MKT206 Past Questions

MKT206

The main drawback of CRM is
Answer: all of the above

Customers lifetime purchases that generate net present value of future profit streams is called
Answer: customer lifetime value

First step in analysis of customer value is to Answer: identify customers value attributes

A person or company that yields a revenue more than incurred costs of selling and serving is called
Answer: profitable customers

Customized products and services for customers and interaction to individual customers are part of
Answer: customer relationship management

Company Vs Ycustomer relationship capital is another name of
Answer: satisfied customers

Difference between customers evaluation including all costs incurred and benefits is called
Answer: customer perceived value

Record which is based on business customers past purchases, sales price and volumes is classified as
Answer: business database

Programs designed for customers which is limited to any affinity group are classified as
Answer: club membership programs

Aggregate value of customer’s base is classified as
Answer: shareholder value

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