1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
leonid [27]
3 years ago
5

Customer relationship management (crm) helps firms gain and maintain competitive advantage by:

Business
1 answer:
harina [27]3 years ago
3 0
<span>Customer relationship management (CRM) software is designed to help organizations increase customer loyalty, target their most profitable customers, and streamline customer communication processes. CRM helps firms gain and maintain a competitive advantage by: 1) segmenting markets based on demographic and behavioral characteristics. 2) tracking sales trends and advertising effectiveness by customer and market segment. 3) identifying which customers should be the focus of targeted marketing initiatives with predicted high customer response rates. 4) forecasting customer retention (and defection) rates and providing feedback as to why customers leave a company. 5) studying which goods and services are purchased together, leading to good ways to bundle them. 6) studying and predicting which Web characteristics are most attractive to customers and how the website might be improved.</span>
You might be interested in
For each item listed below, indicate the effect on net income in arriving at cash flows from operations by choosing one of the f
Liono4ka [1.6K]
1 2 5 são números par thank from e escreva-se
6 0
3 years ago
Junkman Autos uses a separate checking account to pay their employees. The gross pay for the period was $1,000. However, after d
STALIN [3.7K]

Answer:

journal entry are given below

Explanation:

given data

gross pay for the period = $1,000

net pay for the period =  $820

to find out

journal entry to record the issuance of payroll checks

solution

journal entry are as

Account Name                       Debit                      Credit

Labor Expenses                        $1000

payroll taxes Payable                                                  $820

Net Payroll Payable                                                     $180

( $1000 - $820 )

6 0
3 years ago
Arturo is a pipeline welder at the midamerican energy company. recently, he had to make a decision about which torch to order fo
mylen [45]

Answer:

they are dependent on situational probabilities

Explanation:

Arturo's decision about which torch to purchase is being made under conditions of ambiguity , because: they are dependent on other factors.

The decision making is not certainty because his decision on which torch to buy is dependent on probabilities neither is it uncertain because we have information on probabilities of what the outcome might be.

Hence the decision making is ambiguous because it is between certain and uncertain and its outcome is dependent on the probabilities of having a discount or not.

5 0
3 years ago
Read 2 more answers
C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to
jekas [21]

Answer:

Explanation:

C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)

6 0
2 years ago
Each month’s ending inventory of finished units should be 60% of the next month’s sales. The April 30 finished goods inventory i
xeze [42]

Answer:

230

Explanation:

Calculation for Champ’s budgeted production (in units) for May

CHAMP INC.

Production Budget For month ended May 31

Sales during the month 230

Less: Opening Stock (138)

(60%*230)

Sales units required to produce in May 92

(230-128)

Sales during June 230

Add: Closing stock of May 138

(230*60%)

Budgeted production (in units) for May: 230 (138+92)

Therefore Champ’s budgeted production (in units) for May will be 230

8 0
3 years ago
Other questions:
  • Paige Company estimates that unit sales will be 10,300 in quarter 1, 12,600 in quarter 2, 14,600 in quarter 3, and 18,800 in qua
    9·2 answers
  • Rene is the manager at an event and catering company. He has just received a request for proposal (RFP) for managing the City Ar
    6·1 answer
  • The process of increasing an information stream's redundancy to overcome noise is called
    12·1 answer
  • GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermed
    13·2 answers
  • When previously declared cash dividends on common stock are paid which account would the corporation debit?
    6·1 answer
  • Partial balance sheets and additional information are listed below for Funk Company. Funk Company Partial Balance Sheets as of D
    15·1 answer
  • Which of these individuals is classified as unemployed? ( pick more then 1 )
    11·2 answers
  • A negative oil price shock: It is common to blame some of the poor macroeconomic per- formance of the 1970s on the rise in oil p
    5·1 answer
  • The name of the budget that plans for how the business will run until it becomes self-sustaining, I.e. until it begins to make
    9·1 answer
  • How is everyones day? Make sure you haven eaten or drank something!
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!