CRM Stands for ________

question 108

Multiple Choice

CRM stands for ________.

• A)consumer relations manager
• B)customer relationship management
• C)communications, retailing, marketing
• D)customized relationship management

Gain insights into lot-for-lot ordering and its implications for material requirements.

Understand the concept of low-level coding and its importance in the bill of materials organization.

Comprehend the role of safety stock in MRP and its impact on inventory management.

Recognize the integration and differences between Just-In-Time (JIT) inventory strategies and MRP.

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Definitions:

Counterproductive Behaviours

Actions by employees that are contrary to an organization's goals, including sabotage, theft, or spreading rumors.

Appraisal Method

An appraisal method is a systematic approach used by organizations to evaluate employee performance and productivity.

Management By Objectives

A strategic management model where employees and managers collaborate to identify and achieve well-defined objectives.

Performance Targets

Specific goals set for employees or departments to achieve within a timeframe, used to measure and encourage productivity and effectiveness.