In the United States,CRM Programs Are Run in

question 12

Multiple Choice

In the United States,CRM programs are run in

• A)state governments
• B)federal agencies
• C)academic institutions
• D)private consulting firms
• E)all of the above

---

Definitions:

Payback Period

The amount of time it takes for an investment to generate an amount of income or cash flows to recover the initial capital outlay.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business, measuring financial health.

Initial Cost

The acquisition cost of an asset or investment, covering all expenses involved in making the asset operational, including purchase price, installation, and setup.

Payback Period

The time required for an investment to generate income or profits equal to the original cost of investment.