Question: management information system question Understanding customers, their behaviour and their individual requirements can draw competitive advantage towards a business. A Customer Relationship Management (CRM) system

management information system question

management information system question Understanding customers, their behaviour and their individual requirements

Understanding customers, their behaviour and their individual requirements can draw competitive advantage towards a business. A Customer Relationship Management (CRM) system as part of a Management Information Systems play a major role in tracking and analyzing such important data and information. i. Explain the benets of a CRM_systern with examples. (10 marks) ii. Explain how a business can design more attractive service packages. promotions and loyalty programmes with insights generated through a CRM system. {15 marks) {Total 25 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!