EFFECT OF CRITICAL INCIDENT ON BRAND SWITCHING: BANKING SECTOR REVIEW

OLUGU CHIDIMMA .M. MOUAU/09/13722 | 48 pages (7382 words) | Projects

ABSTRACT.

This study investigated the effect of critical incident on brand switching. Customer satisfaction which is based on incident that surrounds a particular brand. This study also ascertains other intervening factors that also could lead to brand switching. 120 respondents were sampled, data was collected through self administered questionnaire, and data was analyzed through descriptive statistic and correlation model. It was found out that among many factors including convenient location, service failure and high charges, critical incident becomes more significant in determining the rate of brand switching. It was found out that critical incidents have a positive relationship. The value of this research will help bank management to consciously create a positive incidents that may reduce customer dissatisfaction and at the same time increase brand loyalty.


TABLE OF CONTENTS 

Approval page i

Declaration ii

Certification iii

Dedication iv

Acknowledgement v

Table of contents vi

List of tables ix

List of figure x

Abstracts xi

CHAPTER ONE

1.1 Introduction 1

1.2 Statement of Problem 2

1.3 Research Objectives. 3

1.4 Research Questions 3

1.5 Research Hypothesis 3

1.6 Significance of the Study. 4

1.7 Scope of the Study. 4

1.8 Limitations of the Study 4

1.9 Definition of Terms 5

CHAPTER TWO     

2.1   The Concept of C.I 6

2.2   Empirical framework of critical incidence 7

2.3   Overview of customer behavior 8

2.4   Brand switching behavior 9

2.5   Determinant of switching motives/ factors influencing brand 

       switching behavior 10

2.5.1 Poor service quality 10

2.5.2 Price/ cost 11

2.5.3 Ethical problems 11

2.5.4 Attraction by competitors 11

2.5.5 Inconveniences 11

2.5.6 Advertising 12

2.6   Critical incident and customer satisfaction 12

2.7   The effect of critical incident on brand switching 13

2.8 Critical incidents as determinant of overall customer satisfaction. 13

2.8.1 Aggregate performance perceptions as determinant of overall 

          customer satisfaction. 14

CHAPTER THREE

METHODOLOGY

3.1 Area of study 15

3.2 Population Of the study 15

3.3 Sample technique 15

3.4 Determining the Sample Size 16

3.5 Data Collection 16

3.6 Data Analysis Methods 16

CHAPTER FOUR

4.1 Presentation, analysis and interpretation of data 18

4.2 Administration and collection of questionnaire. 18


CHAPTER FIVE

5.1 Summary 29

5.2 Conclusion 29

5.3 Recommendation 30

REFERENCES


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APA

OLUGU, M (2020). EFFECT OF CRITICAL INCIDENT ON BRAND SWITCHING: BANKING SECTOR REVIEW. Repository.mouau.edu.ng: Retrieved May 18, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-critical-incident-on-brand-switching-banking-sector-review

MLA 8th

MOUAU/09/13722, OLUGU. "EFFECT OF CRITICAL INCIDENT ON BRAND SWITCHING: BANKING SECTOR REVIEW" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 06 Apr. 2020, https://repository.mouau.edu.ng/work/view/effect-of-critical-incident-on-brand-switching-banking-sector-review. Accessed 18 May. 2024.

MLA7

MOUAU/09/13722, OLUGU. "EFFECT OF CRITICAL INCIDENT ON BRAND SWITCHING: BANKING SECTOR REVIEW". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 06 Apr. 2020. Web. 18 May. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-critical-incident-on-brand-switching-banking-sector-review >.

Chicago

MOUAU/09/13722, OLUGU. "EFFECT OF CRITICAL INCIDENT ON BRAND SWITCHING: BANKING SECTOR REVIEW" Repository.mouau.edu.ng (2020). Accessed 18 May. 2024. https://repository.mouau.edu.ng/work/view/effect-of-critical-incident-on-brand-switching-banking-sector-review

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