Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Marketing Management Expert

Question: Should have one reference used and properly in APA formatted. This means you should have in-text citations and a reference at the end of your discussion that conforms to the APA formatting guidelines.

Tips: In the first paragraph, include an introduction to what you will be discussing. In the subsequent paragraphs, answer each question in the discussion prompt. In the last paragraph, provide a summary of what was discussed. Include key terms and concepts in your initial discussion response. Include the text book and other academic resources. Those resources should be cited in your well-developed response. Remember to include examples and real world experiences to demonstrate your understanding of the concepts.

Part 1: Chapter 2 describes how firms use Customer Relationship Management (CRM) to help manage their relationships with their customers. CRM systems provide information via a central database to coordinate all of the business processes that deal with customers. CRM systems insure that sales, marketing and customer service always have the same, up-to-date information on each and every customer. Such CRM systems optimize revenue, customer satisfaction, and customer retention.

Pretend that you are opening up a new restaurant in your neighborhood. Describe how you would use digital technology including an outstanding customer database to maximize the relationships with your customers. Explain how you would use digital technology to provide personalized communications, such as email and a website to maintain an ongoing and meaningful dialogue with each and every one of your customers.

How could you customize your database in order to ensure that customers would be included by your establishment in their special occasions like anniversaries, birthdays, graduations, etc.? What could you do in order to obtain personal information from your customers - like email addresses, and feedback on menu items to continuously feed that database?

Think out of the box - for example, could you develop a digital process whereby you could remind customers what foods they ordered the last time they were in your restaurant? What other personal things could you do to develop repeat business?

Part 2: Each year Training Magazine celebrates organizations that have excelled at employee training and development. Visit their website. Review the list of organizations recognized for excellence in training and development. Choose a company and conduct a Web search to locate information about the company's training and development approach. Answer the following questions:

What elements of the company's training and development program did you find most attractive? Explain your rationale. Based on the evidence presented in Chapter 1 and the Suggested Readings, the organizations celebrated for excellence in training and development applied elements of the open system model when designing their programs.

What is an open system?

What are the major benefits of using an open system approach to training program development?

In your opinion, are there any negatives associated with using an open system approach when developing a training program? Explain.

How might the acquired knowledge of an open system approach be useful as you begin preparations for developing your training program?

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M92720070
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Marketing Management

Question case studies are an important learning strategy in

Question: Case studies are an important learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your critical ...

Question 1 can you identify some products or services that

Question: 1. Can you identify some products or services that the government restricts or regulates the marketing of to the public? What are the restrictions and why do they exist? 2. As a marketing or public relations pr ...

Assessment descriptionyou are the marketing development

Assessment description You are the Marketing Development Team of a global organisation. Your team is to plan for an integrated marketing communications launch of a new product. You are required to 1. Choose a brand categ ...

Question you will research the various elements of the

Question: You will research the various elements of the marketing plan as it relates to this company. In Unit VI you will provide a comprehensive discussion of the promotion strategies of your company. Promotion This sec ...

Assessment 1 - projectthis assessment consists of 3 parts

ASSESSMENT 1 - PROJECT This assessment consists of 3 parts, Part A, B and C. Part A: You are required to choose a product or service; research the existing market environment; and develop a marketing strategy for your ch ...

Assignment descriptionprimary task response within the

Assignment Description Primary Task Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future ...

Question strategic marketing planintroductionthis

Question: STRATEGIC MARKETING PLAN INTRODUCTION This assignment entails development of a comprehensive strategic marketing plan for a new product or service that is ready to "go to market". A Project Template is provided ...

Question 1 what makes a good advertisement2 are adverts

Question: 1. What makes a good advertisement? 2. Are adverts still relevant given the emphasis now on Integrated Marketing Communication? The response must be typed, single spaced, must be in times new roman font (size 1 ...

Question respond to your discussion topics after you have

Question: Respond to your Discussion topics after you have completed your reading. As one of the more popular tools in marketing research, surveys have become automated. These on-line surveys address various types of dat ...

Learning outcomethe completion of this assignment requires

Learning Outcome The completion of this assignment requires you to demonstrate the ability to: - Demonstrate from relevant research literature, a sound understanding of contemporary perspectives of the strategic role of ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As