Chapter2 Flashcards

1
Q

Moment of truth

A

Each touchpoint between a customer and a company is a moment of truth;that is, an experience that might influence customer feelings/perceptions of the company

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2
Q

Resource orchestration

A

Orchestration refers the skill that enables companies to bring the resources of the entire supply network together

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3
Q

Value gaps

A

Any disparity that exists in identifying defining and delivering outstanding customer experiences that can undermine perceptions and damage relationships

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4
Q

Customer relationship management (CRM)

A

A software system that enables a company to accurately profile customers by tracking the customer’s wants and buying habits. The software is a sophisticated form of customer segmentation

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