For a CRM System to Be Effective,customer Information Must Be

question 75

True/False

For a CRM system to be effective,customer information must be stored in a data matrix.

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Definitions:

Niches

Specific, targeted segments of a market where businesses can focus their products or services to meet specific consumer needs.

Consumer Income

The total earnings of a consumer, influencing their purchasing power and consumption habits.

High-Quality Products

Goods that exceed the standard expectations in performance, durability, and reliability.

Eating Out

Refers to the activity of dining in restaurants or other food establishments rather than at home.