia ordered 230 Boeing The Lion air management has reacted regarding bad record of flight safety in domestic flight (6 airplane crashes within 2002 – 2010) because of system of the machine failure. Therefore Lion air finalise 230 Boeing order with Boeing. Co (A. Jeziorsky, 2012). By buying massively amount of aircraft, lion air able to gain their reputation back as a safe private airline company and be able to survive in the long-term. Audit and improve crew training Furthermore, recent news stated that lion air confronted with more than 5 drug use among the crews and pilots; again this is a bad news for lion air which will ruin their reputation in the future. In addition,...
Words: 2635 - Pages: 11
... fashion retailers cannot risk a big loss by abandoning the satisfaction of customers. Customers now are the key of retailers’ success and failure. Positive customer satisfaction increases customer loyalty that will most likely lead to purchase retention. It also leads to positive word-of-mouth that will invites more customers to the retailers, which also means more profit. Thing will happen in the other way around when it comes to negative customer satisfaction. According to Kotler and Armstrong, there are two ways to gain positive customer satisfaction; they are lowering price and increasing service. At this point, it can be concluded that service quality also takes part in determining the profit of the fashion retailers. Without good service quality, customer can move to competitor easily and spread negative word-of-mouth so that a fashion retailer will lose more customers and also profit. Seeing this situation, it is questioned whether fashion retailers are aware or not to the importance of good service quality in keeping their company run well. It is assumed that international fashion retailers are more aware because they have more experience regarding it. It is also assumed that they have taken service quality seriously in running the business. This research is conducted to know whether national fashion retailers who have to compete against international ones have also increased their service quality or not in order to struggle against more demanding...
Words: 2735 - Pages: 11
...CUSTOMER SATISFACTION CUSTOMER SATISFACTION • The most important asset of any organization is its customers • Satisfied customers pay their bills promptly which greatly improves cash flow – the lifeblood of any organization ORGANIZATIONAL HIERARCHIAL DIAGRAM • • CUSTOMERS EXPERIENCE OF A PRODUCT OR A SERVICE IS MULTIFACETED SO HARD TO DETERMINE • IT NEEDS TO BE MEASURED INDIVIDUALLY TO GET AN ACCURATE TOTAL PICTURE OF CUSTOMER SATISFACTION CUSTOMER SATISFACTION CUSTOMER SATISFACTION • Customer satisfaction should not be viewed in a vacuum. • For example, a customer may be satisfied with a product or service and therefore rate the product or service highly in a survey and yet same customer may buy another product. CUSTOMER SATISFACTION • Similarly customer’s view about a product or service are useless if customer’s view about competitors products are not understood. CUSTOMER SATISFACTION • The value customers places on the product compared to another may be a better indication of customer loyalty. TYPES OF CUSTOMER External Customer Internal Customer CUSTOMER PERCEPTION OF QUALITY ASQ SURVEY SHOWS THAT IMPORTANT FACTORS THAT INFLUENCE PURCHASING ARE PERFORMANCE FEATURES SERVICE WARRANTY PRICE REPUTATION 1. 2. 3. 4. 5. 6. FEEDBACK • • • • • • • • • Comment Card. Customer Questionnaire. Focus Groups. Toll Free Telephone No. Customer Visits. Report Card. Internet & Computer. Employee Feedback. Customer complaints COMMENT CARD ...
Words: 1253 - Pages: 6
...INSTITUTE For Technology and Management Bangalore [pic] AN ASSIGNMENT OF CONSUMER BEHAVIOR On [pic] “INDIAN RAILWAYS” Submitted To: Submitted By: Prof.SRI KUMAR PRAMIL KUMAR GUPTA BANGALORE PGDM 2009-11/31 Introduction: Indian Railways.... the golden Era 16th April, 1853...............The Beginning The first railway on Indian sub-continent ran over a stretch of 21 miles from Bombay to Thane. The idea of a railway to connect Bombay with Thane, Kalyan and with the Thal and Bhore Ghats inclines first occurred to Mr. George Clark, the Chief Engineer of the Bombay Government, during a visit to Bhandup in 1843. The formal inauguration ceremony was performed on 16th April 1853, when 14 railway carriages carrying about 400 guests left Bori Bunder at 3.30 pm "amidst the loud applause of a vast multitude and to the salute of 21 guns." The first passenger train steamed out of Howrah station destined for Hooghly, a distance of 24 miles, on 15th August, 1854. INDIAN RAILWAYS, the premier transport organisation of the country is the largest rail network in Asia and the world’s second largest under one management.Indian Railways is a multi-gauge, multi-traction system covering the following: |Track Kilometres |Broad Gauge |Metre Gauge |Narrow Gauge (762/610 mm) |Total | | ...
Words: 2552 - Pages: 11
...study was authorized by Dr. Faridah Awang. The conclusion that students would benefit from a course on creating, maintaining, and improving corporate reputation is based off of primary and secondary research. They primary research was collected through interviews with 6 business executives that answered a series of questions. Analysis of the data revealed: Reputation and Company Image: Social media is an incredible tool when it comes to maintaining reputation. It allows companies to easily promote themselves and get feedback from their customers. Employees are also a key element in contributing to company image. Employees and Company Image Training and previous experience allows employers to maintain a little bit of control over what type of employees they hire. Employees receive extensive and continuous training to make them the best employees they can be. Methods Used to Stand Out Against the Competition Based on these findings and the fact that so much goes in to a company’s reputation, I think Eastern could only benefit from adding a reputation course to the curriculu Analysis of Controlling Company Reputation, Image, and Identity The analysis of Controlling Company Reputation, Image, and Identity has been grouped into: (a) Reputation and Company Image, (b) Employees and...
Words: 1889 - Pages: 8