Customer satisfaction barometers and economic development: An explorative ordinal regression analysis

The national customer satisfaction barometers are aggregated measures of customer satisfaction, which have the potential to provide broad-based benchmarks for business organisations. These barometers may also explain changes in national economic returns and stability, and thus they are able to give...

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Bibliographic Details
Published inTotal quality management & business excellence Vol. 19; no. 5; pp. 441 - 460
Main Authors Grigoroudis, E., Nikolopoulou, G., Zopounidis, C.
Format Journal Article
LanguageEnglish
Published Abingdon Routledge 01.05.2008
Taylor & Francis Ltd
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Summary:The national customer satisfaction barometers are aggregated measures of customer satisfaction, which have the potential to provide broad-based benchmarks for business organisations. These barometers may also explain changes in national economic returns and stability, and thus they are able to give a measure of the economic welfare and the quality of a national economic output. The aim of this paper is to examine the linkage between national satisfaction indices and several macroeconomic development data. The presented approach is an explorative ordinal regression method, in the context of goal programming modelling. Stability evaluation of the provided results is also discussed, using a post-optimality analysis approach. The application presented concerns the comparative analysis of the American Customer Satisfaction Index (ACSI), the Swedish Customer Satisfaction Barometer (SCSB), and the German Customer Satisfaction Barometer (GCSB), while the results are mainly focused on measuring the contribution of macroeconomic indicators to the national level of satisfaction.
ISSN:1478-3363
1478-3371
DOI:10.1080/14783360802018095