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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.

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Each parcel of land in a new development is selling for $15,000 and the total project revenue is estimated to be $5,000,000. The
USPshnik [31]

Answer:

The release price for each parcel is $13,215.

Explanation:

Release price for each parcel = [3500000/(5000000*80%)]*15000

                                                  = $13,215

Therefore, The release price for each parcel is $13,215.

5 0
2 years ago
In making an overall assessment of a company's competitive strength, the answer to which questions are of particular interest?
user100 [1]
<span>To find overall assessment of company's strength below steps are followed: 1. Evaluating how well the strategy is working 2. Scanning the environment to determine a company's best and most profitable customers 3. Assessing whether the company's costs and prices are competitive 3. Evaluating whether the company is competitively stronger or weaker than key rivals 5. Pinpointing what strategic issues and problems merit front-burner management attention</span>
7 0
2 years ago
Sparkle Metallurgy, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (
user100 [1]

Answer:

B.40,000 square feet

Explanation:

Calculation to correctly denotes the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated

Employees Human Resources 4,000

Machining 15,000

Assembly 21,000

Number of square feet 40,000

(4,000+15,000+21,000)

Therefore the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated is 40,000

3 0
2 years ago
Which statement is true about the retail inventory method? Group of answer choices It may not be used to estimate inventories fo
mr_godi [17]

Answer:

The answer is: There are different versions of the retail inventory method.

Explanation:

There are several types of retail inventory method:

  1. the conventional (lower of average cost or market) method,
  2. the cost method
  3. the LIFO retail method
  4. the dollar value LIFO retail method

The retail inventory method is very useful for large retailers (e.g. grocery stores, hypermarkets, etc.). Its greatest advantage is that the inventory balance can be calculated without a physical count.

5 0
2 years ago
Aside from low-cost strategy, describe other methods that businesses can use to differentiate their products.
Anettt [7]

Aside from low cost strategy, there are more other methods that will help business in differentiating their products.

<span>·         </span>Exploring new markets – This where the market concentrates on their fellow contenders.

<span>·         </span>Partnership with other firms – It is a way of teaming up with other organizations which will be of benefit for the products that is being sold by the company.

<span>·         </span>Innovation – It is a way of asking higher price compared to other companies when new features of the product is being added as consumers will most likely want to buy something new and fresh.

<span>·         </span>Propose amplified provision – Different services are being applied for the sake of consumers so that more consumers will be attracted to the product.

8 0
2 years ago
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