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Explain three ways that a CRM system can be used for marketing research.
Average Total Cost
The total cost of production divided by the number of goods produced, showing the average cost per unit.
Raw Materials
The basic, unprocessed materials used in manufacturing or production processes.
Trademarks
Legal designations that protect brand names, logos, and other distinctive signs to distinguish goods or services.
R&D Expenditures
Funds allocated by businesses, governments, or other organizations towards research and development in order to innovate and create new products or improve existing ones.
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