Author Question: Explain the social customer relationship management (CRM) process. What will be an ideal ... (Read 55 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
Explain the social customer relationship management (CRM) process.
 
  What will be an ideal response?

Question 2

The bargaining power of ________ is one of the five competitive forces in Porter's five forcesmodel.
 
  A) investors
  B) competitors
  C) employees
  D) customers



jjorrostieta

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

Social CRM is a dynamic, social media-based CRM process. The relationships
between organizations and customers emerge in a dynamic process as both parties create and
process content. In addition to the traditional forms of promotion, employees in an organization
create wikis, blogs, discussion lists, frequently asked questions, sites for user reviews and
commentary, and other dynamic content. Customers search this content, contribute reviews and
commentary, ask more questions, create user groups, and so forth. With social CRM, each
customer crafts his or her own relationship with the company.

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

For a complete list of videos, visit our video library