The execution and construction of the Research article is to be engaged an in-depth
business description, and to gather evidential data statement analysis on how local
businesses somehow be engaging with their customers in an honest corporate mindset, and
to establish B2C marketing relationships in the local market. As per many business leaders
of different organizations said that, to be globally competitive and to attract loyal consumers,
one should first patronize the local products including the company branding, and second, a
continuous B2C honest engagements within them. Categorically speaking, there are several
perceptions, challenges, and apprehensions for most consumers’ point of views in relation to
their business proprietary engagements and other third party related business
communications. This is when business owners started to imposed several commanding
entity regulations that ensure their local branding will not suffer, and it will still be patronize
by their valuable consumers at present.
This document summarizes a research paper on developing strategies to increase customer loyalty for the clothing brand Wlack&Bhite through customer engagement. The paper conducted an analysis of Wlack&Bhite's external environment using PESTLE, Porter's Five Forces, and competitor analysis. An internal analysis using the resource-based view, VRIO, segmentation/targeting/positioning, and the marketing mix was also done. Research found that customer engagement, particularly attention, has a significant impact on behavioral loyalty. The paper proposes using customer engagement strategies like identification, attention, enthusiasm, absorption, and interaction to strengthen loyalty.
Sales Force – Customer Relationship and Ethical Behaviours in the Nigerian Ba...IOSRJBM
This study examined ‘Sales force – Customer Relationship and Ethical Behaviours in Nigerian Banking Industry. The objectives include: to assess the differences in the ethical behaviours of bank sales force; to determine the effects of sales quotas, social ties and personal moral judgment on salespeople’s ethical behaviours; to identify the congruence between bank salespeople’s and customers’ perceptions of ethical behaviours. Survey research design and six banks were used for the study. 203 bank salespeople and 150 customers were sampled. Convenience sampling technique was used for selecting respondents. Questionnaire was used for data collection. The reliability of the research instrument yielded 0.83 co-efficient using Cronbach Alpha test. ANOVA, Regression Analysis and Pearson’s Product Moment Correlation were used to test hypotheses. Findings show a significant difference in the salespeople’s ethical behaviours; sales target, social ties and low personal moral judgment are responsible for salespeople’s unethical behaviours; there is a significant congruence between the salespeople’s and customers’ perceptions of ethical behaviours and there is a strong negative influence of bank’s corporate code of ethics on salespeople’s ethical behaviours. This study is a case of ethical dilemma. The study recommends that the bank management should adopt discretional measures in approaching ethical issues
BUSI 465Final Project Part 2 InstructionsCreate a business .docxhumphrieskalyn
The document provides instructions for a student to complete a white paper assignment on business ethics. The white paper must be between 1250-1500 words and address an issue/problem/opportunity related to business ethics identified in previous assignments. It must include an introduction framing the issue, a body summarizing facts and discussing importance/future impact supported by sources, a proposed resolution supported as needed, and a conclusion. The white paper should be concisely written and adhere to document design principles, include headings/organization elements, and be error-free.
Research Paper InstructionsYou will write a Research Paper on a .docxronak56
Research Paper Instructions
You will write a Research Paper on a topic relating to business ethics. Your paper must be 8–10 pages and double spaced, not including the title page, abstract, and references pages. You must include 8–10 scholarly references in addition to the course textbooks and the Bible. You must use your textbooks as sources; other acceptable sources are journal articles from peer-reviewed journals, theoretical texts, and the Bible. Citations must be in current APA format. As this is a Research Paper, it must be written in third person.
You will choose a topic and write a rationale for that topic. Final approval must be received from your instructor.
The Annotated Bibliography will not be part of the final Research Paper due in. The final Research Paper will have only the REGULAR references section AND in text citations WITH page numbers.
Research topic: The influence of business ethics on purchase intention: Do consumers really careabout a firm’s behavior?
Rationale: There has always been a lot of discussion about how firms should behave, and whetherthere should be repercussions for crossing certain lines in their professional conduct. This researchis aimed at discovering whether consumers really care about the actual behavior of firms, or justfor the products they give.
References:
Boulstridge, E., & Carrigan, M. (2000). Do consumers really care about corporate responsibility? Highlighting the attitude—behaviour gap. Journal of Communication Management, 4(4), 355-368. doi:10.1108/eb023532
This article investigates whether there is any truth in the assumption that clients are so interested in the behavior of the companies that they engage with that they adjust their purchasing behavior accordingly. It is a good pointer of the opinions held at an earlier age where there were questions cast on whether corporate reputation did any good towards a financial payoff for businesses. Through their reported findings from focus group research, Boulstridge and Carrigan will provide a back in the day analysis of the matter at hand, and this will be useful for making comparisons to much more current literature and opinions in my research.
Brunk, K. H., & Bluemelhuber, C. (2010). The impact of un/ethical corporate conduct on consumers' ethical perceptions - a multidimensional framework. Advances in Consumer Research, 37, 368-373. Retrieved from http://www.acrwebsite.org/volumes/v37/acr_v37_15198.pdf
Brunk and Bluemuelhuber look at how companies have grown, and how their influence is increasingly having a huge societal impact. As such, the two examine whether the abuse of these corporations’ positions, which has on occasion resulted in mass outrage, has had any effect on purchasing intention. This article helps my research in that it conceptualizes the various ways in which various business practices may actually lead to the formation of a negative consumer perception. It, therefore, provides insight into how understanding the format ...
How to leverage new ideas and engage customers
For more white papers and webinars, go to http://www.sldesignlounge.com
Or visit us at http://www.sld.com
This document provides details on the research methodology for a study investigating the effects of brand loyalty on consumer purchasing patterns. The study will use a qualitative questionnaire in the form of a cross-sectional survey of students at Varsity College Durban North. The research paradigm is interpretivism, aiming to understand consumer behaviors and purchasing decisions from the consumer's point of view. A literature review found that relationships, customer satisfaction, brand equity, and corporate social responsibility can influence purchasing patterns and promote brand loyalty. The study aims to identify what factors students consider when choosing brands and if they use the same criteria for different product types.
This literature review discusses several past studies on consumer perceptions and behaviors related to retail stores. One study compares consumers' perceptions of superstores versus family-run stores in Bangkok, finding consumers preferred the lower prices, variety and environment of superstores but also wanted restrictions on their expansion. Another examines customers' satisfaction with various marketing factors of the retail chain Big Bazaar in India. A third discusses psychological factors like motivation, perception, learning and beliefs that influence consumers' buying choices.
This document summarizes a research paper on developing strategies to increase customer loyalty for the clothing brand Wlack&Bhite through customer engagement. The paper conducted an analysis of Wlack&Bhite's external environment using PESTLE, Porter's Five Forces, and competitor analysis. An internal analysis using the resource-based view, VRIO, segmentation/targeting/positioning, and the marketing mix was also done. Research found that customer engagement, particularly attention, has a significant impact on behavioral loyalty. The paper proposes using customer engagement strategies like identification, attention, enthusiasm, absorption, and interaction to strengthen loyalty.
Sales Force – Customer Relationship and Ethical Behaviours in the Nigerian Ba...IOSRJBM
This study examined ‘Sales force – Customer Relationship and Ethical Behaviours in Nigerian Banking Industry. The objectives include: to assess the differences in the ethical behaviours of bank sales force; to determine the effects of sales quotas, social ties and personal moral judgment on salespeople’s ethical behaviours; to identify the congruence between bank salespeople’s and customers’ perceptions of ethical behaviours. Survey research design and six banks were used for the study. 203 bank salespeople and 150 customers were sampled. Convenience sampling technique was used for selecting respondents. Questionnaire was used for data collection. The reliability of the research instrument yielded 0.83 co-efficient using Cronbach Alpha test. ANOVA, Regression Analysis and Pearson’s Product Moment Correlation were used to test hypotheses. Findings show a significant difference in the salespeople’s ethical behaviours; sales target, social ties and low personal moral judgment are responsible for salespeople’s unethical behaviours; there is a significant congruence between the salespeople’s and customers’ perceptions of ethical behaviours and there is a strong negative influence of bank’s corporate code of ethics on salespeople’s ethical behaviours. This study is a case of ethical dilemma. The study recommends that the bank management should adopt discretional measures in approaching ethical issues
BUSI 465Final Project Part 2 InstructionsCreate a business .docxhumphrieskalyn
The document provides instructions for a student to complete a white paper assignment on business ethics. The white paper must be between 1250-1500 words and address an issue/problem/opportunity related to business ethics identified in previous assignments. It must include an introduction framing the issue, a body summarizing facts and discussing importance/future impact supported by sources, a proposed resolution supported as needed, and a conclusion. The white paper should be concisely written and adhere to document design principles, include headings/organization elements, and be error-free.
Research Paper InstructionsYou will write a Research Paper on a .docxronak56
Research Paper Instructions
You will write a Research Paper on a topic relating to business ethics. Your paper must be 8–10 pages and double spaced, not including the title page, abstract, and references pages. You must include 8–10 scholarly references in addition to the course textbooks and the Bible. You must use your textbooks as sources; other acceptable sources are journal articles from peer-reviewed journals, theoretical texts, and the Bible. Citations must be in current APA format. As this is a Research Paper, it must be written in third person.
You will choose a topic and write a rationale for that topic. Final approval must be received from your instructor.
The Annotated Bibliography will not be part of the final Research Paper due in. The final Research Paper will have only the REGULAR references section AND in text citations WITH page numbers.
Research topic: The influence of business ethics on purchase intention: Do consumers really careabout a firm’s behavior?
Rationale: There has always been a lot of discussion about how firms should behave, and whetherthere should be repercussions for crossing certain lines in their professional conduct. This researchis aimed at discovering whether consumers really care about the actual behavior of firms, or justfor the products they give.
References:
Boulstridge, E., & Carrigan, M. (2000). Do consumers really care about corporate responsibility? Highlighting the attitude—behaviour gap. Journal of Communication Management, 4(4), 355-368. doi:10.1108/eb023532
This article investigates whether there is any truth in the assumption that clients are so interested in the behavior of the companies that they engage with that they adjust their purchasing behavior accordingly. It is a good pointer of the opinions held at an earlier age where there were questions cast on whether corporate reputation did any good towards a financial payoff for businesses. Through their reported findings from focus group research, Boulstridge and Carrigan will provide a back in the day analysis of the matter at hand, and this will be useful for making comparisons to much more current literature and opinions in my research.
Brunk, K. H., & Bluemelhuber, C. (2010). The impact of un/ethical corporate conduct on consumers' ethical perceptions - a multidimensional framework. Advances in Consumer Research, 37, 368-373. Retrieved from http://www.acrwebsite.org/volumes/v37/acr_v37_15198.pdf
Brunk and Bluemuelhuber look at how companies have grown, and how their influence is increasingly having a huge societal impact. As such, the two examine whether the abuse of these corporations’ positions, which has on occasion resulted in mass outrage, has had any effect on purchasing intention. This article helps my research in that it conceptualizes the various ways in which various business practices may actually lead to the formation of a negative consumer perception. It, therefore, provides insight into how understanding the format ...
How to leverage new ideas and engage customers
For more white papers and webinars, go to http://www.sldesignlounge.com
Or visit us at http://www.sld.com
This document provides details on the research methodology for a study investigating the effects of brand loyalty on consumer purchasing patterns. The study will use a qualitative questionnaire in the form of a cross-sectional survey of students at Varsity College Durban North. The research paradigm is interpretivism, aiming to understand consumer behaviors and purchasing decisions from the consumer's point of view. A literature review found that relationships, customer satisfaction, brand equity, and corporate social responsibility can influence purchasing patterns and promote brand loyalty. The study aims to identify what factors students consider when choosing brands and if they use the same criteria for different product types.
This literature review discusses several past studies on consumer perceptions and behaviors related to retail stores. One study compares consumers' perceptions of superstores versus family-run stores in Bangkok, finding consumers preferred the lower prices, variety and environment of superstores but also wanted restrictions on their expansion. Another examines customers' satisfaction with various marketing factors of the retail chain Big Bazaar in India. A third discusses psychological factors like motivation, perception, learning and beliefs that influence consumers' buying choices.
White Paper~$ader Centered Analysis.docxWhite Paper~$AT TO.docxalanfhall8953
White Paper/~$ader Centered Analysis.docx
White Paper/~$AT TO DO FOR THIS ASSIGNMENT.docx
White Paper/~$notated Bib.docx
White Paper/Annotated Bib.docx
Running Head: ANNOTATED BIBLIOGRAPHY. 1
ANNOTATED BIBLIOGRAPHY. 3
Annotated Bibliography
My name
First Source
Johansen, G., & Byrian, A. (2010). Business Ethics: The 21st Century Perspective. Ohio: Longman Publishers.
This source contains information regarding business ethics in the modern business world. The book talks about business ethics for both small and large businesses as well as government interventions that ensure that businesses respect human moral standards. Majority of the contents of the book talk about ethical practices when employees come into contact with external parties such as when selling a good or service, when providing customer services or how business activities such as advertising and the production of goods and provision of services adhere to ethical standards. The source mainly talks about how employees should act as well as how they should achieve market expectations with regards to ethics when selling products and services.
This source is useful for the development of this project in the following ways, it highlights the various areas within businesses where ethical principles and moral standards are mostly practiced. Such areas include production departments as well as customer service. It identifies moral standards within the society that businesses should adhere to. Examples of such moral standards that will be included in my project include, treating customers equally and with fairness. This source informs my understanding because it highlights how ethics has evolved in the business world over the years. This includes the application of ethics over information technology infrastructure such as the proper use of internet and communication platforms. I also got informed that some unethical practices are sensitive that at times do not get reported or there are just no set guidelines to report unethical practices by businesses. This source is slightly different from other sources. This source mainly talks about modern day ethics and how ethical practices have evolved.
Second reference
Kenneth, G. (2011). Conscience and Corporate Culture. Chicago: PWC Press.
This source talks about how businesses mold employee behavior as well as create a vision and business practices that are in line with the best ethical business practices. In the book, Kenneth G. talks about how businesses should be aware of their ethical environments and surroundings such as how each employee is behaving towards a fellow employee or to an external party such as a supplier or a customer. The businesses should also be aware of the current regulatory environment that govern ethical standards by companies and its employees. The book also talks about the extent at which managers take to ensure ethical principles are followed and how.
2.[4 10]importance of brand personality to customer loyaltyAlexander Decker
This document discusses the importance of brand personality in building customer loyalty. It reviews past research that found loyal customers are more profitable than acquiring new customers, as retaining customers costs less. The paper presents a conceptual model examining how brand personality influences customer loyalty. It explores the concept of brand personality and analyzes factors that lead to customer loyalty. The goal is to understand how brand personality affects a positive attitude toward a brand and makes customers loyal.
The document provides an acknowledgement and abstract for a project on consumer behavior and purchasing decisions related to laptops.
The acknowledgement thanks various individuals who provided support and guidance in completing the project, including the director of the institute, a professor who provided guidance and support, and fellow students.
The abstract introduces the topic of studying the factors that influence consumers' purchase decisions of laptops and whether there are differences among consumer groups (stayers, satisfied switchers, dissatisfied switchers) in the importance given to these factors. It also discusses understanding the attitudes of these three customer groups to help with retention and loyalty strategies.
This document discusses a study on the determinants of brand loyalty in the health sector of Pakistan. The study investigated the relationship between brand loyalty (dependent variable) and four determinants: brand knowledge, brand social responsibility image, service involvement, and perceived service quality (independent variables). A questionnaire was distributed to customers in Islamabad and Rawalpindi, with a response rate of 80%. The results showed the independent variables had a significant impact on brand loyalty. The document provides an extensive literature review on each of the determinants and how they relate to brand loyalty.
A Study On Impact Of Employee Behaviour On Customers Buying DecisionNicole Heredia
The document discusses how employee behaviour impacts customer buying decisions. It first defines key terms like customer, customer service, and customer expectations. It then explores how understanding customer needs and desires drives customer loyalty and repeat purchases. The document also examines how employee behaviour shapes customer perceptions and satisfaction levels. Specifically, it finds that personalized attention, understanding customer needs, a friendly approach, and active listening by employees positively influence the customer experience. Finally, the document reviews several research studies about the relationship between employee behaviour and customer satisfaction.
This document discusses organizational buying behavior and buyer-supplier relationships. It defines organizational markets and their demand characteristics. It describes the different types of buying situations and buying center participants. It also examines the types of buyer-supplier relationships including transactional, collaborative, and supply alliance relationships. Factors that affect the development of trust between organizations in a relationship are identified.
This document discusses a study on the relationship between relationship marketing, customer satisfaction, and loyalty among customers of Ghavamin Bank in Sistan and Baluchestan Province, Iran. The study found a significant, direct relationship between relationship marketing and customer satisfaction and loyalty. Relationship marketing involves trust, commitment, informing customers, and conflict management. Customer satisfaction and loyalty are important for customer retention and profits. The literature review discusses previous studies that also found positive relationships between relationship marketing strategies and customer trust and commitment.
Impact of Customer Perceived Value and Customer’s Perception of Public Relati...Samar Rahi
The purpose of this study was to investigate the relationship between customer perceived value and customer’s perception of public relation on customer loyalty with moderating role of brand image. Research was conducted on banking sector of Pakistan.
Relationship between Social bonds and Customer value in commercial Banks in K...inventionjournals
This study sought to empirically examine the influence of social bonds on customer value in commercial banks in Kenya. The social bonds examined in this study are communication with customers (CC), creation of friendship (CF) and social support (SS). The study sample consists of 384 respondents with a response rate of 78.1 per cent. Data was analyzed by employing correlation and multiple regression analysis. The findings revealed that social bonds are positively associated with customer value in commercial banks in Kenya. The generalization of the findings is limited as the study focused only on a single industry in Kenya. Based on the findings, companies employing social bonds strategies should focus on improving the usefulness of the social bonds to customers by creating opportunities to strengthen social relationships. This study successfully extends the relationship marketing strategies in the context of customer value by incorporating communication with customers, creation of friendship and social support constructs. This extended relationship marketing model is developed to achieve the greater understanding of customer acceptance of social bonding strategy in Kenya’s commercial banks. In conclusion, the model in this study presents a considerable improvement in explanatory power.
Consumer loyalty can be defined based on both attitude and behavior, with true loyalty occurring when a consumer has both a strong positive attitude and consistent purchasing behavior of a particular brand. Retail loyalty refers to a consumer's willingness to consistently shop at the same store. While behavioral measures of loyalty like purchase frequency are commonly used, these do not necessarily indicate true loyalty or future profitability. True loyalty is best defined by both consistent behavior and a strong, committed attitude toward the brand.
1) A field experiment was conducted at an electronics retail store to examine if giving customers a gift coupon during a sales pitch would increase the likelihood of them purchasing a computer and the amount they would spend.
2) Customers were randomly assigned to one of three conditions that varied the discount amount provided (no discount, 10% off, or 10% + 5% off).
3) The results showed that while the 10% + 5% off condition approached a significant effect on purchase likelihood, overall the reciprocity manipulation did not significantly affect purchase rates or spending amounts. However, some trends in the data suggested reciprocity may have had an effect warranting further research.
Consumer behavior refers to how individuals select, purchase, use, and dispose of goods and services. It is influenced by cultural, social, personal, and psychological factors. Understanding consumer behavior allows businesses to develop effective marketing strategies. The scope of consumer behavior is broad and includes product development, pricing, promotion, distribution, and other marketing activities. Studying consumer behavior helps businesses understand customer needs, create suitable products and services, enhance customer satisfaction, and identify opportunities for growth. Businesses can apply insights from consumer behavior research to decisions around target markets, marketing mix, and designing strategies for social and nonprofit organizations.
Understanding consumer behavior is important for businesses to develop effective marketing strategies. Consumer behavior involves how individuals select, purchase, use, and dispose of products and services. It is influenced by cultural, social, personal, and psychological factors. Businesses can use consumer behavior insights across their marketing mix - in product development, pricing, promotion, and distribution. Analyzing consumer behavior helps businesses understand customer needs, create resonant messaging, identify growth opportunities, and enhance customer satisfaction.
5 consumer behaviour research paper hari masterpiece HariMasterpiece
This document summarizes a research paper on analyzing factors that influence consumer behavior and promoting in marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumers' purchasing decisions. It also examines different types of consumer behavior and factors that affect consumer behavior, such as advertising, financial conditions, personal preferences, social influence, and purchasing power. Additionally, it outlines patterns of consumer behavior including area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology and how consumers think, feel, reason and make decisions is important for effective marketing.
This document summarizes a study on the relationship between relationship marketing and customer satisfaction. The study finds that relationship marketing, which focuses on building relationships with customers at every interaction point, can increase customer satisfaction and retention. Maintaining customer trust and commitment through communication, customization, and gratitude can influence customer behavior and loyalty. When companies prioritize customer satisfaction through relationship marketing strategies, it can improve financial performance over the long run and attract new investors. The conclusion is that catering to customer demands through relationship building is important for business success and growth.
This document summarizes a study on the relative importance of employees versus company brands on the customer experience. The study analyzed data from an insurance company, including customer satisfaction surveys, employee engagement surveys, and agent performance metrics.
The key findings were:
1) Customers rated their insurance agents significantly higher than they rated the overall insurance company brand.
2) Higher customer ratings of individual agents were correlated with better agent performance in customer retention and account growth, but customer ratings of the overall company did not impact agent performance.
3) Agent engagement was positively correlated with account growth but not with customer satisfaction ratings. Engagement mattered most for agents who also received high customer satisfaction ratings.
The Impact of Brand Image on the Customer Retention: A Mediating Role of Cust...inventionjournals
In modern time, researchers and practitioners in the field of marketing has paid enormous attention to brand. Currently, the brand is no longer a competent tool in the managers’ hands. Brand is a strategic requisite which helps companies to make more value to customers and also to build up sustainable competitive advantages. Successful brands increase trust in products and intangible services, and customer will be able to better visualize and identify their services. Brand image is the awareness of the product or services for the customer through which the image of the organization is built. Customer satisfaction is also linked with it and positively related with each other which are considered the important tool for marketing strategy. This paper examines the influence of brand image on customer retention under the mediation effect of customer satisfaction.
Relationship marketing
Week 12 of 13 of the 2007 Internet Marketing Course. Content is based in part on Dann, S and Dann S 2004 Strategic Internet Marketing 2.0, Milton: Wiley. Diagrams taken from the Dann and Dann text are copyright to their respective copyright holders.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Call8328958814 satta matka Kalyan result satta guessing➑➌➋➑➒➎➑➑➊➍
Satta Matka Kalyan Main Mumbai Fastest Results
Satta Matka ❋ Sattamatka ❋ New Mumbai Ratan Satta Matka ❋ Fast Matka ❋ Milan Market ❋ Kalyan Matka Results ❋ Satta Game ❋ Matka Game ❋ Satta Matka ❋ Kalyan Satta Matka ❋ Mumbai Main ❋ Online Matka Results ❋ Satta Matka Tips ❋ Milan Chart ❋ Satta Matka Boss❋ New Star Day ❋ Satta King ❋ Live Satta Matka Results ❋ Satta Matka Company ❋ Indian Matka ❋ Satta Matka 143❋ Kalyan Night Matka..
White Paper~$ader Centered Analysis.docxWhite Paper~$AT TO.docxalanfhall8953
White Paper/~$ader Centered Analysis.docx
White Paper/~$AT TO DO FOR THIS ASSIGNMENT.docx
White Paper/~$notated Bib.docx
White Paper/Annotated Bib.docx
Running Head: ANNOTATED BIBLIOGRAPHY. 1
ANNOTATED BIBLIOGRAPHY. 3
Annotated Bibliography
My name
First Source
Johansen, G., & Byrian, A. (2010). Business Ethics: The 21st Century Perspective. Ohio: Longman Publishers.
This source contains information regarding business ethics in the modern business world. The book talks about business ethics for both small and large businesses as well as government interventions that ensure that businesses respect human moral standards. Majority of the contents of the book talk about ethical practices when employees come into contact with external parties such as when selling a good or service, when providing customer services or how business activities such as advertising and the production of goods and provision of services adhere to ethical standards. The source mainly talks about how employees should act as well as how they should achieve market expectations with regards to ethics when selling products and services.
This source is useful for the development of this project in the following ways, it highlights the various areas within businesses where ethical principles and moral standards are mostly practiced. Such areas include production departments as well as customer service. It identifies moral standards within the society that businesses should adhere to. Examples of such moral standards that will be included in my project include, treating customers equally and with fairness. This source informs my understanding because it highlights how ethics has evolved in the business world over the years. This includes the application of ethics over information technology infrastructure such as the proper use of internet and communication platforms. I also got informed that some unethical practices are sensitive that at times do not get reported or there are just no set guidelines to report unethical practices by businesses. This source is slightly different from other sources. This source mainly talks about modern day ethics and how ethical practices have evolved.
Second reference
Kenneth, G. (2011). Conscience and Corporate Culture. Chicago: PWC Press.
This source talks about how businesses mold employee behavior as well as create a vision and business practices that are in line with the best ethical business practices. In the book, Kenneth G. talks about how businesses should be aware of their ethical environments and surroundings such as how each employee is behaving towards a fellow employee or to an external party such as a supplier or a customer. The businesses should also be aware of the current regulatory environment that govern ethical standards by companies and its employees. The book also talks about the extent at which managers take to ensure ethical principles are followed and how.
2.[4 10]importance of brand personality to customer loyaltyAlexander Decker
This document discusses the importance of brand personality in building customer loyalty. It reviews past research that found loyal customers are more profitable than acquiring new customers, as retaining customers costs less. The paper presents a conceptual model examining how brand personality influences customer loyalty. It explores the concept of brand personality and analyzes factors that lead to customer loyalty. The goal is to understand how brand personality affects a positive attitude toward a brand and makes customers loyal.
The document provides an acknowledgement and abstract for a project on consumer behavior and purchasing decisions related to laptops.
The acknowledgement thanks various individuals who provided support and guidance in completing the project, including the director of the institute, a professor who provided guidance and support, and fellow students.
The abstract introduces the topic of studying the factors that influence consumers' purchase decisions of laptops and whether there are differences among consumer groups (stayers, satisfied switchers, dissatisfied switchers) in the importance given to these factors. It also discusses understanding the attitudes of these three customer groups to help with retention and loyalty strategies.
This document discusses a study on the determinants of brand loyalty in the health sector of Pakistan. The study investigated the relationship between brand loyalty (dependent variable) and four determinants: brand knowledge, brand social responsibility image, service involvement, and perceived service quality (independent variables). A questionnaire was distributed to customers in Islamabad and Rawalpindi, with a response rate of 80%. The results showed the independent variables had a significant impact on brand loyalty. The document provides an extensive literature review on each of the determinants and how they relate to brand loyalty.
A Study On Impact Of Employee Behaviour On Customers Buying DecisionNicole Heredia
The document discusses how employee behaviour impacts customer buying decisions. It first defines key terms like customer, customer service, and customer expectations. It then explores how understanding customer needs and desires drives customer loyalty and repeat purchases. The document also examines how employee behaviour shapes customer perceptions and satisfaction levels. Specifically, it finds that personalized attention, understanding customer needs, a friendly approach, and active listening by employees positively influence the customer experience. Finally, the document reviews several research studies about the relationship between employee behaviour and customer satisfaction.
This document discusses organizational buying behavior and buyer-supplier relationships. It defines organizational markets and their demand characteristics. It describes the different types of buying situations and buying center participants. It also examines the types of buyer-supplier relationships including transactional, collaborative, and supply alliance relationships. Factors that affect the development of trust between organizations in a relationship are identified.
This document discusses a study on the relationship between relationship marketing, customer satisfaction, and loyalty among customers of Ghavamin Bank in Sistan and Baluchestan Province, Iran. The study found a significant, direct relationship between relationship marketing and customer satisfaction and loyalty. Relationship marketing involves trust, commitment, informing customers, and conflict management. Customer satisfaction and loyalty are important for customer retention and profits. The literature review discusses previous studies that also found positive relationships between relationship marketing strategies and customer trust and commitment.
Impact of Customer Perceived Value and Customer’s Perception of Public Relati...Samar Rahi
The purpose of this study was to investigate the relationship between customer perceived value and customer’s perception of public relation on customer loyalty with moderating role of brand image. Research was conducted on banking sector of Pakistan.
Relationship between Social bonds and Customer value in commercial Banks in K...inventionjournals
This study sought to empirically examine the influence of social bonds on customer value in commercial banks in Kenya. The social bonds examined in this study are communication with customers (CC), creation of friendship (CF) and social support (SS). The study sample consists of 384 respondents with a response rate of 78.1 per cent. Data was analyzed by employing correlation and multiple regression analysis. The findings revealed that social bonds are positively associated with customer value in commercial banks in Kenya. The generalization of the findings is limited as the study focused only on a single industry in Kenya. Based on the findings, companies employing social bonds strategies should focus on improving the usefulness of the social bonds to customers by creating opportunities to strengthen social relationships. This study successfully extends the relationship marketing strategies in the context of customer value by incorporating communication with customers, creation of friendship and social support constructs. This extended relationship marketing model is developed to achieve the greater understanding of customer acceptance of social bonding strategy in Kenya’s commercial banks. In conclusion, the model in this study presents a considerable improvement in explanatory power.
Consumer loyalty can be defined based on both attitude and behavior, with true loyalty occurring when a consumer has both a strong positive attitude and consistent purchasing behavior of a particular brand. Retail loyalty refers to a consumer's willingness to consistently shop at the same store. While behavioral measures of loyalty like purchase frequency are commonly used, these do not necessarily indicate true loyalty or future profitability. True loyalty is best defined by both consistent behavior and a strong, committed attitude toward the brand.
1) A field experiment was conducted at an electronics retail store to examine if giving customers a gift coupon during a sales pitch would increase the likelihood of them purchasing a computer and the amount they would spend.
2) Customers were randomly assigned to one of three conditions that varied the discount amount provided (no discount, 10% off, or 10% + 5% off).
3) The results showed that while the 10% + 5% off condition approached a significant effect on purchase likelihood, overall the reciprocity manipulation did not significantly affect purchase rates or spending amounts. However, some trends in the data suggested reciprocity may have had an effect warranting further research.
Consumer behavior refers to how individuals select, purchase, use, and dispose of goods and services. It is influenced by cultural, social, personal, and psychological factors. Understanding consumer behavior allows businesses to develop effective marketing strategies. The scope of consumer behavior is broad and includes product development, pricing, promotion, distribution, and other marketing activities. Studying consumer behavior helps businesses understand customer needs, create suitable products and services, enhance customer satisfaction, and identify opportunities for growth. Businesses can apply insights from consumer behavior research to decisions around target markets, marketing mix, and designing strategies for social and nonprofit organizations.
Understanding consumer behavior is important for businesses to develop effective marketing strategies. Consumer behavior involves how individuals select, purchase, use, and dispose of products and services. It is influenced by cultural, social, personal, and psychological factors. Businesses can use consumer behavior insights across their marketing mix - in product development, pricing, promotion, and distribution. Analyzing consumer behavior helps businesses understand customer needs, create resonant messaging, identify growth opportunities, and enhance customer satisfaction.
5 consumer behaviour research paper hari masterpiece HariMasterpiece
This document summarizes a research paper on analyzing factors that influence consumer behavior and promoting in marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumers' purchasing decisions. It also examines different types of consumer behavior and factors that affect consumer behavior, such as advertising, financial conditions, personal preferences, social influence, and purchasing power. Additionally, it outlines patterns of consumer behavior including area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology and how consumers think, feel, reason and make decisions is important for effective marketing.
This document summarizes a study on the relationship between relationship marketing and customer satisfaction. The study finds that relationship marketing, which focuses on building relationships with customers at every interaction point, can increase customer satisfaction and retention. Maintaining customer trust and commitment through communication, customization, and gratitude can influence customer behavior and loyalty. When companies prioritize customer satisfaction through relationship marketing strategies, it can improve financial performance over the long run and attract new investors. The conclusion is that catering to customer demands through relationship building is important for business success and growth.
This document summarizes a study on the relative importance of employees versus company brands on the customer experience. The study analyzed data from an insurance company, including customer satisfaction surveys, employee engagement surveys, and agent performance metrics.
The key findings were:
1) Customers rated their insurance agents significantly higher than they rated the overall insurance company brand.
2) Higher customer ratings of individual agents were correlated with better agent performance in customer retention and account growth, but customer ratings of the overall company did not impact agent performance.
3) Agent engagement was positively correlated with account growth but not with customer satisfaction ratings. Engagement mattered most for agents who also received high customer satisfaction ratings.
The Impact of Brand Image on the Customer Retention: A Mediating Role of Cust...inventionjournals
In modern time, researchers and practitioners in the field of marketing has paid enormous attention to brand. Currently, the brand is no longer a competent tool in the managers’ hands. Brand is a strategic requisite which helps companies to make more value to customers and also to build up sustainable competitive advantages. Successful brands increase trust in products and intangible services, and customer will be able to better visualize and identify their services. Brand image is the awareness of the product or services for the customer through which the image of the organization is built. Customer satisfaction is also linked with it and positively related with each other which are considered the important tool for marketing strategy. This paper examines the influence of brand image on customer retention under the mediation effect of customer satisfaction.
Relationship marketing
Week 12 of 13 of the 2007 Internet Marketing Course. Content is based in part on Dann, S and Dann S 2004 Strategic Internet Marketing 2.0, Milton: Wiley. Diagrams taken from the Dann and Dann text are copyright to their respective copyright holders.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Ähnlich wie Business to Consumer (B2C) Relationships.pdf (20)
Call8328958814 satta matka Kalyan result satta guessing➑➌➋➑➒➎➑➑➊➍
Satta Matka Kalyan Main Mumbai Fastest Results
Satta Matka ❋ Sattamatka ❋ New Mumbai Ratan Satta Matka ❋ Fast Matka ❋ Milan Market ❋ Kalyan Matka Results ❋ Satta Game ❋ Matka Game ❋ Satta Matka ❋ Kalyan Satta Matka ❋ Mumbai Main ❋ Online Matka Results ❋ Satta Matka Tips ❋ Milan Chart ❋ Satta Matka Boss❋ New Star Day ❋ Satta King ❋ Live Satta Matka Results ❋ Satta Matka Company ❋ Indian Matka ❋ Satta Matka 143❋ Kalyan Night Matka..
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
How MJ Global Leads the Packaging Industry.pdfMJ Global
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
3 Simple Steps To Buy Verified Payoneer Account In 2024SEOSMMEARTH
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
1. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 1
Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest
with their Customers all the time?
CHRISTOPHER M. LEE
Technological University of the Philippines - Manila
christopher.lee@tup.edu.ph
March, 2021
ABSTRACT:
The execution and construction of the Research article is to be engaged an in-depth
business description, and to gather evidential data statement analysis on how local
businesses somehow be engaging with their customers in an honest corporate mindset, and
to establish B2C marketing relationships in the local market. As per many business leaders
of different organizations said that, to be globally competitive and to attract loyal consumers,
one should first patronize the local products including the company branding, and second, a
continuous B2C honest engagements within them. Categorically speaking, there are several
perceptions, challenges, and apprehensions for most consumers’ point of views in relation to
their business proprietary engagements and other third party related business
communications. This is when business owners started to imposed several commanding
entity regulations that ensure their local branding will not suffer, and it will still be patronize
by their valuable consumers at present.
Keywords: B2C, business owners, consumers, honest, business communications,
B2C relationships.
INTRODUCTION:
An increasing number of local
businesses worldwide are now expanding,
and existing entrepreneurs are somehow
very aggressive. For some undergoing
revelations, such as the movement of B2C
marketing interventions seems to be
cyclical or ever changing because of the
market demand and supply. Local
businesses like retailing and wholesaling
companies, that includes vendors and
suppliers whether online selling or doing
affiliating marketing started to realize that
consumers can always be at their own
buying choices and decision-making. That
is why localized customers will always be
demanding for a greater expectations, that
includes their honesty business dealings
or negotiations towards their local
business partners. Also, relatively
important for them is the trust, honesty,
and the unquestionable business
commitments which measures how strong
will be the barter or the exchange of
goods and services entirely.
2. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 2
Like those existing and long-time
consumers that are usually getting their
first impressions when they first dealt with
their own buying and selling negotiations,
and the attitudinal treatment of them from
their vendors. Meanwhile, companies
spend years of constructing loyalty and
their beliefs relies on their goal audiences
which are being tested in several business
key approaches for such building
constructing mechanisms that shown
confidence in building up honesty towards
customers. It has been said that when
clients becomes aware of these
commercially industry enterprises, the
development of positive impact through
honesty with own their business
interactions does really matters, and the
right way as for their developmental
products being rewarded by most local
businesses of today. Also, many reputable
organizations and institutions with the aid
of the corporate values, have their own
faith when reliable best practices towards
their consumers in terms of business
operations and customer service.
LITERATURE REVIEW:
The operating practices of
businessmen and businesswomen have
been criticized since biblical times. The
business person was, and still is, looked
upon by some facets of society as the
epitome of an unethical, dishonest
individual preying upon the frailties of the
consumer. Any number of suggestions
have been made to improve the quality of
business performance (Becker, H., &
Fritzsche, D. J. 1987). Meanwhile,
Consumer attitudes and behaviors are
fundamentally dynamic processes; thus,
understanding consumer dynamics is
crucial for truly understanding consumer
behaviors and for firms to formulate
appropriate actions. Recent history in
empirical marketing research has enjoyed
increasingly richer consumer data as the
result of technology and firms’ conscious
data collection efforts (Zhang, J. Z., &
Chang, C. W. (2020).
Ethical beliefs will vary significantly
between national groups, in terms of
attitudes to societal values (giving /
accepting favours), to organizational
loyalty, to group loyalty, to conflicts
between organizational and group loyalty,
and to conflicts between self and group/
organization (concealing one’s errors).
Differences between national groups are
to be examined in terms of all ethical
attitudinal and behaviour categories cited
above, but differences between each of
these categories are not anticipated to
vary significantly between national groups.
Differences between attitudes of self and
others, and between attitudes and
reported behaviour will not vary
significantly between national groups, but
will generally show significant differences,
regardless of nationality, between ‘what I
believe’ and ‘what I do’, and between
‘what I believe’ and ‘what peers believe
3. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 3
(Izraeli, 1988; Newstrom and Ruch, 1975;
and Ferrell and Weaver, 1978).
Comparisons are made between what
managers say they believe, and what they
do, between managers and their peers'
attitudes and behaviours, and between
perceived top management attitudes and
the existence of company policy. In the
latter, significant differences are found by
national ownership of the company rather
than the country in which it is situated.
Significant differences are found, for both
individual managers by nationality, and for
companies by nationality of parents, in the
area of ‘organizational loyalty (Jackson,
T., & Artola, M. C. 1997).
Business ethics from a normative
perspective relates to principles, values,
and norms for organizational decisions.
From a descriptive perspective, business
ethics in an organization refers to codes,
standards of conduct, and compliance
systems and typically relate to decisions
that can be judged right or wrong by
customers. Therefore, ethical decision-
making is typically associated with internal
organizational decisions by individuals or
social units about appropriate conduct.
These decisions can impact internal
stakeholders and external stakeholders
(Ferrell, O. C., Harrison, D. E., Ferrell, L.,
& Hair, J. F. 2019).
RESEARCH METHODOLOGIES:
The overall structure of the
Research methods presented in this
research article are considered
independent and based on facts, queries,
statements and other detailed
assumptions in order to come up it’s final
research finding observations thoroughly.
Such data findings and descriptive
analysis are very subjective and directive,
because the qualifiable data resolutions of
the research article explained and
depicted any present situations between
local business and consumer relationships
in general. Thus, descriptive researching
methods, like statement facts and findings
are also being verified, articulated and
polished from other reliable article sources
which seemed to be constructive and
important to discuss. Also, the research
article subject reveals public curiosities
about being “honest”, and also included
different apprehensive statements in a
normalize approach. Likewise, better
understanding of what is happening today
between local business owners towards
their valuable consumers are also being
observed and focused by the researcher
because being “honest” can be subjective
and reflects the B2C ethical engagements
to one another. Moreover, the research
article also set several exchanges of ideas
wherein B2C ethical attitude “honesty”
relied on the business ethical standards in
4. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 4
most of the entrepreneurs towards their
valuable customers and the public in
general.
DATA ANALYSIS:
Data sampling and the research
bases in order to conduct research data
analysis is by all means of the reliable
article sources of information which
investigates the norm practices (honesty
or being honest) in most local business
(suppliers, vendors, etc.) in dealing with
their consumers (that includes the general
public) in the local market. Data gathering
results are qualitative, updated and
independent on both business ethical
attitudinal practices with their buying
customers. The actual data analytical
processes represents a qualitative
research focuses on it’s research title:
“Business to Consumer (B2C)
Relationships: Should Local Businesses
have to be Honest with their Customers all
the time?”. It sets a reminder for everyone
to always qualify and quantify their
observations as they read the whole
contextual body of the research, because
any readers’ declarative opinions and
comments are very important; and it can
be critical or crucial. Some of it’s data
analytical observations and research
findings are related to current issues, and
it declares unbiased opinions made local
businesses in becoming “honest” in
general towards consumers’ reflections.
The role of most local Businesses in
dealing with their Consumers:
Companies whether trading,
serving and engaged in an online or
affiliated marketing always considers it's
several commitments and responsibilities
for their consumers: First, to supply better
quality products at the right time in a
reasonable price. Second, to provide
excellent sale services regarding the
nature of it’s product. Third, to sell quality
or affordable products. Fourth, to reduce
prices by developing better networking
distributions, and Fifth, to maintain
positive selling engagements, that
includes being “honest” to their customers
entirely.
Meanwhile, the potential
contributions to brand equity that flow from
associating a brand with global consumer
culture have long been recognized (Aaker,
1991; Kapferer, 1992; Buzzell, 1968)
argues that a global image is a powerful
means of increasing sales, and (Duncan,
1992 and Shocker, Srivastava, and
Ruekert, 1994) hypothesize that building a
global image gives a brand more power
and value. In part, brands with a global
image may derive their additional power
and value from consumer attributions of
enhanced self-worth and status through
purchase of the brand (Friedman 1990).
That is, consumers may purchase certain
brands to reinforce their membership in a
specific global segment, such as
teenager, business, governmental and
5. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 5
diplomatic, elite, and so forth (Hannerz,
1990), and/or their self-image as
cosmopolitan, knowledgeable, and
modem (Friedman, 1990). In addition,
globally positioned brands are likely to
have special credibility and authority
(Kapferer, 1992).
Consumers in a local market:
Consumers do indeed establish
close, meaningful relationships with many
companies and brands. Some of these are
more intimate than others; some are face-
to-face, others more distant. Such close
relationships are emotive involving a
collection of perceptions about the firm or
brand (Fournier, 1998, p. 345). The extent
to which meaning is present in a customer
relationship depends entirely on the
perceptions of the customer. As with so
many concepts applied in marketing, such
as service, quality, and value, meaning
exists in the mind of the customer
(Fournier, 1998, p. 367). It is the customer
that makes the emotional contact with the
firm or brand. It is the customer that
decides over time that some companies
and brands are to be trusted and relied
upon more than others; that some will
come to occupy a central place in his or
her life.
Individuals who come from
different levels of moral development will
exhibit different behaviors in business
conduct, which lay be predicated upon
significantly different perceptions of the
decision situations as well as the ethicality
of these situations, thereby causing
different behaviors to manifest themselves
during a negotiation process. If one
individual approaches the table driven by
personal gain at the expense of the group,
while another approaches a business
decision driven by a concern for the good
of the company at the expense of the
individual, there is a potential for conflict
(DeMente 1989; Pye 1992).
Human relationships, including
customer relationships, are special,
emotional constructs. They are, therefore,
not merely behavioural; they are more
than retention and repeat buying. While
many firms and authors confuse the
concepts of customer relationships,
customer loyalty, and customer retention
(Reinartz, and Kumar, 2002), they are not
the same. It is entirely possible for
customers to demonstrate repeated
patronage and a high level of retention
without a “genuine” relationship existing
with the firm or brand. What is missing, of
course, from the behavioural definition of
customer relationships is any kind of
emotional attachment to or connection
with the firm; a necessary condition for the
relationship to exist.
It is important that we consider
relationships as viewed from the
customer’s perspective. Companies often
delude themselves into thinking that they
6. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 6
have a relationship with customers if those
customers buy their products and services
regularly. But customers understand the
difference between repeat buying, which
is often based on convenience, price or
other non-emotive factors, and situations
where they go back to the same
companies and brands again and again
because they feel towards certain
companies and brands the same kind of
emotional attachment they feel toward
friends, family members, and colleagues.
We can, therefore, learn a great deal
about customer relationships by studying
more closely the principles of human
relationships in general (Berscheid and
Peplau, 1983; Duck, 1994).
RESULT FINDINGS:
Qualitative B2C honesty results of local
businesses towards consumers:
The relationship between a
customer and a firm exists because of
mutual expectations built on trust, good
faith, and fair dealing in their interaction. In
fact, there is an implied covenant of good
faith and fair dealing, and performance
cannot simply be a matter of the firm's
own discretion. Not only is this an ethical
requirement but it has been legally
enforced in some states. The implied
covenant of good faith and fair dealing is
to enforce the contract or transaction in a
manner consistent with the parties'
reasonable expectations (Ferrell, O. C.,
2004).
Brand misconduct research focuses
on negative brand actions (Trump, 2014).
Brand misconduct is associated with
negative consequences in brand attitudes
and repurchase intentions (Huber,
Vollhardt, Matthes, & Vogel, 2010) and
brand behavior related to satisfaction has
a positive impact of brand attitude. (Hsiao,
Shen, and Chao, 2015) found that brand
misconduct displayed a lower response on
marketing relationships. In addition,
communications such as advertising can
be effective in mitigating the negative
impact of brand misconduct. There is
adequate evidence that measuring
negative vs. positive conduct related to
business ethics and CSR will have an
impact on brand attitudes.
The central issue is that every plus
consumers feel closer to some companies
and brands than to others. Some occupy a
central place in their lives; they come to
“mean” something to them.The implication
of being there would be a void created if
the company or brand were no longer
present or available (Barnes, J. G. 2003).
Ethical responsibilities to
consumers made by local businesses
have a strong foundation of legal
protection. At the federal level, the Federal
Trade Commission (FTC) enforces
consumer protection laws. In addition to
the FTC, other federal agencies such as
7. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 7
the Food and Drug Administration, the
Consumer Product Safety Commission,
and the Federal Communications
Commission try to assist consumers in
addressing deceptive, fraudulent, or
damaging conduct. The key issues that
should be addressed in a consumer
protection includes (Ferrell, O.C., 2004):
1.) Product Liability - which
refers to a business' legal
responsibility for the
performance of its products.
2.) Communications - that are
false or misleading can destroy
stakeholders' trust in an
organization and may at times
even be considered fraudulent.
3.) False and Misleading
Advertising - is increasingly a
key issue in organizational
communications.
4.) Abuses in Advertising - can
range from exaggerated claims
and concealed facts to outright
lying (Ferrell, O. C., 2004).
CONCLUSIONS:
Getting involved with our local
businesses in terms of their positive
attitudes in selling, depends on the
business treatments they show, and how
reliable they are in terms of their business
negotiations. Meanwhile, our main goal as
a customer is always to reflect, make
buying decisions or choices for ourselves
and to our families, and to maintain B2C
management relationships with our
vendors effectively. For some reasons,
most of our business partners or vendors
are being asked about how “honest” they
are towards their customers without
contradictions in whatsoever in the face of
our local market. And at most times, it also
shows how we constantly managed our
merchants, vendors or suppliers’
negotiations, considering the truth should
always be told and how it is more clear
and consistent with what we say that
"nobody is perfect", but in reality most
people are not.
With this research article, our
nearby organizations, such as the
vendors, and our suppliers are presently
occupied with a worldwide scale
integrations, wherein customers like us
needs to rely upon their positive attributes
rather than dwelling or questioning their
credibility “honesty” constraints. Thank
you very much.
REFERENCES:
Aaker, David A. (1991). Managing Brand
Equity. NewYork: The Free
Press.
Barnes, J. G. (2003). Establishing
meaningful customer relationships:
why some companies and brands
mean more to their
8. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 8
customers. Managing Service
Quality: An International Journal.
Becker, H., & Fritzsche, D. J. (1987).
Business ethics: A cross cultural
comparison of managers'
attitudes. Journal of Business
Ethics, 6(4), 289-295.
Berscheid, E. and Peplau, L.A. (1983).
“The emerging science of
relationships”, in Kelley, H.H.,
Berscheid, E., Christensen, A.,
Harvey, J.H., Huston, T.H.,
Levinger, G., McClintock, E., E.
Peplau, L.A., and Peterson, D.R.
(Eds). Close Relationships, W.H.,
Freeman & Company, New York,
NY, pp. 1-19.
Buzzell, Robert D. (1968). "Can You
Standardize Multinational
Marketing?" Harvard Business
Review, 55 (November/
December), 102-13.
DeMente, Boye (1989). Chinese Etiquette
&- Ethics in Business.Lincolnwood,
IL: NTC Business Books, 1989.
Duncan, Tom (1992). "Standardized
Global Marketing Communication
Campaigns Are Possible,
They're Just Hard to Do," in AMA
Summer Educators' Conference
Proceedings, Robert P. Leone and
V. Kumar, eds. Chicago: American
Marketing Association, 352-58.
Ferrell, O. C. and K. M. Weaver: (1978).
‘Ethical Beliefs of Marketing
Managers’, Journal Marketing
42(3), 69–73.
Ferrell, O. C. (2004). Business ethics and
customer stakeholders. Academy
of Management
Perspectives, 18(2), 126-129.
Ferrell, O. C., Harrison, D. E., Ferrell, L., &
Hair, J. F. (2019). Business ethics,
corporate social
responsibility, and brand attitudes:
An exploratory study. Journal of
Business Research, 95, 491-501.
Fournier, S. (1998). Consumers and their
brands: Developing relationship
theory in consumer
research. Journal of consumer
research, 24(4), 343-373.
Friedman, Jonathon (1990). "Being in the
World: Globalization and
Localization," in Global Culture:
Nationalism, Globalization and
Modernity, Mike Featherstone, ed.
Thousand Oaks, CA: Sage
Publications, 295-310.
Hannerz, Ulf (1990). "Cosmopolitans and
Locals in World Culture," in Global
Culture: Nationalism, Globalization
and Modernity, Mike Featherstone,
ed. Thousand Oaks, CA: Sage
Publications, 295-310.
Hsiao, C. H., Shen, G. C., & Chao, P. J.
(2015). How does brand
misconduct affect the brand–
9. Business to Consumer (B2C) Relationships:
Should Local Businesses have to be Honest with their Customers all the Time? | 9
customer relationship?. Journal of
Business Research, 68(4), 862-
866.
Huber, F., Vollhardt, K., Matthes, I., &
Vogel, J. (2010). Brand
misconduct: Consequences on
consumer–brand
relationships. Journal of Business
Research, 63(11), 1113-1120.
Izraeli, D.: (1988). ‘Ethical Beliefs and
Behaviours Among Managers: A
Cross-Cultural
Comparison’, Journal of Business
Ethics 7, 263–271.
Jackson, T., & Artola, M. C. (1997).
Ethical beliefs and management
behaviour: a cross-cultural
comparison. Journal of Business
Ethics, 16(11), 1163-1173.
Kapferer, Jean-Noel (1992). Strategic
Brand Management. New York:
The Free Press.
Newstrom, J. W. and W. A. Ruch: (1975),
‘The Ethics of Management and
the Management of Ethics’, MSU
Business Topics (Winter), 29–37.
Reinartz, W. and Kumar, V. (2002). “The
mismanagement of customer
loyalty”, Harvard Business Review,
July, pp. 86-93.
Shocker, Allan D., Rajendra K. Srivastava,
and Robert W. Ruekert (1994).
"Challenges and Opportunities
Facing Brand Management: An
Introduction to the Special Issue,"
Journal of Marketing Research, 31
(May), 149-58.
Trump, R. K. (2014). Connected
consumers' responses to negative
brand actions: The roles of
transgression self-relevance and
domain. Journal of Business
Research, 67(9), 1824-1830.
Zhang, J. Z., & Chang, C. W. (2020).
Consumer dynamics: theories,
methods, and emerging
directions. Journal of the Academy
of Marketing Science, 1-31.