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soldier1979 [14.2K]
3 years ago
5

A key element of customer relationship management is to: keep the price of goods as low as possible. develop a strategy to achie

ve the largest possible market share. allow customers to participate in the management decisions of the firm. learn as much as possible about customers.
Business
2 answers:
Murljashka [212]3 years ago
5 0
I thinkI think the correct answer is to learn<span> as much as possible about customers.

Being good in the business needs to know more about the market of the product. Creating products and services that would satisfy the customers can make the business successful in its endeavors.
</span>
antiseptic1488 [7]3 years ago
5 0

Answer:

learn as much as possible about customers.

Explanation:

Customer Relationship Management (CRM) allows companies to manage their business relationship with their clients, and the information associated with customer life-cycle (sales trends, preferences, etc.). The ultimate goal of CRM is to improve customer service, increase sales and also increase customer retention (customer loyalty).

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The pursuit and accumulation of wealth is a core feature of the modern world. Yet throughout history man has expressed criticism
Scilla [17]

Answer:

As discussed below.

Explanation:

  • The pursuit and accumulation of wealth is no doubt a core feature of the modern world, as man does business for-profit motives and the formation of certain organizations and companies like the global, international, transnational and multinationals.  
  • Thus has also been criticized as each and every investment has various risks associated with it.  
  • The fact there exists some cautions and concerns about the accumulation of private property, privately owned lands and the space that they gather for the single individual as the case of various frauds and fugitives openly roaming in the market causing loss or dissolution of a financial asset of the government.
4 0
3 years ago
What is it called when banks record which account gives up money and which account receives money when a customer writes a check
swat32

Answer:

Check Clearing

Explanation:

The process by which bank records which account gives up money is called check clearing. Check clearing is the process by which banks record whose account gives up money and whose account receives money when a customer writes a check. A bank holding company is a company that owns multiple banks.

4 0
3 years ago
Vince’s Vehicle Repairs has a gross profit margin of 60% and a net profit margin of 22%. Turnover was £180000. Calculate:
sammy [17]

Answer:

Vince's Vehicle Repairs

The Cost of Sales is:

= $72,000.

Explanation:

a) Data and Calculations:

Turnover = $180,000

Gross profit margin = 60%

Net profit margin = 22%

Gross profit margin = Gross profit/Turnover * 100

60% = Gross Profit/$180,000 * 100

Therefore, the Gross Profit = $180,000 * 60%

Gross Profit = $108,000

Cost of sales = Turnover - Gross profit (100% - 60%)

Cost of sales = $180,000 - $108,000

= $72,000

Alternatively, Cost of Sales:

= $180,000 * (100% - 60%)

= $72,000

5 0
3 years ago
Which abbreviation correctly replaces the underlined word? this year the family reunion will be in november in cleveland.
Brums [2.3K]
The answer is:  [A]:  " Nov. "
________________________________________________________
4 0
3 years ago
Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plasti
aev [14]

Answer:

P= 18

Explanation:

Giving the following information:

Fixed costs= 2,500,000 + 300,000= 2,800,000

Variable costs= 10 per unit

Estimated demand= 100,000 units

Break-even point= fixed costs/(P - variable cost)

100,000= 2800000/(P - 10)

100000*(P - 10)= 2,800,000

100000*P - 1,000,000= 2,800,000

100000P=1,800,000

P= 18

8 0
3 years ago
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