CRM Systems and Customer Interaction
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Questions and Answers

What is the primary function of CRM systems?

  • To automate sales processes
  • To analyze large amounts of data (correct)
  • To categorize customers in spreadsheets
  • To evaluate customer satisfaction

Which of the following is NOT a communication channel used by CRM systems?

  • Social media
  • Telephone (with softphone)
  • Company's website
  • In-person meetings (correct)

What does CRM allow businesses to learn about their target audiences?

  • Their social security numbers
  • Their needs and preferences (correct)
  • Their browsing history on the company's website
  • Their personal contact information

When did the concept of customer relationship management start?

<p>Early 1970s (A)</p> Signup and view all the answers

What does Gartner estimate the global CRM market size to be in 2020?

<p>$69 billion (D)</p> Signup and view all the answers

What is the primary purpose of customer relationship management (CRM)?

<p>To learn more about target audiences and cater to their needs (D)</p> Signup and view all the answers

Which of the following is a communication channel used by CRM systems?

<p>Social media (A)</p> Signup and view all the answers

When did the concept of customer relationship management start?

<p>Early 1970s (B)</p> Signup and view all the answers

What type of data analysis is typically used in CRM systems?

<p>Both quantitative and qualitative analysis (C)</p> Signup and view all the answers

What is the estimated global CRM market size in 2020 according to Gartner?

<p>$69 billion (C)</p> Signup and view all the answers

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