Common uses of customer relationship management

Reference no: EM13278551

One of the common uses of customer relationship management (CRM) in consumer markets is to rank customers on profitability or lifetime value measures. Highly profitable customers get special attention, whereas unprofitable customers get poor service or are often fired. What are the ethical and social issues involved in these practices? Could CRM be misused? How and why?

Please answer the three parts to the question.

Reference no: EM13278551

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