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ch 12 mkt
ch 12
| Question | Answer |
|---|---|
| intangibility | service and other experience based products that we can't touch |
| Perishability | characteristic of a service that makes it impossible to store for later sale or consumption |
| Capacity Management | process by which organizations adjust their services in an attempt to match supply with demand |
| Variablity | over time even the same service that the same individual performs for the same customer changes |
| Inseperability | impossible to divide the production of a service from the consumption of that service |
| Service encounter | actual interaction between customer and service provider |
| Servicescape | environment in which the service is delivered and where the firm and the customer interact |
| SERQUAl scale | popular instrument to measure customers perceptions of service quality |
| tanglibles | physical evidence of service quality |
| reliability | ability to dependably and accurately provide what was promised to the customer |
| Responsiveness | willingness to help customers and provide prompt service |
| Assurance | knowledge and courtesy of employees that conveys trust and confidence |
| Empathy | degree to which the service provider genuinely cares about customers and takes the customer perspective into account when deievering service |
| Pure selling approach | agent presents a client's qualifications to potential buyers until they find one who is willing to act an an intermediary |
| Product improvement approach | agent works with the client to modify certain characteristics that will increase their market value |
| Market fulfillment approach | agent scans that market to identify unmet needs |
| Changing demographics | population ages, service industries that meet the needs of older consumers will see dramatic growth |
| Technology | use technology to allow everyday people to provide as well as consumer services |
| Globalization | increase the needs for logistics and distribution services to move goods around the world and for accounting and legal services that facilitate these global exchanges |