Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.

A dissertation submitted in partial fulfillment of the requirements for award of Degree of Master of Business Administration [Corporate Management] of Mzumbe University

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Murungu, Fadhili
التنسيق: أطروحة
اللغة:الإنجليزية
منشور في: Mzumbe University 2024
الموضوعات:
الوصول للمادة أونلاين:https://scholar.mzumbe.ac.tz/handle/123456789/1588
الوسوم: إضافة وسم
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author Murungu, Fadhili
author_facet Murungu, Fadhili
author_sort Murungu, Fadhili
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description A dissertation submitted in partial fulfillment of the requirements for award of Degree of Master of Business Administration [Corporate Management] of Mzumbe University
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institution Mzumbe University
language English
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publisher Mzumbe University
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spelling oai:41.59.85.69:123456789-15882024-10-31T09:10:18Z Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro. Murungu, Fadhili Banks Performance Customers Behaviors Banks Competition A dissertation submitted in partial fulfillment of the requirements for award of Degree of Master of Business Administration [Corporate Management] of Mzumbe University The main objective of the study was to assess the customers’ switching behavior on banking performance. It analyzed the factors that contribute to increasing number of customers who switch banks and their influence on banking performance. NBC Ltd Company was chosen as a Case study, the purpose sampling and simple random sampling has been used to obtain a representative of the sample. A sample size consisted of 100 respondents; whereby 60 respondents out of 100 sample size were interviewed being non existing customers, existing customers and bank officers; this was done through interviews, questionnaires and observations. The qualitative analysis through explanatory was used basing on the percentages of data collected from the field. The research findings revealed that 83% of customers interviewed responded that quality of service offered has a great influence to customers’ switching banks while 65% of customers interviewed have a positive response on price. However, effective advertising of competing banks and long distance revealed 65% and 52% of customers interviewed has a positive response on customers’ switching respectively. Also, it revealed that high income earners especially high economical age groups are more likely to switch banks since they gain less compared to that they contribute to the bank. It is recommended that banks should not only rely on increasing prices for their benefits because doing so could bring downside effects to banks since price has the first impression to the customer once wants to purchase a product. To improve the service quality, it was suggested that the bank’s staffs are supposed to be trained with their ethics, professionalism, duties and responsibilities towards customers. Private 2024-10-31T09:10:15Z 2024-10-31T09:10:15Z 2013 Thesis APA https://scholar.mzumbe.ac.tz/handle/123456789/1588 en application/pdf Mzumbe University
spellingShingle Banks Performance
Customers Behaviors
Banks Competition
Murungu, Fadhili
Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.
title Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.
title_full Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.
title_fullStr Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.
title_full_unstemmed Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.
title_short Customers’ switching behavior on banking performance: A case of National Bank of Commerce Morogoro.
title_sort customers switching behavior on banking performance a case of national bank of commerce morogoro
topic Banks Performance
Customers Behaviors
Banks Competition
url https://scholar.mzumbe.ac.tz/handle/123456789/1588
work_keys_str_mv AT murungufadhili customersswitchingbehavioronbankingperformanceacaseofnationalbankofcommercemorogoro