Answer: Customer Relationship Management.
Explanation:
Customer Relationship Management or CRM is a business management model that is based exclusively on the relationship between staff and their current and potential customers. His primary focus is customer retention and driving sales by attracting new customers.
To obtain new clients, they use computer software to expand their database, meet the needs of their clients, and expand their marketing process.
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Both the equilibrium price and the equilibrium quantity fall
Answer:
The level that utilizes the "shotgun" approach to market coverage is:
Intensive Distribution (mass coverage).
Explanation:
This marketing approach aims to reach many consumers through as many sales channels as possible. In this situation, consumers have easy access to the goods or services. The other approaches include Selective Distribution (where few outlets in specific locations are selected for the distribution of the goods and services) and Exclusive Distribution (where limited outlets are chosen because of the target market).
Answer:
Buying Criteria
Explanation:
Buying Criteria ... exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of lowering the cost or increasing the value of products and services delivered to the ultimate consumer.
Answer:
The answer is b. Determining the business planning vs financial objectives
Explanation:
Financial performance for the previous month is consolidated to provide inputs for analyzing the current month’s S&OP cycle. Actual costs are compared with budgets and forecasts to analyze forecast accuracy over a rolling time frame.