Preview

Waltham Oil

Powerful Essays
Open Document
Open Document
2104 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Waltham Oil
4) Ans.As stated in the case the motto of the founder of the Rent-a car enterprise Jack Taylor was 'Take care of your customers and employees first, and profit will take care of itself.' The concept of ESQi or the Enterprise Service Quality index model was also based on this core concept.According to this concept survey is conducted to find out two basic objectives, “what makes customers loyal,and who are the loyal customers of the company”. Enterprise targeted customers who were highly satisfied and would rent from the company again. The customers were segmented prioritywise,with the most loyal customers in the top notch.Telephone Researchers who were specially employed for this purpose conducted this survey through telecommunication with the customers,enquiring whether they are satisfied with the rent-a-car service or not etc,.The scores of the ESQi survey helped the company to find out what makes customers happy and what are the causes of their dissatisfaction if any.The ESQi scores also helped the company to find out underperforming departments of the company and the departments which performed well,as the staffs were asked to rate their peers who according to them is performing well in the field of customer satisfaction,The composite scores then tallied to find out the best performing department and staff,and accordingly they are rewarded through incentives and promotions.
This collection of data on customer opinions is a good example of qualitative data. The collection of data on the numbers of cars rented illustrates quantitative data. The customer satisfaction has a direct impact on sales and profits. This collection of data on customer opinions is a good example of qualitative data.Together the analysis of both types of data helped improve Enterprise's performance.For the Company Rent-A-Car investment in customer satisfaction services is like an investment by Manufacturing companies on Research and development.The ESQi results have been useful in

You May Also Find These Documents Helpful

  • Powerful Essays

    The chosen business is Audi which there the Customers demands a high quality service which means before sale of the car, the actual process in the sale, and after sale service this helps the company retain their client. In this report you’ll see the writer has use some underpinning theories such as the Servqual Model, and Loyalty Ladder.…

    • 2099 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Team C’s Business Research Methods Part I analysis determined a problem within Toyota Motor Corporation’s recent recalls that posed a potential for decreased customer satisfaction, which has the additional potential for impacting sales. Part II proposed a sample design and appropriate collection methods, a sample survey, a presentation, and classification of findings. In Part III, the final piece of this essay, the statistical analysis from Part II will be discussed as well as the potential challenges and validity of the original research question and the data analysis that followed. Finally, the findings are presented in the proper response type, and classified in order of power in appendix A. The research question Team C proposed is “Is there a statistically significant relationship between customer satisfaction and Toyota sales in the U.S.?”…

    • 1270 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Waltham Motors

    • 604 Words
    • 3 Pages

    Q1. Using budget data, how many motors would have to be sold for Waltham Motors Division to break even?…

    • 604 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Week 4 Paper

    • 827 Words
    • 4 Pages

    Customer satisfaction determines the success of a business. Delivering consistency in the value and quality of a product, gains the company a competitive edge in the market, differentiating its product with a brand or image in the market. It is how the company appeals to the customer, and the company’s ability to attract that customer creating a business relationship. Los Primos Car-Wash appeals to its customers because of the unique service and…

    • 827 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Waltham Motors Division

    • 1117 Words
    • 5 Pages

    Question 1: Using budget data, how many motors would have to be sold for Waltham Motors Division to breakeven?…

    • 1117 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Waltham Motors Division

    • 647 Words
    • 3 Pages

    Manufactured Electric Motors of single design Motors sold to Household appliance Manufacturers Originally a family business, acquired by Marco Corporation in late 2003…

    • 647 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Waltham Motors

    • 2718 Words
    • 11 Pages

    To calculate the breakeven point, I took the budgeted contribution margin of $351,200, divided by the budgeted units expected to be produced, which was 18,000. This would give me the unit contribution margin. I then took the total fixed costs and divided it by the unit contribution margin. The calculation is as follows:…

    • 2718 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Waltham Motors Division

    • 2937 Words
    • 12 Pages

    Q1. Using budget data, how many motors would have to be sold for Waltham Motors Division to break even?…

    • 2937 Words
    • 12 Pages
    Satisfactory Essays
  • Best Essays

    1. Introduction – importance of customer loyalty to a company Customer loyalty is an important thing to be considered by every organization because it can affect the performance of a company, directly or indirectly, and within short-term as well as long-term period. According to Castledine (2011), loyal customers generate more profits and it is also six times cheaper to retain an existing customer rather than winning a new one. Customer loyalty can be obtained by delivering value that creates customer satisfaction. Value is closely related with the ratio between cost and benefit to the customer (Castledine, 2011). Customer satisfaction is created when their experience or perceived performance meets their expectations (Castledine, 2011). A company should strive not only to achieve customer satisfaction one at a time, but also try to make a consistent creation of it. In the context of service industry, the challenge of making consistent customer satisfaction is bigger than the challenge faced by…

    • 2100 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Research Project

    • 7113 Words
    • 29 Pages

    Few companies have realized the opportunity to improve the relationship with a customer while performing marketing research. Any direct contact, including customer satisfaction surveys, is an important opportunity to improve the relationship with customers. In this Research, it will find out some factors which effect customer satisfaction. It is a core strategy for Pacific, which provide hotel services. The Hotel is looking…

    • 7113 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    case

    • 676 Words
    • 3 Pages

    Nowadays, customer service is one important part of a company because good services can increase customer loyalty and attract new customers that lead to make a company be more profitable. In Car Rental Services Review, it shows a survey about customer satisfaction of top nine car rental companies in four aspects: ease of use, types of rentals, features, and help & supports. The result is customers think Enterprise’ service is the best (Car Rental Services Review. n. d.). According to the website of Enterprise, there is an ESQi survey system in Enterprise. This system it is managed by a dedicated group. The system provide information that lets the company know its strengths and weaknesses, and then makes the company adopt its good points and avoid its shortcomings(Enterprise. n. d.).…

    • 676 Words
    • 3 Pages
    Good Essays
  • Good Essays

    enterprise rent a car

    • 698 Words
    • 3 Pages

    Enterprise Rent-A-Car has defined its service much differently than that of the typical national car rental companies. Their idea and technique of personal service, by treating the customers like neighbors more so than clients is what makes this company so unique and successful. They are industry leaders in fleet size and market presence. The company’s president, Andy Taylor, stated in his motto “if you put the customers first they will be satisfied and come back, followed by employees who are well informed and part of a team atmosphere. If you put the customers and employees first the bottom line will happen”. The company’s service concept focuses on three key benefits for the customer. The first benefit is their enormous form of convenience due to nearby locations. Second, the luxury of being picked up and dropped off at one’s own home, office, or repair shop - free of charge. Third, are their outstanding rates that cannot be beat, as well as their exceptional selection of vehicles.…

    • 698 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Enterprise chose to contact its customers by using systematic sampling. Enterprise, after determining the sample size, then every nth record (1 in 20 customers) is selected from a list of population members. Systematic sampling yields a probability sample but it is not random sampling strategy. The research instrument that Enterprise uses is the questionnaire that the respondent completes. The questionnaire instrument is relatively inexpensive to administer. The same questionnaire is sent to all respondents systematically selected. The respondents fill the questionnaire out at their own convenience.…

    • 579 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This thesis used ACSI model as a theoretical basis, which is a cause-and-effect model, to measure the quality of goods or service that starts from “customer expectations” to “customer satisfaction”. The purpose of this thesis is to find a suitable model for developing the customer satisfaction of No.2 bus service, by examining the relationships between perceived quality, customer expectation, perceived value and customer satisfaction in ACSI model. According to the data from survey of the international students in Gävle University, who lives in Sätra of Gävle of Sweden, this thesis used the partial least squares (PLS) regression to estimates the ASCI model. As a result, the coefficients of each variable and R-square statistics indicate that the relationships between PQ, CE, CS and PV are very weak; PV should be ignored in the case. Therefore, the ACSI model in this case had been revised, and the conclusion can be drawn: the ACSI model was unsuitable for No.2 bus case, furthermore, this study presents a new model for No.2, which is “customer expectation—perceived quality—customer satisfaction”. Consequently, the X-traffic Company should know the customers expectation and provide the service which can meet customer needs. By expanding previous research and based on ACSI model, the study empirically examines the relationships between three customer satisfaction dimensions.…

    • 8199 Words
    • 33 Pages
    Powerful Essays
  • Powerful Essays

    ✓ Ahmed, I., Nawaz, M., Usman, A., Shaukat, M., Ahmad, N., and Iqbal, H. (2010). Impact of Service Quality on Customers ' Satisfaction…

    • 3713 Words
    • 15 Pages
    Powerful Essays