100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AIS 25 Questions with correct Answers $12.49   Add to cart

Exam (elaborations)

AIS 25 Questions with correct Answers

 6 views  0 purchase
  • Course
  • Ais
  • Institution
  • Ais

AIS 25 Questions with correct Answers Quality Revolution A broad term used to describe the shift in outlook among managers and executives in all organizations that arose with the growing realization that quality can be equated with customer satisfaction This movement recognizes the need for cont...

[Show more]

Preview 2 out of 12  pages

  • August 4, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Ais
  • Ais
avatar-seller
Pogba119
AIS 25 Questions with correct Answers

Quality Revolution - answer A broad term used to describe the shift in outlook among
managers and executives in all organizations that arose with the growing realization that
quality can be equated with customer satisfaction This movement recognizes the need
for continuous improvement of services

Continuous improvement - answer The organizational condition achieved through
customer orientation, process improvement, and employee involvement

Intangibility - answer The absence of physical characteristics For continuous
improvement efforts, it underscores the difficulty of measuring or quantifying service

Quality initiatives - answer A way to respond to an increasingly competitive business
environment and a means of improving service

Change in business operations - answer Tends to be initiated by an internal desire to
improve the organization or by external forces, which usually consist of competitive,
financial, or technology forces

Juran Trilogy - answer Quality planning, Quality control, and Quality improvement

Quality planning - answer A process that identifies the customers, their
requirements, the product and service features the customers expect, and the
processes that will deliver those products and services with the correct attributes and
facilitates the transfer of this knowledge to the producing arm of the organization

Quality control - answer A process in which the product is actually examined and
problems detected are then corrected

Quality Improvement - answer A process in which the sustaining mechanisms are
put in place so that quality can be achieved on a continuous basis. This includes
allocating resources, assigning people to pursue quality projects, training, and generally
establishing a structure to pursue quality and to maintain the gains secured

Joseph Juran and W. Edwards Deming - answer Generally credited with bringing the
Quality Revolution to America

Jan Carlzon - answer Established a reputation for his continuous improvement
efforts while chief executive officer of SAS, an international airline, he coined the term
"moments of truth," which has proven useful to students of continuous improvement

, Insurance product intangibility vs. customer satisfaction - answer The customer's
inability to physically hold the contract or understand the promise to pay future claims or
the benefits it provides for them

Insurance product complexity vs. customer satisfaction - answer Customers do not
understand the terminology used and associated with insurance policies and often do
not understand the benefits provided by the policy or the way insurance works

Insurance product legal status vs. customer satisfaction - answer Because an
insurance policy is a legal contract, the use of lawyers, courts, and judges is sometimes
needed to understand the benefits to which customers are entitled; producers and
insurers also help explain the provisions and benefits to customers.

Insurance product benefits vs. customer satisfaction - answer The benefit that
customers are most likely to recognize is revealed at the time of a loss, payment of
losses.

Benefits of insurance for the insured - answer Payment for losses, reduction of
uncertainty, loss control, efficient use of resources, and support for credit

Benefits of insurance for society - answer Reduction of social burdens, satisfaction of
legal and business requirements, and source of investment funds

Media influence on Insurance - answer When the media cite only the benefit of
insurance as the payment of losses, they minimize the value of that lone benefit,
consumers do not realize their significance and value

Karl Albrecht and Ron Zemke - answer Business experts who in their book, "Service
America," cite characteristics specific to services

Albrecht & Zemke's characteristics specific to services - answer (1) service is
produced at the instant of delivery and cannot be created in advance and stored in
inventory (2) service cannot be centrally produced, inspected, and stockpiled (3) service
cannot be demonstrated in advance, nor can a sample be sent in advance for approval
(4) in the absence of a tangible product, customers value service on the basis of their
own personal experience (5) the service experience cannot be resold or transferred to a
third party (6) faulty service cannot be recalled (7) quality assurance is required before
production (8) delivery of service usually requires human interaction (9) customers'
assessments of service quality are subjective and strongly influenced by expectations
and (10) customers' assessments of service quality tend to decrease in proportion to the
number of employees they encounter during the delivery of service

Insurance as a service - answer Approach customer satisfaction from this point of
view, insurance can and will be compared with other services rather than products, the
performance of the promise contained in an insurance policy, for instance, is produced

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Pogba119. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73243 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart