Business Driven Technology
Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
bartleby

Concept explainers

Question
Book Icon
Chapter 11, Problem 5RQ
Program Plan Intro

Customer relationship management (CRM):

This concept came into frame to manage a company’s interaction with current and potential customers. This approach uses data analysis about the customer’s history with a company so as to improve business relationships with customers and it specifically focuses on customer retention and ultimately driving sales growth. It is also useful to learn more about the company’s target audiences and how to fulfill their needs.

Blurred answer
Students have asked these similar questions
How can effective communication strategies play a role in preventing customer conflicts in a business?
How can companies proactively gather customer feedback to identify potential sources of conflict before they escalate?
What strategies can businesses employ to effectively handle customer conflicts that occur in face-to-face interactions?
Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Text book image
MIS
Computer Science
ISBN:9781337681919
Author:BIDGOLI
Publisher:Cengage
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning