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Question: You work for Dinch Plumbing Supply. Your customers tend to be of two types:
1. Plumbers and plumbing companies who buy in large quantities, know exactly what they want, and insist on competitive prices or they'll go elsewhere, and
2. Individuals who buy less at a time and need help, but are less price sensitive and tend to be loyal if they can get the help they need. About 80% of your $25 million annual revenue comes from plumbers, but about 80% of your customers by count are individuals.
a. Describe an operational CRM system that this business could use. State its benefits.
b. Describe an analytical CRM system that this business could use. State its benefits.
Both economics and computer science question. Management of information systems.
Globalization is becoming very important in economic discussions. While some politicians favor protectionist policies because they feel these policies protect domestic producers, others claim free trade increases economic activity and has advantag..
The League of Big States (LBS) has in?ation expectations of 5% and an estimated natural rate of unemployment of 5%. A 2% rise (fall) in unemployment leads to a 1% fall (increase) in in?ation. What is in?ation when unemployment equals 5%?
In an economic context, which of the following accurately explain the term "velocity?" Accurate descriptions of velocity. Not descriptive of velocity.
After estimating the forecast for year 6, compute the seasonality index for each month of the year and estimate the monthly demand for year 6.
Consider the impact of the following on the marginal efficiency of capital and related optimal health stock (include a graph in your explanation): Rather than having stopped school with a high school diploma, by age 22 Poppy obtained an undergraduate..
Due to the housing bubble. Many houses are not selling for much less than their selling price just two to three years ago. There is evidence that homeowners with virtually identical houses tend to ask for more if they paid more for the house. What fa..
Predict the type of long-term care needed as the 21st Century America advances in age. Defend or critique the type of care patients obtain in private nursing homes as compared to public institutions or in-home care.
a bookstore opens across the street from the university book store ubs. the new store carries the same textbooks but
Removing rough edges
Assume that someone told you that an increase in price of DVD players caused the decrease in demand for DVDs. Is this what you would predict? Why or why not?
Determine whether demand is elastic, inelastic, or unit elastic with respect to its own price and whether Good Y is a substitute or a complement with respect to Good X.
Construct a segmented bar graph for these data. Which graphing method-the pie chart or the seg- mented bar graph-do you think does a better job of conveying information about response? Explain.
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