Customer Relationship Management (match terms to correct descriptions): Group of answer choices Churn CRM SFA CIC
CRM
Customer Relationship Management is often abbreviated as CRM. It is the Customer Relations Management (CRM) tool that is used as an innovative approach that provides a detail data about the customer's needs and preferences, depending upon their age, gender and location, etc.
Churn is associated with customer churn rate that is the rate of customers who are no more associated with the Organization, SFA is the component of CRM that undertakes the auto-recording functions of the sales transactions while CIC stands for the Customer Interaction Center which is that central point from where various contacts pertaining to that of the customers are dealt with and managed. Therefore, SFA, Churn and CIC are the tools under a CRM Software. CRM is hence mother of all these tools.
Customer Relationship Management (match terms to correct descriptions): Group of answer choices Churn CRM SFA CIC
What are the risks of implementing a CRM (customer relationship management) system and how to Mitigate it?
Describe the framework for customer relationship management (CRM) that the internal staff of your company might develop and implement.
Which of the following descriptions of correlation is correct? Group of answer choices a) Correlation equals causation b) When we are looking at differences between two groups, we should use correlation c) Correlation can be analyzed with only one variable d) Correlation means there are some relationships between two variables
The advanced tracking abilities of social media platforms and Customer Relationship Management (CRM) software allow companies to gather more personal data about customers than ever before. Personal customer data can help companies deliver highly relevant advertising and offers to consumers, but there has been a large public backlash against this type of extensive data collection. What are the implications of this extensive collection of personal data? Are the benefits for companies worth the risks? Is this kind of personal data...
Match these terms w their descriptions A abity to panish management theories outlining inmate charactenstics possessed by social, paltical, and miltary leaders leadership C produces onder and consistencY relerent power Didentification with and king for a leader coercive power E associated with change and movement "Great Man
Match the following terms related to the human life cycle. Group of answer choices Haploid - Diploid- Gamete- Mitosis- Meiosis- Fertilization- Zygote- Crossing over- Synapsis- Somatic cells- Gonad cell- Karyotype- Matching choices a. ordered display of an organisms chromosomes. b. cell with pairs of homologous chromosomes, 2n c. division of nuclei, ending with two 2n cells d. fusing of egg and sperm e. non-sex cells f.pairing of homologous chromosomes during prophase I g. cell with a single set...
Consider the following statements regarding supplier relationship management: (1) Performance is evaluated with an eye toward improving or terminating the relationship. (2) Trust is established once the supplier fulfills the terms of the contract. Group of answer choices a Only statement (1) is correct. b Only statement (2) is correct. c Both statements are correct. d Neither statement is correct.
1.Variance analysis is important to the management because: Group of answer choices It helps management determine the reasons that actual costs varied from budgeted costs. It helps management determine which department operated most efficiently. It helps management determine the bottleneck of the production line. All of the answers are correct. 2. The Total Liabilities to Total Assets ratio helps lenders such as a bank to monitor a loan to prevent the borrower from Group of answer choices Investing more of...
Match the term to the correct description. Choices may only be used once. Group of answer choices [ Choose ] An inhibitor molecule binds to the active site. Part of an enzyme where the substrate binds to Protein molecules that function as biological catalysts An inhibitor molecule binds to an allosteric site and prevents the substrate from binding to the active site. A substance...
What role does a relationship play in negotiation? Group of answer choices The presence of a relationship requires us to use the competing/bargaining style (or strategy). The absence of a relationship requires us to use the collaborating style (or strategy). The presence of a relationship affects the choice of conflict handling style (or strategy) we should use. The presence of a relationship has no role in negotiation.