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dlinn [17]
3 years ago
9

Which of the following statements is true of customer relationship management? A. It is most extensively used by production-orie

nted firms. B. It involves linking all processes of a company from its customers through its suppliers. C. It tries to convince potential customers to buy, even if the seller knows that the customer and the product are mismatched. D. It is used more by sales-oriented firms than market-oriented firms.
Business
1 answer:
anastassius [24]3 years ago
7 0

Answer:

The correct answer is letter "B": It involves linking all processes of a company from its customers through its suppliers.

Explanation:

Customer Relationship Management or CRM is the approach of analyzing customers' behaviors and purchasing trends to adapt the company production to that pattern. CRM focuses on improving the interaction between firms and their customers. The main purpose of CRM is increasing an organization's revenues.

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An investors primary goal is to make money. More specifically, money that is greater than the sum amount initially invested.
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yuradex [85]

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<em>brainly.com/question/15837848</em>

3 0
2 years ago
Althea, black, has been a deejay for a local Christian music station for several years. The station got a new general manager an
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Answer and explanation:

Althea is covered by the Equal Employment Opportunity Commission (<em>EEOC</em>). The EEOC is an agency of the federal government of the United States that enforces federal laws regarding discrimination of <em>race, sex, age, religion, ethnicity, national origin or impairment</em>. Althea was fired with the excuse that it is not "appropriate" for an African American deejay to play music on a white Christian music station. This is reason enough to sue the radio station for discrimination.

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3 years ago
If a consumer is waiting to buy a sweater he or she found at a department store until after the holiday season, which factor is
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Last month, sellers of good Y took in $100 in total revenue on sales of 50 units of good Y. This month sellers of good Y raised
nekit [7.7K]

Answer:

Option c = They are Substitutes and have cross price elasticity of 1.67

Explanation:

Cross-Price Elasticity = <u>%change in Quantity demanded of  good X</u>

                                      %change in Price of good Y

% change in Quantity Demanded of good X = <u>Q2-Q1  </u> × 100

                                                                            (<u>Q1+Q2)</u>

                                                                                2

% change in Quantity Demanded of good X =<u> 40-20 </u> ×100

                                                                            <u>(20+40)</u>

                                                                                 2

% change in Quantity Demanded of good X = 66.67%

% change in price of good Y = <u>P2-P1</u> × 100

                                                  <u> ( P1+P2)</u>

                                                       2

Last month Total Revenue = $100

Total Units = 50

Last month Price / unit = 100/50 = $2

This Total Revenue $120

Total units 40

This monthPrice / unit = 120/40 = $3

% change in price of good Y=<u> 3 - 2     </u>× 100

                                                    <u>3+2</u>

                                                      2

% change in price of good Y =<u> 1   </u>× 100

                                                  2.5

% change in price of good Y = 40%

Cross-Price Elasticity =<u> 66.67</u>

                                        40

Cross- Price Elasticity = 1.67

Since its greater than 1 its Cross price elasticity of Substitute

also as the price of good y increased from $2 to $3 the quantity demanded of good x increased although its price remained constant which indicates its a substitute good as  people preferred buying good x instead of good y

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