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
uranmaximum [27]
3 years ago
5

The first step in the CRM process is analyzing data. creating a data warehouse. rewarding loyal customers. developing CRM progra

ms. implementing programs.
Business
1 answer:
uranmaximum [27]3 years ago
5 0

Answer:

Creating a data warehouse

Explanation:

Customer relationship management or CRM aims at creating and maintaining good customer relationships, providing better customer satisfaction so as to increase sales.

CRM focuses upon providing good customer support and customer feedback.

The primary step, in Customer Relationship management is creating a data warehouse. Data warehouse refers to a database from where extraction of customer details gets convenient.

Such database can be used for data analysis and reveals customer habits and past purchase trends.

You might be interested in
Cash interest is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will
sergeinik [125]

Answer:

Under the effective interest method, as a bond approaches maturity, the interest expense decreases while the amortization of the bond premium increases.

Explanation:

E.g. a company issues $800,000 in 8% bonds when the market rate is 7%, so the bonds price is $856,850 (semiannual coupons are paid).

Journal entry to record the issuance

Dr Cash 856,850

    Cr Bonds payable 800,000

   Cr Premium on bonds payable 56,850

amortization of bond premium on first coupon payment:

($856,850 x 3.5%) - ($800,000 x 4%) = $29,989.75 - $32,000 = -$2,010.25 ≈ -$2,010

Journal entry to record first coupon payment:

Dr Interest expense 29,990

Dr Premium on bonds payable 2,010

    Cr Cash 32,000

amortization of bond premium on second coupon payment:

($854,840 x 3.5%) - ($800,000 x 4%) = $29,919.40 - $32,000 = -$2,080.60 ≈ -$2,081

Journal entry to record second coupon payment:

Dr Interest expense 29,919

Dr Premium on bonds payable 2,081

    Cr Cash 32,000

7 0
3 years ago
It is argued that LIFO should not be allowed to compute net income because a. it does not match costs to revenues, especially wh
Bogdan [553]

Answer:

d. it causes profits to be understated when prices are rising and allows a company to dodge taxes.

Explanation:

The LIFO method should not be permitted to determine the net income as in this case the profits would be understated at the time when price is increased due to this it permits the company to dodge taxes as the inventory consumed in the production process also the high inventory value would be involved in the cost of sales that represent the high cost, this result in lower profits and taxes

Hence, the option d is correct

8 0
3 years ago
A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third yea
Montano1993 [528]

Answer:

$880.31

Explanation:

For computing the new price of the bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Assuming Future value = $1,000

Rate of interest = 8.6%  ÷ 2 = 4.3%

NPER = 8 years  × 2 =

PMT = $1,000 × 6.5% ÷ 2  = $32.5

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $880.31

5 0
3 years ago
Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on
olchik [2.2K]

Answer:

<u>True.</u>

Explanation:

This statement is true. In Kenya there is a system called M-PESA, which can be defined as a more developed payment system worldwide, this system acts as a tool that allows payments and purchases to be made via cell phone.

This system revolutionized the lives of the citizens of that region, due to the ease of being able to carry out commercial transactions and manage their money without needing a bank.

8 0
2 years ago
Balance sheet. Use the data from the following financial statements in the popup​ window. Complete the balance sheet. Hint: Find
Lana71 [14]

Answer:

57

Explanation:

im rich

5 0
3 years ago
Other questions:
  • Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing
    8·1 answer
  • Which of the following is not a type of savings account? A) money market savings B) savings bonds C) basic savings D) certificat
    14·2 answers
  • In case of an emergency, once you or someone already on the scene has contacted 9-1-1, the next thing to do is: A) Move them to
    15·1 answer
  • A consistent approach for IT risk management, effective management of IT risks,continuous evaluation of current IT risks and thr
    10·1 answer
  • Which of the following charitable contributions is not tax deductible?a. Cash donated to a qualified church.b. Clothing donated
    14·1 answer
  • ______________ give government the power to block certain mergers, and in some cases, to break up large firms into smaller ones.
    8·1 answer
  • Hexon Printing Company projected the following information for next year: Selling price per unit $80 Contribution margin per uni
    8·1 answer
  • When the economy is in a recession, expansionary fiscal policy can be used to stimulate and encourage economic growth. Which of
    15·1 answer
  • Who here plays 7ds grandcross
    12·1 answer
  • How do interest and fees impact your credit purchase
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!