What is Operational CRM? Objectives and Benefits

It focuses on automating and enhancing customer-facing operations to improve customer experiences, increase efficiency, and drive sales. This type of CRM integrates functionalities like marketing automation, sales-force automation, and service automation to manage customer relationships in real-time effectively. Sales teams

Giffen Good Definition: History With Examples

Giffen’s upward demand curve can be described by income and substitution econometrics. In his textbook “Principles of Economics,” economist Alfred Marshall described Robert Giffen’s work in the context of bread rising in price because people lacked the income to buy

Software Development Life Cycle SDLC Models Full Guide 2024

There is no all-purpose model that works well for all projects, conditions, and cost requirements. Each model has a unique set of actions that ensure the development process’s success. We hope this article sheds more light on various SDLC models

Profit and Loss Statement Meaning, Importance, Types, and Examples

Comparing the financial statements of a large pharmaceutical company with those of a small energy company doesn’t make sense, as they have different factors that play into their revenues and expenses. A company’s P&L statement shows its income, expenditures, and

Profit and Loss Statement P&L Formula + Calculator

You also know that you need the price to hit $239 to break even at expiration. The breakeven price for a long call is the strike price (237) plus the premium paid ($2). The theoretical max you can lose (max