Evaluation of Customer’s Switching Behavior towards Banking Service Providers in Hanoi
Journal Title: Journal of Economics, Finance and Management Studies - Year 2021, Vol 4, Issue 07
Abstract
Service quality and customer switching behavior are among the most important factors that affect service firms’ market share and profitability, yet they remain understudied in Vietnam’s service sectors. This study surveys 343 customers who using service of bank in Hanoi to explore the perceived importance of customer switching behavior in banking service sector. By using seceral statistical analytical tools, i.e. descriptive statistics, Independent T-test and Anova; the study identifies the following: There is, statistically, significant difference in the level of customer’s switching behavior towards banking service providers in Hanoi from these different gender, age, Academic standard and income. Based on the findings, some recommendations are given for banks in Hanoi to improve the quality service and loyalty of customers.
Authors and Affiliations
Le Thi Hai Ha, Pham Thi Thuy Van, Nguyen Thi Anh Tram
Influence Self Efficacy, Budgetary Participation, Information Asymmetry, and Emotional Stability of the Budgetary Gap
The budget is an organizational plan, which is written and contains a program of activities expressed in monetary units, which is prepared at a certain time. The process of preparing the budget can trigger the behavior o...
Organizational Commitment, Work Motivation, and Job Satisfaction: Understanding Its Impact of Employee Performance (Case Study at Bank Mandiri (Persero)
The objective of this study is to examine the impact of organizational commitment, motivation, and job satisfaction on employee performance. The sample population for this study consists of a total of 35 people employed...
Tracking the Trail of Regional Financial Performance: Economic Growth as a Bridge towards Poverty Reduction
This study aims to see and determine the indirect influence of regional government financial performance on poverty through economic growth in Indonesia. The analysis method used is multiple linear regression and Sobel t...
Determinant Factors on Indonesia's Economic Growth: An Analysis of Foreign Debt, Foreign Investment, Exports, and Exchange Reserves
The study objective is to examine the impact of foreign debt, foreign investment, exports, and exchange reserves on Indonesia's economic growth, specifically quarterly data spanning the years 2008 to 2018. Furthermore, a...
Tax Concession In Life Insurance In Algeria
The Algerian insurance market remains under-exploited. In 2019, it generated a turnover of 152,148billion DA, of which 14.118MDA (9.27%) in life insurance. The insurance penetration (turnover / GDP) is about 0.68% agains...