Which of the Following Requires Organizations to Gather Information About

question 66

Multiple Choice

Which of the following requires organizations to gather information about customer needs,share that information throughout the entire firm,and use that information to help build long-term relationships with customers?

• A)Customer relationship marketing
• B)Customer relationship management
• C)Marketing concept
• D)Market orientation
• E)Sales orientation

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Definitions:

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Ratio

A mathematical expression that compares two quantities and shows the relative size of one quantity to the other.

Original Ratio

Original ratio refers to the initial proportional relationship between two or more quantities before any changes are made.

Partnership

A lawful business structure where two or more people jointly manage and share the earnings.