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U n i v
U n i v

... The approach to ensure that communication management is driven by the strategic intent of the organisation is integrated communication. However, what complicates the communication management of organisations on a local level is the unique, changed South African context, which has an impact on the im ...
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... 5. Win through customer-centric innovation Creating new and mutual customer value, the core of CRM, means that companies need to have a process for customer inclusion and collaborative innovation. Most firms continue to innovate in the old style, using off-line research and product definition, rathe ...
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... The rising cost of energy transportation and persistent raw material pressures have been playing a heavy strain on the cement and construction industry. As a result, Indian Companies have to not only explore alternate sources of energy and materials but also strive to enhance operational efficiency. ...
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... finally talk to a customer service representative, who makes you repeat your phone number and email address as you tell them your problem. She makes a note of it and promises that a repairman will show up tomorrow. However, the next day comes and goes, and there’s still no sign of any help. You angr ...
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... The Master of Business Administration (MBA) is a two-year full time programme offered by the Department of Business Administration, The University of Burdwan. This programme was introduced by the University with the approval of the University Grants Commission (UGC) long back in the year 1983. Neces ...
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... value. When an organization spends too much on growing its customer base, it may never be profitable. When an organization stops adding customers to its database, the database shrinks through attrition and changes in customer lifecycles. It is a balance that must be achieved. To maintain the balance ...
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... • For each of the environment influences shown in Figure 2.1, give examples of why it is important to monitor and respond in an ebusiness context. • For example, the personalization mentioned in the text is part of why it is important to respond to technological innovation. ...
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... request about changes in logistics services or costs would not lead to sufficient customer loyalty either in retention or in expansion and referrals aspects. The complexity of outsourced logistics service and length of contract were identified as significant factors leading to proactive cost and per ...
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... Customer goodwill or loyalty (also called commitment) is becoming an important company asset; especially in the light of the falling correlation between tangible assets and company value. This fundamental shift in company worth is being noted by shareholders (see figure 3.1.1), as is the lack of cus ...
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... middle of the marketing funnel, and undervalues the awareness stages as well as the bottom-of-the-funnel conversion stages. Last-touch works in a similar fashion, but gives all the credit to the marketing effort that led to the final conversion, which of course is in the sales team’s domain. This mode ...
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... The simplest way to think of the nature and role of selling (traditionally called salesmanship) is that its function is to make a sale. This seemingly obvious statement disguises what is often a very complex process, involving the use of a whole set of principles, techniques and substantial personal ...
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... management (CRM). To realize CRM success, business and IT executives should implement CRM processes and technologies and foster employee behavior that supports coordinated and more effective customer interactions throughout all customer channels. The essence of CRM is to change organizations from a ...
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... whose  Indian  market  entry  will  be  the  point  of  analysis  of  this   master   thesis.   Many   issues   arise   with   market   entry   and   the   most   prevalent   ones   in   this   case   are   the   lack   of   a   forma ...
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... these terms, setting a marketing budget becomes the task of balancing what is spent on customer acquisition with what is spent on retention. HARVARD BUSINESS REVIEW ...
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Revenue management

Revenue Management is the application of disciplined analytics that predict consumer behavior at the micro-market level and optimize product availability and price to maximize revenue growth. The primary aim of Revenue Management is selling the right product to the right customer at the right time for the right price and with the right pack. The essence of this discipline is in understanding customers' perception of product value and accurately aligning product prices, placement and availability with each customer segment.
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