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What is Perceived Value

Handbook of Research on Transnational Higher Education
Multidimensional construct, reflecting a trade-off between positive (benefits) and negative (sacrifices) elements, and including cognitive and affective aspects, perceived by the consumer.
Published in Chapter:
Cross-Cultural Approach to Evaluation of University Services
Margarita García Sanchis (Universitat de València, Spain), Irene Gil Saura (Universitat de València, Spain), Gloria Berenguer Contrí (Universitat de València, Spain), and Maria Fuentes Blasco (Universidad Pablo de Olavide, Spain)
Copyright: © 2014 |Pages: 24
DOI: 10.4018/978-1-4666-4458-8.ch009
Abstract
Increased competition between universities is generating the need for in-depth analysis of the processes underlying evaluation of university service because of its implications for student behaviour. Cross-cultural analysis of student perceptions is a fundamental approach. This chapter attempts to review the concept in the light of dimensional models of culture proposed by Hofstede (1980, 2001) and Schwartz (1994). Thus, based on a theoretical framework that reviews the main contributions to the concept of culture and evaluation of university service, a proposal has been developed for evaluating university service from a cross-cultural approach. The results show cultural differences between students from four different nationalities. Furthermore, Hofstede’s (2001) model has been found to be the most appropriate for evaluating cultural differences in this context.
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Member Value?: Evaluating Professional and Learning Networks
Van Tiem et al.’s (2012) perceived value definition is “the awareness of the results and outcomes that positively impact the client, their customers and the global environment” (p. 54). For this study, the definition was modified to be the awareness of the results and benefits that positively impact individuals and their personal and professional environment.
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Personally Engaged with Retail Clients: Marketing 3.0 in Response to New Consumer Profiles
An assessment of the worth of a good or service. The product value assessed by a business when setting a price for a particular product can depend on its production costs, its overall market value and the value of the product as perceived by a targeted group of consumer.
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Determinants of Customers' Perceived Value in the Fast Food Industry for Global Brands in Malaysia
The perception of customers about the benefits of purchased products or services against what is given in return.
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Volunteering in Religious Events: A Consumer Behavior Perspective Through Two Case Studies of Catholic Mega-Events
Or consumer value or service value or customer value, is the consumer overall assessment of the utility of the consumption experience in term of the difference between what is received and what is given.
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Perceived Challenges and Beyond to Caravan Traveling: A Case Study on Customer Insights
The overall assessment of the utility of a product based on the perceptions of what is received and what is given.
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Are Retailers' Perceptions of Their Innovativeness and Technology Similar to Those of Consumers?
“Consumers’ overall assessment of the utility of a product based on perceptions of what is received and what is given” (Zeithaml, 1988 AU26: The in-text citation "Zeithaml, 1988" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. , p. 14).
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Value Co-Creation in Fitness Centers: The Role of Customer Citizenship Behavior on Perceived Value, Satisfaction, and Repurchase Intention
Perceived value is the customer’s overall assessment of the utility of services or products based on the perception what they give and what they receive.
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Assessing the Mediating Role of Destination Image on the Perceived Value and Satisfaction of People With Disabilities
The overall perceived benefit or worth that a customer or tourist receives from a particular product or service, relative to the price or effort required to obtain it.
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An Integrated Model for E-CRM in Internet Shopping: Evaluating the Relationship between Perceived Value, Satisfaction and Trust
is defined as cognition about attributes and benefits directly related to perceived needs or wants in the shopping experience.
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Customer Loyalty in the Auction E-Service
The overall evaluation of the extrinsic cues of a specific organization, based on customers’ perceptions of what they received and what their input to the shopping experience was.
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Tourist Satisfaction Analysis Through Structural Equation Models
Measure by which tourists evaluate the characteristics of a product or service and its ability to satisfy their needs and expectations, especially when compared to other similar products or services.
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Consumer Perception of Robotic Mobile Fulfillment Systems: A Netnographic Case Study of Amazon
Consumer assessment of what is received (benefits, quality, worth) compared to what is given up (price, time, effort).
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Retail Innovativeness: Importance of ICT and Impact on Consumer Behaviour
“Consumers’ overall assessment of the utility of a product based on perceptions of what is received and what is given” (Zeithaml, 1988, p. 14).
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The Impact of Customer Dissatisfaction Regarding Revenue Management on Perceptions of Airline Experience and Loyalty
Value perceived by the passengers in the process of benefiting from the flight service does not only include the monetary value paid by the customer. In addition to the monetary value paid, it also includes such burden as the endeavor and time that the passenger has spent in the whole process from the moment of his/her going into action for obtaining this service to the moment when he/she has received his/her luggage at the destination airport.
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Dimensions of Perceived Value That Influence the Intention to Adopt the Metaverse: The Case of Spectator Sports Fans
The assessment of potential gains and losses from purchasing a product or adopting a desired behavior.
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