Chapter 11 – IS290

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What is operational CRM?

supports traditional transactional processing for day-to-day front-office operations or systems that deal directly with the customers

What is analytical CRM?

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

What is supplier relationship management?

focuses on keeping suppliers satisfied by evaluating and categorizing suppliers for different projects, which optimizes supplier selection

What is partner relationship management?

focuses on keeping vendors satisfied by managing alliance partner and reseller relationship that provide customers with the optimal sales channel

What is employee relationship management?

provides employees with a subset of CRM applications available through a web browser

CRM allows an organization to accomplish all of the following except:

complicate marketing and sales processes

What can analytical CRM modeling tools discover?

identify opportunities for expanding customer relationships, cross-selling, and up-selling

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

analytical CRM

Which of the following represents operational CRM?

supports traditional transactional processing, day-to-day front-office operations, and operations that deal directly with the customer

Which of the following is the first CRM implementation strategy?

clearly communicate the CRM strategy

Which of the following is NOT a CRM industry best practice?

implement using the big-bang approach

Who did business 2.0 rank as number one in the top 50 people who matter most in business?

customer

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