ZuoTi.Pro
Question

Question 4 The goal of CRM is to O All of the above Optimize the current and future value of customers O Maximize individual

Question 21 Which is the correct order in the data-mining process? Define business objectives, identify relevant variables, g
business   Operations-Management   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Answer 4) The main aim of CRM is to get to know the customer as well as possible, which can help a company deliver better, more appropriate and higher added value to the customer. The goal is to optimize the current and future value of the customers for the company. It's a company-wide business strategy designed to improve revenues and profitability. These goals can be either short-term or long-term or both and they will differ.

Hence, option 1st is correct i.e ALL of the above

Answer 21) In data mining, data is analyzed from various as well as diverse perspectives and then summarized into useful information for decision making or any objective. Different analytical tools are currently being used for this purpose as a raw data. The data may be analyzed across different dimensions, which may be categorized in order to identify relationships among different variables.

Hence, option 2nd is correct

A thumbs up, pls !!

0 0
Add a comment
Know the answer?
Add Answer to:
Question 4 The goal of CRM is to O All of the above Optimize the current...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Question 4 1 pts Countries in the Southern Cone of South America, including Argentina, Brazil, Chile,...

    Question 4 1 pts Countries in the Southern Cone of South America, including Argentina, Brazil, Chile, and Uruguay, have begun a major transformation to advance their economic standing by manufacturing products as opposed to solely exporting resources to other parts of the world. For example, in Brazil, the government has privatized their mining business and created several companies to manufacture raw materials that are essential for the creation of infrastructure to support additional expansion. Furthermore, in Argentina, the government has...

  • Please help with these questions, Question 16 0.16 pts Rent seeking occurs when O resources are...

    Please help with these questions, Question 16 0.16 pts Rent seeking occurs when O resources are used to deregulate a market through the political process. resources are used to maximize profits. O resources are used to secure monopoly rights through the political process O two firms try to enter the same market. O landlords attempt to raise the rent on tenants Question 17 0.16 pts Use the following scenario to answer the following questions: Babak owns a sports practice facility...

  • Question 1 0.4 pts The overall role of an operations manager is to: Control quality Schedule...

    Question 1 0.4 pts The overall role of an operations manager is to: Control quality Schedule deliveries Collect and organize shipments Convert inputs (raw materials) into outputs (goods or services) Question 2 0.4 pts Swisher cigar factory makes little cigars and big cigars on the same machine. This is an example of using: CAD CAM CIM FMS Question 3 0.4 pts The software system that determines the steps needed to produce a component and instructs the machines that do the...

  • Background You are the co-owner of a company that sells commercial 3D printers and printing parts...

    Background You are the co-owner of a company that sells commercial 3D printers and printing parts. Your company has 10 employees and revenues of almost $40 million dollars a year. Increasingly, customers have been asking that you allow bitcoin as a payment method. Some of these customers are overseas. While you know that some of your competitors use it, all you know about it is what you’ve read in the news: that’s its popular, volatile, potentially low cost, and may...

  • 1.what is the fundamental of knowledge management cycle or process? 2. what is knowledge cycle? 3....

    1.what is the fundamental of knowledge management cycle or process? 2. what is knowledge cycle? 3. what is intellectual capital and three dimension of intellectual capital? 4. what is human capital? discusion with example 5. what is knowledge sharing and organization learning? 6. what is organization culture? 7. cultural impact of knowledge sharing? 8. what is data mining? 9. what is knowledge discover? UNIVERSAL Chapter 1 Knowledge Management Overview UBSS SCHOOL SYDNEY Introduction to Knowledge Management (KM) In a knowledge...

  • QUESTION: This list of 75 KPIs every manager needs to know is also listed in your...

    QUESTION: This list of 75 KPIs every manager needs to know is also listed in your text on pages 264-265. After reviewing this list and the required resources for this module, consider which indicators would be most important for an industry of your choosing. Provide background information on the industry you chose, and why you think the KPIs you chose are important. Support your list with resources. Read Below!!!! Reference: Key Performance Indicators (KPIs) should be the vital navigation instruments...

  • Create a lesson plan from the following: CHAPTER 3 Learning and HRD 67 Learning is a...

    Create a lesson plan from the following: CHAPTER 3 Learning and HRD 67 Learning is a vital aspect of all HRD efforts. Whether you are training a carpenter's apprentice to use a specialized power tool, conducting a workshop o teach managers how to use discipline more effectively, trying to get meat- packers to understand and follow new safety procedures, or promoting career levelopment among your employees, your goal is to change behavion, knowl- es throwgh eaming. Supervisors and HRD professionals...

  • Introduction: A manufacturing company that possesses many complexities can be highly challenged when maintaining production goals...

    Introduction: A manufacturing company that possesses many complexities can be highly challenged when maintaining production goals and standards in conjunction with a major organizational change. Garment manufacturing is a complex industry for many reasons. The product line is a complex array of styles, seasons, varying life cycles and multidimensional sizing. Many sewn product firms are viewing TQM as the appropriate strategy to meet the double demand of competition and quality; however, many companies are finding sustaining their TQM adoption decision...

  • Case study Company Case Campbell Soup Company: Watching What You Eat You might think that a well-known, veteran consumer products company like the Campbell Soup Company has it made. After all, when pe...

    Case study Company Case Campbell Soup Company: Watching What You Eat You might think that a well-known, veteran consumer products company like the Campbell Soup Company has it made. After all, when people think of soup, they think of Campbell’s. In the $5 billion U.S. soup market, Campbell dominates with a 44 percent share. Selling products under such an iconic brand name should be a snap. But if you ask Denise Morrison, CEO of Campbell, she’ll tell you a different...

  • Starbucks after Schultz This activity is important because, as a manager, you must be able to...

    Starbucks after Schultz This activity is important because, as a manager, you must be able to identify your company’s core competency and select an appropriate business-level strategy to optimize its competitive value. The goal of this exercise is to demonstrate your understanding of core competency and business-level strategies by applying these concepts to Starbucks’ recent experience in identifying and regaining its competitive advantage. Read the case below and answer the questions that follow. Case Inspired by Italian coffee bars, Starbucks...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT