Product quality service and price were the three factors, Ask an Expert

Management Studies

Product quality, service, and price were the three factors identified as being major determinants of a customer’s perception of value. Contrast the value formula you would use if A: You were interested in purchasing a lunch that you needed to consume in ten minutes and B: You wanted to enjoy a leisurely dinner with someone with whom you are romantically involved. Would the manner in which you evaluate value remain constant? What are the implications of your answer to RMs in the hospitality industry?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93077439

Have any Question?Write your Review or question?

Related Questions in Operation Management

Case studyellen lin vice president of supply chain at

Case Study: Ellen Lin, vice president of supply chain at Michael’s Hardware, was looking at the financial results from the past quarter and thought that the company could significantly improve its distribution costs, esp ...

1 what are some of the things you are going to have to do

1. What are some of the things you are going to have to do to legally get your business started? specifically a resaurant as well as what type of business for a restaraunt is the smartest of LLC, partnership, or corperat ...

Assignment the role of project managersresearch job boards

Assignment : The Role of Project Managers Research job boards for project manager positions. Take note of the various industries that hire project managers. Then, research statistics from the project management institute ...

1 if tobacco companies adapt their products in this way do

1. If tobacco companies adapt their products in this way, do you think this practice is ethical? 2. Can you think of companies in other industries that change the contents of their products to appeal to buyers? 3. Discus ...

A mail-order house uses 16075 boxes a year carrying costs

A mail-order house uses 16,075 boxes a year. Carrying costs are 44 cents per box a year, and ordering costs are $95. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.45 2,000 to 4,999 ...

At the american clock company there is a need to produce

At the American Clock Company, there is a need to produce 100 red wall clocks six weeks from now, where manufacturing the red clock requires one part W and two of part X, while part X requires one part Y and two of part ...

1 discuss the importance of the channel intermediaries2 how

1. Discuss the importance of the Channel intermediaries. 2. How product and service strategies are key to the implementing the marketing plan. Provide examples, especially that of well-known branded products to visually ...

Explore the problem in depth and with scholarly

Explore the problem in depth and with scholarly rigor. Provide an identification and description of the root causes of the problem or issue. Be sure not to address only symptoms of your problem. Diagnose the problem and ...

Project management integration framework -

Project Management Integration Framework - Assignment Project Charter Identify a project of interest to you. Make sure the project is not too small nor too big. A great example of a project may be purchasing a home, impl ...

1 what are your experiences positive or negative

1. What are your experiences (positive or negative) participating in the recruitment and selection process as an associate or applicant? What was the scenario and what were the outcomes? How might it have been improved? ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert