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Which of the below metrics represents the frequency of inventory replacement?


A) Back order
B) Inventory cycle time
C) Customer order cycle time
D) Inventory turnover

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

Correct Answer

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CRM predicting technologies help organizations identify their customers across other applications.

A) True
B) False

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Contact management falls under the category of the customer service department's CRM tools.

A) True
B) False

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What is the key word in ERP?


A) Enterprise
B) Resource
C) Planning
D) All of the above

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

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Demand planning systems generate demand forecasts using statistical tools and forecasting techniques,so companies can respond faster and more effectively to consumer demands through supply chain enhancements.

A) True
B) False

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The bullwhip effect occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

A) True
B) False

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___________ management systems guide users through marketing campaigns performing such tasks as campaign definition,planning,scheduling,segmentation,and success analysis.

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What is the primary difference between contact management and opportunity management?


A) Contact management deals with new customers,opportunity management deals with existing customers
B) Contact management deals with existing customers,opportunity management deals with existing customers
C) Contact management deals with new customers,opportunity management deals with new customers
D) Contact management deals with existing customers,opportunity management deals with new customers

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

Correct Answer

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Click-to-talk functions,which allow customers to click on a button and talk with a representative via the Internet.

A) True
B) False

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Which of the following was one of the first CRM components built to address the issues that sales representatives were struggling with the overwhelming amount of customer account information they were required to maintain and track?


A) Sales management system
B) Contact management system
C) Opportunity management system
D) Sales force automation system

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

Correct Answer

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What does supply chain management involve?


A) The management of production material flows between and among stages in a supply chain to maximize total supply chain efficiency
B) The management of information flows between and among stages in a supply chain to maximize total supply chain costs
C) The management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability
D) None of the above

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

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Integrations provide enterprisewide support and data access for a firm's operations and business processes.

A) True
B) False

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Which of the following represents operational CRM?


A) Supports traditional transactional processing
B) Supports day-to-day front-office operations
C) Supports operations that deal directly with the customers
D) All of the above

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

Correct Answer

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Supply chain planning systems use advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory.

A) True
B) False

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Distribution of products flow from customers and their _____________ customers at all levels.

Correct Answer

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What automates each phase of the sales process,helping individual sales representatives coordinate and organize all of their accounts?


A) Sales management CRM systems
B) Contact management CRM systems
C) Opportunity management CRM systems
D) None of the above

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

Correct Answer

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What supports back-office operations and strategic analysis and includes all systems that do not deal directly with the customers?


A) Analytical CRM
B) Operational CRM
C) Website Personalization
D) All of the above

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

Correct Answer

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Collaborative ___________ planning helps organizations reduce their investment in inventory,while improving customer satisfaction through product availability.

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CRM predicting technologies help organizations predict customer behavior,such as which customers are at risk of leaving.

A) True
B) False

Correct Answer

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What made-to-order views can analytical CRM tools slice-and-dice customer information into?


A) Customer value
B) Customer spending
C) Customer segmentation
D) All of the above

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

Correct Answer

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