CRM Quiz

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Questions and Answers

What is the purpose of Customer Relationship Management (CRM)?

The purpose of CRM is to optimize profitability, revenue, and customer satisfaction by focusing on highly defined and precise customer groups.

What is the key strategy in CRM?

The key strategy in CRM is to organize the company around customer segments.

What is one benefit of implementing CRM?

One benefit of implementing CRM is the ability to tightly focus on target markets.

What does CRM aim to eliminate and increase?

<p>CRM aims to eliminate customer defection and increase revenue.</p> Signup and view all the answers

What is the Customer Relationship Management System?

<p>The Customer Relationship Management System is a flow model that helps identify customer relationships, leverage customer information, and understand interactions with the current customer base.</p> Signup and view all the answers

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