Answer:
Customer Relationship Management (CRM)
Explanation:
Customer Relationship Management (CRM) is a technique or approach initiated by the corporation to manage the all-important information about the patent customer to gain loyalty at fullest and maximize the business p[productivity.
the main focus of this approach is to know about all those customers who can be in a list of potential customers.
There are various forms of market failure, though it is commonly defined in economics as a situation where the distribution of goods and service are conducted in an inefficient manner.
In the case illustrated in the question, the form of market failure that is taking place occurs in the nature of the exchange, which is due to bounded rationality. It is defined as condition commonly occurring in individuals where decision-making is based on making a satisfactory solution instead of an optimal one – this leads to irrational behaviors. A good example is the tipping behavior provided in the question.
Thus, the answer to the question is (D) Yes this could be considered a form of market failure. If consumers and markets were rational tips would be based on the quality of service.
Answer:E- Earlier warning of potential problems.
Explanation:Benefits of a good communication are numerous and are listed below:
1- It gives clarity and direction.
2-Effective communication skills provide clear and defined policies. 3-Organizational communication helps organization to be successful. 4- Effective interpersonal communication skills such as listening skills, making eye contact gives boost to your personality.
5- It informs of earlier warnings of potential problems.
Sally needs to deliver customer sales data to multiple departments in real-time by using customizable reports.
<h3>What do you mean by accounting?</h3>
Accounting is a means of collecting, summarizing, analyzing, and reporting business information in monetary terms.
As sally needs to deliver the customer sales data to multiple departments in real-time, customizable reports can be helpful in this case.
A customizable report is a type of report that is created and metrics and dimensions should be added and it will display in the way.
Therefore, OB is the correct option.
Learn more about accounting here:
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