A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.
- A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.
- CRM systems come in three basic categories: operational, analytical, and collaborative. Here's how to pick the best one to give your clients better conversational customer experiences.
- Customer retention, loyalty, profitability, and satisfaction are the four pillars of customer relationship management.
- A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. Simple is the aim: strengthen commercial ties. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.
Thus this is the answer.
To learn more about CRM, refer:brainly.com/question/27993518
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<span>An unsubsidized Federal loan means that y</span>ou are responsible for paying all the interest that accumulates on your loan.
<u>Answer:</u>
<em>During the Christmas season, stores sell trees and wreaths are applying the </em><u><em>time (A) </em></u><em>utility
</em>
<em></em>
<u>Explanation:</u>
Understanding consumer demand is significant while settling on considerable business choices. It will enable the organization to choose when to build the creation of products and stock and when to run their significant promoting efforts. The organization ought not just to depend on these strategies to settle on the choices because there are numerous different reasons which make the purchase request.
Time Utility is giving the customer his ideal products when he requires them. Contingent on the everyday needs, Christmas season, or climate conditions, purchaser requests will differ.
Answer:
Journal entry
Explanation:
The journal entry is as follows
Cash $1,323
Service charge expense ($1,350 × 2%) $27
To Sales Revenue $1,350
(Being the cash is recorded)
for recording this transaction we debited the cash and expenses as it increase both balances while at the same time the sales revenue is also increased so it is credited
The answer is revenue stream.