CRM frameworks coordinate and robotize client confronting forms in deals, advertising, and client benefit, giving an undertaking wide perspective of clients. Organizations can utilize this client learning when they cooperate with clients to furnish them with better administration or to offer new items and administrations. These frameworks likewise recognize productive or nonprofitable clients or chances to decrease the agitate rate. The significant client relationship administration programming bundles give capacities to both operational CRM and diagnostic CRM. They frequently incorporate modules for overseeing associations with offering accomplices and for worker relationship administration
Answer:
TRUE
Explanation:
Marginal Benefit is addition to total benefit due to a business decision.
Marginal Cost is addition to total cost due to a business decision.
Marginal Benefit & Marginal Costs are determinants while considering a business decision. A decision will be taken if : Marginal Benefit ≥ Marginal Cost, as entrepreneurial decision maker would be better off or at least neutral while taking decision. If MB < MC , it is loss making for the entrepreneur to take that decision & hence is discouraged to take that.
Answer:
2.77
the bus company should decrease price to increase revenues.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
percentage change in price = 1.21 / 0.99 - 1 = 0.222 = 22%
Percentage change in quantity demanded = 169 / 433 = -0.6097 = - 60.97%
Elasticity of demand = 60.97% / 22% = 2.77
Demand is elastic, so if price in reduced, there would be a rise in quantity demanded that would exceed the rise in price. This would increase revenues
True Because they have preperations for your tests
Answer:
The options are given below:
A. 4.3
B. 20
C. 23
D. 46
The answer is C. 23
Explanation:
In order to calculate this, we would need the following:
- Total number of people watching television in Houston households.
- Total number of people watch the show American Family in Houston households.
From the question above, we have:
- Number of households with televisions = 3,300,000
- Number of households watching the show= 759,000.
To calculate the rating, we have:
(759,000/3,300,000) X 100
0.23 X 100
= 23
