Data Collected on Customer Demographics,sales and Customer Service Histories,and Marketing

question 20

Short Answer

Data collected on customer demographics,sales and customer service histories,and marketing preferences and customer feedback can be easily accumulated through a _________ system and used to better understand customers and provide customized offerings to best serve their needs.

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Definitions:

S Corporation

A type of corporation that meets specific Internal Revenue Code requirements, allowing profits to be passed directly to shareholders and avoid double taxation.

Delaware

A U.S. state known for having favorable corporate laws, making it a popular jurisdiction for forming corporations.

Partnership

A voluntary association between two or more people who co-own a business for profit.

Share Classes

Categories of stock in a company, each with different rights, privileges, and restrictions.