Combining POS and CRM Systems Can Act as a Strong

question 12

True/False

Combining POS and CRM systems can act as a strong support for strategic decision making within service and hospitality organizations.

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Definitions:

Investment

The process of distributing funds or other resources with the goal of earning returns or profits.

Interest

The cost of borrowing money or the profit from lending money, usually expressed as a percentage rate over the period of one year.

Months

Units of time used in calendars that approximate the period required for the moon to complete its orbit around the Earth, commonly divided into 12 periods in a year.

Term Deposit

A bank deposit that has a fixed term and typically offers a higher interest rate, with the condition that the funds cannot be accessed until the term ends.