Managing long-term relationships with external customers

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Reference no: EM133944569

Question

"Building relationships with customers is a fundamental business of every enterprise, and it requires a holistic strategy and process to make it successful." (Parvartiyar and Sheth, 2001)

Critically examine the role of operations and marketing within your chosen organisation in building and managing long-term relationships with external customers (whether this is B2B and / or B2C customers). You need to examine from both a marketing and operations perspective. Some areas that you might consider, but you are not limited to, include:

Examine the benefits (to both your chosen organisation and its customers) of building long-term customer relationships.

How are the strategies for operations and marketing organised within your chosen organisation to support the management of its customer relationships? Where and how do improvements need to be made to these strategies?

Examine the extent to which operations and marketing work together to build / manage customer relationships. Consider if there are any conflicts / challenges that occur between the two functions. How have these conflicts / challenges been overcome (or can be overcome)? Consider if there are any disadvantages in building long-term customer relationships.

Reference no: EM133944569

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