In a Customer Relationship Management (CRM) System, Which of the Following

question 66

Multiple Choice

In a customer relationship management (CRM) system, which of the following is effective in tracking and analyzing customers' buying patterns?

• A) Web portals
• B) Data-mining tools
• C) Extranets
• D) Firewall networks

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Definitions:

Cost Recovery Deductions

Deductions that allow for the recovery of the cost of certain property over time, often through depreciation or amortization.

Schedule C

A financial document utilized by individual business owners to declare their business's earnings or deficits.

Deductible Expenditure

An expense that can be subtracted from gross income to reduce taxable income, often related to business or specified personal expenses.

Travel Expense Deduction

Tax deductions allowed for expenses incurred while traveling for business purposes.