LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE GAP ANALYSIS OF NETFLIX Submitted to the Faculty of the Business Administration Lyceum of the Philippines University Cavite In Partial Fulfillment of the Requirements for the Course Retail Management Submitted to: Submitted by: Date COLLEGE OF BUSINESS ADMINISTRATION 1 LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE Table of Contents I. Review of Company History Organizational Structure II. Discussion on the Applied Concepts in Retail Management Knowledge Gap Standards Gap Delivery Gap Communication Gap III. Conclusion IV. Recommendation V. References COLLEGE OF BUSINESS ADMINISTRATION 2 LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE DISCUSSION ON THE APPLIED CONCEPTS IN RETAIL MANAGEMENT Knowledge Gap The knowledge gap refers to the difference between the company’s perception of what the customer expects from the industry and the exact expectation of the customers. This gap can grow if management doesn’t focus on the customer’s expectations thoroughly. There are many reasons that can increase the knowledge gap, for example: Not focusing on what customers expect. Lack of upward communication. Insufficient market analysis. Less focus on relationships. Failure to understand customer complaints. Lack of interaction between management and customer The user of Netflix wants to see the upcoming movie trailers on the website. So, Netflix would suffer this gap if it did not provide the upcoming movie list. Standards Gap The standard gap is the difference between management perceptions of the customer needs and the translation of those perceptions into service delivery policies and standards. This gap occurs because of the dissimilarity of what the customer wants and what the management provides for the customers. There are many reasons that can grow the policy gap, for instance: First of all, Insufficient commitment to service quality Additionally, Lack of task standardization Moreover, Lack of goal setting COLLEGE OF BUSINESS ADMINISTRATION 3 LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE Further, Shortness of customer service standards. Also, Inadequately described service levels. Finally, Failure to continually update service level standards. Netflix will suffer from the standards gap if it uploads the upcoming movie trailers after releasing the movie. People want to watch the movie trailer before releasing the movie. Delivery Gap The delivery gap is the dissimilarity between the standard of the service delivery policies of the company and the actual delivery of the service. This problem may occur because of the communication gap, poor technology, and inappropriate supervisory on productions in the industry. This gap occurs because of many reasons in the industry, for example; Firstly, Lack of teamwork to deliver service or product Secondly, the lack of knowledge of the employee about the product or service Thirdly, Insufficient human resources. In addition, the Service performance gap. Further, the Role ambiguity and role conflict – unsure of what your remit is and how it fits with others. Moreover, the Poor employee or technology fit – the wrong person or system for the job. Also, the Inappropriate supervisory control or lack of perceived control – too much or too little control. Netflix may experience this gap if it uploads the lower video quality movie. COLLEGE OF BUSINESS ADMINISTRATION 4 LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE Communication Gap The communication gap refers to is the gap between what the company advertises about the products and what exactly the customer gets delivered. It occurs when the company cannot provide services or products according to the commitment. It is a very important dimension because it may lead to customer disappointment. This communication gap occurs because of many reasons in the industry including; Over-commitment. Lack of integration between communication and production department. Inadequate communications between the advertising teams and the operations department. Netflix may suffer this gap if it is unable to telecast the HD video that promised to offer. CONCLUSION RECOMMENDATION REFERENCES Kobiruzzaman, M. (2021). 5 Gaps Model of Service Quality- Servqual Gaps Model or 5 Gaps Model. Retrieved from: https://newsmoor.com/5-gaps-model-of-servicequality-servqual-gaps-model-or-5-gaps-model/ COLLEGE OF BUSINESS ADMINISTRATION 5 LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE COLLEGE OF BUSINESS ADMINISTRATION 6