J 2015

Effect of Customer Satisfaction on Company Performance

SUCHÁNEK, Petr and Maria KRÁLOVÁ

Basic information

Original name

Effect of Customer Satisfaction on Company Performance

Authors

SUCHÁNEK, Petr (203 Czech Republic, guarantor, belonging to the institution) and Maria KRÁLOVÁ (203 Czech Republic, belonging to the institution)

Edition

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Brno, 2015, 1211-8516

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50600 5.6 Political science

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

RIV identification code

RIV/00216224:14560/15:00083268

Organization unit

Faculty of Economics and Administration

Keywords in English

customer satisfaction; product quality; company performance

Tags

International impact, Reviewed
Změněno: 27/1/2016 23:05, doc. Ing. Bc. Petr Suchánek, Ph.D.

Abstract

V originále

The subject of this article is customer satisfaction and its impact on company performance through satisfaction with its products, including a comparison with the competition. Research was conducted in search of factors which aff ect customer satisfaction on the one hand and the performance of the company on the other hand. We constructed a model explaining what specifi c factors (aff ecting customer satisfaction) have an impact on the performance of a company. This model can help management to better run the business and achieve higher performance. The article is based on research that focused on companies in the food industry in Czech Republic and on their customers. First, we found the fi nancial performance of surveyed companies (based on indicators ROA, ROE and assets turnover) and on this basis they have been divided on companies effi cient and ineffi cient. Furthermore factors were identifi ed (based on previous research of authors) that have an impact on customer satisfaction (among these factors include product quality, customer requirements for product, comparison with competitive products, etc.). With the use of non-parametric statistical methods, logistic regression and discriminant analysis was analyzed, what factors aff ecting customer satisfaction also aff ect business performance.

Links

MUNI/A/1209/2014, interní kód MU
Name: Spokojenost zákazníka a výkonnost podniku
Investor: Masaryk University, Category A