Phusit Wonglorsaichon. The Effects of environment quality interaction quality outcome quality and relationship quality on customer loyalty in banking industry in Bhutan. Master's Degree(Business Administration). University of the Thai Chamber of Commerce. : University of the Thai Chamber of Commerce, 2008.
Bhutan
Bhutan
The Effects of environment quality interaction quality outcome quality and relationship quality on customer loyalty in banking industry in Bhutan
Abstract:
The banking sector in Bhutan has undergone drastic changes over the last few years resulting in intense competition. Moreover with the emerging of new banks, customer loyalty is a top priority in the banking industry of Bhutan. Thereby customer loyalty is vital for the long-range profitability and ultimate survival of the banks. To enhance the understanding of customer loyalty in banking context, the suggestions from the experts were sort and questionnaire was constructed based on a theoretical ground consisting of loyalty and some concepts related to loyalty. By having a thought about present and future scenario of Bhutans banking industry; the research was carried out with the expected benefit like assisting the management of the banks,enhancing service quality dimensions and to contribute for the future academic research.This research was focused on the demographic characteristics, environment quality,interaction quality, outcome quality, and relationship quality since it is questionable whether these factors have an effect on customer loyalty or not. For this research, 399 questionnaires were collected and analyzed with the help of computer statistical program. The findings reveal these dimensions (its attributes) have an effect on customer loyalty. Furthermore, this study has found an adaptive model which could be applied toother similar service industry or banking industries in developing countries like Bhutan. The authors' discussion, results and research approach of the study can be helpful to researchers and managers of the service firms.