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Naily [24]
2 years ago
8

Has any questions or problems.

Business
1 answer:
bearhunter [10]2 years ago
5 0

Answer:

Customer relationship management (CRM).

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, these 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 marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.

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

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Marty has hired a marketing research company to bring together a small group of soft drink consumers and get feedback on the thr
Serjik [45]

Answer:

<u>Focus group</u>

Explanation:

A focus group refers to a form of marketing research whereby 6 to 10 individuals are called forth in a room or virtual digital rooms, wherein they are asked to provide feedback w.r.t a product or a service or on a marketing campaign.

A trained individual presides over the session, carrying a list of about 10 to 15 questions and seeking response from all the participants present in the room.

The participants represent buyers who are selected based upon their buying history, behavioral and other basis of marketing segmentation. Usually, to obtain diverse ideas and feedback, such focus groups are held at different cities.

In the given case, Marty brought together a group of soft drink consumers so as to avail their feedback with respect to the marketing slogans, the firm has been considering. Thus, to serve the purpose, it is recommended that the firm conduct a focus group.

4 0
3 years ago
Many demographers predict that the United States will have zero population growth in the twenty-first century, in contrast to av
ANTONII [103]

Answer and Explanation:

Different things being constant, a slowdown in population growth will lead to an increase in the availability of capital per worker and output per worker.

At the steady state, output per worker will grow at the rate of g while. Thus, steady state per person output growth will be same, however total output will increase at the rate n+g.

In case of transition between steady states, during the transition phase, output per worker will grow at a rate greater than g. Overtime in the long run with a fall in population growth, total output will fall while output per worker will increase.

6 0
3 years ago
Consider the single factor APT. Portfolio A has a beta of 0.5 and an expected return of 12%. Portfolio B has a beta of 0.4 and a
Jobisdone [24]

Answer and Explanation:

Given:

For portfolio A

Expected return of 12%

beta = 0.5

Risk premium for A = ?

For portfolio B

Expected return of 13%

beta = 0.4

Risk premium for B = ?

Risk-free rate of return = 5%

Computation:

For portfolio A

12% = 5% + (0.5 × risk premium for A)

risk premium for A = 14%

For portfolio B

13% = 5% + (0.4 × risk premium for B)

risk premium for B = 20%

short position "A"

Long position "B"

8 0
3 years ago
When people conduct business without regard for government controls on price or quantity is called a black market. Please select
Natalija [7]

The statement ‘When people conduct business without regard for government controls on price or quantity is called a black market’ is true. The transactions made in the black market is illegal because it does not follow the set of rules by the government.

7 0
3 years ago
Real GDP per capita: cannot grow more rapidly than real GDP. cannot decrease if Real GDP increases. necessarily grows more rapid
katrin [286]

Answer:

Real GDP per capita can increase or decrease when Real GDP increases

Explanation:

Real GDP per capita is calculated by dividing Real GDP by the number of people in a country. Therefore:

  • If population increase more quickly than the increase in real GDP, then real GDP per capita would decrease.
  • If population decreases, stays the same or increases more slowly as Real GDP increases, then real GDP per capita would increase.
4 0
2 years ago
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