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_____ Is the Use of Technologies to Establish, Develop, Maintain

question 3

Multiple Choice

_____ is the use of technologies to establish, develop, maintain, and optimize relationships with customers by focusing on the understanding of needs and desires.

Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more precise financial planning and analysis.

Administrative Expenses

Costs related to the general operation of a company, including expenses such as rent, salaries of administrative staff, and office supplies.

Patient-Visits

A measure used in healthcare to quantify the number of encounters a patient has with medical professionals.

Spending Variance

is the difference between the budgeted amount of expenses and the actual amount spent.