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Can only go beyond customers' expectations if they understand what they are

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Final answer:

To exceed customer expectations, one must deeply understand customer needs and align with the company's goals and priorities. Viewing a manager as an internal customer fosters professionalism and resourcefulness, while acknowledging that mistakes are part of the learning curve. The satisfaction a product or service provides shapes consumer behavior, affected by the clarity and quality of information available.

Step-by-step explanation:

To go beyond customers' expectations requires a deep understanding of their needs, preferences, and behaviors. This is critical in a business context, where customer satisfaction is closely tied to the success of a company. By thoroughly reading and comprehending a company's goals and priorities, employees can align their efforts to contribute effectively to the team's objectives and the broader vision of the organization.

When employees view their manager as an internal customer, they can present a high level of professionalism and resourcefulness. This approach not only secures positive feedback but also paves the way for professional growth and increased job satisfaction. It's important to recognize that initial mistakes are part of the learning process, and it is through these experiences that employees come to better understand their role and the expectations set upon them.

In the marketplace, each transaction is influenced by the buyer's belief in the expected satisfaction that a product or service will provide. When the information available to parties in a transaction is imperfect or unclear, this can impact consumer behavior, from post-purchase regret to hesitancy in future purchases. Moreover, product design and engineering must account for various stakeholders - including regulators, suppliers, and customers with evolving tastes - to ensure the end product meets a broad range of requirements and adapts to shifting consumer preferences.

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