ANALYZING FACTORS TO IMPROVE SERVICE QUALITY OF LOCAL SPECIALTIES RESTAURANTS: A COMPARISON WITH FAST FOOD RESTAURANTS IN SOUTHERN VIETNAM
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 11
Abstract
The top fast food restaurant brands like KFC and MacDonald?s have gone global and demonstrated their successful business strategies through providing quick-service and convenience for customers. Meanwhile, local specialty food has recently emerged as a phenomenon attracting customers? attention on traditional value of ethnic food culture. The purpose of this study is to conduct a regional survey in Vietnamese restaurant companies to identify some key factors that make customers interested in local dishes. Questionnaires were delivered to customers having meals at local specialty restaurants in Ho Chi Minh City, Vietnam. The restaurants? service quality focuses on six dimensions including price, healthy food, staff management, decoration, hygiene and location using a 5-rank scale measurement. The management staff of the surveyed restaurant companies demonstrated good level of knowledge on and awareness of doing business. However, issues of price and cultural management style in the restaurant business are insufficient. The results showed that the menu price for regular items of these specialty restaurants is not reasonable for most local diners to afford. Concerning about communication culture, the research interview also pointed out that the management staff should provide proper guidance for waiters on serving etiquette to make customer more satisfied. The main conclusion of this study is the need for collaboration between restaurant entrepreneurs in the area in order to implement the principles of healthy eating in out-of-home settings.
Authors and Affiliations
Lai Wang Wang| Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences Taiwan, Thanh Tuyen Tran| Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences Taiwan; International Relations Office, Lac Hong University, Bien Hoa city, Dong Nai, Vietnam, Nhu Ty Nguyen| International Relations Office, Lac Hong University Huynh Van Nghe, Buu Long ward, Bien Hoa city, Dong Nai, Vietnam
GROWTH EFFECTS OF HEALTH INPUTS AND OUTCOMES IN SUB-SAHARA AFRICAN COUNTRIES (1995-2011)
The study examined the contribution of health inputs and outcomes to growth process in the Sub-Saharan Africa. Panel data of 30 countries from the sub-region from 1995 to 2011was used in a dynamic Generalized Method of M...
IMPACT OF SAFTA ON SOUTH ASIAN TRADE
The formation of regional trading blocs has been a subject of many debates, particularly with respect to trade creation and trade diversion in static and dynamic senses. Our study discusses this issue by examining how So...
INCOME DIVERSIFICATION AND BANK RISK-RETURN TRADE-OFF: EVIDENCE FROM AN EMERGING ECONOMY
This study examines the impact of bank income source diversification on risk-return trade off, of commercial banks in an emerging economy. Considering eleven commercial banks for the period from 2002 to 2015, the paper e...
THE EFFECT OF INFORMATION FEEDBACK FREQUENCY AND INVESTMENT FLEXIBILITY ON MYOPIC LOSS AVERSION
The prospect theory proposed by (Kahneman and Tversky, 1979) stated that people are risk-averse when faced with profits and risk-loving when faced with loss. Benartzi and Thaler (1995) combined the Myopic Loss Aversion a...
DYNAMICS OF THE RELATIONSHIP BETWEEN IMPLIED VOLATILITY INDICES AND STOCK PRICES INDICES: THE CASE OF EUROPEAN STOCK MARKETS
This paper examines the relationship between implied volatility indices and stock price indices in the case of five European market : Euro zone, France, Germany, Switzerland and the United Kingdom for the period from Jan...