In the Realm of Customer Relations,________ Includes Continually Changing in Order

question 72

Multiple Choice

In the realm of customer relations,________ includes continually changing in order to connect with customers,even without waiting for customers to make the first move.

• A)continuous integration
• B)continuous improvement
• C)value chain analysis
• D)customer exchange
• E)total quality management

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Definitions:

Departmental Profit

The profit generated by a specific department within a company after direct costs and expenses related to the department are subtracted from its revenue.

Total Assets

The sum of all owned resources with economic value that a company possesses, which can contribute to its future revenue.

Operating Expenses

Costs associated with a company's main operational activities, excluding the cost of goods sold.

Profit Centers

Divisions or segments of a company that are responsible for generating their own revenue and profit, with their performance measured based on profitability.