This document reviews local literature on customer satisfaction, customer value, product quality, and price as they relate to the Philippines. For customer satisfaction, sources define it as the feeling of pleasure from a product meeting expectations. Customer value considers the balance between customer benefits and sacrifices. Product quality is evaluated based on customer perceptions relative to expectations. Price is what is given up to obtain a product or service from the customer's perspective. The literature presented various perspectives on these topics from studies conducted in the Philippines.
This document reviews local literature on customer satisfaction, customer value, product quality, and price as they relate to the Philippines. For customer satisfaction, sources define it as the feeling of pleasure from a product meeting expectations. Customer value considers the balance between customer benefits and sacrifices. Product quality is evaluated based on customer perceptions relative to expectations. Price is what is given up to obtain a product or service from the customer's perspective. The literature presented various perspectives on these topics from studies conducted in the Philippines.
This document reviews local literature on customer satisfaction, customer value, product quality, and price as they relate to the Philippines. For customer satisfaction, sources define it as the feeling of pleasure from a product meeting expectations. Customer value considers the balance between customer benefits and sacrifices. Product quality is evaluated based on customer perceptions relative to expectations. Price is what is given up to obtain a product or service from the customer's perspective. The literature presented various perspectives on these topics from studies conducted in the Philippines.
Garcia (2012) said that "Satisfaction is that the sensation of joy or disappointment of a person that results from scrutiny the perceived performance (or result) of a product with expectations." consumer satisfaction in line with Jitsu et al. (2014) says" Customer satisfaction is the result of that customer's perception and the value received during negotiations or relationships during these prices. The value of the price corresponds to the perceived quality of service in relation to the customer value and the cost of acquisition". However, it contrasts with the analysis of Tua et al. (2013) administrative unit steered that "customer satisfaction is seen to influence redemption intent and behavior, that in turn drives future revenue and profits for an organization inside the Philippines." Consumer Satisfaction is consumer feedback inside the fashion of a rating once obtaining some product or services inside the Philippines compared to consumer expectations. Consumer satisfaction is measured victimization of consumer expectations with the performance of products or services which can satisfy consumer wishes and wishes. A cheerful consumer means that there is the unit of measurement similarities between the performance of product and services inside the hope that customers will encourage them to buy the merchandise yet again. At an identical time, a discomfited consumer would persuade different customers not to purchase again, therefore switching to a unique combative complete. García and Haji (2012) printed that "Customer satisfaction is that the extent to it the perceived performance of a product meets the expectations of a buyer." consumer satisfaction is made from several indicators, namely, loyalty, satisfaction, interest in buying back, low level of coverage, disposition to advocate, and conjointly the company's name (García M. y Khan, 2012). 2.2 Customer Value Moron (2000) defines that "the price of the shopper is that the perception of the worth of the client may be a compromise between the standard or the profit they understand within the product and therefore the sacrifice they understand once paying the price," whereas Norman (2005) showed that "customer value" arises once client expectations are met or exceeded in every one of the three areas. only the 3 are harmonic can the profit for the shopper be maximized. However, Ma and Dias (2010) and Surgarte have a unique perspective on buyer value. Ma and Dias (2010) thought that “customer value is directly related to something good about a product or service. In contrast, Surgarte et al. (2013) finished that" client price is Associate in a Philippine analysis of the utility of the product or service understand by customers versus what customers perceive for him. they need to be used the merchandise or service. " Client price considers the link between the profit received by the client and, therefore, the sacrifice him. The implementation of this sacrifice is in line with the exchange method like dealing prices and risk of the product offered by the Philippine company. In the future, there will be a disappointment if the magnitude relation perceived by the economic sacrifices of the purchasers with the product offered by the corporate does not meet the purchasers' expectations. Otherwise, if the link is cheap or exceeds the customer's expectations, customers can feel that satisfaction. Another customer benefits plan is the customer's perception of the quality and quality of a Filipino product vis-à-vis the victim United Nations agency pays the worth. Client price may be measured victimization practical price, emotional price, and social price (Garcia M. and Khan, 2012; Alcantara and Astra, 2009). 2.3 Product Quality According to Zamora (1988), "quality is broadly speaking outlined as superiority or excellence." García and hadji (2012) describe here that "a product is everything that may be offered to a marketplace for its attention, acquisition, use or consumption that would satisfy a need or need," whereas Aaker (1994) cited Esan (2015). He mentioned that "The quality of the product is the perception that the client has of the general quality or superiority of the good or service concerning its supposed purpose compared to the alternatives." Garcia and hadji (2012) assumed that product quality "Product quality is that the characteristic of the product or service that can affect its ability to satisfy the expressed or implicit desires of the client." it is vital to note that the standard of the merchandise is not evaluated from the purpose of reading of the corporate, however from the purpose of reading of the client. Regarding this, two vital factors influencing product quality were addressed, particularly the expected quality of the product and the perceived quality of the merchandise. In detail: if the perceived quality of the merchandise corresponds to the expectation, then the client can understand the standard of the merchandise as sensible quality and can additionally feel happy. On the contrary, if the perceived quality of the merchandise does not meet expectations, the standard of the merchandise perceived by the client is rated as poor product quality. Therefore, the excellent and dangerous product rating depends on the company's ability to fulfill client expectations. In dentifrice product, quality is that the characteristic of the dentifrice that affects its ability to fulfill client needs, whether or not categorical or inexplicit. Garvin (1987), Garcia M., and Khan (2012) thought that product quality consists of many indicators, particularly performance, properties, responsibleness, conformity, durability, utility, aesthetics, and perceived quality. 2.4 Price According to Zamora (1988), from the customer's point of view, "price is what is waived or sacrificed to obtain a product or service." Be and Chao (2001) stated that "the price is defined as what is renounced or sacrificed to acquire a service or product," while García and Haji (2012) have suggested that "the price is the amount of money that is, a product or service; the sum of the values is the customer can exchange for the advantage of owning or using the product or service. "The way customers perceive a specific price at which the high low price of a product has a significant impact the customer's purchase intention. The customer will pay attention to the price paid by other customers, and no one likes to pay more in cash than other customers. Price fairness influences customer perception and, ultimately, their willingness to become a customer. For Philippine products, the price is the amount of money withdrawn for a Philippine product; Customer value is exchanged for the benefit of owning or using a Filipino product. García M. and Khan (2012) defined price as something measurable that consists of several indicators such as affordable price, fair price, reduced price, competitive price, and price suitability. REFERENCES Alcantara, C and Astra, U. 2009. Customer Value Dimensions to investigate the relationship between customer value, customer satisfaction, and intention to perform at Philippine banks. Asian Journal of Marketing. Vol.1. n.1. Thing. 135322 Be, J and Chao 2001. An integrated model of the effect of product perception and perceived service quality with perceived price equity on customer and consumer satisfaction and loyalty. Esan, Y 2015. The Effect of Quality and Price on the Customer Satisfaction and Commitment in Philippines Industry. Journal of Service Sciences, Management and Engineering. No.1.Vol 5. pp.582- 596 Garvin, D.A.,1987. Competing into the Eight Dimensions of Quality Philippine Business Association Review. pp.191-199 Garcia, M and Haji, P 2012. The Principle of Marketing.14th Edition. Philippines. Published by journal of Marketing Garcia M. and Khan 2012. The Marketing of Management.14th Edition. Philippines. Published by journal of Marketing Jitsu, A.A, 2014. Study of Effects of the Customer Service and Product the Quality on the Customer Satisfaction and Loyalty. Asia Journal of Humanities and Social Science. Vol.1 No.7. pp.233-250 Zamora V.A.1988. Philippine Consumers' Perceptions of Price, Quality, and Value: Final Media Model and Summary of Evidence. Philippine Journal of Marketing Vol.52. p.222
واقع تطبيق محاسبة القيمة العادلة في البيئة المحاسبية الجزائرية - دراسة ميدانية لفئتين؛ فئة المؤسسات الاقتصادية المدرجة في البورصة الجزائرية وفئة الأكاديميين والمهنيين المحاسبين
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