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MKTG 3301 EXAM 2 (8-13) STUDY GUIDE

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MKTG 3301 EXAM 2 (8-13) STUDY GUIDE

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MKTG 3301 EXAM 2 (8-13) STUDY GUIDE

communication gap - Answers - a type of service gap; refers to the difference between
the actual service provided to cusomers and the service that the firm's promotion
program promises

customer service - Answers - specifically refers to human or mechanical activities firms
undertake to help satisfy their customers' needs and wants

delivery gap - Answers - a type of service gap; the difference between the firm's service
standards and the actual service it provides to customers

distributive fairness - Answers - pertains to a customer's perception of the benefits he or
she received compared with the costs(inconvenience or loss) that resulted from a
service failure

emotional support - Answers - concern for others well-being and support of their
decisions in a job setting

empowerment - Answers - in context of service delivery, means allowing employees to
make decisions about how service is provided to customers

heterogeneity - Answers - as it refers to the differences between the marketing of
products and services, the delivery of services is more

inseparable - Answers - a characteristic of a service: it is produced and consumed at
the same time; that is, service and consumption are inseparable

instrumental support - Answers - providing the equipment or systems needed to perform
a task in a job setting

intangible - Answers - a characteristic of a service; it cannot be touched, tasted, or seen
like a pure product can

knowledge gap - Answers - a type of service gap, that reflects the difference between
the customers' expectations and the firms perception of those expectations

perishable - Answers - a characteristic of a service; it cannot be stored for use in the
future

procedural fairness - Answers - refers to the customer's perception of the fairness of the
process used to resolve complaints about the service

, service - Answers - any intangible offering that involves a deed, performance, or effort
that cannot be physically possessed; intangible customer benefits that are produced by
people or machines and cannot be separated from the producer

service gap - Answers - results when a service fails to meet the expectations that
customers have about how it should be delivered

service quality - Answers - customers' perceptions of how well a service meets or
exceeds their expectations

standards gap - Answers - a type of service gap; pertains to the difference between the
firm's perceptions of customers' expectations and the service standards it sets

voice-of-customer (VOC) program - Answers - an ongoing marketing research system
that customer inputs and integrates them into managerial decisons

zone of tolerance - Answers - the area between customers' expectations regarding their
desired service and the minimum level of acceptable service--that is, the difference
between what the customer really wants and what he or she will accept before going
elsewhere

innovation - Answers - the process by which ideas are transformed into new products
and services that will help firms grow

diffusion of innovation - Answers - the process by which the use of an innovation,
whether a product or a service, spreads throughout a market group over time and over
various categories or adopters.

pioneers - Answers - New product introductions that establish a completely new market
or radically change both the rules of competition in a market; also called breakthroughs

first movers - Answers - Product pioneers that are first to create a market or product
category making them readily recognizable to consumers and thus establish a
commanding and early market share lead

innovators - Answers - those buyers who want to be the first to have the new product or
service.

early adopters - Answers - the second group of consumers in the diffusion of innovation
model, after innovators, to use a product or service innovation; generally don't like to
take as much risk as innovators but instead wait and purchase the product after careful
review

early majority - Answers - A group of consumers in the diffusion of innovation model that
represents approximately 34 percent of the population; members don't like to take much
risk and therefore tend to wait until bugs are worked out of a particular product or

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