Business Management Concepts Quiz
44 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is one of the roles of uniforms in a company?

  • To increase employee fatigue
  • To reduce perception among employees
  • To create group structure (correct)
  • To limit employee interactions
  • Which strategy is NOT recommended for effective management of servicescape?

  • Utilize feedback from customers and staff
  • Modernise the servicescape regularly according to trends
  • Monitor competitor's servicescape selectively (correct)
  • Blueprint the physical evidence of service
  • How does servicescape influence a company's external marketing goals?

  • By aiding in segmentation and differentiation from competitors (correct)
  • By intensifying internal conflicts among staff
  • By preventing customer engagement
  • By incorporating personal employee stories
  • What does culture NOT define within a company?

    <p>The hiring strategies used to recruit staff</p> Signup and view all the answers

    What is a potential drawback of having a poor organizational culture?

    <p>Increased opportunities for fraud</p> Signup and view all the answers

    What is the primary focus of the Turtle method in an organization?

    <p>Reviewing and understanding processes</p> Signup and view all the answers

    Which of the following is NOT a component of developing Standard Operating Procedures (SOP)?

    <p>Employee motivation strategies</p> Signup and view all the answers

    Which question is useful in evaluating the effectiveness of a flow chart?

    <p>Are the steps arranged in logical sequence?</p> Signup and view all the answers

    Which practice is part of creating a learning organization?

    <p>Learning from past experiences</p> Signup and view all the answers

    What does a 360-degree assessment typically involve?

    <p>Collecting feedback from various levels within the organization</p> Signup and view all the answers

    What is the primary risk associated with the cost leadership strategy?

    <p>Other firms may lower their costs as well</p> Signup and view all the answers

    Which dimension of service quality emphasizes the appearance of premises and personnel?

    <p>Tangibles</p> Signup and view all the answers

    Which of the following best describes differentiation in a service context?

    <p>Creating a unique service that customers perceive as superior</p> Signup and view all the answers

    What distinguishes differentiation focus from standard differentiation?

    <p>Operating in a narrow market with unique services</p> Signup and view all the answers

    What is the primary focus of the reliability dimension in service quality?

    <p>Performing services accurately</p> Signup and view all the answers

    Which of the following segmentation variables does NOT fall under demographic segmentation?

    <p>Lifestyle</p> Signup and view all the answers

    What does the Job to Be Done (JTBD) theory focus on?

    <p>Understanding the tasks consumers want to achieve</p> Signup and view all the answers

    What aspect of service quality does empathy primarily concern?

    <p>Individual attention to customers</p> Signup and view all the answers

    Which characteristic defines services according to the content provided?

    <p>Services are time-perishable and often intangible</p> Signup and view all the answers

    What is the purpose of service blueprinting?

    <p>To map the service delivery process from the customer's perspective</p> Signup and view all the answers

    Which of the following is a strategic action taken during the targeting phase of market segmentation?

    <p>Assessing the appeal of each segment</p> Signup and view all the answers

    Cost focus strategy is primarily characterized by which factor?

    <p>Focusing on pricing relative to competitors in a narrow market</p> Signup and view all the answers

    Which of the following statements best describes the assurance dimension in service quality?

    <p>Inspiring confidence in customers through knowledgeable employees</p> Signup and view all the answers

    What does the importance vs satisfaction matrix help to analyze?

    <p>The relative importance of various service features to customers</p> Signup and view all the answers

    What is a key component of responsiveness in service quality?

    <p>Prompt service to customers</p> Signup and view all the answers

    Which of the following is an element of the tangibles dimension in service quality?

    <p>Modern equipment</p> Signup and view all the answers

    What does blueprinting primarily help visualize?

    <p>The customer's journey and service touchpoints</p> Signup and view all the answers

    Which type of business process directly delivers value to customers?

    <p>Primary processes</p> Signup and view all the answers

    What is a key characteristic of the Time-Cost-Quality Triangle?

    <p>One factor is often fixed while the others vary inversely</p> Signup and view all the answers

    What distinguishes Business Process Re-engineering (BPR) from Business Process Management (BPM)?

    <p>BPR is a hard approach, while BPM is softer and gradual</p> Signup and view all the answers

    What is one of the main goals of Business Process Re-engineering (BPR)?

    <p>To eliminate non-value-adding activities</p> Signup and view all the answers

    Which process involves collaboration across different companies?

    <p>Inter-organizational processes</p> Signup and view all the answers

    How do customers typically judge business processes?

    <p>According to measures of time, quality, and costs</p> Signup and view all the answers

    What does service mapping ensure in the context of service delivery?

    <p>All service aspects are accounted for</p> Signup and view all the answers

    What is a key characteristic of quality that implies it cannot be defined precisely?

    <p>Quality is innate excellence.</p> Signup and view all the answers

    Which of the following best describes the concept of 'Dynamic Quality'?

    <p>Recognized before being theorized and cannot be measured.</p> Signup and view all the answers

    Which principle is NOT part of the 7 Quality Management Principles according to ISO 9000-9001?

    <p>Cost minimization</p> Signup and view all the answers

    What is the primary focus of quality for managers?

    <p>Perfection and speed of delivery.</p> Signup and view all the answers

    Which type of value is closely related to emotional appeal and social connection?

    <p>Experiential value</p> Signup and view all the answers

    What does the equation $Qe = Qed - Qee$ represent in terms of quality?

    <p>Quality based on customer expectations minus delivered experience.</p> Signup and view all the answers

    What is the significance of the 'Standardization pyramid'?

    <p>Defines the hierarchy of quality standards from local to international levels.</p> Signup and view all the answers

    In VUCA, what does 'Complexity' refer to?

    <p>The confusion arising from multiple interconnected issues.</p> Signup and view all the answers

    Quality that meets or exceeds customer expectations is characterized by which of the following?

    <p>Providing a product that satisfies customer needs.</p> Signup and view all the answers

    Which statement best summarizes the idea that 'There is nothing permanent except change'?

    <p>Organizations must regularly adapt to new conditions.</p> Signup and view all the answers

    Study Notes

    Service Quality and Design

    • Quality is a competitive advantage, a habit, not an accident, but a result of intelligent effort.
    • Managers view quality as perfection, consistency, elimination of waste, speed of delivery, providing a usable product, and doing things right the first time.
    • Customer experience (CX) is important alongside quality.
    • Standardization includes (but is not limited to) national, European, and international.
    • Quality is the set of properties and characteristics of a product or service that meets expressed or implied needs (ISO).

    Quality is Excellence

    • Quality is innate excellence, intuitively understood, and learned through experience.
    • Quality is the best, most admirable result possible, without compromise or using premium inputs and processes.

    Quality is Value

    • Quality is something something is considered important or deserved.
    • Values include worth, material or monetary worth, and a product's worth compared to its price.
    • Definitions of quality often consider an acceptable price or cost relative to the performance offered.

    Types of Value

    • Functional value is a prevalent approach.

    Quality is Value

    • Customer benefits include product value, service value, personnel, and image value.
    • Customer costs include monetary costs, time costs, energy costs, and psychological costs.
    • Quality = delivered experience – expected experience.
    • Conforming to specifications is key to quality.
    • Preventing defects and offering high-quality products are important.
    • Quality is the ability to meet expressed or implicit needs.
    • Quality is meting or exceeding customer expectations.
    • Individual consumer preferences for quality, needs, and satisfaction vary.

    Excellence, Value, Conformance, and Meeting Expectations

    • Excellence is strongly marketed and broadly recognised.
    • Value is encompassing and includes attributes, efficiency, functionality, and external effectiveness.
    • Conformance to specifications is precise measurement and increased efficiency.
    • Meeting expectations evaluates from a customer perspective, applicable across industries, responsive to change, and encompasses multiple aspects.

    Static vs Dynamic Quality

    • Static quality is expected and measured in a lab, stable, and enduring.
    • Dynamic quality isn't easily defined and measured in a lab.
    • It's recognised before being theorized and understood through analogies.
    • Breaking stability creates daily quality needs.

    7 Quality Management Principles

    • Leadership
    • Customer focus
    • Engagement of people (involvement)

    Business Processes and Management

    • Process approach is a system approach to management.
    • Continuous improvement, evidence-based decision-making, and mutually beneficial supplier relationships are important.
    • The nature of the market is volatile, uncertain, complex, and ambiguous (VUCA).

    Five Forces of Porter

    • Potential new entrants
    • Bargaining power of suppliers
    • Threats of substitutes
    • Competitive rivalry
    • Bargaining power of buyers

    Resources and Competencies

    • Resources are assets (tangible & intangible).
    • Competences are efficiency in deploying assets.
    • Supply chain management and organizational culture are examples of competencies.
    • The VRIN or VRIO Framework assesses resources and capabilities to determine sustainable competitive advantage. (valuable, rare, inimitable, non-substitutable)

    Generic Strategies for Positioning Services

    • Cost leadership, Differentiation, Cost focus, Differentiation focus are discussed.

    Job to be Done (JTBD) Theory

    • Focuses on consumer's tasks and objectives rather than their needs.
    • This is crucial for service design and development efforts.

    Nature of the Service

    • Service delivery is time-perishable, intangible experiences for co-producing customers.
    • Different service recipient types focus on different aspects like people, physical possessions, or intangible assets.

    Service Process Matrix

    • A diagram showing service delivery steps, relationships between teams and customers.
    • The nature of service delivery and relationships varies continuously or discretely.

    Importance Versus Satisfaction Matrix

    • Understanding customer importance and satisfaction levels is helpful for improving restaurant performance.

    Service Blueprint

    • A map identifying customer actions and associated service delivery steps.
    • Identifies touchpoints for design, management, and improvement.

    Managing Service Quality Gaps (SERVQUAL)

    • Analysing gaps between customer expectations and perceived service quality.
    • Understanding factors influencing expectations and perceived service is crucial.

    Maintaining Quality in Service Delivery

    • Ensuring customer responsiveness, assurance, empathy, and quality is essential.

    Culture Dictates Behaviour

    • Strong company cultures are capable and adaptable.
    • Understanding a company's culture is essential.
    • Organizations define themselves through beliefs, values and norms.

    Employee and Customer Management

    • Hiring practices help to gain and retain high-quality employees.
    • Recruitment sources, selection criteria, and training help a business grow through staff retention.
    • Performance appraisal and development are essential to improve employee performance.
    • There is a strong link between employee happiness and customer loyalty.

    Learning Organisation

    • Continuous learning and skill development are essential for organisations to thrive in today's changing world.

    Knowledge-Oriented Organizations

    • Employing smart people is important.
    • Knowledge-oriented organizations use resources to achieve organizational goals.
    • Knowing who generates innovative ideas is essential.

    Managing Service Capacity

    • Adjusting capacity to meet customer demand.
    • Analyzing how many customers can be served is important.
    • Take reservations, close the door, manage demand, adjust capacity. Queuing techniques help service providers be efficient.

    Waiting Lines

    • Understanding patterns and types of waiting lines is important.
    • Managing waiting lines and finding solutions to eliminate bottlenecks is important in today's services.

    Parts and Whole Analysis

    • Understand how service, products, and experiences can be improved by focusing on both parts and wholes.

    Customer Behaviour

    • Understanding customers' motivations and needs.
    • Primary and secondary customer types, their decision processes, and evaluations are helpful in understanding customer needs.

    Service Quality

    • The ability to perform services reliably and accurately.
    • Assurance
    • Tangibles
    • Empathy
    • Responsiveness
    • Knowledge, courtesy and competence, communication.

    Market Segmentation

    • Analyzing geographic, customer, and demographic variables to better understand the target customer.

    Ways to Manage Capacity

    • Take Reservations
    • The Door Is Closed
    • Manage Demand
    • Manage Capacity

    Success Principles/Triangulation Framework

    • The knowledge, skills, and attitude (KSA) framework.
    • Defining how to meet customer needs is important for the success and growth of the business.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    Service Quality and Design PDF

    Description

    Test your knowledge of key business management concepts including organizational culture, servicescape, and differentiation strategies. This quiz covers various aspects of effective management practices and service quality dimensions. Challenge yourself with questions that guide you through the fundamentals of managing a business effectively.

    More Like This

    Use Quizgecko on...
    Browser
    Browser