Ask Business Management Expert

Customer Relations: Five discussion questions

(1.) Here is an interesting article from the NY Times about some over-zealous data mining. Based on what you've learned from the Background of this module, please comment. Your response will be evaluated based on how well you integrate material from any part of the Background. I recommend looking at the last sections of the Background: Institutional Resources and Data Mining.

The title is Doctors Object to Drug Data Gathering by Stephanie Saul, NY Times, May 4, 2006.

Premise: Computerized records showing which doctors prescribed which drugs can be very helpful to a pharmaceutical sales rep - but should they be made available to the pharmaceutical companies? Doctors and public officials claim this data mining is intrusive to both doctors and patients. States such as New Hampshire, Arizona and West Virginia have introduced bills prohibiting this practice.

(2.) "A profitable customer relationship is not a one-night stand." -- an author of a book on Loyalty Management. .

Note that this statement is not always true.

(a) When would a business want to develop a relationship with a customer? Give at least one example.

(b) When would a loyalty program be a waste of time? Give at least one example.

Now (very important) explain why you categorized businesses this way. And (for a truly great answer) explain how a business can be profitable without developing relationships with customers.

(3) Managers today can choose a technological approach to decision-making. For example, when designing new products, they can go to a database and do some data mining. When satisfying customers, they can create a technological solution.

For this TD: Present ONE marketing problem and compare a high-tech vs low tech approach to solving it. For instance, you can automate your markeing research - or you can use depth interviews as a low-tech solution. When is each approach appropriate?

Tip: You must use the term "technology" or "information technology" correctly to get an ! Review my Expectations Message and my other emails as well as the Background.

(4) Compare a high-tech AND a low-tech way to deal with frustration and cognitive dissonance.
Give specific examples from your own experience.

You can refer to different products and services, i.e., you can talk about a high-tech way to handle dissonance with cars and a low-tech way for health care, or vice versa.

You'll be evaluated on the logical way you state your position and your understanding of the concept of "technology."

(5) How are current organizations using technology to deal with problem customers and enhance security? Can technology help customers avoid danger, such as identity theft? Or would a low-tech solution be more effectively? For instance, at airports, can we use technology to reduce the hassle of security? Or will we always be dependent on subject face-to-face encounters?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9271752

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 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