What Is the Difference Between SCM and CRM

question 94

Multiple Choice

What is the difference between SCM and CRM?

• A) CRM records information about products and services; SCM records information about customers
• B) CRM stores and processes transactional information; CRM stores and process business intelligence
• C) SCM manages product information; CRM manages customer information
• D) CRM records and processes operational data; SCM records and processes tactical information

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Definitions:

Socioeconomic Statuses

The social standing or class of an individual or group often measured by education, income, and occupation.

Standardized Intelligence Tests

Tests designed to systematically measure and compare individuals' cognitive abilities in a consistent and controlled manner across a population.

Sprouting

The beginning of growth in plants, referring to the process where new shoots emerge from seeds, extending to similar processes in neurons.

New Memories

The process by which experiences are encoded, stored, and retrieved as fresh mental representations in the brain.