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IRISSAK [1]
3 years ago
6

Toronto-based Mercedes-Benz Canada, with a network of 55 dealers, did not know enough about its customers. Dealers provided cust

omer data to the company on an ad hoc basis. Mercedes did not force dealers to report this information. There was no real incentive for dealers to share information with the company. How could CRM and PRM systems help solve this problem?
Business
1 answer:
frutty [35]3 years ago
6 0

<u>Explanation:</u>

Mercedes-Benz adopts a method where the dealers are the only contact with the customers and company has failed to communicate with the customers directly.

Customer Relationship Management (CRM) is a tool that can be utilized by the company for easier day to day work. The information can be kept up to date which is easy to import, export and apply statistics to find information. The information can be accessed by Mercedes from anywhere. It helps to connect with the customers.

Another tool Partner Relationship Management (PRM) is used to connect with partners. The tasks can be scheduled and performance can be managed. Information and report details can be shared with the help of CRM and PRM from dealers and partners with Mercedes.

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A code of conduct should be worded in terms of forbidden action rather than acceptable behavior.
Katena32 [7]

<u>Answer:</u>

The statement that says a code of conduct should be worded in terms of forbidden action rather than acceptable behaviour is false.

<u>Explanation:</u>

The judicial acts and laws that prohibit unlawful actions and the code of conduct that provides information about the ideal and acceptable behaviour that are distinct from each other in terms of wording that is used to draft them. A judicial act mentions what is not to be done and a code of conduct mentions what is to be done.

7 0
3 years ago
Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year E
Leto [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019

Sales (9,800 units at $280 each) $ 2,744,000

Variable costs (9,800 units at $210 each) 2,058,000

Contribution margin 686,000

Fixed costs 504,000

Pretax income $ 182,000

Assume the company is considering investing in a new machine that will increase its fixed costs by $41,500 per year and decrease its variable costs by $8 per unit.

We will assume that sales remain the same.

Contribution margin income statement:

Sales= 2,744,000

Variable costs= (202*9,800)= (1,979,600)

Contribution margin= 764,400

Fixed costs= (504,000 + 41,500)= (545,500)

Pretax income= 218,900

5 0
3 years ago
If a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the lo
spin [16.1K]

The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.

<h3>What is negative amortization?</h3>

A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.

Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.

Hence, the significance of negative amortization is aforementioned.

Learn more about negative amortization here:

brainly.com/question/22232264

#SPJ1

6 0
2 years ago
Which statement or statements accurately describe characteristics of subsidized Stafford loan?
Zepler [3.9K]

Answer:

I. grace period during which payments are not due

II. based on student need

Explanation:

Stafford loan is a student loan that is given to students of accredited colleges to cover tuition and it is guaranteed buy the government. These loan can be subsidized or unsubsidized. The subsidized loans are the ones in which the interest is paid by the government when student in enrolled in the program and during a grace period and it is given to students with financial needs. In the unsubsidized loan, the student is responsible for all the interests generated.

7 0
3 years ago
Read 2 more answers
A(n) _____ is a form of retirement savings plan in which the employee contributes money each pay period to his or her retirement
stiv31 [10]

Answer:

The correct answer is defined contribution plan.

Explanation:

The defined contribution plan is a pension plan in which the company agrees to make monetary contributions each year for the benefit of the employee.

Generally, in a defined contribution plan the employee has the right over the invested assets and is free to withdraw the accumulated funds if his retirement occurs prematurely. For this reason, the defined contribution plans are said to have portability, that is, if the employee ends his employment relationship with the company, he can transfer his funds to his new company's pension plan or to a private pension plan.

Upon retirement, the employee can access the accumulated funds, but unlike in the defined benefit plans, no amount is guaranteed. The investment risk is assumed entirely by the employee.

For example, the company can contribute 1% of salary to a pension fund every month. The employee can also contribute part of his salary to this plan.

6 0
3 years ago
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