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
kramer
2 years ago
5

Imagine that you are the marketing manager of a hotel chain that wants to implement a customer reward and loyalty program. You r

esearch the firm Sabre Hospitality Solutions, which offers its services to global and boutique hotel chains to develop and execute these types of programs. Sabre Hospitality Solutions is a company that focuses on
customer relationship management
Business
1 answer:
Goryan [66]2 years ago
4 0

Answer:

customer relationship management

Explanation:

Customer relationship management (CRM) can be defined as the <u>combination of practices, strategies and technologies that companies use to manage and analyze customer interactions</u> with the goal of improving customer service relationships and assisting in <u>customer retention and driving sales</u>.

The desire to implement a customer reward and loyalty program in Sabre Hospitality Solutions has no other intention and purpose but <u>customer retention and improvement of sales.</u>

Hence, the loyalty implementation program is a customer relationship management strategy.

You might be interested in
Other things the same, when the interest rate rises, people would want to lend Group of answer choices less, making the quantity
Ahat [919]

When there are a shortage of loanable funds and the interest rate rises, the quantity required exceeds the amount supplied, and the interest rate rises.

<h3>What happens if the interest rate in the economy rises?</h3>

Businesses and individuals will cut down on spending as interest rates rise. Earnings will suffer as a result, as will stock values. Consumers and corporations, on the other hand, will boost spending when interest rates have decreased dramatically, leading stock values to climb.

The availability of loanable funds indicates that as the interest rate rises, the amount of savings accessible will rise as well.

As a result, anytime interest rates rise, the economy will see a sudden and unexpected surge in borrowing costs.

Learn more about interest rates:

brainly.com/question/4424897

#SPJ1

4 0
1 year ago
Elena works in the audit department of a practice as an audit administrator. She assists the audit teams by recording and proces
EleoNora [17]

Explanation:

I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner

4 0
3 years ago
What happens when a single seller market develops into a competitive market?
Luden [163]

Answer:

Introduce new or better products to existing markets. Continue development on your existing products, like your bestsellers, in order to renew your commitment to current customers to the best of your abilities. Through product development, you can expect to outperform competitors and keep your customers happy. Explore Partnership Opportunities

6 0
2 years ago
How are payroll taxes and user fees different?
fomenos
<span>Sometimes, a user fee is indeed a user fee. But other times it's not that at all; instead, it's a tax hike disguised by a misnomer.</span>
5 0
3 years ago
You have just turned 30 years​ old, have just received your​ MBA, and have accepted your first job. Now you must decide how much
igor_vitrenko [27]

Answer:

Find attached

Explanation:

The present value of $97,000 per year after retirement for 35 years is computed thus:

=-pv(rate,nper,pmt,fv)

rate is the plan rate of return of 6.5%

nper is 35 years(years after retirement)

pmt is the amount required per year

fv is not applicable is taken as zero

=-pv(6.5%,35,97000,0)=$1,327,634.80  

The amount needed in the account at retirement is the future value of the plan.

Regular yearly payment into the plan is =pmt

=pmt(rate,nper,-pv,fv)

=-pmt(6.5%,35,0,1327634.80)=$ 10,703.74

The percentage of income that must be contributed is found in the attached

Download xlsx
8 0
3 years ago
Other questions:
  • President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizatio
    6·1 answer
  • Rodriguez Corporation issues 13,000 shares of its common stock for $130,900 cash on February 20.Prepare journal entries to recor
    10·1 answer
  • Suppose that in the rice market demand shifts greatly due to a new rice diet that is being marketed heavily in the U.S. as a cur
    10·1 answer
  • Jung inc. owns a patent for which it paid $71 million. at the end of 2016, it had accumulated amortization on the patent of $16
    5·1 answer
  • Which phase describes the income effect
    6·1 answer
  • What is a common workflow error that can cause duplicate expenses in QuickBooks Online?
    14·1 answer
  • Review the powers of and limits to taxation in the United States. How does the constitution limit federal and state powers of ta
    11·1 answer
  • Which is NOT a reason for allocating internal costs to cost objects? a. To determine the amount to be reimbursed under a cost-re
    13·1 answer
  • The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week. Hamburger patties ar
    12·1 answer
  • a marketer must understand potential buyers’ needs and wants to be able to address and satisfy them. there are two key questions
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!