A Comparison of the Marketing Concept and Customer Relationship Management

question 4

Multiple Choice

A comparison of the marketing concept and customer relationship management indicates that customer relationship management:

• A)and the marketing concept are identical.
• B)attempts to improve profits by keeping quality high,while the marketing concept attempts to improve profits by a careful design of the promotional mix.
• C)turns the marketing concept upside down.The marketing concept emphasized that marketing was the most important function performed by a firm,but customer relationship management views marketing to be the least important function.
• D)extends the marketing concept by calling for the firm to learn more about its customers so that it not only satisfies them,but exceeds their expectations over time.

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Definitions:

Telegraphic Speech

A stage in language acquisition during early childhood where speech is concise and mostly consists of content words, resembling the structure of telegrams.

To Store

The act of keeping or placing something in a designated location for future use.

Sign Language

A visual language that uses gestures, facial expressions, and body language to convey meaning, primarily used by the deaf and hard of hearing.

Comprehend Grammatical

The ability to understand and process the rules and structures that govern the syntax and morphology of a language.