Answer:
customer relationship process
Explanation:
customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.
Answer:
From the historical references, we can say that the two leading command economies of the world, China and the Soviet Union both made the transition to the mixed economy.
Explanation:
A command economy refers to the economic system where all significant facets of the economy and economic production are controlled by the Government. In the command economy, it is the government that makes the decision of what to produce, how to produce, and how to distribute the manufactured products and services within the economy. It establishes a very dominant government which restricts the rights of its citizen to seek economic goals. It inevitably creates an environment in which governments will expand their influence over certain aspects of human life. Most command economies, including the Soviet Union, started making the transition to a mixed economy from the 1980s onward. This entailed a privatization process and price deregulation.
It will result in an increase in average inventory as larger batches require more time to be completed.
<h3>What is Operations Management?</h3>
Operations management (OM) is the administration of business practices within an organization to achieve the highest level of efficiency possible. It is concerned with converting materials and labor as efficiently as possible into goods and services in order to maximize an organization's profit.
At its most basic, management is a discipline comprised of five general functions: planning, organizing, staffing, leading, and controlling. These five functions are part of a larger set of practices and theories about how to be a good manager.
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Based on business strategy, the fastest-growing sales trend is <u>Social Selling</u> that involves the use of online, mobile, and social media to engage customers, build stronger customer relationships, and augment sales performance.
<h3>What is Social Selling?</h3>
<u>Social selling</u> is method business firms use to establish one-on-one relationships with their customers as one of the strategies to enhance their sales rates.
<h3>Examples of social selling techniques</h3>
- Sharing appropriate content
- Communicating directly with potential consumers
- Personal branding
- Social listening, etc.
Hence, in this case, it is concluded that the correct answer is "Social Selling."
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Answer:
~42
Explanation:
Ex. Company-paid health insurance is a major benefit sought out by many employees. If coverage for a family costs $15,000 per year and your employee is paid $40,000 per year, what percentage of their total compensation is the healthcare benefit?
SOLUTION:
$15,000 / ($15,000 + $40,000) = 0.272 x 100 = 27.2%
Problem: 20/20+28=0.416=41.6%