Asked by
Laurel Brown
on Nov 20, 2024Verified
If a firm adopts a CRM business philosophy, it most likely has a(n) ________ orientation with its customers.
A) transactional
B) external
C) relational
D) internal
E) divisional
CRM Business Philosophy
This refers to an approach in business that prioritizes the management of relationships and interactions with customers using Customer Relationship Management practices and technologies to improve customer satisfaction and retention.
Relational Orientation
A focus or strategy in business and marketing that emphasizes building long-term relationships with customers rather than focusing solely on individual transactions.
- Comprehend the importance and methodologies of customer relationship management (CRM) in cultivating customer dedication.
- Analyze how interactions with customers based on relational orientations can contribute to enduring profitability and customer fulfillment.
Verified Answer
KJ
Learning Objectives
- Comprehend the importance and methodologies of customer relationship management (CRM) in cultivating customer dedication.
- Analyze how interactions with customers based on relational orientations can contribute to enduring profitability and customer fulfillment.