Chapter 4-8 Flashcards

Strategy and Empowerment, Loyal Customer, Technology and Social Media

1
Q

Variables in strategy

A

Planning
Infrastructure
Culture
High & low touch
Consumption behaviour
Market segmentation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Ways to empower employees

A

Training employee
Assign mentor
Reward empowered
Allow make decision
Provide tools

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Benefits of empowerment

A

Loyal employee
Effective communication
Creative & innovative
Increase customer satisfaction
Assist in advancing their career

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Value of existing customer

A

More than one time
Cheaper
Desire company to expand offering
Shop regularly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Customer loyalty programme

A

Examine who & what specific needs
Identify specific objective
Create manageable programme
Creating culture stimulates interest
Prepare a timetable to evaluate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Benefits of measuring the effectiveness of a loyalty programme

A

Identify weakness
Promote corrective action
Gain knowledge of customers’ real needs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Benefits of social media to the company

A

Re-evaluate how they serve
Provide less expensive alternative
Increase collaboration in problem-solving

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Tips interact with customers via social media

A

Share trending
Express appreciation for the referral
Share information
Use status update
Link to other resources

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

21st-century customers expect…

A

Availability
Accessibility
Accountability

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Steps to accept new technology

A

Prepare staff
Train supervisor/ team leader
Develop a group
Sell vision
Give credit
Be positive
Celebrate small success
Avoid giving up (shelf syndrome)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Additional web-based services

A

Email
Online tutorials
Webinars
Online bill payment
Technical assistance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly