Podcast
Questions and Answers
What is one of the roles of uniforms in a company?
What is one of the roles of uniforms in a company?
Which strategy is NOT recommended for effective management of servicescape?
Which strategy is NOT recommended for effective management of servicescape?
How does servicescape influence a company's external marketing goals?
How does servicescape influence a company's external marketing goals?
What does culture NOT define within a company?
What does culture NOT define within a company?
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What is a potential drawback of having a poor organizational culture?
What is a potential drawback of having a poor organizational culture?
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What is the primary focus of the Turtle method in an organization?
What is the primary focus of the Turtle method in an organization?
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Which of the following is NOT a component of developing Standard Operating Procedures (SOP)?
Which of the following is NOT a component of developing Standard Operating Procedures (SOP)?
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Which question is useful in evaluating the effectiveness of a flow chart?
Which question is useful in evaluating the effectiveness of a flow chart?
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Which practice is part of creating a learning organization?
Which practice is part of creating a learning organization?
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What does a 360-degree assessment typically involve?
What does a 360-degree assessment typically involve?
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What is the primary risk associated with the cost leadership strategy?
What is the primary risk associated with the cost leadership strategy?
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Which dimension of service quality emphasizes the appearance of premises and personnel?
Which dimension of service quality emphasizes the appearance of premises and personnel?
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Which of the following best describes differentiation in a service context?
Which of the following best describes differentiation in a service context?
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What distinguishes differentiation focus from standard differentiation?
What distinguishes differentiation focus from standard differentiation?
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What is the primary focus of the reliability dimension in service quality?
What is the primary focus of the reliability dimension in service quality?
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Which of the following segmentation variables does NOT fall under demographic segmentation?
Which of the following segmentation variables does NOT fall under demographic segmentation?
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What does the Job to Be Done (JTBD) theory focus on?
What does the Job to Be Done (JTBD) theory focus on?
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What aspect of service quality does empathy primarily concern?
What aspect of service quality does empathy primarily concern?
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Which characteristic defines services according to the content provided?
Which characteristic defines services according to the content provided?
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What is the purpose of service blueprinting?
What is the purpose of service blueprinting?
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Which of the following is a strategic action taken during the targeting phase of market segmentation?
Which of the following is a strategic action taken during the targeting phase of market segmentation?
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Cost focus strategy is primarily characterized by which factor?
Cost focus strategy is primarily characterized by which factor?
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Which of the following statements best describes the assurance dimension in service quality?
Which of the following statements best describes the assurance dimension in service quality?
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What does the importance vs satisfaction matrix help to analyze?
What does the importance vs satisfaction matrix help to analyze?
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What is a key component of responsiveness in service quality?
What is a key component of responsiveness in service quality?
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Which of the following is an element of the tangibles dimension in service quality?
Which of the following is an element of the tangibles dimension in service quality?
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What does blueprinting primarily help visualize?
What does blueprinting primarily help visualize?
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Which type of business process directly delivers value to customers?
Which type of business process directly delivers value to customers?
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What is a key characteristic of the Time-Cost-Quality Triangle?
What is a key characteristic of the Time-Cost-Quality Triangle?
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What distinguishes Business Process Re-engineering (BPR) from Business Process Management (BPM)?
What distinguishes Business Process Re-engineering (BPR) from Business Process Management (BPM)?
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What is one of the main goals of Business Process Re-engineering (BPR)?
What is one of the main goals of Business Process Re-engineering (BPR)?
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Which process involves collaboration across different companies?
Which process involves collaboration across different companies?
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How do customers typically judge business processes?
How do customers typically judge business processes?
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What does service mapping ensure in the context of service delivery?
What does service mapping ensure in the context of service delivery?
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What is a key characteristic of quality that implies it cannot be defined precisely?
What is a key characteristic of quality that implies it cannot be defined precisely?
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Which of the following best describes the concept of 'Dynamic Quality'?
Which of the following best describes the concept of 'Dynamic Quality'?
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Which principle is NOT part of the 7 Quality Management Principles according to ISO 9000-9001?
Which principle is NOT part of the 7 Quality Management Principles according to ISO 9000-9001?
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What is the primary focus of quality for managers?
What is the primary focus of quality for managers?
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Which type of value is closely related to emotional appeal and social connection?
Which type of value is closely related to emotional appeal and social connection?
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What does the equation $Qe = Qed - Qee$ represent in terms of quality?
What does the equation $Qe = Qed - Qee$ represent in terms of quality?
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What is the significance of the 'Standardization pyramid'?
What is the significance of the 'Standardization pyramid'?
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In VUCA, what does 'Complexity' refer to?
In VUCA, what does 'Complexity' refer to?
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Quality that meets or exceeds customer expectations is characterized by which of the following?
Quality that meets or exceeds customer expectations is characterized by which of the following?
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Which statement best summarizes the idea that 'There is nothing permanent except change'?
Which statement best summarizes the idea that 'There is nothing permanent except change'?
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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.
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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.