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Question 1. 1. (TCO 2) Explain how complicated fares and the
perception of inequity between two different passengers might hurt the
credibility of airlines. Include as much detail as possible in your answer, but
focus your answer on who earns frequent flyer rewards, and how many of them are
actually redeemed. How much does poor customer satisfaction hurt their
business? What are the risks for the company? Provide a balanced answer that
looks at the “big picture” of profit and satisfaction. What changes would you
suggest for the industry? (Points : 30)
Question 2. 2. (TCO 11) Explain overall strategies for
recovering lost customers. Include as much detail as possible in your answer,
but focus your answer on feeling customer pain as described in the textbook.
Create a scenario where a customer has come to you and is very upset. Choose an
industry, describe the customer’s complaint, and how you would react in the
situation. The customer does not want to continue doing business with your
company because of the events. Explain your customer recovery efforts, and what
impact they ultimately have on the business. (Points : 30)
Question 3. 3. (TCO 4) Explain how you would exceed customer
expectations by creating value. How does perceived value differ from actual
value? What are the costs of diminished perceptions of customer value? In your
answer, focus on a particular industry and create a scenario that illustrates
your point. What is the impact on the customer, the store/location, the brand,
and ultimately the parent company? (Points : 30)
Solution: Devry BUSN258 final exam