Explain how the different divisions of the organisation are using Internet-based tools to develop internal procedures. Provide an illustration and assess its potential economic impact.Answers cannot be copied and pasted.

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Types of CRM

The full form of CRM is Customer Relationship Management. CRM is a tool that companies use for developing, retaining and acquiring customer related information. The enterprise uses a combination of practices, strategies, and technologies to manage or analyze customer interactions and data throughout the customer lifecycle.