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Risk management in Customer Relations? Reaching customer satisfaction threshold

Victor-Lucian Croitoru ()
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Victor-Lucian Croitoru: Compania de Apa SOMES SA, http://www.casomes.ro

Romaqua, 2013, vol. 85, issue 1, 9-14

Abstract: A major aspect of utility management is addressing customer satisfaction through communication and information campaigns and stakeholder involvement, however, what happens when a customer satisfaction threshold regarding the quality of services is reached and consumers will not pay higher rates for improved services? This could be the interpretation of the situation experienced by SOMES Water and requires a decision making over the continuation of further required infrastructure modernization investments based on risk management.

Keywords: Customer satisfaction threshold; risk management; affordability; willingness to pay more (search for similar items in EconPapers)
Date: 2013
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