Why is targeting the right customers so important for successful customer relationship management?
Question:
Why is targeting the “right customers” so important for successful customer relationship management?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Targeting the right customers is incredibly crucial for successful customer relationship management CRM for several reasons 1 Efficient Resource Use E...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...
-
Jacomo Companys output for the current period was assigned a $300,000 standard direct materials cost. The direct materials variances included a $44,000 favorable price variance and a $6,000 favorable...
-
Three packet-switching networks each contain n nodes. The first network has a star topology with a central switch, the second is a (bidirectional) ring, and the third is fully interconnected, with a...
-
How are the nominal rate, the periodic rate, and the effective annual rate related? AppendixLO1
-
Web-based exercise. The Statistical Abstract of the United States is an essential compilation of data. You can find it online at the Census Bureau Web site. The most recent edition is at...
-
Westbrook Co. predicts that it will use 225,000 gallons of material during the year. The material is expected to cost $10 per gallon. It anticipates that it will cost $40 to place each order. The...
-
\begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & Supplies & & & ACCOUNT NO. & 141 \\ \hline & & & +1 & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF, & DEBIT & CREDHT & DEBIT...
-
You are responsible for the audit of inventory for Honey Best Grocery Wholesales, Inc., a closely held grocery wholesaler that sells to independent grocery stores. Inventory is by far the largest...
-
How can you estimate a customers lifetime value (LTV)?
-
Why is customer loyalty an important driver of profitability for service firms?
-
Tin metal (Sn) and purple iodine (I 2 ) combine to form orange, solid tin iodide with an unknown formula. Weighed quantities of Sn and I 2 are combined, where the quantity of Sn is more than is...
-
1. what is the Signs of Malnutrition?
-
Example 5.1 Simply Supported Truss 8' B 2 kips Determine: a) Support reactions b) Internal force in each member Pin 5' D 4 kips 7' 6' Roller
-
Find the rank by reducing to normal form: 1 1 2 3 1 3 0 3 1 -2-3-31 1 12 3
-
A turtle can swim in a still pond at a speed of 0.76 m/s. The turtle is crossing a stream with 0.86 m/s current flowing to the East. The turtle is pointed downstream at an angle of 62 with respect to...
-
(10 pts) An aluminum "L" shaped bar (also known as "angle") and its cross-section are shown in the fol- lowing figure. Hand-calculate the centroid of the section and the moments inertia, Ir and Iy,...
-
Consider a simple model of an automobile driver following another car on the highway at high speed. The model shown in Figure E9.20 incorporates the driver's reaction time, T. One driver has T = 1 s,...
-
What types of questions can be answered by analyzing financial statements?
-
Subway is a fast-food restaurant in which sandwiches are freshly made, with the exact composition decided by the customer. The sandwiches are made from soft bread rolls, usually either six inches or...
-
What are the main advantages and disadvantages of using online surveys and when might you use one?
-
What type of focus group would be best suited to an investigation of working womens food shopping habits?
-
In 2019, Sunland Company had a break-even point of $388,000 based on a selling price of $5 per unit and fixed costs of $155,200. In 2020, the selling price and the variable costs per unit did not...
-
11. String Conversion Given a binary string consisting of characters '0's and '1', the following operation can be performed it: Choose two adjacent characters, and replace both the characters with...
-
Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar...
Study smarter with the SolutionInn App