Customer Relationship Management Notes: Definitions & Explanations PDF | Download eBooks
Study Customer Relationship Management lecture notes PDF with total quality management definitions and explanation to study What is Customer Relationship Management?. Study customer relationship management explanation with TQM terms to review total quality management course for online MBA programs.
Customer Relationship Management Definition:
Customer relationship management is defined as a view of the customer that asserts the customer is a valued asset that should be managed.
Managing Quality: Integrating the Supply Chain by S. Thomas Foster
Customer Relationship Management Notes:
In modern world of business, the most important aspect of a business is customers. It is always important to cater to the customers' needs and demands while designing and producing a product. For this reason, organizations have now adopted a new approach called customer relationship management (CRM). It is important to develop a strong relationship with the customers to make them feel special. The organizations not only use the data of their customers for marketing purposes but also consider their demands, needs, and liking in the design process. A satisfied customer always comes back and bring more with him. So this approach helps to retain the customers and attracting new ones, thus increasing the sales.
Keep Learning with TQM Notes
What is Fixed Effects Analysis of Variance?
Analysis of variance (ANOVA) was developed by Ronald Fisher. It is a set of statistical tools, models and procedures that ...
What is Available Time?
An important type of data or information that can be collected through value stream mapping is available time. As the ...
What is Forced Choice Model?
Strategic planning regarding quality is a very important part of management. Organizations, either new or already existing, must consider quality ...
What is Concept Design?
Concept design is the early phase of design process in which the functions of the product or service are outlined. ...
What is Group Technology?
Group Technology is a technique in which similar parts of different products are grouped together. While producing complex products, the ...
What is Total Quality Management?
Quality control is not only associated with monitoring and improving the quality of the products that are produced in the ...