In terms of revenue effect, trade surplus, added value of inter industry, contribution of received tax money, employment and income effect, Automotive industry in Korea has long influenced the national economy immensely.
Perceived product quality and...
In terms of revenue effect, trade surplus, added value of inter industry, contribution of received tax money, employment and income effect, Automotive industry in Korea has long influenced the national economy immensely.
Perceived product quality and service quality were measured by SERVPERF instrument which assesses perceived quality as the only performance of service providers. As a consequence, this thesis studies which of quality factors would be conducive to customer satisfaction and repurchase intensions and, furthermore, a correlation between perceived product quality and perceived service quality.
The findings of this study are as follows.
First, perceived service quality exerts a significant influence on customer satisfaction, with service quality factors affecting customer satisfaction coming in order of size of indirect effect, Reliability, Responsiveness, Assurance, Tangibles and Empathy.
Second, perceived service quality doesn’t exert a significant influence on repurchase intensions.
Third, perceived product quality exerts a significant influence on customer satisfaction, with Product quality factors affecting customer satisfaction coming in order of size of indirect effect, Conformance, Performance, Durability, Reliability, Perceived Quality, Aesthetics, Serviceability, Features.
Fourth, Perceived product quality doesn’t exert a significant influence on repurchase intensions.
Fifth, Correlation coefficient value between perceived service quality and perceived product quality is 0.705. Perceived service quality and perceived product quality are strongly correlated. And this means, from the standpoint of assessing product and service quality after a purchase, that consumers who are satisfied with product have the tendency of being satisfied with the services as well, and visa versa, meaning that consumers who are satisfied with services tend to be satisfied with products too.
Sixth, Consumers who are satisfied with both product quality and service quality are highly likely to have high repurchase intensions. Standardized path coefficient value about ‘customer satisfaction -> repurchase intensions’ is 1.046. Explanatory power of customer satisfaction proved to be high.
Last, For adequacy index of SERVPERF model is GFI(0.813), AGFI(0.749), RMR(0.095) and NFI(0.902). The values are not satisfactory but acceptable.