Business Organizations Are Recognizing the Value of Sales Data and Are

question 50

Multiple Choice

Business organizations are recognizing the value of sales data and are purchasing software solutions to gather, maintain, and use these data to provide better service and promote customer loyalty.These software solutions are called:

• A)Customer relations data solutions
• B)Customer relationship management solutions
• C)Sales data management solutions
• D)none of the above

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Definitions:

Common Ratio

The common ratio in a geometric sequence is the constant factor between consecutive terms.

Geometric Sequence

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.

Geometric Sequence

An ordered list of numbers in which every term succeeding the initial one is obtained by multiplying the preceding term by a constant, non-zero value known as the ratio.

Nth Term

The term located at position n in a sequence, where n represents a particular position number.