Using CRM Systems to Create One-To-One Relationships with Customers for Specific

question 2

Short Answer

Using CRM systems to create one-to-one relationships with customers for specific promotions is an example of ____________________ marketing.

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Definitions:

Economic Rents

Earnings in excess of the minimum amount required to keep a factor of production in its current use.

Aggregate

A total or combined amount, level, or sum of different components, often used in economics to describe collective economic indicators.

Equilibrium

A state in a market where supply equals demand, and there are no external forces prompting change.

Farmland

Land used for farming and agricultural production.