To make headway toward better relationships with customers, managers need to have a strong grip on the ultimate objectives they've set for themselves. The objectives for CRM that you decide to define should have at least four similarities.
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- Sparky's Fun Park is an entertainment park run by recent ASU graduates. It caters to young people and others who are just young at heart. The owners are very interested in applying what they have learned in their Information Systems and Marketing classes so that Sparky's will be the best amusement park in the area. Therefore, they have asked you to help them develop an REA model of their business. To draw the REA diagram, you interview the owners and also observe the activities that occur at the park. As a result of these activities, you have compiled the following description of Sparky's business operations. Customers pay an entrance fee that covers unlimited rides for that day. Upon payment of the entrance fee, customers receive a smart card. An attendant mans each attraction (e.g., the roller coaster, Ferris wheel, etc.). The card is swiped by the attendant at any attraction that the customer wants to ride to verify that the customer has a valid admission to the park. Each card…The board of directors of a company decides that senior management has to be rewarded in order to achieve the company's objectives. The board of directors selects whether or not to award bonuses based on growth in share value at the end of each fiscal year. Bonuses will be given in shares, which the managers can keep or sell on the open market. What are the ramifications of implementing a bonus system like this?The board of directors of a company determines that senior management should be rewarded in order to achieve the company's objectives. The board of directors determines whether to award bonuses based on growth in share value at the conclusion of each fiscal year. Bonuses will be given in stock, which the managers may keep or sell on the open market. What are the ramifications of instituting a rewards scheme like this?
- Try to look at not one, but two potential solutions. Where do you notice similarities or contrasts between the two scenarios? When formulating a plan, what do you consider to be the most important factors, and why? Where do you see your concept fitting in with existing companies? It is expected that you will include in-text citations for any information that is not original.What do you think are the sources of the information Jim and his team collected? How do you think they collected all of that information? Examine list of alternatives above. Are there any requirements or constraints that you can think of that were overlooked? List them. If you were looking for alternative approaches for Petrie’s customer loyalty program, where would you look for information? Where would you start? How would you know when you were done? Using the web, find three customizable customer loyalty program systems being sold by vendors. Create a table that compares them. Why shouldn’t Petrie’s staff build their own unique system in-house?A company's board thinks it needs to reward top management for advancing the company's aims. The board decides on incentives based on share price rises at the end of each year. Bonuses will be given in shares that managers may keep or sell. What are the ramifications of such a bonus scheme?
- Create a Actvity Diagram of this Bank Management Sytem, using this scenario (see attached photo) Take note: Do not take a shortcut on making the diagram, you must understand the flow of the scenario (this is not graded)A self-introduction clarifies who you are, what you do and what others need to know about you. Having said that, how do you propose to provide a good self-introduction any time you meet someone? To give a self-introduction about you, what are the important details you consider to necessarily include? Do you consider mapping your competencies are important for a good self-introduction? if yes, why? You would agree that there could be different situations for all & every situation calls for iterations when it matters to self-introduction. How does one adapt to the place or situation to give a relevant self-introduction? The learning suggests that self- introduction precisely paves way for an impressive first impression! How could one support the strategy of elevator pitch could support in leaving a lasting first impression? We understand the expressions do influence our personality! What set of words and expressions could be used to describe our personality adequately,…Conduct research on two different reaction strategies. What kinds of parallels and dissimilarities did you discover? When formulating a strategy, what do you consider to be the most crucial components, and why do you believe they should be included? In what ways does your strategy lend itself to being implemented by the majority of organizations? Include citations to your sources inside the body of your work.
- Managers need to know what they're shooting for if they want to build stronger relationships with their customers.Pick down four (4) CRM objectives that are comparable.Managers need to know what they're shooting for if they want to build stronger relationships with their customers. Pick down four (4) CRM objectives that are comparable.An organisation's board decides that it needs to provide incentives for senior management to further the organisation's goals. The board decides to provide bonuses based on increases in share value, measured at the end of each financial year. Bonuses are to be paid in shares which can be held by the managers or sold on the market. What are the implications of introducing such a bonus system?