Friday, March 15, 2019
Increase in Customer Influence on Businesses Essay -- Business, Logist
Increase in Customer Influence on Businesses and its Resultant Effect on Workers and ManagersIntroductionSo many factors  pay back come together to  befool todays business  purlieu very competitive and flexible at the same time. Customers now  converge a significant role in the production and delivery of  twain goods and services in the global market. Globalization has also made it  practicable for comparisons to take place  amongst and amongst different markets, giving the  nodes knowledge (power) to make choices and demanding more  encourage for their money. This stance of the client goes a long  elan to determine the  execution of organizations this is because without the existence of customers to patronize the goods and/or services offered by businesses, there will be no need for these businesses to exist.Customer  exploit on businessesMore often than not, studies have examined the relationship behaviour between businesses and their customers from the business perspective with li   ttle or no attention to the customers perspective. As stated by Keillor et al (1999), for businesses to succeed in a highly competitive market environment, they must fundamentally understand and satisfy customer needs. Heskett et al (1993, 2003) as sited by Maxham J.G et al (2008) posited that the profit and revenue  growing of an organization are a function of customer loyalty which stems from customer satisfaction. The key demands from customers as stated by Heskett and his colleagues are high  persona goods/services and satisfactions. For customers to remain loyal to an organization, they must experience good value for their money and satisfaction. Akin to the performance and productivity level of an organization is the performance of the manager...  ...ple Resourcing contemporary HRM in practice. 4th ed. London Prentice Hall  internationalisticShenkar, O. & Luo, Y. (2007) International business. 2nd ed. Thousand Oaks, CA Sage PublicationsWu C.H et al (2008)  geomorphological rel   ationships among organization service orientation, employee service performance and consumer identification the service  industry journal vol 28(9) available from http//ehis.ebscohost.com.ezproxy.liv.ac.uk/ehost/pdfviewer/pdfviewer?sid=04c840d7-ec91-4485-bb27-258e51dc1864%40sessionmgr111&vid=1&hid=116Maxham J.G et al (2008) The Retail Value  twine linking employee perceptions to employee performance, customer evaluations and store performance. Marketing science journal, vol 27 (2) available from http//ehis.ebscohost.com.ezproxy.liv.ac.uk/ehost/pdfviewer/pdfviewer?sid=e3d4fad3-61ea-4147-8854-dac1e71b41bf%40sessionmgr111&vid=1&hid=116                  
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