CRM Software Is Useful Because Customer Information Is Most Likely

question 11

Essay

CRM software is useful because customer information is most likely:
A)shared with competitors
B)available to many people in the company
C)stored locally on the salesperson's computer
D)updated automatically by the CRM provider
E)changed only with the approval of a supervisor

• A)shared with competitors
• B)available to many people in the company
• C)stored locally on the salesperson's computer
• D)updated automatically by the CRM provider
• E)changed only with the approval of a supervisor

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Definitions:

Proprietorship

Proprietorship, also known as a sole proprietorship, is a business owned and operated by one individual, where there is no legal distinction between the owner and the business entity.

Personal Assets

Assets owned by an individual, including property, cash, and investments, that are not associated with any business activities.

Total Liabilities

The sum of all financial obligations or debts that a company has incurred and is responsible for repaying.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of the company's shareholders or owner.