1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena55 [62]
3 years ago
15

(CRM) system uses customer contact information for targeted _____. a. management b. inventory control c. marketing d. budgeting

Business
1 answer:
kobusy [5.1K]3 years ago
5 0

Answer:

c. marketing

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

This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving customer service, sales support, marketing communications, and technical assistance, so as to bring satisfaction to the customers and increase sales for the company.

Typically, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Hence, CRM system uses customer contact information for targeted marketing such as sending weekly letters, promotional messages, survey, etc.

You might be interested in
A woman went to the Beneficial Loan Company and borrowed $10,000. She must pay $323.53 at the end of each month for the next 60
Alisiya [41]

Answer:

The Interest rate is 2%

Explanation:

The formula for computing the rate is as using the excel:

=Rate(nper,Pmt,pv,fv,type)

where

nper is number of years which is 60 months

PMT is monthly payment which is $323.53

PV is Present value which is -$10,000

FV is Future value which is $0

Type is also 0

So, putting the values above:

=Rate(60,323.53,-10000,0)

= 2%

Therefore, the rate of interest is 2%, which is monthly to be paid.

3 0
3 years ago
Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?
Len [333]

Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

<h3>How supply can be increased in the short run?</h3>

In the marketplace model, supply slopes up due to the profit purpose of individual firms. If a corporation receives a better price, they'll make a higher profit via way of means of selling more, so the quantity supplied will increase while the price will increase.

Therefore, Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

Learn more about short-run supply here:

brainly.com/question/24260367

#SPJ1

5 0
2 years ago
Rich is the highest-paid quarterback in the league, at $5 million per season. Rich is an eight-year pro and has yet to reach the
Furkat [3]
<span>hey will receive $2,500,000 per year, or answer C.</span>
3 0
3 years ago
Read 2 more answers
A popular star has a half-hour television show describing a new dietary supplement that she claims has made her much healthier.
STatiana [176]
False advertisement maybe? What are the options??
8 0
3 years ago
Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches
shutvik [7]

Answer:

Fixed Overheads Spending Variance = $5,000 Unfavorable(U).

Fixed Overheads Spending Variance = $20,000  Favorable (F).

Explanation:

Fixed Overheads Spending Variance = Actual Fixed Overheads  - Budgeted Fixed Overheads

                                                              = $305,000 -  $300,000

                                                              = $5,000 Unfavorable(U).

Fixed Overheads Spending Variance = Fixed Overheads at Actual Production  - Budgeted Fixed Overheads

                                                              = ($5.00 × 64,000) - $300,000

                                                              = $320,000 - $300,000

                                                              = $20,000  Favorable (F)

3 0
4 years ago
Other questions:
  • Sales revenue$ 4,000Purchases of direct materials$ 400Direct labor$ 450Manufacturing overhead$ 620Operating expenses$ 650Beginni
    8·1 answer
  • Why might someone who is just starting out prefer a regular savings account to a CD?
    11·1 answer
  • Meginnis Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its ave
    15·1 answer
  • Which of the following statements is true? Multiple Choice Passively managed funds do not pay dividends. Passively managed funds
    9·1 answer
  • Stephanie is a 40 percent partner in the SKY Partnership. During the current tax year, the partnership reported ordinary income
    9·1 answer
  • Segments of business's macroenvironment include all of the following except a. the economic environment. b. the social environme
    5·1 answer
  • What are the 5 stages of investing
    5·1 answer
  • Which of the following is an advantage of a partnership?
    13·1 answer
  • What is shrink or shrinkage?
    11·2 answers
  • State and explain 4 way by which a contruct<br> Can be discharged
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!