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True/False Customer service is anything that touches the customer. Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs
True/False
- Customer service is anything that touches the customer.
- Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs to customers. It's based on the specific costs of servicing a customer's orders relative to how, how much, what, and when a customer orders.
- The identification of the product/service package for each customer segment is one of the easier activities in the CRM process.
- With the proper information on how a customer's interaction drives firm's costs, the firm can then segment its customers by profitability.
- "Order to cash" and "replenishment cycle" are the same.
- A driving force behind the attention to OTC cycle variability is safety stock. The absolute length of the order cycle will influence demand inventory.
- Customer service is of equal importance to both logistics and marketing.
- From a marketing perspective, logistics customer service can be thought of as a feature of the augmented product that adds value for the customer product.
- Dependability is not as important to a buyer as is absolute length of lead time.
- For the best service, all products should be available at all levels regardless of cost.
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