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a_sh-v [17]
3 years ago
10

"I don't know, but I'll find out" is a customer service example of…

Business
1 answer:
Elena-2011 [213]3 years ago
3 0

Answer:

C. losing a sale.

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

A salesperson can be defined as an individual or employee who is saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

A lost sale can be defined as a situation in which a salesperson or business firm looses a selling opportunity for a variety of reasons such as going out of stock, unavailability of a brand (product line), lack of product knowledge, etc.

This ultimately implies that, a process in which a salesperson looses a sales opportunity due to one reason or the other is referred to as losing a sale.

Hence, "I don't know, but I'll find out" is a customer service example of losing a sales because the customer (buyer) may not be patient enough to get the feedback while others might walk away immediately in search of the product or service elsewhere.

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What are the four basic assumptions of perfect competition? Explain in words what they imply for a perfectly competitive firm.
fredd [130]

Answer:

Perfect competition is a market situation by means of which no supplier can influence or determine the price of a good or service, as long as there is a multiplicity of suppliers who offer a homogeneous good, equivalent to that of the other suppliers. These goods, therefore, would not have differences between them (an example could be the fruit market), and therefore buyers could decide to buy from those sellers who offer the best prices. In this way, perfect competition would be generated between the bidders, who through their price would seek to attract buyers. For this type of competition (in theory, since in practice it is almost impossible) to occur, it requires a market without any type of barriers, with a product with the same characteristics, a high number of market players and abundant information about each of the products.

5 0
3 years ago
How did consumers weaken the economy in the late 1920s?
aliina [53]

Answer:

b. Consumers bought too many goods they could not afford.

Explanation:

In the 1920s consumption increased as mass production appeared, businesses began to offer credits to customers and people started buying things that they didn't need and that they couldn't afford. When the crisis began, people lost their jobs or their salaries were cut, consumption decrease drastically and they coudn't pay these credits.

8 0
4 years ago
Read 2 more answers
So, I’m currently doing my final questions for level 2 administration. I’m really stuck, so if anyone has any experience let me
nata0808 [166]
<h2>hey</h2>

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4 0
3 years ago
The U.S. government funds the federal budget deficit by Group of answer choices borrowing from large private banks at favorable
otez555 [7]

The U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.

<h3>What is budget deficit?</h3>

Budget deficit is when the government expenditure is more that its revenue. Here, the expenses incurred are more that what comes in as income to the government.

Hence, the U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.

Learn more about budget deficit here: brainly.com/question/26010226

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4 0
2 years ago
In a small town of 100 people, there are 10 children under 16, 10 retired people, 60 people with full-time jobs, 3 people with p
weqwewe [10]

Answer:

C. 13.7

Explanation:

First, we look for the unemployees who seek and want a job

100 people

-10 U-16

-10 retired

-63 employeed

-  7 unemployeed but not seeking for job

10 unemployeed who wants and seeks for a job.

<em>unemployement rate: unemployes / labor force </em>

<u>where:</u>

labor force = employees + unemployees

10 + 63 = 73

unemployement rate = 10/73 = 0.136986 = 0.137

4 0
4 years ago
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