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Tesco had multiple legacy systems prior to working with Splunk Enterprise to create a new CRM system.

A) True
B) False

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Flexe offers an SCM solution for businesses to compete with Amazon.

A) True
B) False

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________ are/is a customer-touching CRM application.


A) CMAs
B) CIC
C) FAQs
D) SFA

E) C) and D)
F) A) and D)

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Dell Computer uses the pull model.

A) True
B) False

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It is really important that your customers are able to contact you anytime, anywhere, from any device. This suggests you should implement a(n) ________ CRM system.


A) on-demand
B) on-premise
C) open-source
D) mobile

E) A) and B)
F) C) and D)

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Over time, all organizations inevitably lose a percentage of customers, a process called ___.

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________ is the loss of a certain percentage of customers over time.


A) Customer churn
B) Customer life cycle
C) Lifetime value
D) Market capitalization

E) B) and D)
F) None of the above

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JIT shifts inventory downstream.

A) True
B) False

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Flexe is the _______ of warehousing.


A) Airbnb
B) Amazon
C) Google
D) Twitter

E) B) and C)
F) C) and D)

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________ is a CRM operation in which organizational representatives use multiple channels to communicate with customers.


A) CIC
B) CMA
C) JIT
D) SFA

E) A) and B)
F) A) and C)

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Amazon's fulfillment process is fully automated (no humans are involved) .

A) True
B) False

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Describe the CRM process. How does a company differentiate between a low- and high-value repeat customers? Why should customers be treated differently? How do you think customer touch points should be adjusted based on customer value?

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1) Marketing efforts - solicit potential...

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What is NOT considered a benefit of near field communications?


A) Consumers can shop where and when they want.
B) Stores can better understand consumers' preferences.
C) Stores can retain business instead of losing it to third party sellers via showrooming.
D) Consumers can set prices for the goods they want to purchase.

E) B) and D)
F) C) and D)

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________ link(s) business partners over ________ by providing them access to certain areas of each other's corporate ________.


A) Extranets; the Internet; intranets
B) Intranets; extranets; the internet
C) The Internet; extranets; intranets
D) The Internet; intranets; extranets

E) B) and C)
F) None of the above

Correct Answer

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You purchase the raw metal, glass, and leather to manufacture your new car from various suppliers. You are conducting business ________.


A) downstream
B) internally
C) upstream
D) foolishly

E) C) and D)
F) B) and C)

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___ refers to the ability of all organizations within a supply chain to access or view relevant data on purchased materials as these materials move through their suppliers' production processes and transportation networks to their receiving docks.

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Supply cha...

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Analytical CRM systems provide ________ by analyzing customer behavior and perceptions.


A) BI
B) CIC
C) ERP
D) SFA

E) A) and D)
F) B) and D)

Correct Answer

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Low-end CRM systems are designed for companies like Boeing because they only have a few, large customers.

A) True
B) False

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EDI increases _________.


A) cycle time
B) data entry errors
C) message length
D) productivity

E) All of the above
F) B) and D)

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Analytical CRM systems are the input for operational CRM systems.

A) True
B) False

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