Customer Relationship Management Focuses Only on Retaining Existing Individual Customers

question 37

True/False

Customer relationship management focuses only on retaining existing individual customers.

Recognize the significance of sustainability reporting in organizations.

Understand the concept and application of private environmental costs.

Comprehend the use and importance of ISO standards in environmental performance management.

Distinguish between various types of environmental performance indicators.

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Definitions:

Voltage

The measure of electrical potential difference between two points in a circuit, driving current from places of high potential to low potential.

Synchronous Motor

An AC motor that operates at a speed synchronized with the frequency of the supply current; its rotor speed matches the frequency of the stator's rotating magnetic field.

Induction Motor

An induction motor is a type of electric motor that operates on the principle of electromagnetic induction, where the rotating magnetic field induces current in the rotor.

Squirrel-Cage Induction Motors

A type of induction motor characterized by a rotor design resembling a squirrel cage, widely used due to its simplicity and durability.