100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

MGMT300 Customer Care & Relationship Management Comprehensive Finals Test (Qns & Ans)

Rating
-
Sold
-
Pages
37
Uploaded on
12-02-2025
Written in
2024/2025

MGMT300 Customer Care & Relationship Management Comprehensive Finals Test (Qns & Ans)MGMT300 Customer Care & Relationship Management Comprehensive Finals Test (Qns & Ans)MGMT300 Customer Care & Relationship Management Comprehensive Finals Test (Qns & Ans)

Show more Read less











Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
February 12, 2025
Number of pages
37
Written in
2024/2025
Type
Exam (elaborations)
Contains
Unknown

Subjects

Content preview

MGMT300

Customer Care & Relationship Management

Comprehensive Finals Test (Qns & Ans)

2025



1. Which of the following strategies is most effective in building
long-term customer relationships?
- A. Offering frequent discounts
- B. Providing personalized customer service
- C. Implementing a strict return policy
- D. Conducting aggressive sales calls


ANS: B. Providing personalized customer service

©/2025

, Rationale: Personalized customer service helps build long-
term relationships by addressing individual customer needs and
preferences, enhancing customer satisfaction and loyalty.


2. What is the primary goal of customer relationship
management (CRM) systems?
- A. Increasing operational costs
- B. Enhancing customer satisfaction and retention
- C. Reducing product quality
- D. Limiting customer interactions


ANS: B. Enhancing customer satisfaction and retention
Rationale: The primary goal of CRM systems is to enhance
customer satisfaction and retention by managing and analyzing
customer interactions and data throughout the customer lifecycle.


Fill-in-the-Blank Questions
3. The __________ is a metric that measures the likelihood of
customers recommending a company's products or services to
others.


ANS: Net Promoter Score (NPS)


©/2025

, Rationale: The Net Promoter Score (NPS) is a metric that
measures the likelihood of customers recommending a company's
products or services to others, providing insights into customer
loyalty and satisfaction.


4. In customer relationship management, __________ involves
analyzing customer data to identify patterns and insights that can
inform business decisions.


ANS: data mining
Rationale: Data mining involves analyzing customer data to
identify patterns and insights, helping businesses make informed
decisions and improve customer relationships.


True/False Questions
5. True or False: Customer satisfaction surveys are an effective
tool for gathering feedback and identifying areas for
improvement.


ANS: True
Rationale: Customer satisfaction surveys are an effective tool
for gathering feedback from customers and identifying areas for
improvement, helping businesses enhance their products and
services.


©/2025

, 6. True or False: Cross-selling involves offering additional
products or services to existing customers based on their previous
purchases.


ANS: True
Rationale: Cross-selling involves offering additional products
or services to existing customers based on their previous
purchases, helping to increase sales and improve customer
satisfaction.


Multiple Response Questions
7. Which of the following are key components of a successful
customer care strategy? (Select all that apply)
- A. Timely response to customer inquiries
- B. Clear communication
- C. Rigid and inflexible policies
- D. Empathy and understanding


ANSs: A, B, D
Rationale: Key components of a successful customer care
strategy include timely response to customer inquiries, clear
communication, and empathy and understanding. Rigid and
inflexible policies can hinder customer satisfaction.


©/2025

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
ClemAcademia Walden University
View profile
Follow You need to be logged in order to follow users or courses
Sold
112
Member since
2 year
Number of followers
24
Documents
4337
Last sold
1 week ago
ClemAcademia

Hi, I'm a former nursing student who loves to share my knowledge and help others succeed. On this account, you'll find my past study notes and papers for nursing and other programs that I've taken or reviewed. They are high-quality, well-organized and easy to understand. Whether you need a quick refresher, a detailed explanation or a sample essay, I've got you covered. Plus, they are all infused with my sense of humor and personality, so you won't get bored while studying. Trust me, you'll be glad you bought them!

Read more Read less
3.7

16 reviews

5
9
4
1
3
2
2
0
1
4

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions