MINISTRY OF EDUCATION AND TRANNING UNIVERSITY OF ECONOMICS, HO CHI MINH CITY ------------ TRƢƠNG THỊ TUYẾT DUNG INFLUENTIAL FACTORS ON WORD OF MOUTH IN SERVICE INDUSTRIES (THE CASE OF HIGHER EDUCATION IN HOCHIMINH CITY, VIETNAM) MASTER THESIS IN BUSINESS ADMINISTRATION HO CHI MINH CITY – 2014 123doc MINISTRY OF EDUCATION AND TRANNING UNIVERSITY OF ECONOMICS HO CHI MINH CITY ------------ TRƢƠNG THỊ TUYẾT DUNG INFLUENTIAL FACTORS ON WORD OF MOUTH IN SERVICE INDUSTRIES (THE CASE OF HIGHER EDUCATION IN HOCHIMINH CITY, VIETNAM) Subject: Master of Business Administrator Code: 60.05 MASTER THESIS IN BUSINESS ADMINISTRATION SUPERVISOR: Dr. TRẦN HÀ MINH QUÂN HO CHI MINH CITY – 2014 123doc 1 ACKNOWLEDGEMENT I would like to express my great gratitude to my supervisor, Dr. Trần Hà Minh Quân, for his wonderful knowledge, patient and kind guidance throughout this research. I would like to thank all of my respected lecturers of the eMBA19 course for their efforts and dedication in training us.
I am appreciative my classmates for their kind support and encouragement. Finally, I would like to dedicate this study to my mom, my husband, and my sister, who always love and encourage me to pursue with my study. Ho Chi Minh City, January, 2014, Trương Thị Tuyết Dung 123doc 2 COMMITMENT I would like to commit that this thesis, “Influential factors on word of mouth in service industries (the case of higher education in Hochiminh city, Vietnam)”, was accomplished based on my independent and serious study and scientific research. The data was collected in reality and it has clear origins.
In addition to that, the data would be trust-worthily handled and it has never been released in any menu. Trương Thị Tuyết Dung 123doc 3 TABLE OF CONTENT ABSTRACT. Research methodology and research scope. Significances of the research.
Structure of the research. 12 CHAPTER 2 LITERATURE REVIEW. Higher education as a service. Word-of-Mouth (WOM).
Role of WOM in decision of consumers. Effectiveness of WOM. Development of research model and hypothesis. The perceived value.
Reference intention to enroll. Proposed conceptual model and hypotheses. 24 CHAPTER 3 RESEARCH METHODOLOGY. Measurement scales and questionnaire development.
Qualitative pilot study. Quantitative pilot study. Quantitative main study. Methods of data analysis.
Reliability assessment of measurement scales (Cronbach's alpha). Exploratory factor analysis (EFA). Confirmatory factor analysis (CFA) and SEM:. 36 CHAPTER 4 DATA ANALYSIS AND FINDINGS.
Descriptions of sample. Reliability and validity of the measurement scale. Exploratory factor analysis (EFA). EFA implementation for independent variables.
EFA implementation for dependent variable. EFA for Word of Mouth (WOM):. EFA for Reference Intention (INT): .3 Confirmatory Factor Analysis:. Adjust the research model and the hypotheses.
The adjusted research model. The adjusted research hypothesis. Testing the adjusted research model and the hypotheses. Testing the adjusted research model .2 Results of testing hypotheses.
57 CHAPTER 5 CONCLUSION AND IMPLICATION. Limitation and future research. 59 LIST OF REFERENCES. 71 APPENDIX 2 CRONBACH’S ALPHA ANALYSIS.
79 APPENDIX 3 EXPLORATORY FACTOR ANALYSIS (EFA). 82 APPENDIX 4 CFA , SEM RESULTS. 87 123doc 5 LIST OF TABLE Table 1.1: Definitions of Word-of-Mouth. Measurement scales of variables.
Demographic characteristics of the respondents. Cronbach‟s alpha of variables. KMO and Bartlett's Test. Total Variance Explained.
Rotated Component Matrix. EFA results of independent variables. EFA results of WOM variable. EFA results of Reference Intention Variable.
Decriptive statistics, factor loads and Cronbach‟s alpha coefficients. Results of testing hypothesis. Square multiple Correlations (R2) .13 Boostrap results with N = 500 .56 123doc 6 LIST OF FIGURE Figure 2. Proposed conceptual model of the research.
Standardized measurement model of variables. The adjusted research model. Initial Structure Model. Nonstandard regression of the modified structural model.
Standard regression of modified structural model .54 123doc 7 ABSTRACT This study aims to exam the factors effective in the formation of word-of- mouth about the services of higher education and their results among students in Ho Chi Minh City.