Which of the Following Defines CRM

question 65

Multiple Choice

Which of the following defines CRM?

• A) An approach to inventory that seeks to eliminate excess waste and reduce inventory to a minimal level.
• B) A computerized inventory control system that schedules the production of goods and takes into consideration the available and the required inventory.
• C) The active management of the distribution of materials throughout a system.
• D) A series of techniques designed to eliminate waste from manufacturing and service processes and provide greater customer value.
• E) A service approach that hopes to build a long-term and sustainable relationship with customers that has value for both the customer and the company.

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Definitions:

Widgets

Generic term often used to refer to a hypothetical product or any small device or gadget.

Place of Business

The specific location where a company conducts its operations or where its main offices are located.

Real Property

Real property refers to land and anything permanently attached to the land, such as buildings and structures.

Law of Sales

Governs the sale of goods, defining the rights, duties, and liabilities of buyers and sellers in transactions involving personal property.