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leonid [27]
4 years ago
5

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

Business
1 answer:
harina [27]4 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>
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Betty, a project manager, sent out agendas before an upcoming meeting to everyone involved. During the meeting, she got a team m
steposvetlana [31]

Answer:

Check: Review the test, analyze the results, and identify what you’ve learned.

Explanation:

The four phases are:

Plan: identify and analyze the problem or opportunity, develop hypotheses about what the issues may be, and decide which one to test.

Do: test the potential solution, ideally on a small scale, and measure the results.

Check/Study: study the result, measure effectiveness, and decide whether the hypothesis is supported or not.

Act: if the solution was successful, implement it

5 0
3 years ago
What is the recommended compression rate for high-quality cpr
fgiga [73]

Answer:

Compression rate of 100-120/min

Explanation:

High-quality CPR performance metrics include:

Chest compression fraction >80%

Compression rate of 100-120/min

Compression depth of at least 50 mm (2 inches) in adults and at least 1/3 the AP dimension of the chest in infants and children

No excessive ventilation

6 0
3 years ago
Read 2 more answers
erry, a partner in the JSK partnership, begins the year on January 1, 2011 with a capital balance of $20,000. The JSK partnershi
Ludmilka [50]

Answer:

Check the explanation

Explanation:

The amount of interest<u><em> (Which is calculated as a fraction or percentage of a loan (or savings) balance that is being paid to the borrower on a periodic basis for the privilege of making use of their money. The sum is typically quoted as an annual rate, but the interest can be calculated for some periods that are longer or shorter than one year.)</em></u> that will be attributed to Jerry for the year 2011 which is supposed to point toward his profit distribution for the year can be seen I the attached image below.

3 0
3 years ago
Besides not being required, why do you think a company would choose to report or not report a gross profit line? Why do you thin
aleksley [76]

Answer:

Gross profit = net sales revenue - cost of goods sold. But what happens when your company doesn't sell any goods, specially if they only sell services and it is impossible to determine the COGS.

This is basically an accounting issue since the <u>IRS</u> defines COGS as:

  1. <em>The cost of products or raw materials, including freight  </em>
  2. <em>Storage </em>
  3. <em>Direct labor costs (including contributions to pensions or annuity plans) for workers who produce the products </em>
  4. <em>Factory overhead the cost of inventory items sold </em>

So if your company doesn't sell any items from inventory, the IRS will not consider that your company incurred in COGS.

Reporting COGS is very useful for deducting business expenses, but it is not mandatory. Also, any expenses deducted as COGS cannot be deducted again as any other type of cost. So it is simply an accounting practice that helps certain industries to report their business expenses more clearly and in an orderly manner. But if it is too complicated to determine your company's COGS, then you can report your expenses in other ways and reduce your problems.

8 0
4 years ago
The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ___
gayaneshka [121]
Benefits is the correct answer
3 0
3 years ago
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