Mastering Customer Relationship Management
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Questions and Answers

Which of the following best describes Customer Relationship Management (CRM)?

  • A strategy to minimize customer interactions
  • A process that combines people, processes, and technology to manage a company's relationships with customers (correct)
  • A software used to track sales and marketing activities
  • A methodology that focuses on developing products for potential customers
  • What is the main goal of Customer Relationship Management (CRM)?

  • To automate customer interactions
  • To increase the company's profits
  • To minimize customer complaints
  • To learn more about customers' needs and behaviors (correct)
  • What are the components of Customer Relationship Management (CRM)?

  • People, processes, and technology (correct)
  • Advertising, promotions, and public relations
  • Sales, marketing, and customer service
  • Product development, pricing, and distribution
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