Exam 10: Customer Relationship Management

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CRM can allow organizations to identify which customers have stopped purchasing products or services from the organization so that the organization can target those former customers for future promotions and/or perhaps to investigate why they stopped purchasing in the first place.The CRM attribute is called:

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C

All of the following are required elements for the development of an effective CRM initiative EXCEPT:

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Customer service elements can be classified into three elements.What are those three classifications? Briefly describe each.

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Pretransaction elements - Customer service elements that precede the actual transaction.
Transaction elements - Customer service elements that occur during the sale.This also includes the order lead time.
Posttransaction elements - Customer service elements that occur after the sale.

Which of the following are required elements of an effective CRM initiative?

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The use of quick response codes (QR Codes)to retrieve marketing information is a type of:

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Users in a company can retrieve and study a large amount of information about consumers by housing that information in a centralized database that is commonly referred to as a:

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According to the textbook,which of the following statements is TRUE?

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Since many companies do not have the knowledge,resources (money/people),or capability of building an infrastructure to support a CRM program,many companies have chosen to outsource this responsibility to a(n):

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When integrating new CRM modules,it is important that compatible CRM modules are linked to a(n):

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Future trends in CRM include coping with the delicate issue of privacy,utilization of social media,and utilization of cloud computing.

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When web sites suggest other items for purchase based on already purchased items,this is an example of Clickstream Selling.

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According to the textbook,a performance measurement type for CRM would include:

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You are a manager at Sunnydale Appliances.A customer who recently purchased a dishwasher contacts you with a problem and requests warranty information.According to the text,this is an example of:

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What are three of the recent trends in CRM?

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According to the text,in logistics,a "perfect order" occurs when:

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Which of the following customer service elements can be classified as examples of pre-transaction elements?

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Your top sales executive leaves your company to work for a competitor.Fortunately,all of her notes regarding prior dealings with customers have been captured in a:

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Companies that provide on-demand applications are often referred to as data warehouses.

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You work for a company that segments customers by demographic information markets specifically to those customers who are located in the Los Angeles area.This is an example of:

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As customers navigate through a website CRM software can record and analyze the customer's clickstream so website images and ads can be tailored to the needs and desires of that individual customer.

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