Calculate the net promoter score

Assignment Help Operation Management
Reference no: EM131305720

Retaining customers is critical to business success. NPS is used as a metric for customer loyalty, which strongly correlates with revenue growth. Data are obtained via a variant of the simple question "What is the likelihood that you would recommend us?" with the 0-10 score range. Scores of 9 or 10 mean "promoters" and "not price sensitive "; 7 or 8 for "passives"; and, 6 or lower for "detractor" and "price sensitive". We have the following survey data:

Score 0 1 2 3 4 5 6 7 8 9 10

Freq. 1 3 5 4 7 15 22 51 85 73 59

(a) Calculate the percentage of promoters. (b) Calculate the percentage of detractors. (c) Calculate the net promoter score.

Reference no: EM131305720

Questions Cloud

Employee for a photograph as part of recruitment : When, if ever, may an employer ask a candidate or employee for a photograph as part of recruitment, selection or employment procedures? May an employer ask a candidate or current employee to which organizations the individual belongs? If a contract i..
Technological society has affected the marketing concept : How do you think today's information and technological society has affected the marketing concept and its application to today's target markets?
Business communications activity : Write an article summary in memo formal to Sandra Ellington that addresses two articles on future technology trends. include an introduction, such as you requested, I am submitting two articles summaries...Identify the author, article title, journal ..
Process capability indexes : A ball bearing design for wheel assemblies used in giant mining dump trucks requires the inner diameter to have a lower specification unit (LSL) of 60.24 cm and an upper specification unit (USL) of 60.38 cm. Give an equation for the process capabilit..
Calculate the net promoter score : Retaining customers is critical to business success. NPS is used as a metric for customer loyalty, which strongly correlates with revenue growth. Data are obtained via a variant of the simple question "What is the likelihood that you would recommend ..
Explain what a surety looks for in construction companyan : Why should construction organizations go through the effort of doing projections and budgets? Explain the concept of sustainable competitive advantage and why it is important. Explain what a surety looks for in a construction company and why.
Explain three benefits of decentralized decision making : Identify and explain three benefits of decentralized decision making. discuss how these benefits might create strategic an or operational difficulties.
Which are the motivations theories : Which are the motivations theories which are considered as process theories. Describe 2-3 ethical values that you feel are important for a company. What are some of the ethical questions facing businesses globally today? Why does it matter how busine..
Leadership succession planning : Effective organizations understand that leadership succession planning is essential to promote continuity and long-term organizational health. Select a recent article from current events (past 90 days) related to succession planning.

Reviews

Write a Review

Operation Management Questions & Answers

  Describe the generic product development process

Describe the generic product development process described in the chapter. How does the process change for "technology-push" products

  Affect global marketing initiatives

Analyze two issues or trends that you feel will affect global marketing initiatives in the next 10 years. What is the significance of each issue or trend discussed? How will organizational leaders need to prepare for these issues?

  A kind of genetic engineering happens in nature

A kind of genetic engineering happens in nature, with naturally occurring mutations and the dominance of certain strains. What is different about today’s processes? What makes them potentially dangerous? What should we consider natural and what is ar..

  Explain differences in profitability across industries

What are the factors that could explain differences in profitability across industries?

  About the job-observation-interviews-questionnaires

Assume that you’ve been asked to conduct a job analysis on an entrylevel administrative assistant position at your organization. Which job analysis method would you be most likely to use to collect data about the job: observation, interviews, questio..

  What are the mandatory use of headscarves

Develop a cultural relativist approach and take sides in the events depicted in the case, accordingly. What can you say about the mandatory use of headscarves in Iran?

  Developing strategic plans

Which type of investor causes the most problem for CEOs in developing strategic plans?

  Your friend describes how the ihhpc works a patient would

if your best friend came to you and said that their electronics business was doing poorly and you looked over their

  Identifying three recently formed alliances

Using an Internet search engine, search for "strategic alliance," and identify three recently formed alliances. For each alliance, identify whether the companies' other products are generally competitors or complementary products.

  The right leadership model for the times

Tetenbaum and Laurence conclude that Heifetz’s adaptive leadership model is “the right leadership model for the times." Post a response to this assertion, stating whether you agree or disagree with their conclusion and the reason for your opinion

  Illustrate what is standard deviation of above-below median

Illustrate what is standard deviation of above/below median runs. Illustrate what can analyst conclude given this information.

  Component of cultural intelligence and cultural intelligence

Which of the following statements about cultural intelligence is true? Which of the following is the last component of cultural intelligence?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd