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mrs_skeptik [129]
3 years ago
5

If you want to analyze customer data from your territory in an effort to identify new opportunities for sales growth, using ____

________ will help you discover new opportunities.
Business
1 answer:
weeeeeb [17]3 years ago
7 0

Answer:

<em><u>Customer Relationship Management.</u></em>

Explanation:

Customer relationship management is a strategic business tool that helps lower costs and increase revenue and build customer loyalty. It is a system whose focus is on customer experience optimization, it connects the entire team through one device, stores and manages current and potential customer information such as address, phone, email and all points of interaction with the company. Simplifies tasks for effective lead tracking, Provides instant recommendations. Customizes, and expands as your organization grows.

The benefits of the customer relationship management system are:

  • the optimization of processes and manual efforts,
  • the organization of contacts,
  • the acceleration of sales,
  • increased customer satisfaction,
  • error correction,
  • better customer service.

Managing customer interaction with the company is essential to strengthening the brand and creating a value relationship with the customer.

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Integrating the information streams produced by a firm into a single, coherent enterprise-wide set of data, and then using model
e-lub [12.9K]

Answer:

business intellingence (BI) and business analytics (BA)

Explanation:

Business intelligence is aetgof that is focused on the present profitability of the business. It uses past data to better improve current processes aimed at meeting the firm's present needs.

Business analytics on the other hand is the use of past data to predict future action that will best enable a firm meet its business objectives.

Therefore business intelligence and business analytics involves integrating the information streams produced by a firm into a single, coherent enterprise-wide set of data, and then using modeling, statistical analysis tools, and data mining tools to make sense out of all these data so that managers can make better decisions and better plans.

6 0
3 years ago
Kansas Enterprises purchased equipment for $60,000 on January 1, 2021. The equipment is expected to have a five-year service lif
Yuki888 [10]

Answer:

$11000

Explanation:

Depreciation is the reduction in the value of an asset over time due to regular wear and tear. Straight - line depreciation is where the same amount is reduced every year over the life of the asset. It is calculated as (Cost of asset - residual value) / number of useful life years

= ($60000 - $5000) / 5 = $11000

3 0
4 years ago
Sidewinder, Inc., has sales of $686,723, costs of $335,000, depreciation expense of $80,000, interest expense of $45,000, and a
algol13

Answer:

The addition to retained earnings is $95,751.

Explanation:

Addition to the retained earning is the net value of net earning of the year and dividend payment.

Net income

Sales                                                $686,723

Costs                                               (<u>$335,000)</u>

Gross income                                  $351,723

Depreciation Expense                   <u>($80,000)</u>

Income before interest and tax     $271,723

Interest Expense                            <u>($45,000)</u>

Income before tax                           $226,723

Tax 22%                                          <u>($49,879)</u>

Net Income                                      <u>$176,844</u>

Addition to Retained Earning = Net Income - Dividend Payment

Addition to Retained Earning = $176,844 - $81,093

Addition to Retained Earning = $95,751

8 0
3 years ago
Economic analysis is used only by policy makers to make policy decisions. only by business people to raise profits. only by inst
Free_Kalibri [48]

Answer:

The correct answer is: in all decision making.

Explanation:

Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.  

Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.

5 0
3 years ago
The continual process by which managers actively encourage, stimulate, and support employee commitment to the company, the compa
vekshin1

Answer:

Internet marketing

Explanation:

The internet marketing is the marketing technique where the company promotes its goods and services over the internet so that it become for consumers to check out the company products at their convenient time. Also it could be accessed via mobile phones, laptops and etc.

Here in the given situation, the continuous through which managers actively motivates and support the employees so this situation represent the internet marketing

5 0
3 years ago
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