Exam 16: The Financial and Economic Impact of Service

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Research by TARP Worldwide,Inc.found that a full 96 percent of customers who report being "very satisfied" (i.e.,they are in the "top box" in satisfaction)say they will "definitely repurchase" from the same company.

(True/False)
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Toyota found that intent to purchase a Toyota automobile increased from 37 percent to _____ percent with a positive service experience.

(Multiple Choice)
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Which of the following is NOT likely to occur when a company uses an offensive marketing effect?

(Multiple Choice)
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According to field research conducted with senior executives in 60 companies,almost all companies identify and act on correct non-financial measures.

(True/False)
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The research on top box scores conducted across 10 studies by TARP Worldwide found what percent of customers who report being very satisfied (i.e.,checked the top box)say they will definitely repurchase?

(Multiple Choice)
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Offensive marketing effects involve market share,reputation and:

(Multiple Choice)
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Many companies that have adopted a customer retention strategy are now using the extent of _________ as their main measure of customer loyalty.

(Multiple Choice)
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Which of the following statements about customer perceptions of service and consumer purchase intentions is true?

(Multiple Choice)
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_____ marketing is used by companies to prevent customer defection.

(Multiple Choice)
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The research exploring the relative importance of service dimensions on overall service quality or customer satisfaction has confirmed _____ as the most critical dimension.

(Multiple Choice)
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Which of the following has the strongest effect on a service provider's profits?

(Multiple Choice)
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The increased profits a service firm realizes from customer retention result from all of the following EXCEPT:

(Multiple Choice)
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The key drivers of service quality,customer retention and profits include:

(Multiple Choice)
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The correlation between a brand's wallet allocation rule and its financial results is ________ than the relationship between previous service and financial measures.

(Multiple Choice)
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Which type of promotion has more credibility than other sources of information about a service?

(Multiple Choice)
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Toyota found that intent to purchase a Toyota automobile increased from 37 percent to _____ percent with a positive sales experience.

(Multiple Choice)
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