Question you work for dinch plumbing supply your customers, Ask an Expert

Economics

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.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92582976

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question what is the maximum amount you would be willing to

Question: What is the maximum amount you would be willing to lend someone if they promise to give you $1000 per month for 52 months and your MARR is 12%? The response must be typed, single spaced, must be in times new ro ...

Question discuss and analyze the following even though

Question: Discuss, and analyze the following: "Even though fixed costs do not affect the output decision, an increase in fixed costs results in a wider range of prices for which the firm operates at a loss." The response ...

Question analyze how a non-income determinant of aggregate

Question: Analyze how a non-income determinant of aggregate demand affects GDP. Choose and analyze one of the below GDP components and associated non-income determinants of aggregate demand: • Consumption -- Net Wealth ( ...

Question a construction company is building an airport that

Question: A construction company is building an airport that would cost $500 million to build and cost nothing to maintain. The airport sets the price to maximize profit. A Table of the price and number of flights is giv ...

Question like supermarkets full-service department stores

Question: Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were importan ...

Question 1 mainstream american culture is largely based on

Question: 1. Mainstream American culture is largely based on the traditions of another culture. Which culture? Why? What are some elements of our culture that provide evidence of this influence? 2. Describe the role of e ...

Question the us economy did not have any increase in the

Question: The US economy did not have any increase in the core rate of inflation in 1999-2000 with the economy at full employment; instead, it had a stock market bubble. Many people subsequently held Alan Greenspan and t ...

Question imagine that there is an adverse supply shock draw

Question: Imagine that there is an adverse supply shock. Draw a graph depicting the adverse supply shock, and explain what it means for an economy (in terms of prices and output). The response must be typed, single space ...

Question the market process the forces that bring us closer

Question: The market process (the forces that bring us closer to equilibrium) is said to solve the knowledge problem. What is the knowledge problem? What aspects of markets help to mitigate the knowledge problem? Provide ...

Question the initial price of a cup of coffee is 1 and at

Question: The initial price of a cup of coffee is $1, and at that price, 400 cups are demanded. If the price falls to $0.90, the quantity demanded will increase to 500. a) Calculate the (arc) price elasticity of demand f ...

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

Recent Questions

Ask Microeconomics Expert