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What else can I help you with?
Importance of customers?
Most organizations or businesses exist because of customers, and for customers. Customers support the organization financially. Good customer service is important because the service received is a reflection of the business.
Is customer relationship management beneficial?
Yes, customer relationship management is important because it helps a business retain customers. For businesses, it is easier to retain customers than it is to attract new customers.
Why confidentiality and security are important when dealing with callers?
Confidentiality is important because customers wouldn't purchase from companies they can't trust. With increased securities, businesses can keep their customers.
What percentage of the customers leave companies each year because of bad customer service?
68%
Should a company become a customer-focused business Why or why not?
Most businesses should be customer-centered because it will help them attract loyal customers. With loyal customers, they can maximize their profits for their shareholders.
Why business ethics is so important?
Business ethics are important because managers want customers to purchase their products. When customers think businesses aren't ethical, they tend to avoid purchasing from them.
Why do businesses create websites?
Because it's a quick and easy way for potential customers to find them, find out about them, and is a chance for them to advertise. Also, it provides quick contact for customers, employees and others.
Social responsibility of a business management to society?
Businesses have a social responsibility to act ethically. When businesses act ethically, they are able to increase their profits because more customers will choose to purchase from them.
Why did many businesses fall during the Great Depression?
Profits were down because customers had no money.
Where is a good business location?
The best business location is always one near other businesses. This is because you will have allies in bringing in customers.
Why limiting import is detrimental to domestic customers?
Limiting imports impact domestic customers because they have less selection of products, as well as less competition. A lack of competition can cause higher prices since businesses have little incentive to keep prices low when there are fewer businesses to compete with.
What businesses send out postcards and where do they get the addresses?
Some businesses choose to send out postcards because they help attract more customers to their company. They may have gotten an address from a form you filled out, or information you have given to them in the past.
