Exam 12: Customer Relationship Management

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Analytical CRM systems provide front and back-end support for sales and marketing.

(True/False)
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A good CRM system can automate all the customer relationships.

(True/False)
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CRM stands for "Customer Reporting Management."

(True/False)
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CRM systems provide unique, real-time experiences to the consumers based on their ________; namely, their physical location and current needs.

(Multiple Choice)
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When implementing CRM, there must be ________ not only from management but also from individual users and departments.

(Multiple Choice)
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CRM systems lack integration with the enterprise wide data collection and analysis systems.

(True/False)
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The hardware requirements document will outline what the new CRM system capabilities should be. So this is a crucial document in the CRM implementation.

(True/False)
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Allowing customers to obtain information via Internet-based inquiries helped organizations to scale up their call center operations.

(True/False)
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One key concern about hosted CRM applications is that they do occasionally experience downtime and this can really hurt the company whose application is hosted.

(True/False)
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Every CRM system is unique and must be ________ to the needs of the organization.

(Multiple Choice)
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In CRM systems, a customer file is started from an initial point of ________, whether it is a phone call inquiry or a purchased lead.

(Multiple Choice)
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The growth in data being generated by web-driven business has been a driver for data mining and analytics functionality.

(True/False)
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True CRM brings together information from all the ________ sources within an organization.

(Multiple Choice)
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A recent Gartner study showed that ________ percent of all CRM initiatives fail.

(Multiple Choice)
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What might a typical CRM architecture look like? What factors should be taken into consideration when designing a CRM architecture?

(Essay)
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The focus of ________ technology is on facilitating better communication between a customer and a telephone operator.

(Multiple Choice)
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As opposed to an ERP system, CRM systems provide support for ________ functionality such as marketing, sales, and customer service.

(Multiple Choice)
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Internet technologies are not very useful for collecting consumer data.

(True/False)
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CRM systems made personalized marketing and customized promotions more feasible.

(True/False)
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CRM should be viewed as a strategic business solution and not a ________ solution.

(Multiple Choice)
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