Question

1. When we speak about understanding the “voice of the customer” what is meant by determining...

1. When we speak about understanding the “voice of the customer” what is meant by determining “target characteristics”? What other information or data could be included in an organization’s VOC? Why is a VOC considered a dynamic system?

Homework Answers

Answer #1

Determining the target characteristics of the voice of the customer provides an opportunity to the company to understand and anticipate the user behavior, needs, and experiences. Determining the target characteristics will help the companies in lower customer care costs, improve response times, and improve annual revenue by ten times. So it is very important for the companies to give importance to capturing the voice of the customer. The data that can be considered to study VOC are the customer requirements, Customer emails, defect logs, social media comments, customers feedback, and focus groups. VOC is considered a dynamic system because it is mainly targeting the customers. The customers and their needs keep changing so the system cannot have a fixed or specific process to follow. The steps involved and the process need to keep changing in order to meet the business requirements.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. Why do we prefer the median as a better measure of central tendency when the...
1. Why do we prefer the median as a better measure of central tendency when the data are positively/negatively skewed? Are there times in which mean or mode should be used instead? Explain your answer. 2. Find an article about the misuse of statistics and share what you have learned from the article. Then, find an example of when statistics were misused/skewed and state the reason why you think the statistics were reported that way. 3. Maybe you have considered...
Domestic Abuse Myths Five mistakes we make when we talk about Rihanna and Chris Brown's relationship....
Domestic Abuse Myths Five mistakes we make when we talk about Rihanna and Chris Brown's relationship. In your post, 1. What myth do you think is the most dangerous? 2. Why are myths so dangerous? (Hint: keeps us from addressing the real issues) 3. What are the real issues? (Hint: power and control is a behavior that is related to how we think about relationships - dominance and inequality) 4. What is love and how is this simply NOT love?...
What costs are relevant when determining how many pizzas a month Zume Pizza must sell to...
What costs are relevant when determining how many pizzas a month Zume Pizza must sell to break even? Zume Pizza uses a combination of robots, artificial intelligence (AI), and GPS in its food trucks to deliver pizzas to customers’ houses just as the pizza is finished baking. Pizzas are actually prepared and baked in the Zume pizza truck by an employee assisted by robots. Zume Pizza started operations in April 2016 and is currently selling about 250 pizzas per day....
1) What do you remember from childhood about how you made sense out of the great...
1) What do you remember from childhood about how you made sense out of the great range of human differences? What did you do when you noticed that someone was "different" Did you ask questions? If not who or what stopped you? If you did ask questions who did you ask? 2) What are your earliest memories of noticing differences such as skin color or economic class? What words if any, did you have to describe what you noticed? What...
Shamus’s family come to talk to you about their his care. They want to speak to...
Shamus’s family come to talk to you about their his care. They want to speak to you because they trust you as someone who has worked very closely with Shamus as a palliative care worker for the last two months. They are very distressed about a report they have received from the doctor, who has told them that Shamus has only days to live. His family ask you to refer them to a different doctor – there must be something...
For most of this research, we use the Internet. Just keying in a question to Google...
For most of this research, we use the Internet. Just keying in a question to Google or Wikipedia will give us more information than we need! These sources, however, are not necessarily considered to be appropriate for research done for school or business reports. Wikipedia is "open source," meaning anyone can add to it. Google is simply a search engine, and will sometimes take you to sites that are not necessarily telling the true story! 1. What are some of...
27. __________________ occurs when a business sells directly to the customer online and cuts out the...
27. __________________ occurs when a business sells directly to the customer online and cuts out the middle man. a) Intermediaries b) Disintermediation c) Reintermediation d) BPR e) Cybermediation 28. __________________ uses clickstream data to determine the efficiency of the site for the users and operates at the server level. a) Heat map. b) Clickstream analytics. c) Website traffic analytics. d) Website ebusiness analytics e) Descriptive analytics 29. ______________ creates the illusion that a large number of potential customers are clicking...
Go through the case and answer the questions that follow Precision is an established brand in...
Go through the case and answer the questions that follow Precision is an established brand in wristwatches and claims that PWL could achieve this status due to various management initiatives undertaken to make it an IT-enabled Internet driven Enterprise. PWL has become more customers centric. In E-environment we come to know what customer wants and what changes are taking place in the market. This is possible as we get online information in real time mode about choice of product made...
1. Why do we use percentage returns rather than dollar returns when we compare returns? 2....
1. Why do we use percentage returns rather than dollar returns when we compare returns? 2. Last year your portfolio made 15%; the stock market made 10%, and the risk free rate was 2%. If the CAPM is correct, what must the beta of your portfolio be? 3. The world can change but basic financial math doesn’t. The obvious decreases in future cash flows from the virus is bringing stocks down. What is the other, probably more important factor driving...
1. What type of information is used when performing a regression analysis? a. Interest Rates b....
1. What type of information is used when performing a regression analysis? a. Interest Rates b. Return on Investment c. Projected sales or revenues d. Production schedules 2. What is the first step taken to develop a pro forma cash flow statement? a. Determining the amount of cash the organization has on hand b. Identifying potential sources of working capital c. Listing sources of cash income d. Computing profitability ratio 3. Which of the following is NOT considered part of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT