100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MNM1502 Summarised Study Notes R50,00
Add to cart

Exam (elaborations)

MNM1502 Summarised Study Notes

1 review
 36 views  1 purchase

Latest exam pack summarized notes for exam preparation. for assistance. All the best on your exams!!

Preview 4 out of 67  pages

  • January 13, 2022
  • 67
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (7)

1  review

review-writer-avatar

By: nlbmohapi • 2 year ago

avatar-seller
iStudy
MNM1502

NOTES

,Understanding Customer Service: Study Unit 1
1.1 Introduction to customer service

1.1.1 Customer service can be defined as:
The process whereby value is added by delivering service to internal and external customers in support of the organisation’s core
products and service offerings, whenever customers engage with the organisation.
1.1.2 Customer: Recipient of Goods and services from a supplier.

Any organisation has two types of customers - internal customers and external customers.

Internal External
Customers Customers
the groups of individuals who work inside the groups of individuals outside the
an organisation and with whom other organisation that the organisation does
employees interact on a daily basis. business with

Examples: Examples:
● An individual buying bread at a spaza shop. Tebogo walks into a fast-food outlet to order a chicken meal. Brouly is
● Paying a hairdresser to do your hair the friendly employee who greets Tebogo and takes his order. Tebogo’s
● Sending an e-mail to an insurance order is processed on the system and the kitchen staff starts to prepare
organisation his meal.
● Phoning a bank about a blocked account
In the scenario: Brouly is the internal customer as his service depends
on the kitchen’s staff to prepare Tebogo’s meal.

,External customers all have different wants and they can be categorized into five basic needs.

1. Service: customers tend to expect a certain level of service which they think is appropriate in accordance with the size of the
transaction they make.

2. Price: people have limited financial resources and therefore want to spend their money wisely and efficiently as possible.

3. Quality: Customers have a need to buy quality products – products that are durable, functional and will last for a reasonable
time.

4. Action: customers are looking for action. They want to see the organisations are willing to act and react by making toll-free
numbers or e-mail addresses available where they can log problems or queries.

5. Appreciation: customers want to feel valued and special. They want to hear words like thank you for supporting the
organisation.

, 1.2 Importance of Excellent Customer Service

Benefits of providing excellent customer service / customer satisfaction

1. Lower Customer Acquisition cost
2. Higher levels of customer retention
3. More profitable
4. Increase in sale/revenue
5. Cost savings
6. Generating positive word-of-mouth
7. Willingness to pay a premium price
8. Higher employee morale, leading to an increase in productivity

Characteristics of excellent customer services that organisation possess.

1. Customer service is a team effort.
2. All necessary process should be in place.
3. Organisations that continually look for new ways to improve their customer service.
4. Customer service should be the organisations main selling point.
5. Building relationships with customers.
6. Using the latest technology.

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 EFT, 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 this summary from?

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

Will I be stuck with a subscription?

No, you only buy this summary for R50,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53022 documents were sold in the last 30 days

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

Start selling
R50,00  1x  sold
  • (1)
Add to cart
Added