Exam 5: The Voice of the Customer

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________ is a process for developing relationships with few suppliers for long-term contracts.

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A

Criterion validity refers to whether the item really measures what we want to measure.

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________ validity refers to the use of certain terms and whether terms really measure what it is we want to measure.

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Describe the concept of single sourcing. How is single sourcing related to strategic alliances?

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The process associated with resolving complaints is called the complaint-response process.

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The SERVQUAL instrument was developed by ________.

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________ validity refers to whether the item really measures what we want to measure.

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The gap refers to the differences between ________.

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Improving services such as customer service policies, sales processes, and after-sales services according to customer preferences is referred to as transactional analysis.

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Churn reduction involves the reduction in the loss of ________.

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To segment markets means to distinguish customers or markets according to common characteristics.

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What are the three phases of customer-relationship management?

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What is gap analysis?

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The enhancement phase of customer-relationship management involves improving service to the customer through the use of information systems.

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Due to constantly changing customer needs, the reactive approach to customer-driven quality could lead to problems if customer requirements increase at a faster rate than quality and service improvement.

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The approach authorizing major suppliers to make purchases for their own accounts, resulting in suppliers providing only what is needed when it is needed, is referred to as ________.

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The reliability determinant of service quality concerns the willingness or readiness of employees to provide service.

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Customer rationalization results from agreement between marketing and operations as to which customers add the greatest advantage and profits over time.

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The view of the customer that asserts that he or she is a valued asset to be managed is referred to as ________.

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External customers are employees receiving goods or services from within the same firm.

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