Monitoring Customer Satisfaction Is A Component Of The ______ Function
Acquiring customers is important to expand and increase the sales volumes of
products or services to new customers and new areas of the market. Thus, a
management, who is monitoring CS, is able to acquire new ones and achieve
common targets and goals of the company or organization.
Retaining the customers is also achieved with checking and monitoring CS.
If the they are happy and satisfied with the quality and the price level of
products and services, the company will be successful in retaining them and
they will become loyal to products and services with the passage of time. Many
of them will become the old customers who still enjoy and use the products or
services due to their satisfactions, they have and show for the products &
services.
By monitoring CS, the management will know about the accessibility of
products and services to their customers. If there is an ease access of
products & services to customers, then they will surely satisfied with the
products and services of the company’s management. The management get knowledge
about it by conducting surveys, questionaries, etc.
The other options (b, c and d) of this mcq are incorrect as these are not relevant to the given statements, especially, in these options, option (d) is related with the recruitment & selection or the hiring of Human Resource Management (HRM).
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