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Analytical CRM Uses Tools to Analyze Customer Data Collected from the Firm's

question 5

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Analytical CRM uses tools to analyze customer data collected from the firm's customer touch points and from other sources.


Definitions:

Meaning

The significance, definition, or explanation of a concept, symbol, or phenomenon.

Qualitative Research

Research that focuses on understanding concepts, thoughts, or experiences through non-numerical data, such as interviews, observations, or texts.

Quantitative Methods

Research methods involving the collection and analysis of numerical data to identify patterns, relationships, or trends.

Logical Positivism

A philosophical approach that asserts the meaning of statements lies in their empirically verifiable conditions, emphasizing logic and science.

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