1. What do the operational components of a CRM accomplish?
Improve day to day interactions with customers
Identify Customer preferences
Determine product location
Automate customer responses
Answers
The operational components of a CRM (Customer Relationship Management) accomplish improving day to day interactions with customers, identifying Customer preferences, determining product location and automating customer responses.
The operational components of a CRM accomplish several essential tasks that help businesses improve their interactions with customers. Firstly, these components help companies to identify and track customer preferences and behaviors. This helps businesses to anticipate customer needs and provide personalized service. By doing so, companies can build strong relationships with their customers and increase loyalty.
Secondly, operational components of CRM systems help businesses to improve day-to-day interactions with customers. CRM systems can track customer interactions across multiple channels, such as phone, email, and social media. This enables businesses to respond quickly and efficiently to customer queries, complaints, and feedback.
Thirdly, CRM systems can help companies to determine product location. By tracking inventory and sales data, businesses can ensure that products are stocked in the right locations, which helps to improve customer satisfaction.
Finally, operational components of CRM systems can automate customer responses. This saves businesses time and resources while ensuring that customers receive timely and accurate information. For example, an automated response can be triggered when a customer places an order, providing them with order confirmation and tracking information.
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Related Questions
How might advertising reduce economic well-being? alternatively, how might advertising actually increase economic well-being?.
Answers
Advertising your business can be quite costly so for start up businesses this can be hard to finance. This can reduce the business’ economic well being. Alternatively, if you advertise your business well that can bring in a whole new range of customers and their money. So this would increase your business’ economic well being
You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?
Answers
Answer:
658
Explanation:
What process group does the project integration management knowledge area map to through the activities of developing project charters
Answers
The process in the project integration management knowledge illustrated is initiating.
What is project integration?It should be noted that project integration simply means the coordination of all the elements that are in a project.
The process group that the project integration management knowledge area map to through the activities of developing project charters is the initiating group.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhen calling a support line to request help with a computer problem, it is best to
provide as many details and information as possible.
keep information to a minimum to avoid confusion.
avoid attempting to name or identify the problem.
avoid first attempting simple fixes to the problem
Answers
Answer: Provide as many details and information as possible.
Explanation:
So they can identify the problems with your computer
Answer:
1.provide as many details and information as possible.
Explanation:
Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them more access to information.
Answers
Answer:
This is true
Explanation:
With the recent development in modern communication technologies, communication with customers is is now very easy and yet very sophisticated. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.
There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
Answers
I think you should claim there to be racism and blame someone for being racist to you and that WILL show them that you are responsible and want best for them .
Hope this helped
Jeff
marcus finds that a check written by a customer and deposited has not yet been posted
Answers
When will the Mini Toolbar appear?
when you type text
when you press the Delete key
when you select text
when you first open a file
Answers
Answer:
It is C on edge 2021
Explanation:
Answer:
(c) when you select text
Explanation:
The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.
Katz stated skills are what leaders can accomplish"whereas traits are who leaders are " . what do you think Katz trying to explain (2 paragraphs)
Answers
Katz differentiates between the skills and traits of a leader, as he states that skills are what leaders can accomplish, whereas traits are who leaders are. This can be interpreted in a variety of ways, but I believe that Katz was trying to emphasize the importance of both skills and traits in leadership, as they each play a significant role in an individual’s ability to lead effectively.
Skills, according to Katz, are the technical abilities that a leader possesses, such as knowledge of financial management, marketing, or human resources. These are the hard skills that a leader needs to succeed in their role. Traits, on the other hand, refer to the innate characteristics that a leader possesses, such as honesty, integrity, empathy, and decisiveness. These are the soft skills that are often associated with effective leadership.
By emphasizing the importance of both skills and traits, Katz was highlighting the need for a well-rounded approach to leadership development. Leaders need to not only possess the necessary technical skills to accomplish their goals but also need to have the personal qualities that allow them to inspire and motivate others. In conclusion, Katz was trying to explain that leadership is not just about what you can do, but also about who you are as a person, and that both skills and traits are essential for effective leadership.
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Why would it be better to be in a partnership?
Answers
Answer:
A partnership is easy and inexpensive to establish
the business benefits from pooled knowledge and skills of different partners
the workload is shared
more partners can be added,which could help increase capital
partnerships are not compelled by law to complete audits on financial statements
Explanation:
Answer:
Each partner will bring their own knowledge, skills, experience and contacts to the business, potentially giving it a better chance of success than any of the partners trading individually. Partners can share out tasks, with each specialising in areas they're best at and enjoy most.
Explanation:
I hope it helps
____ plans direct the behavior, efforts, and priorities of operative employees for periods ranging from one to six months.
Answers
The plans that direct the behavior, efforts, and priorities of operations for a short period is known as operational plan.
What is planning?Planning simply means the process of thinking and preparing to achieve a desired goal.
It should be noted that operational plans direct the behavior, efforts, and priorities of operative employees for periods ranging from one to six months.
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Check the latest on Zappos and Tony Hsieh. How and what are each doing at the present time. Do some research to compare and contrast the leadership style and characteristics of Tony Hsieh with those of his boss at Amazon, Jeff Bezos. How are the leadership styles of the two CEOs alike? In what ways do they differ? For whom would you rather work? Is one better than the other in its situational context?
Answers
At present, Zappos and Tony Hsieh are involved in various initiatives to promote entrepreneurship and support start-ups. Hsieh is known for his innovative leadership style, which focuses on creating a positive company culture and empowering employees.
He has been actively involved in promoting urban revitalization and investing in new businesses through his Downtown Project.In contrast, Jeff Bezos, the boss at Amazon, is known for his data-driven approach and emphasis on customer service. He has led Amazon to become one of the most successful companies in the world, with a focus on continuous innovation and growth. The leadership styles of the two CEOs are alike in their focus on customer service and innovation, but differ in their approach to management and employee empowerment.
Hsieh is known for his emphasis on creating a positive company culture and empowering employees, while Bezos is known for his data-driven approach to management and decision-making.Both CEOs have their strengths and weaknesses, and the choice of whom to work for would depend on the situational context. For example, if one is looking for a more innovative and entrepreneurial environment, Zappos and Hsieh may be a better fit.
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PLZ HELP EXTRA POINTS!!!
Without freedom of expression ____.
A. Congress would have too much power
B. democracy could not exist
C. all kinds of unpopular ideas would become popular
D. the result would be a utopia
Answers
Answer:
A. Congress would have too much power
Explanation: I hope this helps :)
Is it necessary to allocate resources?
Answers
Answer:
It depends on the context.
Explanation:
In the example of a government allocating resources to the country then yes. They would set budgets/allocate certain amount of resources to ensure there is enough resources for each department.
This is similar to how we manage finances on a daily or monthly basis (?) e.g. our parents give us pocket money every day so we have a limited funding and do not overspend
We then decide what we want to spend our money (allocating resources) on so we can get what we want to buy or what we want to save
rose hill trading company is expected to have eps in the upcoming year of $6. the expected roe is 18%. an appropriate required return on the stock is 14%. if the firm has a plowback ratio of 70%, its intrinsic value should be .
Answers
Rose Hill Trading Company is expected to have an EPS of in the upcoming year $6. The expected ROE is 18%. An appropriate required return on the stock is 14%. If the firm has a plowback ratio of 70%, its intrinsic value should be $162.
Intrinsic value is the actual worth of a company, asset, or investment, which can be measured by analyzing underlying economic and financial factors, rather than only considering the current market price. The intrinsic value is the difference between the current stock price and the stock’s “true” worth, which gives investors an idea of whether the stock is overpriced or undervalued.Ploughback ratio: Plowback ratio is the percentage of earnings reinvested back in the company after dividends are paid out to shareholders. The plowback ratio is calculated by dividing the dividends paid out to shareholders by net income. Plowback ratios range from 0 to 1, with a ratio of 0 indicating that all net income was paid out as dividends and a ratio of 1 indicating that all net income was reinvested back into the company. Hence, it can be calculated as:Plowback ratio = (Net Income - Dividends) / Net Income
Calculation of intrinsic value using the dividend discount model:Intrinsic value = Expected Dividends / (Required Return - Dividend Growth Rate)
Here, Expected Dividends = EPS * Plowback ratio,Required Return = 14%,
ROE = 18%,Therefore, Dividend Payout Ratio = (1 - Plowback ratio)= 30% (because the plowback ratio is 70%)
Dividend per share (DPS) = EPS * Dividend payout ratio= $6 * 30% = $1.80
Plowback ratio = 70% or 0.70Expected Growth rate (g) = (ROE × Plowback ratio)= (0.18 × 0.70) = 0.126 or 12.6%
Now, Intrinsic value = Expected Dividends / (Required Return - Dividend Growth Rate)= ($1.80 * 1.26) / (0.14 - 0.126)
= $2.268 / 0.014
= $162
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a. Briefly explain the concept of Factoring Companies and what are the benefits for
companies that take advantage of the services of the factoring company!
b. Briefly explain how Takaful (Sharia Insurance) treats the Gharar element in insurance
coverage which then differentiates it from Conventional Insurance!
Answers
(a) The benefits for companies that take advantage of the services of the factoring company include improved liquidity, reduced credit risk, faster access to cash, and the ability to outsource the collection process and (b) Takaful operates on the concept of shared responsibility and mutual support, aligning with Islamic principles.
a. Factoring companies are financial institutions that provide a service called factoring, which involves purchasing accounts receivable from businesses at a discounted rate. The factoring company then collects the payments directly from the customers of the business. This service helps businesses improve their cash flow by providing immediate funds for their outstanding invoices.
The benefits of using a factoring company include improved liquidity, reduced credit risk, faster access to cash, and the ability to outsource the collection process. It allows businesses to focus on their core operations while the factoring company takes care of the receivables management.
b. Takaful, also known as Sharia insurance, is an Islamic alternative to conventional insurance that adheres to Islamic principles and avoids prohibited elements such as interest (riba), uncertainty (gharar), and gambling (maysir). In Takaful, the treatment of the gharar element focuses on ensuring transparency and fairness in the insurance contract.
Gharar refers to uncertainty or ambiguity in the terms of an agreement. Takaful companies mitigate gharar by promoting transparency in the coverage terms, disclosing the contributions and benefits clearly, and emphasizing the principle of cooperation and mutual assistance among participants.
Unlike conventional insurance, where risks are transferred to the insurer, Takaful operates on the concept of shared responsibility and mutual support, aligning with Islamic principles.
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Suppose that net exports are less than zero. If the capital account is in balance, ___. Multiple Choice there is a financial account deficit the sum of the reserve account and the financial account must be zero there is a reserve account surplus there is a current account deficit
Answers
Suppose that net exports are less than zero. If the capital account is in balance, there is a current account deficit. Option D is correct.
When imports exceed exports, the current account is in deficit, which results in a net loss of foreign currency. Investment from overseas, portfolio investment, other investments (trade credit, loans, and deposits), and reserve accounts are all added up to form the capital account.
A financial account that is in excess indicates that more investment capital is coming into the nation than is leaving it. These influxes could be used to cover a balance of payments current account deficit. Although foreign direct investment can contribute to job creation and economic progress, all investors anticipate a profit.
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You buy a pair of sunglasses from a manufacturer for $100. you would have been willing to pay $130 for them; it cost the manufacturer $70 to make them. what is the economic surplus created by this exchange?
Answers
The economic surplus created by the exchange is $40 if we buy a pair of sunglasses from a manufacturer for $100.
Sunglass price = $100
Amount willing to pay = $130
Cost of manufacturer = $70
Economic surplus is the combination of benefits, generally referred to as total welfare, that a consumer or producer obtains as a result of economic activity. It is also called total surplus and communal surplus.
Producer surplus = Total Revenue – Production Cost
Producer surplus = 100 - 70
Producer surplus = $30
consumer surplus = the price is willing to pay - the actual amount paid.
consumer surplus = 130 - 100
consumer surplus = 30
The economic surplus = Producer surplus + consumer surplus
The economic surplus = 30 +30
The economic surplus = $40
Therefore we can conclude that the economic surplus created by this exchange is $40.
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Can Herman fire or threaten to fire Tony for taking time off?
Answers
No, Tony's time off is protected by labour regulations, therefore as long as Herman stays within the bounds of those laws, he cannot lawfully fire or threaten to fire him for taking time off.
Whose autobiography did Wes find influential, and why?Whose autobiography, and why, did Wes find influential? Wes is able to examine American history and Colin Powell's role as a soldier who will serve his country thanks to his book.
Who has the top police position?The Director-General of Police (DGP) is the top law enforcement official in Indian States and Union Territories and holds a three-star rank. All DGPs are members of the Indian Police Service (IPS). Officers with the rank of DGP may hold equivalent positions in the CBI, CRPF, etc.
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Which part of effective leadership deals with maintaining equity?
Answers
Answer:
the part where you have to lead
Explanation:
At the beginning of the year, quaker company's liabilities equal $42,000. during the year, assets increase by $60,000, and at year-end assets equal $190,000. liabilities decrease $12,000 during the year. what are the beginning and ending amounts of equity?
Answers
Beginning equity is $88,000 and ending equity is $160,000.
What is beginning and ending equity?
Equity is the difference between assets and liabilities.
Equity = assets - liabilities
Beginning equity = beginning assets - beginning liabilities
(190,000 - 60,000) - 42,000 = $88,000
Ending equity = ending assets - ending liabilities
190,000 - (42,000 - 12,000) = $160,000
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What are my goals tool about saving for
retirement
Answers
Saving for retirement on a budget Many experts advise allocating 15% of your yearly gross income to retirement savings.
What does allocation mean solely?When implementing a fulfilment plan, choose Allocation Only if you only want to allocate inventory—not yet pick, pack, and ship—and you want to allocate it. Select "Allocation Only" when filling orders if you wish to allocate inventory to one or more orders but aren't yet prepared to finish the pick, pack, and ship processes.
How does allocation rate work?The allocation rate, which determines how much of the money that is being paid into a fund—like a pension fund—can be invested, is the portion of the money that is still available after all fees have been deducted. The allocation rate would be 98%, for instance, if the charges were 2%.
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while lands end operates some retail locations, it specializes in selling its products through catalogs. in doing so, lands end is engaged in .'
Answers
In selling its products primarily through catalogs, Lands' End is engaged in "catalog retailing" or "catalog sales."
Catalogue retailing is a method of selling things to clients directly through printed catalogues.
Catalogue merchants generate and distribute catalogues that promote their product selections rather than relying mainly on real retail locations. Customers can browse catalogues, pick things to purchase, and place orders via mail, phone, or, more typically nowadays, online platforms.
Lands' End specialises in this type of shopping by publishing and distributing catalogues including a large variety of clothes, accessories, and home products.
Customers can make purchasing selections remotely thanks to the catalogues' thorough descriptions, product photos, and pricing information.
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What do borrowers use to secure a mortgage loan?
A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle
I’m not sure if the answer is A and B, or if C is included too.
Answers
Answer:
A. and B.
Explanation:
mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
Answer:
C,D,and E
Explanation:
For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.
Laredo, Inc, has a contribution margin ratio of 50%. This month, sales revenue was $226,000, and profit was $22,000, if sales revenue increases by $48,000, by how much will profit increase? Multiple Choice $1,100 55,000 $21.800 524,000
Answers
The contribution margin ratio is a measure of how much each dollar of sales contributes to profit. In this case, Laredo, Inc, has a contribution margin ratio of 50%.
To calculate the profit increase when sales revenue increases by $48,000, we need to use the contribution margin ratio.
First, let's find the contribution margin. The contribution margin is calculated by multiplying the sales revenue by the contribution margin ratio.
Contribution Margin = Sales Revenue x Contribution Margin Ratio
Contribution Margin = $226,000 x 50% = $113,000
Next, let's calculate the profit increase. The profit increase is equal to the change in contribution margin when sales revenue increases.
Profit Increase = Change in Contribution Margin
Profit Increase = $48,000 x Contribution Margin Ratio
Profit Increase = $48,000 x 50% = $24,000
Therefore, if sales revenue increases by $48,000, the profit will increase by $24,000.
The correct answer from the multiple-choice options provided is $24,000.
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If sales revenue increases by $48,000, the estimated increase in profit would be $24,000. The correct option is d. $24,000.
The contribution margin ratio is a measure of how much each dollar of sales contributes to covering fixed costs and generating profit. It is calculated by dividing the contribution margin by the sales revenue.
In this case, Laredo, Inc. has a contribution margin ratio of 50%. This means that 50% of each dollar of sales revenue contributes to covering fixed costs and generating profit.
The sales revenue for this month was $226,000, and the profit was $22,000.
To calculate the increase in profit if sales revenue increases by $48,000, we can use the contribution margin ratio.
First, we need to calculate the contribution margin. The contribution margin is the difference between the sales revenue and the variable costs. Since we don't have information about the variable costs, we cannot calculate the exact contribution margin.
However, we can use the contribution margin ratio to estimate the increase in profit. If 50% of each dollar of sales revenue contributes to profit, then the contribution margin ratio can be expressed as 0.5 (50% = 0.5).
To estimate the increase in profit, we can multiply the increase in sales revenue ($48,000) by the contribution margin ratio (0.5):
Increase in profit = Increase in sales revenue * Contribution margin ratio
Increase in profit = $48,000 * 0.5
Increase in profit = $24,000
The correct option is d. $24,000.
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What is the author's main claim or argument?
Pizza is the best
Answers
A $5,000,000 issue of construction bonds were sold at par by he capital projects fund, Debt issuance costs included administrative fees of $45,000 and prepaidinsurance costs of $5,000.
Prepare in general journal form the necessaary entries in the governmental activities and approppriate fund journals for each transaction. Expanations may be omitted, For each entry you prepare, name the fund on which the entry should be made.
Answers
Answer and Explanation:
The journal entries are shown below:
Cash Dr $5,000,000
To Bond proceeds $5,000,000
(Being issuance of the constructions bonds are recorded)
Debt issuance cost $50,000
To Cash $50,000
(Being debt issuance cost is recorded)
Cash $4,950,000
Debt issuance cost $50,000
To Bond Proceeds $5,000,000
(being issuance of the construction bond is recorded)
Levels of agriculture?
Answers
Answer:
Helloooo
the steps are :-
Soil preparationmanuringirrigationweedingharvestingstoringExplanation:
thanks hope it helps
lucas is a 25% partner in the lcs partnership. on january 1, lcs distributes $40,000 cash and land with a $32,000 fair value (inside basis $16,000). lcs has no liabilities at the date of the distribution. lucas' basis in lcs is $32,000. what is the amount and character of lucas' gain or loss on the liquidating distribution?
Answers
Lucas has a loss of $4,000 on the liquidation. The character of the gain or loss is a capital loss.
Calculate Lucas' Distribution:
Lucas' share of the distribution is 25% of $40,000 cash + 25% of $32,000 land = $20,000 cash + $8,000 land
Calculate Lucas' Basis in LSC:
Lucas' basis in the partnership is $32,000.
Calculate Lucas' Gain or Loss on Liquidation:
Lucas' gain or loss on liquidation is the difference between the amount of the distribution and the basis of the partnership.
Lucas' gain or loss on liquidation = Distribution - Basis
Lucas' gain or loss on liquidation = $20,000 cash + $8,000 land - $32,000 basis
Lucas' gain or loss on liquidation = -$4,000
Therefore, Lucas has a loss of $4,000 on the liquidation. The character of the gain or loss is a capital loss.
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