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Customer satisfaction measurement in the private bank sector
Institution:1. Commercial Bank of Greece, Sofokleous 11, Athens 10235, Greece;2. Decision Support Systems Laboratory, Technical University of Crete, University Campus, Chania 73100, Greece;1. Arshad Ayub Graduate Business School, Universiti Teknologi MARA, 40450, Shah Alam, Selangor, Malaysia;2. Faculty of Business & Management, Universiti Teknologi MARA, 40450, Shah Alam, Selangor, Malaysia;1. School of Production Engineering and Management, Technical University of Crete, Chania, Greece;2. Department of Maritime Studies, University of Piraeus, Greece
Abstract:Customer satisfaction represents a modern approach for quality in enterprises and organisations and serves the development of a truly customer-focused management and culture. Measuring customer satisfaction offers an immediate, meaningful and objective feedback about clients’ preferences and expectations. In this way, company’s performance may be evaluated in relation to a set of satisfaction dimensions that indicate the strong and the weak points of a business organisation. This paper presents an original customer satisfaction survey in the private bank sector. The implemented methodology is based on the principles of multicriteria analysis and preference disaggregation modelling. The most important results are focused on the determination of the critical service dimensions and the segmentation to customer clusters with distinctive preferences and expectations.
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