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Kay [80]
3 years ago
15

_____, a key feature of a customer relationship management (CRM) system, has the ability to capture and analyze all customer int

eractions, generate appropriate responses, and gather data to create and build effective and efficient marketing campaigns.
Business
1 answer:
stiv31 [10]3 years ago
4 0

Answer:

Contact management

Explanation:

Customer Relationship Management:

This is simply regarded as some known practices, strategies, and technologies used by companies so as to manage, record, and evaluate customer interactions. It is a tool used to increase sales growth by blessings or taking care of relationships within a company's customer base.

Customer life cycle

This simply shows the increasing steps a customer must pass through when considering, purchasing, using, and maintaining loyalty to a product

CRM captures, stores and analyzes customer data in real-time so the organization can improve processes that is of importance to customer satisfaction and thereafter support them. It helps in carrying out business strategy effectively.

By implementing a CRM system in a company successfully, a company can reduce costs and improve customer satisfaction. Focusing on customer's needs can helps with building of brand loyalty and market growth of the business.

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John Doe estimates that the price elasticity of demand for new SUVs to be 0.75. If the price of SUVs rose by 15%; would the quan
Sphinxa [80]
If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand (<1). This means that there is only a little change in demand when prices change. Elastic demand (>1) on the other hand has greater changes in demand when prices change; they have lots of substitutes.

So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can expect only 11.25% decrease in its demand. Still very small. This is because SUVs do not have many substitutes for it.

Formula: (x/15%)=0.75
Then simply solve for x -> x = (0.75)(0.15) = 11.25%
3 0
3 years ago
Shirley’s Hair Salon paid $1,000 toward a bank loan. How will this transaction impact the accounting equation?
sergey [27]

Answer:

liabilities decrease and owner's equity decrease

4 0
2 years ago
Colassard Industries has the following data available for preparation of its statement of cash flows: Sales revenue $385,800 Cos
ale4655 [162]

Answer:

<u>Cash flows from operating activities section</u>

Net Income before tax (385,800-203,100- 62,400-13,780-15,150)       91,370

Adjustment of Working Capital items :

Decrease in Accounts Receivable                                                           15,600

Increase in  Inventory                                                                                 (8,710)

Increase in Prepaid insurance                                                                  (1,550)

Increase in Accounts payable                                                                    3,680

Increase in Notes payable                                                                       40,000

Increase in Interest payable                                                                        1,240

Decrease in Wages payable                                                                    (6,700)

Net Cash flow from operating activities                                                134,940

Explanation:

The Indirect method of determining cash flows from operating activities adjust the net income against non-cash items included i income statement and working capital adjustments.

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5 0
3 years ago
History of Stock Exchange in India
fomenos

Answer:

The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.

Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.

They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.

The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.

5 0
3 years ago
A landowner validly conveyed a small office building to the green party "as long as they use it for operating quarters until the
hjlf

The green party and the gas monitoring organization should prevail because the land owner had willed that the property be given to them.

7 0
3 years ago
Read 2 more answers
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