Which Question Below Represents a CRM Predicting Technology Question

question 250

Multiple Choice

Which question below represents a CRM predicting technology question?

• A)Why did sales not meet forecasts?
• B)What customers are at risk of leaving?
• C)What is the total revenue by customer?
• D)All of these are correct.

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Definitions:

Check Clearing

The process of transferring funds from the check writer's account to the recipient's account, finalizing the payment.

Compensating Balance

A minimum account balance that a borrower is required to maintain as a condition for obtaining a loan, it compensates the bank by offsetting the cost of providing the loan.

Effective Interest Rate

The interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest payable in arrears.

Effective Interest Rate

The actual annual interest rate that takes compounding into account, providing a more accurate representation of the cost of borrowing.