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____ [38]
3 years ago
9

New Seasons Market, a locally owned and operated one-stop grocery store based in Portland, Oregon is committed to providing loca

l products for its particular customer base. New Seasons strives to deepen customer trust and loyalty by keeping a close and regular connection with customers in a quest to better understand the customer's needs and desires. New Seasons Market is creating a model for:
a. form utility
b. customer relationship management.
c. relationship marketing.
d. customer research management
e. market segmentation.
Business
1 answer:
Jet001 [13]3 years ago
4 0

Answer: (B) Customer relationship management

Explanation:

The CRM is stand for the customer relationship management and it is basically refers to the various types of strategies and the technology that the organization used for analyses the data and also helps in managing the customer relationship.  

The main aim of the customer relationship management is that it helps in improving the relationship of the customer and also manage the business data more efficiently.

The CRM purpose is that it also helps in improve the satisfaction of the customer and also manage the customer services. Therefore, Option (B) is correct.

You might be interested in
Stealth bank holds deposits of $200 million. It holds reserves of $15 million. It has purchased government bonds worth $75 milli
tiny-mole [99]

Answer:

$220 million

Explanation:

Stealth bank total value of liabilities will be:

Reserves $15 million

Government bonds purchased $75 million

Market value (loan) $130 million

Value of bank liabilities $220 million

4 0
3 years ago
Two eastern European countries formed a free trade agreement. As a result, one of the countries that used to produce its own pla
Aleonysh [2.5K]

Answer:

Trade creation

Explanation:

Trade creation is the process where there is increase in economics welfare as a result of joining a free trade area for example a customs Union.

Consumption experiences a shift from high cost producers to low cost producers causing expansion in trade.

In the given instance due to formation of free trade agreement, high cost plastic production is now replaced with low cost import of plastics from the other company.

There is a shift from high cost producers to low cost producers as a result of trade agreement between the two nations.

3 0
3 years ago
In the New Economy, people are most rewarded through education and intellectual growth when they spend years studying a broad ar
aliya0001 [1]

Answer:

False

Explanation:

The formal education setting has not been changing at the same rate with the daily changes in <em>business</em>, <em>technology</em> and other <em>socio-economic </em>elements.Therefore people who spend years studying a broad array of subjects in formal educational settings are less likely to be rewarded through education and intellectual growth.

7 0
3 years ago
Japan Company produces lamps that require 3 standard hours per unit at a standard hourly rate of $12.00 per hour. Production of
coldgirl [10]

Answer:

(a) rate variance = $ 5,234, Adverse

(b) time variance = $ 6,360, Favourable

(c) total cost variance = $1,126, Favourable

Explanation:

(a) rate variance,

rate variance = (Standard Rate - Actual Rate) × Actual Hours

                      =( $12.00- $12.20) × 26,170 hours

                      = $ 5,234, Adverse

(b) time variance, and

time variance = (Standard Hours - Actual Hours) × Standard Rate

                       = (26,700 hours - 26,170 hours) ×  $12.00

                     = $ 6,360, Favourable

(c) total cost variance

total cost variance = rate variance + time variance

                               = $ 5,234, Adverse + $ 6,360, Favourable

                               = $1,126, Favourable

4 0
3 years ago
Which pattern of consumption is recommended to reduce humanity's global footprint? Buying goods from firms that always seek to m
tino4ka555 [31]

Answer:

The correct answer is letter "B": Choosing less harmful products.

Explanation:

Everyday companies are growing consciousness on the type of products the human being uses to satisfy basic needs or simply perform routine duties. Though, many of those the items used can cause harm to the environment. <em>Mothballs, oven cleaners, furniture polish and stain, and toilet bowl cleaners</em> are examples of those items that can put individuals and eventually societies at risk.  

<em>By choosing less harmful products like the mentioned above and choosing alternative solutions to cover common activities, humanity's global footprint will be reduced.</em>

5 0
3 years ago
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