What is an example of an interest leading to a career choice?

A basic Customer Relationship Management premise is that: a. each individual customer is limited to a single sale. b. customers

klasskru [66]

A basic Customer Relationship Management premise is that (B) customers form relationships with companies as opposed to companies conducting individual transactions with customers.

A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.
The objective is straightforward: to strengthen business ties.
CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.
Expressing gratitude to customers once they make purchases.
If a customer buys a certain product, upsell or cross-sell to them.
sending a coupon along with a birthday greeting. giving a customer who hasn't bought anything recently a discount.

What is CRM and why is it important?

CRM enables organizations to establish a relationship with their clients, which fosters loyalty and client retention.
CRM is a management technique that boosts a company's profits since customer loyalty and revenue are two factors that influence a company's revenue.

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7 0

2 years ago

Beech Manufacturing makes expanded and is now making two products: Standard and Deluxe. Each Standard model takes 1.5 machine ho

Talja [164]

Answer:

Beech Manufacturing

The utilities flexible budget for July is:

= $1,225

Explanation:

a) Data and Calculations:

Utility rate per machine hour = $0.35

Standard Deluxe Total

Predicted production 1,100 770 1,870

Expected machine hours 1,650 3,080 4,730

Units produced 1,200 850 2,050

Standard machine hour/unit 1.5 2

Budgeted machine hours

(flexible budget) 1,800 1,700 3,500

Actual machine hours used 3,400

Utilities Static Budget = $1,655.50 (4,730 * $0.35)

Utilities Flexible Budget = $1,225 (3,500 * $0.35)

Utilities Actual Budget = $1,190 (3,400 * $0.35)

6 0

3 years ago

The reason for a(n) ____ inventory strategy is to minimize tying up large sums of money for long periods of time and, in additio

Sav [38]

The reason for a just-in-time inventory strategy is to minimize tying up large sums of money for long periods of time and, in addition, to reduce the cost associated with inventory management.

inventory management enables agencies to discover which and what kind of inventory to order at what time. It tracks stock from buy to the sale of products. The exercise identifies and responds to tendencies to ensure there may be constantly sufficient inventory to satisfy patron orders and the right caution of a shortage.

Discipline inventory management generally known as stock management is the feature of know-how of the stock mix of a corporation and the exclusive demands on that inventory.

The three maximum popular inventory management strategies are the frenzy method, the pull approach, and the simply-in-time technique. these techniques offer businesses distinct pathways to assembly consumers call for.

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5 0

1 year ago

Listed here are product costs for the production of soccer balls.

VikaD [51]

Answer:

(a) as either fixed or variable

fixed

Coolants for machinery

Annual flat fee paid for factory security

Machinery depreciation (straight-line)

Taxes on factory

variable

Lace to hold leather together

Wages of assembly workers

Leather covers for soccer balls

(b) as either direct or indirect

direct

Lace to hold leather together

Wages of assembly workers

Leather covers for soccer balls

indirect

Coolants for machinery

Annual flat fee paid for factory security

Machinery depreciation (straight-line)

Taxes on factory

Explanation:

Fixed Costs are constant for any production level. Variable Costs vary directly with production.

Direct Costs are easily traced to the product manufactured. Indirect costs are not easily traced and they need to be allocated to Products manufactured.

7 0

3 years ago

What will happen in the bond market if the government imposes a limit on the amount of daily transactions? Which characteristic

arlik [135]

In the bond market if the government imposes a limit on the amount of daily transactions, liquidity of bonds relative to other assets will decrease, increasing the interest rate and lowering bond's prices.

In the bond market various debt instruments are bought and sold by a variety of entities. In the bond market, corporations and governments issue bonds in order to raise debt capital to fund operations or seek growth opportunities.

If the government imposes a limit on the amount of daily transactions in the bond market, then bonds will become less liquid with respect to alternative assets, by also lowering bond's prices and increasing the interest rate.

Hence, bonds are issued by governments and corporations when they want to raise money.

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8 0

1 year ago