BDC1 Chapter 8 – Flashcards

Unlock all answers in this set

Unlock answers
question
Information for CRMs is captured from all customer touch-points, such as telephone, fax, email, the company's website, retail stores and personal contact.
answer
True
question
According to the text, the three enterprisewide operations: customer relationships, resource planning, and supply chain, all share one common goal: to increase profits.
answer
False
question
According to the text, is easier than ever for customers to comparison-shop and, with a click of the mouse, to switch companies. As a result, customer relationships have become a company's least valued asset.
answer
True
question
In a survey of senior management satisfaction with 25 management tools, CRM ranked near top in satisfaction.
answer
False
question
PRM applications apply many of the same tools used in CRM systems to enhance collaboration between a company and its business partners.
answer
True
question
According to the textbook case, in the past at capital one and address change required to HR specialists to sign off on the change.
answer
False
question
According to the textbook case, capital one ERP system is accessible to employees in some business partners through web portal.
answer
True
question
According to the textbook case, Telefonica TSAI tapped into the sizable market of smaller businesses by offering free EDI service.
answer
False
question
According to the text case, CVS's store level consumption is monitored via Web extranets and then replenished to an agreed-upon service-level.
answer
True
question
According to the textbook case, and web-based SCM allows modern plastics technology to monitor its customers needs on a real-time basis.
answer
True
question
Blank relationships have become a company's most valued asset.
answer
Customer
question
According to the real world case, blank CRM files is/are preferable to blank CRM files.
answer
A single customer master; multiple customer master
question
In major reason for the highway rate of failure or dissatisfaction with CRM initiatives is?
answer
Lack of understanding and preparation
question
All of the following are examples of the business value of analytical CRM except?
answer
Synchronizes customer interactions consistently across all channels
question
What do Microsoft, Coca-Cola, Cisco, Eli Lily, alcoa, and Nokia have in common?
answer
They all implemented a transactional backbone called ERP
question
According to the textbook case, Colgate - Palmolive embarked on an implementation of SAP R/3 to accomplish all of the following except?
answer
Reduce shipping time
question
When ERP systems can break down departmental and functional walls of business processes, it results in a more flexible organizational structure, managerial responsibilities, and work roles. This describes the key business benefit of?
answer
Enterprise agility
question
The inter-relationships with suppliers, customers, distributors, and other businesses that are needed to design, build, and selling product make up a network of business entities, relationships, and processes called a blank?
answer
Supply chain
question
Committing to delivery dates in real time is an outcome of the blank SCM function.
answer
Collaborative fulfillment
question
Giving customers what they want, when and how they wanted, the lowest cost or the customer value goals of?
answer
Supply chain management
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New