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natima [27]
1 year ago
13

A key element of customer relationship management is to: Group of answer choices keep the price of goods as low as possible. dev

elop a strategy to achieve the largest possible market share. allow customers to participate in the management decisions of the firm. learn as much as possible about customers.\
Business
1 answer:
juin [17]1 year ago
3 0

A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.

  • A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.
  • CRM systems come in three basic categories: operational, analytical, and collaborative. Here's how to pick the best one to give your clients better conversational customer experiences.
  • Customer retention, loyalty, profitability, and satisfaction are the four pillars of customer relationship management.
  • A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. Simple is the aim: strengthen commercial ties. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

Thus this is the answer.

To learn more about CRM, refer:brainly.com/question/27993518

#SPJ4

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If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it
tatyana61 [14]

If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it produces, then Brazil should focus on producing coffee because it has a competitive edge in this area.

What does Brazil have a comparative advantage in?

  • Brazil is rich in minerals, especially iron ore, but it also has oil and other basic materials. Although technically speaking they are economic rents rather than comparative advantages, they nonetheless exist and the majority of other nations do not.
  • In terms of actual comparative advantage, it is the low-cost producer of a number of agricultural items, most notably sugar, where Brazil is unquestionably the global heavyweight, but also soy, cotton, coffee, and other crops, as well as beef, poultry, and other protein.
  • Brazil's issue is not its producing side. In general, they are effective producers. It relates to infrastructure. Usually, the top three producers of most commodities are the US and Brazil.

To know more about comparative advantage in Brazil visit:

brainly.com/question/13338612

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3 0
1 year ago
Starset, Inc., has a target debt-equity ratio of 1.15. Its WACC is 8.6 percent, and the tax rate is 21 percent.
aev [14]

Answer:

a. 4.94%

b. 11.48%

Explanation:

Here in this question, we are interested in calculating the pretax cost of debt and cost of equity.

We proceed as follows;

a. From the question;

The debt equity ratio = 1.15

since Equity = 1 ; Then

Total debt + Total equity = 1 + 1.15 = 2.15

Mathematically ;

WACC = Cost of equity x Weight of equity + Pretax Cost of debt x Weight of debt x (1-Tax rate)

Where WACC = 8.6%

Cost of equity = 14%

Weight of equity = 1/(total debt + total equity) = 1/(1+1.15) = 1/2.15

Pretax cost of debt = ?

Weight of debt = debt equity ratio/total cost of debt = 1.15/2.15

Tax rate = 21% = 0.21

Substituting these values, we have;

8.6% = 14% x 1/2.15 + Pretax cost of debt x 1.15/2.15 x (1-21%)

8.6% = 14% x 1/2.15 + Pretax cost of debt x 1.15/2.15 x (1-21%)

Pretax cost debt = (8.6%-6.511628%)/(1.15/2.15 x (1-21%))

Pretax cost of debt = 4.94%

b. WACC = Cost of equity x Weight of equity + After tax Cost of debt x Weight of debt

8.6% = Cost of equity x 1/2.15 + 6.1% x 1.15/2.15

Cost of equity = (8.6%-3.26279%)/(1/2.15)

Cost of equity = 11.48%

6 0
3 years ago
Neptune Company produces toys and other items for use in bthe following and resort areas. A small, inflatable toy has come onto
Sergeu [11.5K]

Break-even point (in dollar sales):

Determine the monthly break-even point for the new toy in dollar sales as shown below:

Break-even point (in sales dollars) = Break-even point (in units) × Selling price per unit

=50,115 units $2.60 each

= $130,299

Thus, the break-even point (in sales dollars) is $130, 299.

The break-even point is the point at which total costs equal total sales. In other words, there is no loss or profit for small businesses. This means that we have reached a stage of production where the cost of production equals the revenue of the product. A breakeven point is used in multiple areas of business and finance.

Learn more about the break-even point at

brainly.com/question/9212451

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8 0
1 year ago
A house sold for $950,000 with a sales commission rate of 7.5%. The listing brokerage received 50% of the total commission and t
aleksandrvk [35]

Answer:$14,250

Explanation:

The total commission recieved is

950,000 x 7.5% = $71,250

The listing brokerage and the selling brokerage both received 50% of that sum which is

71,250/2 = $35,625

The Sales person gets 40% of the Selling brokerage's cut which would be

35,625 x 40% = $14,250

8 0
3 years ago
29. Fiona has initiated a project to establish a company website for interactive electronic commerce that encourages customers t
vichka [17]

Answer:

D) Relationship marketing

Explanation:

Relationship marketing is a strategy companies use to connect with their customers, build relationships and ensure loyalty. It involves engaging customers over a lengthy period to know their needs and then providing them with products or services tailored to satisfy those needs.

By initiating a project to build a website and encouraging customers to provide certain information to the company, Fiona plans to use the Internet for "relationship marketing".

5 0
2 years ago
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