In an Efficient Customer Response System, Digital Answering Systems Are

question 7

True/False

In an efficient customer response system, digital answering systems are used to monitor and respond to customer inquiries.

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Definitions:

Selling Price

The amount for which something is sold, making it the price a buyer pays to acquire a product or service.

Markup Percent

The proportion added onto the purchase price of products to account for overhead costs and gain a profit.

Cost

The amount of money required to purchase something or the expenditure incurred to produce something.

Markup Percent

The percentage by which the cost of a product is increased to determine its selling price.