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Marketing Applications- CRM

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Many people make the mistake of thinking that customer relationship management refers solely to

a)

technology.

b)

strategies.

c)

processes

d)

people

2.

Which of the following is an example of a customer relationship management initiative:

a)

A “frequent-shopper” program

b)

New accounting software

c)

Expansion of the product-development budget

d)

A new bonus system for the sales staff

3.

In the past, customer relationship management was used mainly as a way to

a)

increase customer loyalty.

b)

assist business decision making.

c)

track customer information.

d)

help employees perform more efficiently.

4.

Customers tend to look at a business as a whole despite the number of __________ they experience.

a)

complaints

b)

feedback surveys

c)

touch points

d)

purchases

5.

In the modern business world, a growing number of interactions between businesses and customers are taking place

a)

online

b)

over the phone

c)

in stores

d)

through the mail

6.

Which of the following is no longer a consideration in customers’ buying decisions for many products:

a)

customer service

b)

quality

c)

store location

d)

price

7.

Our economy has shifted from a service economy to a(n) __________ economy.

a)

agricultural

b)

experience

c)

manufacturing

d)

entertainment

8.

A main goal of customer experience management is creating

a)

innovative technology.

b)

higher employee salaries.

c)

new products.

d)

word-of-mouth promotion.

9.

The main difference between customer relationship management and customer experience management is that CRM focuses on

a)

customers

b)

the business itself.

c)

product development

d)

investors

10.

Having clear customer relationship management goals before putting a program into place helps businesses to avoid

a)

having unsatisfied customers

b)

purchasing irrelevant technology.

c)

spending any money.

d)

having to lay off employees.

11.

Which of the following types of information does a company need customer input to obtain:

a)

dates of store visits

b)

suggestions for new products

c)

types of products purchased

d)

amount of money spent

12.

Which of the following is a common customer relationship management practice:

a)

Developing new products

b)

training employees

c)

creating a marketing budget

d)

managing a sales staff

13.

Customer relationship management can help a business to identify its

a)

best-selling products.

b)

most talented employees.

c)

financial strengths and weaknesses.

d)

most valuable customers.

14.

Which of the following is a benefit of customer relationship management:

a)

A work force that does not commit errors

b)

A decrease in customer advocacy

c)

The opportunity to create targeted marketing campaigns

d)

The ability to double the business’s profits

15.

Customer relationship management increases sales and profits by increasing

a)

prices

b)

product quality

c)

customer loyalty

d)

competition

16.

A business’s organizational structure can sometimes have a negative effect on customer relationship management because

a)

the marketing department has the most power.

b)

CEOs don’t like dealing with customers.

c)

customers will only deal with one department.

d)

different departments have different methods.

17.

What component of customer relationship management often “makes or breaks” a business’s program?

a)

processes

b)

people

c)

technology

d)

strategies

18.

When a business communicates customer-centric values and ideals to its employees on a consistent basis, it is developing its

a)

corporate culture

b)

technology

c)

organizational structure

d)

trademarks

19.

A business improves its technology so it can better meet customer wants and needs. This results from a business activity known as

a)

employee training.

b)

organizational structuring.

c)

amplified improvement.

d)

business process management.

20.

When a business evaluates its business processes to make them more efficient and effective, it can improve its relationships with customers. This process is called

a)

employee training.

b)

organizational structuring.

c)

continuous improvement.

d)

business process management.