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
Rom4ik [11]
3 years ago
7

A basic CRM premise is that customers form relationships with companies as opposed to companies conducting individual transactio

ns with customers.
a. True
b. False
Business
1 answer:
Romashka-Z-Leto [24]3 years ago
4 0

Answer:

True.

Explanation:

In Business management, customer relationship management (CRM) can be defined as the basic combination of strategies, technologies, techniques and practices for the management and evaluation of customer interactions and informations with the company's past, current and potential customers, for the purpose of increasing sales, growth and improving customer satisfaction.

A basic customer relationship management (CRM) premise is that customers form relationships with companies as opposed to companies conducting individual transactions with customers. In order to build a mutual and strong customer relationships, it is very important and essential to create a communication medium. Companies shouldn't just engage in a one-sided business transactions with their customers, it is important and essential that they try to find out what the wants or basic needs of their customers is. Consequently, they would then be able to proffer a solution or inform them that they have a solution to meet the customer's wants or requirements.

<em>Hence, in order to build a seemingly and effective customer relationship management, companies should ensure they employ competent and professional managers who has a good listening ear and pays so much attention to details. </em>

You might be interested in
Students who live on campus and purchase a meal plan are randomly assigned to one of three dining halls: the Commons, Northeast,
Brut [27]

Answer:

What is the probability that the next student to purchase a meal plan will be assigned to the Commons?a. 0.33

Explanation:

P(A) = (No. of ways A can occur)/(Total no. of possible outcomes)

P=1/3

P=0,333

5 0
3 years ago
Read 2 more answers
"Dubas Co. is a U.S.-based MNC that has a subsidiary in Germany and another subsidiary in Austria. Both subsidiaries frequently
OverLord2011 [107]

Answer:

$525,000

Explanation:

The computation of the net inflow or outflow is shown below:

= Total outflow - total inflow

where,

Total outflow = ∈2,000,000 × $1.05 = $2,100,000

Total inflow =  ∈1,500,000 × $1.05 = $1,575,000

Now put these values to the above formula  

So, the value would equal to

= $2,100,000 - $1,575,000

= $525,000

This amount shows a net outflow as total outflow is greater than the total inflow.

3 0
3 years ago
PLEASE HELP I'M IN A BIG RUSH
UkoKoshka [18]

Answer:The answer is A

Explanation:The one that is not commonly contacted by Typical investors to purchase stocks or bonds are : REALTORS

The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment 

8 0
3 years ago
On January 1, 2021, Nana Company paid $100,000 for 6,200 shares of Papa Company common stock. The ownership in Papa Company is 1
anygoal [31]

Answer:

$372,000

Explanation:

The computation of the amount to be reported in the balance sheet is shown below:

= Number of shares of common stock × fair value of the Papa stock on that date per share

= 6,200 shares × $60

= $372,000

Since in the question it is given that the Nana company does not have significant influence over Papa Company which means that the net income, retained earning, dividend is not be considered.

Therefore, the investment should be reported at the fair value

6 0
3 years ago
Sally has been working really hard lately and asks her manager for a raise. Her manager tells her that she is already the highes
alukav5142 [94]

Answer:

C. hacking

Explanation:

Hacking is a term used to describe an unauthorized access to a computer data base for illegal purposes. It also means breaking into an organization's security data system either to corrupt data, steal information or disrupt certain activities.

Most hackers demand for monetary returns or cause collateral damage having gained unathourized access into an organization's data base.

There are several ways of hacking which includes;

Phising scam: An attempt to have access into a computer by making a user open an attachment or provide confidential information.

Malware attack: is a type of hacking attack which after being carried out, cripple activities of an entire organization including its business associate, government parastatals, customers etc in exchange for money.

Code break: This is where a secret software is installed to allow users hit a company' s data base through strings.

Organizations are beginning to expend money on their security systems by constantly updating them against any internal and external attack.

3 0
3 years ago
Other questions:
  • ou just won $80,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 9% pe
    5·1 answer
  • Corporation recently organized. The company issued common stock to an inventor in exchange for a patent with a market value of $
    5·1 answer
  • The declaration and payment of a dividend by a corporation causes: Select one:
    10·1 answer
  • 4. In the late 1990s and through 2000, the British public became increasingly concerned about " Mad Cow Disease," which could be
    12·1 answer
  • Anna decides to add new sales representatives and increase advertising to increase sales in her existing market for her current
    7·1 answer
  • Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses.
    5·1 answer
  • As we consider process improvement efforts, when we identify the needs and
    11·1 answer
  • For the year ended December 31, Depot Max's cost of goods sold was $56,900. Inventory at the beginning of the year was $6,540. E
    12·1 answer
  • Matt's factory rents equipment and hires students to produce sports bags. Compare the outputs at which Matt's AVC and ATC curves
    7·1 answer
  • How does the use of new technology in industry benefit producers more so than consumers?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!