Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
An Examination Of The Effectiveness Of Crisis Response Strategies For Repairing Competence And Integrity Violations, Yen Yi Sung, Han Joon Lee, Jong Chul Park
An Examination Of The Effectiveness Of Crisis Response Strategies For Repairing Competence And Integrity Violations, Yen Yi Sung, Han Joon Lee, Jong Chul Park
Asia Marketing Journal
Product-harm crises, which are connected to defective or dangerous products, are perceived as the most common threats to a company. Product harm crises can distort long standing favorable equality perceptions, tarnish a company`s reputation, cause major revenue and market-share losses, lead to costly product recalls, and devastate a carefully nurtured brand equity. However, in spite of the devastating impact of product-harm crises, little systematic research exists to asses its marketing consequences. So, the purpose of this study is to investigate how Koreans react to the crisis response in the aftermath of different crises(competence violation vs. integrity violation) and inspire additional …