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NMIMS
Master of
Business Administration - MBA Semester 4
Services Marketing
Q1. The recent epidemic of Coronavirus has
really affected the world very badly. One of the sectors worst affected are
Travel & Tourism. SOTC India has seen a severe fall in business in the last
few months and does not see light at the end of the tunnel anytime soon. If the
situation continues this way, it may lead to them shutting down many of their
branches and laying of many employees. The sluggish Indian economy is not
helping their case too. You are hired as a consultant by them to suggest
possible solutions and strategies in order to combat this problem? Keep in mind
IIHS and the service marketing mix.
Answer. People include the customers, employees, and
management. An essential ingredient to any service provision is the use of
appropriate staff and people. In service marketing, customers also have an
active role in the service delivery. A good service provider should ensure that
the service as well as its experience delights the customers and not just
satisfies him/her. Customers should look forward for such experience and
benefit from service. For example, home delivery of restaurant food requires
the involvement of people – order takers, cooks, parcel handlers, delivery boys
and of course the customer who has to provide correct details about his
address, dishes ordered and pay the bill immediately at delivery.
Service industry
is all about serving people, so they should all be satisfied with the services
provided to them. To provide better service, employees should be well trained,
skillful and experienced. Service
Q2. The recent judgement by the Supreme Court
with regards to AGR has forced Vodafone Idea to pay a huge amount as fine
before the deadline. This hurts the already bleeding company even more. Post
the entry of Jio, the telecom market has gone through a complete turmoil with
the low rates and growing taxation burden. The situation has turned so bad that
Vodafone wants to quit the Indian Market. The recent price increase has not
helped improve the situation a lot. Can you as a student of Service Marketing
analyze the problem at hand and provide possible solutions and revenue streams
or methods to contain losses? Use the SERVQUAL Model to analyze the same? Also
use the concept of Customer Loyalty to your advantage?
Answer. Today, the customer, who is being provided
with an array of choices, is the king. He can choose what to buy what not to
buy and from where, so a good retailer will always strive to achieve the
maximum customer satisfaction. After the customer satisfaction comes the
loyalty to the customer, which plays a major role in bonding and cementing the
relationship of the retailer and the customer. Last but not the least is the
profit part, which without saying is the most important aspect of any business.
Today, many
organizations are faced with significant challenges in the area of customer
service and service delivery, both internally and externally. The constant
change in demographics coupled with high customer expectations is making
organizations rethink its customer service strategies. Strategies and tactics
that worked in the past are less effective and require more effort to execute.
In an era where service has become a defining factor for customers,
Q3. The recent decision by the Indian
Government to divide the State of Jammu & Kashmir into Union Territories
and open it for investors of the world has been met with a lot of cheer by the
Industry. Kashmir sure has a lot to offer but it also brings with it, its
shares of problems. Use the Service Branding Model, Service Communication Model
and Moment of Truth to your advantage?
a. You are a part of the planning team
organizing a summit to invite investors from the service sector to tap
Kashmir’s potential. Can you suggest strategies in order to woo the investors?
b. Can you also enlist the hurdles that will
come by and suggest possible solutions for the same?
Answer. a) Branding demands a thorough study of the
target market. It must be able to do more than just gauge the pulse of current
customer requirements; it must anticipate or create anticipation. In other
words; it is a strategy that must remain two steps ahead of current trends and
patterns, always in synchronization and always promising
Kashmir is one of
the most beautiful and excited places in our country and after the recent
announcement, investors are free to invest in Kashmir and make the
infrastructure stronger than ever. India plans to offer around 6,000 acres
(2,400 hectares) of land in Kashmir as part of a business summit.
Get fully solved
assignments.
For queries mail us at: subjects4u@gmail.com or contact at
08894344452, 08728863595
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