Risk expert Clifford Rossi at the University of Maryland’s Robert H. Smith School of Business is available to discuss the factors and implications of Citi’s Q4 decline in net profits by more than 21% from a year ago, as the bank sets aside more…
Tag: Profits
Good customer service can lead to higher profits, even for utilities without competition
New research finds that satisfied customers mean increased profits even for public utilities that don’t face competition. Professors found that customer satisfaction does not lead to increased profits via higher rates or greater demand suggests current regulatory controls are effective. Their findings suggest regulators should view investments in customer satisfaction as recoverable costs.