Implementing a marketing database

Assignment Help Accounting Basics
Reference no: EM13760814

Discussion-Implementing a Marketing Database

Every company gathers information on customer preferences and buying history in order to improve their long-term customer relationships. Maintaining a customer database requires protecting the confidentiality of the information.

Consider the following scenario:

Sara is the marketing manager of a small human resource (HR) consultancy firm. She wants to address improving customer relations and understanding and managing consumer behavior.

She would like to implement a process of using a database to assist her company in its marketing efforts. She is also concerned about online privacy versus off-line privacy.

Now, respond to the following:

  • How would you address Sara's concern about the level of privacy in an online versus off-line database?
  • What are ways in which she might be able to use the database for better understanding consumer behavior and building customer relationships? Provide at least five such ways.

Reference no: EM13760814

Questions Cloud

Reclassification of receivables : Respond to the following ethical issue concerning the reclassification of receivables in your initial post:
Strategic entrepreneurship : "Strategic Entrepreneurship" Please respond to the following: Research one company that you believe is not exceptionally innovative, determine which single lesson would be most beneficial to the company you researched.
Common and preferred stock : Respond to the following independent issues concerning the capital stock of corporations in your initial post:
Meet the malls requirement and minimize the total wages : A group has opened a new city center mall in Dubai  the general manager of the mall, is trying to ensure that enough support staff are available to clean the mall before it opens each day. The mall operates seven days a week, and the cleaning staff w..
Implementing a marketing database : Every company gathers information on customer preferences and buying history in order to improve their long-term customer relationships. Maintaining a customer database requires protecting the confidentiality of the information.
User interface design : You are the lead human-computer interaction (HCI) engineer on a major design project for an organization of your choice. Employees or customers will use this new system and user interface (UI) design to perform data entry for the organization.
Describe the experiential learning process that companies : What perceptual problems do managers need to overcome with failures? How can these perceptual problems be minimized? Describe the experiential learning process that companies, mentioned in this case study, apply to learn from their mistakes and failu..
Higher financial incentives : You are the CEO of a struggling company. You realize that higher financial incentives, as demonstrated in the Dan Pink video, leads to lower performance. How do we motivate employees in times of "change", when the demands on your company to innovate ..
Consider labor costs and productivity of workers and plants : Will the two-tier wage structure go away in the near future? Summarize the pressures to eliminate it as well as the pressures to keep it. Be sure to consider labor costs and productivity of workers and plants at other companies and in other parts of ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Outback outfitters sells recreational equipment one of the

outback outfitters sells recreational equipment. one of the companys products a small camp stove sells for 140 per

  How much interest revenue is accrued

Allen's Jewelry accepted a $3,600 note from S. Wells in settlement of an old account receivable. The 12 percent note was dated November 2, 2008, and was due in 120 days. Assume that Allen's Jewelry closes its books on December 31. How much interes..

  Large firms operating globally develop strategies based on

large firms operating globally develop strategies based on the type of industries and businesses in which they compete.

  Toyota motor corporation uses target costing assume that

toyota motor corporation uses target costing. assume that toyota marketing personnel estimate that the competitive

  Determine cost of goods sold for the month of june prepare

peters manufacturing company has the following data at june 30 2013raw materials inventory june 1 13800work in process

  Value common stock issued and outstanding

Dillon Corporation splits its common stock 2 for 1, when the market value is $40 per share. Prior to the split, Dillon had 50,000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock:

  N may1 2011 the note is collected in full by salem

n may1 2011 the note is collected in full by salem corporation assuming a fiscal year end of december 31 salem

  In good form prepare a schedule showing all expenses

a company entered into a franchise agreement to operate a franchised location beginning on january 1 2014. the terms of

  Discuss the sources of information

1. Discuss the sources of information and the types of inquiries that you and the firm's partners may make in connection with accepting Hitech as a new client.

  What is the equity at the end of year

At the begining of the year , Addison Company's assets are 259,000 and it's equity is 194,250. During the year ,assets increased 80,000 and liabilities increase 52,643. What is the equity at the end of the year?

  Zeta corporation and its subsidiary reported consolidated

zeta corporation and its subsidiary reported consolidated net income of 320000 for the year ended december 31 20x8.

  Hands up uses the straight-line method for depreciation of

a company called hands up located in texas manufactures latex gloves used in the medical industry. hands up purchased a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd