Future Trends in CRM Include Coping with the Delicate Issue

question 10

True/False

Future trends in CRM include coping with the delicate issue of privacy,utilization of social media,and utilization of cloud computing.

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Definitions:

Technological Change

The advancement and innovation in technology, impacting how products are made and services are delivered.

Product Life Cycles

Refers to the multiple iterations a product goes through from its initial launch to its eventual phase-out from the market.

Product Life Cycle

The journey of a product through the marketplace, commencing with its introduction, moving into growth and maturity, and concluding with its decline.

Product Life Cycle

The evolutionary path a product follows, starting with its market introduction, moving through growth, reaching maturity, and ultimately experiencing decline.