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The complete data on a customer is called _____________.


A) a profile
B) a record
C) a 360-degree view
D) a file
E) a consolidated customer map

F) B) and C)
G) A) and E)

Correct Answer

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Which of the following statements about loyalty programs is false?


A) Loyalty programs work when there is a high frequency of repeat purchases.
B) Loyalty programs work when there is little personal customization.
C) The purpose of loyalty programs is to influence future behavior.
D) The purpose of loyalty programs is to reward past behavior
E) Loyalty programs are a customer-touching application.

F) None of the above
G) C) and D)

Correct Answer

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Haya noticed that college students needed to dress up for presentations but never seemed to have any ties, or at least not very nice ones. She decided she was going to set up a tie store on her campus and offer sports themed ties as well as solid colored ties in her school colors. Sales are going well and she needs to decide how many ties to order of each color and sport. To help her with this decision, she turns to ______________


A) on-demand CRM.
B) her operational CRM.
C) her analytical CRM.
D) her mobile CRM.

E) B) and C)
F) All of the above

Correct Answer

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Haya noticed that college students needed to dress up for presentations but never seemed to have any ties, or at least not very nice ones. She decided she was going to set up a tie store on her campus and offer sports themed ties as well as solid colored ties in her school colors. She can put an announcement on the school's monitors that would display in the dining halls and student union. Haya begins to notice that her sports ties are selling really well. Which of the following should be her next step?


A) Target marketing campaigns
B) Cross-sell
C) Insights into her products
D) Customer profitability analysis

E) C) and D)
F) A) and B)

Correct Answer

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_____ is the component of an operational CRM system that automatically records all the aspects in a sales transaction process.


A) Inbound telesales
B) Outbound telesales
C) Sales team efforts
D) Sales force automation
E) The customer help desk

F) None of the above
G) A) and E)

Correct Answer

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You are in the market for a small economy car. The salesperson has you drive the economy car, and then hands you the keys to a mid-sized car of the same brand for you to drive. The salesperson is engaged in ____________.


A) up-selling
B) cross-selling
C) bundling
D) customer relationship management
E) customer intimacy

F) B) and C)
G) None of the above

Correct Answer

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Haya noticed that college students needed to dress up for presentations but never seemed to have any ties, or at least not very nice ones. She decided she was going to set up a tie store on her campus and offer sports themed ties as well as solid colored ties in her school colors. She has built up a fairly good clientele and is wondering what else she can do to sell and keep in touch with her customers. Her friend Nitesh offers to build her a mobile CRM app. She first needs to think about what a mobile CRM app could do for her. Which of the following is not an activity a mobile CRM would do for her business?


A) Send a coupon to a loyal customer when they are near her tie store.
B) Allow customers to order a tie and pay for it.
C) Join her loyalty program.
D) Do customer profitability analysis

E) B) and C)
F) None of the above

Correct Answer

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The benefits of open-source CRM include all of the following except:


A) It is easy to customize.
B) It is favorably priced.
C) It has more functionality than in-house CRM systems.
D) It updates data and fixes errors rapidly.
E) It has extensive support information.

F) B) and C)
G) A) and E)

Correct Answer

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One problem with interacting with customers over the Web is that the company does not have an opportunity to make a good first impression in person.

A) True
B) False

Correct Answer

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Which of the following is not a customer touch point?


A) telephone contact
B) e-mail
C) Web sites
D) customer visits to a store
E) none of the above - all are touch points

F) B) and E)
G) C) and E)

Correct Answer

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Haya noticed that college students needed to dress up for presentations but never seemed to have any ties, or at least not very nice ones. She decided she was going to set up a tie store on her campus and offer sports themed ties as well as solid colored ties in her school colors. The sports themed ties are a little more expensive than the solid colored ones. When someone comes in and seems to be leaning towards a solid colored tie, she makes sure explains the additional "jazz" that comes from wearing a sports themed tie. This is called_________


A) upselling
B) cross-selling
C) bundling
D) customer intimacy

E) B) and C)
F) A) and B)

Correct Answer

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Properly designed CRM systems provide a single, enterprise-wide view of each customer.

A) True
B) False

Correct Answer

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Collaborative CRM systems provide interaction with customers throughout the entire organization.

A) True
B) False

Correct Answer

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The sales, marketing, and service functions are part of ____________.


A) CRM
B) analytical CRM
C) operational CRM
D) collaborative CRM
E) Transactional CRM

F) D) and E)
G) C) and E)

Correct Answer

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Which of the following is the most important enabler of the 360-degree view of the customer across an organization?


A) The organization's database
B) The organization's data warehouse
C) The organization's CRM systems
D) The organization's collaborative CRM systems
E) The organization's analytical CRM systems

F) A) and E)
G) B) and D)

Correct Answer

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_____ systems study customer behavior and perceptions to provide business intelligence.


A) CRM
B) Collaborative CRM
C) Operational CRM
D) Analytical CRM
E) Transactional CRM

F) C) and E)
G) A) and B)

Correct Answer

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Electronic CRM applications are considered to be which type of CRM application?


A) Inbound telesales
B) Customer-touching
C) Outbound telesales
D) Sales
E) Customer-facing

F) C) and D)
G) None of the above

Correct Answer

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Haya noticed that college students needed to dress up for presentations but never seemed to have any ties, or at least not very nice ones. She decided she was going to set up a tie store on her campus and offer sports themed ties as well as solid colored ties in her school colors. She can put an announcement on the school's monitors that would display in the dining halls and student union. Which of the following customer touch points will give Haya the most information after her first weekend of selling?


A) Communication she sends via smart phones.
B) She should build a Web site before she begins to sell on campus.
C) She should send an e-mail to all students on campus.
D) She should put a flyer in every mail box on campus.
E) She should physically interact with customers when they visit her store.

F) C) and D)
G) B) and E)

Correct Answer

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Which of the following statements concerning customer relationship management is false?


A) CRM is a customer-driven strategy.
B) CRM constitutes a specific use of technology.
C) Building long-term relationships with customers creates value for the organization.
D) It costs more to bring a customer back from a competitor than it does to keep him or her satisfied in the first place.
E) The basic concept behind CRM is to treat different customers differently.

F) A) and B)
G) B) and C)

Correct Answer

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Which of the following allows customers to connect to a company representative and conduct an instant messaging session?


A) information help desk
B) live chat
C) customer interaction center
D) teleconference
E) videoconference

F) D) and E)
G) A) and B)

Correct Answer

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