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Exam (elaborations)

Sales Management-UNIT 4 Latest Premium Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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Preview 3 out of 28 pages

Sales Management-UNIT 4 Latest Premium Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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Sales Management-UNIT 4 Latest Premium
Exam Questions and Answers with Verified
Solutions | Latest Updated 2026



Operational CRM These include the primary activities of
CRM that are
or result in actual interactions with
customers.
Operational CRM relates to integrating
sales,
marketing, and customer support to ensure
that
customer satisfaction is as high as
possible.
Operational CRM focuses on automation
efforts. A
CRM system can automate repetitive tasks
to allow
the sales team to pursue more deals.


Analytical CRM has a substantial data-oriented side as
well,
particularly with the rise of useful CRM
data-
gathering tools. Utilizing the benefits of big
data
(where available), organizations can
accurately
assess who their core consumers are, how
they
behave, what they are looking for, and how
satisfied they are.

,Collaborative CRM involves many parties, including the
customer;
other internal departments such as
finance, sales,
and service; and other interaction points
with
external vendors. From a customer
perspective,
collaborative CRM involves the integration
across
customer interactions and channels with
the
purpose of engaging with the customer in
a
consistent and meaningful way.


Most importantly, organizations Marketing and sales messages are
are individualized to
doing all this to make customers be of interest to the consumer.
happier. The upsides to this from Quality of products is constantly assessed
the and, if
customer point of view are fairly necessary, improved based on customer
significant: behavior.
Customer support assistance is integrated
across a
wide variety of media channels.4


What are four goals of customer Centralizing information to improve
relationship management (CRM) efficiency
systems? Supporting relationships with existing
Choose four answers. customers
Moving new leads through the sales
process
Automating tasks to lower business costs

, Which part of the customer Knowledge discovery
relationship management (CRM) Correct! The knowledge discovery phase
process involves gathering insight involves
about why a customer purchases the extraction of market information from
a all
specific product? customer segments and from all sources
to gather
insights about customers.


Goals and Benefits of CRM Improved efficiency
Customer focus
Data accessibility
Enhanced accountability


Improved efficiency A CRM system organizes information,
records, and
reports and automates, streamlines, and
monitors
workflows and activities quickly. CRM
systems are
also intended to integrate with a broad
range of
company and office platforms in order to
provide
superior flexibility.


Customer focus A CRM system increases a favorable
customer
experience and improves communication
through
tracking the connection of an organization
with
customers on all touchpoints

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