Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/1721.1/1617
Title: Channel Coordination Mechanisms for Customer Satisfaction
Keywords: short-term orientation
long-term orientation
channel distribution
CSI
Game Theory
customer satisfaction index
Issue Date: 1-Jun-2013
Description: We consider two broad categories of incentives by which a manufacturer can motivate its retailers to provide high customer satisfaction: 1) manufacturer assistance that reduces the retailer's cost of providing customer satisfaction (CS assistance); and 2) customer satisfaction index (CSI) bonus. We show that if a retailer has a long-term orientation, CS assistance is a more effective coordination mechanism that induces the retailer to expend more effort at customer satisfaction. However if the retailer has a short-term orientation, CSI bonus is a more effective coordination mechanism. We then show that a long-term retailed is more valuable to a manufacturer than a short-term oriented one. Finally, we show that the use of CSI incentives results in greater profits for both the manufacturer and the retailer.
URI: http://koha.mediu.edu.my:8181/jspui/handle/1721
Other Identifiers: http://hdl.handle.net/1721.1/1617
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