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
I am Lyosha [343]
3 years ago
12

Using advances in technology to maintain databases of customer information is more important for firms involved in mass marketin

g than it is for those firms using relationship marketing.
True/False
Business
1 answer:
astraxan [27]3 years ago
4 0

Answer:

The statement is: False.

Explanation:

The difference between mass marketing and relationship marketing is that the first is used to attract large numbers of customers with a product that is not necessarily tailor-made for them. On the other hand, relationship marketing provides consumers with a good or service that matches their needs. Companies implementing this approach are likely to keep customers' information in a database to evaluate changes over time and to adapt to them.

Thus, maintaining databases thanks to the advance of technology is likely more useful for firms using relationship marketing.

You might be interested in
The primary responsibility for establishing and maintaining internal control rests with
Ivanshal [37]

Answer:

D

Explanation:

Management is responsible for establishing and maintaining internal control to achieve the objectives of effective and efficient operations, reliable financial reporting, and compliance with applicable laws and regulations.

5 0
2 years ago
Read 2 more answers
The slope of the budget line represents the rate at which the consumer is willing to trade one good for another at any given bun
Softa [21]

Answer:

False

Explanation:

The slope of the budget line is the ratio of the prices of that bundle of goods. It represents the price at which a consumer would be willing to substitute one good for the other in the same bundle of goods.

I hope my answer helps you

7 0
3 years ago
Worldwide​ Wholesalers, Inc. has decided that instead of having its employees manage its raw materials​ inventory, it will pay i
Anastasy [175]

Answer:

Worldwide​ Wholesalers, Inc. has decided that instead of having its employees manage its raw materials​ inventory, it will pay its suppliers to store and deliver the products as needed. What action has Worldwide​ taken?

A.  Operations control

B.  Outsourcing

C.  ​Value-added analysis

D.  Business process re-engineering

E.  Quality control

Answer: B

Explanation:

Outsourcing is the business practice of contracting a gathering outside an organization to perform benefits and make products that generally were acted in-house by the organization's own workers and staff. Outsourcing is a training for the most part attempted by organizations as a cost-cutting measure. In that capacity, it can influence a wide scope of employments, going from client care to assembling to the back office. Outsourcing can assist organizations with decreasing work costs fundamentally. At the point when an organization utilizes outsourcing, it enrolls the assistance of outside associations not partnered with the organization to finish certain errands. The outside associations normally set up various remuneration structures with their representatives than the outsourcing organization, empowering them to finish the work for less cash. This at last empowers the organization that decided to redistribute to bring down its work costs.

5 0
3 years ago
3. Why would the sale of counterfeit products through its sites be damaging to Alibaba?
timurjin [86]

Reputation.

If a company has a bad reputation of allowing the sale of counterfeit goods, buyers will not trust the site and will not buy from it.

3 0
3 years ago
Read 2 more answers
Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
Karolina [17]

Answer:

Letter A is correct. <u>Fostering competition.</u>

Explanation:

In this case, it is correct to say that small businesses are fostering competition.

Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.

Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.

4 0
2 years ago
Other questions:
  • The ________ oversees the coast guard, the u.s. immigration and customs enforcement, the u.s. secret service, and the federal em
    6·1 answer
  • In the 2000s, Venezuelan President Hugo Chàvez instituted economic policies that caused smuggling and hoarding of food. What did
    9·2 answers
  • Which of the following is true of innovation? a. Innovations are less likely to come from small businesses than from big busines
    13·1 answer
  • A problem is listed below. Identify its type. Ted owns a small florist shop. Since his business is booming, his realizes he will
    9·1 answer
  • A producer with only one product has total fixed costs of $15,000 per month. In addition, it cost the producer $100 in variable
    12·2 answers
  • Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Liabilities of $101.255 million Cash of $8.040 mil
    13·1 answer
  • if shelly is selling seashells at $5.00 a piece which costs her $2.00 and all of her expenses for running her business are $300
    11·1 answer
  • PERSONAL FINANCE QUESTION PLS HELP
    7·1 answer
  • Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 11%
    11·1 answer
  • ________ provide(s) a methodology and tools for dealing with the organization's ongoing need to revise and optimize its numerous
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!