Solution Manual for Essentials of Services Marketing, 3rd Edition
Solution Manual for Essentials of Services Marketing, 3rd Edition makes solving textbook exercises easier with step-by-step solutions and helpful tips.
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CHAPTER 1
INTRODUCTION TO SERVICES MARKETING
LEARNING OBJECTIVES
By the end of this chapter, students should be able to
(LO 1) Understand how services contribute to a country’s economy.
(LO 2) Know the principal industries of the service sector.
(LO 3) Identify the powerful forces that are transforming service
markets.
(LO 4) Understand how B2B services improve the productivity of
individual firms and drive economic development.
(LO 5) Define services using the non-ownership framework.
(LO 6) Identify the four broad “processing” categories of services.
(LO 7) Be familiar with the characteristics of services and the distinctive
marketing challenges they pose.
(LO 8) Understand the components of the traditional marketing mix
applied to services.
(LO 9) Describe the components of the extended marketing mix for
managing the customer interface.
(LO 10) Appreciate that marketing, operations, and human resource
management functions need to be closely integrated in service
businesses.
INTRODUCTION TO SERVICES MARKETING
LEARNING OBJECTIVES
By the end of this chapter, students should be able to
(LO 1) Understand how services contribute to a country’s economy.
(LO 2) Know the principal industries of the service sector.
(LO 3) Identify the powerful forces that are transforming service
markets.
(LO 4) Understand how B2B services improve the productivity of
individual firms and drive economic development.
(LO 5) Define services using the non-ownership framework.
(LO 6) Identify the four broad “processing” categories of services.
(LO 7) Be familiar with the characteristics of services and the distinctive
marketing challenges they pose.
(LO 8) Understand the components of the traditional marketing mix
applied to services.
(LO 9) Describe the components of the extended marketing mix for
managing the customer interface.
(LO 10) Appreciate that marketing, operations, and human resource
management functions need to be closely integrated in service
businesses.
(LO 11) Understand the implications of the service–profit chain for
service management.
(LO 12) Know the framework for developing effective services marketing
strategies.
CHAPTER OUTLINE
(L01) Understand how services contribute to a country’s
economy
Services dominate almost all types of economies today. The service
sector accounts for a majority of the gross domestic product in all
industrialized countries and provides most of the new jobs in many
developing and highly developed nations worldwide.
(LO2) Know the principle industries of the service sector
The service sector is a very diverse sector with contributions from
various industries that target individual and business customers. Key
industries are:
• Government services
• Real Estate
• Wholesale and Retail trade
• Business and Professional service
• Finance and Insurance
• Healthcare services
• Transport, utilities and communication services
• Accommodation and food services
• Arts, entertainment and recreation services
(L03) Identify the powerful forces that are transforming service
markets
• Changes in government policies
• Social changes
• Business trends like productivity and cost savings, franchising
etc.
• Advances in information technology
• Internationalization
service management.
(LO 12) Know the framework for developing effective services marketing
strategies.
CHAPTER OUTLINE
(L01) Understand how services contribute to a country’s
economy
Services dominate almost all types of economies today. The service
sector accounts for a majority of the gross domestic product in all
industrialized countries and provides most of the new jobs in many
developing and highly developed nations worldwide.
(LO2) Know the principle industries of the service sector
The service sector is a very diverse sector with contributions from
various industries that target individual and business customers. Key
industries are:
• Government services
• Real Estate
• Wholesale and Retail trade
• Business and Professional service
• Finance and Insurance
• Healthcare services
• Transport, utilities and communication services
• Accommodation and food services
• Arts, entertainment and recreation services
(L03) Identify the powerful forces that are transforming service
markets
• Changes in government policies
• Social changes
• Business trends like productivity and cost savings, franchising
etc.
• Advances in information technology
• Internationalization
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