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3 years ago

PLS HELP!!! What is the meaning of Customer Relationship Management (CRM)?

Business

2 answers:

gizmo_the_mogwai [7]3 years ago

7 0

Answer:

CRM means collecting information about the customer for the purpose of improving their future experience.

Explanation:

Alla [95]3 years ago

3 0

Answer:

CRM means collecting information about the customer for the purpose of improving their future experience.

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 their satisfaction.

CRM means collecting information about the customer for the purpose of improving their future experience.

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Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the followin

Jet001 [13]

Answer:

<u>income statement using an absorption income statement format.</u>

Sales ( 480 × $1,960) 940,800

Less Cost of Sales ( 480×$1,350) (648,000)

Gross Profit 292,800

Less Operating Expenses

Variable selling and administrative expenses (480×$40) (19,200)

Fixed selling and administrative expenses $225,000 (225,000)

Interest Expense ($12,000)

Net Income $36,600

Explanation:

Absorption Costing Considers BOTH variable and fixed costs in product cost.Non-Manufacturing are treated as period costs.

<u />

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3 years ago

Hailey purchased furniture for her living room and spent quite a bit of money. After she purchased it, she started regretting th

NISA [10]

She is using decreasing desirability if the rejected alternatives. Notice how she is saying that the couch she DIDNT buy (the alternative) would not have been that great. She is making herself have a worse (decreasing) opinion of the alternative.

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3 years ago

In the post World War II period, considerable growth in total production took place in the United States. But at the same time,

Maurinko [17]

Answer:

The answer is A) real GDP gives an overly positive view of economic welfare.

Explanation:

Real GDP measures the economic value of total produced goods of an economy adjusted by price levels. It takes in account consumption, investment government purchases and net exports.

However, they do not take into account externalities or negative consequences of the production of an economy. If US produced in factories that produce a lot of pollution, the GDP would capture the value of the produced goods from the factory. However it will not measure the economic consequences of pollution, damage to environment and the industries that depend in these resources. In the long run GDP could be lower if that pollution decreased the possibilities or inputs used to produce goods but in the short run GDP will give a positive view as if nothing bad was happening.

7 0

3 years ago

(Part 1) If Malaland exports $59 billion in goods to Bursia, and Malaland imports $42 billion of goods from Bursia , what is the

lilavasa [31]

Answer:

Explanation:

Trade balance formula = Country’s Exports – Country’s Imports.

If Malaland exports $59 billion in goods to Bursia, and Malaland imports $42 billion of goods from Bursia , what is the goods trade balance for Malaland? $ 17 billion

What is the best way to describe Malaland's goods trade balance?

It is a positive trade balance; good's exports are greater than good's imports. Malaland companies will receive more capital and this can translate into a higher standard of living for the Malaland population.

If Malaland exports $44 billion in services to Bursia, and imports $49 billion of services from Bursia, what is the services trade balance for Malaland? $-5 billion.

What is the best way to describe Malaland's services trade balance?

It is a negative trade balance; service's imports are greater than service's exports. This could lead to protectionist measures that in the long run increases consumer prices, reducing living standards of Malaland population.

What is the overall balance of trade for Malaland if it exports $44 billion in services and $59 billion in goods while importing $49 billion in services and $42 billion in goods? $12 billion

What is the best way to describe Malaland's overall trade balance?

It is a positive overall trade balance. Even though, there are more services imports than exports, good exports are greater than good's imports. Malaland companies will receive more capital and this can translate into a higher standard of living for the Malaland population.

8 0

3 years ago

Most economists believe the principle of monetary neutrality is a. relevant to both the short and long run. b. mostly relevant t

Trava [24]

Answer:

d. mostly relevant to the long run.

Explanation:

In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.

The three (3) main functions of money all over the world are;

I. Medium of exchange.

II. Unit of account.

III. Store of value.

The principle of monetary neutrality typically based on the idea that changes in any stock of money would affect only nominal variables such as exchange rate, wages and price in the economy of a particular country.

Most economists believe the principle of monetary neutrality is mostly relevant to the long run.

4 0

3 years ago