Asked by Saarthak Sharma on May 01, 2024
Verified
Relationship management refers to ongoing,mutually beneficial ties between an organization and its customers.
Relationship Management
The strategy of maintaining a positive relationship with customers and other stakeholders to promote loyalty and long-term engagement.
Ongoing
Continuing in progress, operation, or development without immediate termination.
Mutually Beneficial
A situation, agreement, or relationship that provides advantages or positive outcomes to all parties involved.
- Identify the critical role of relationship management and its commitment to fostering long-term interactions with customers.
Verified Answer
Learning Objectives
- Identify the critical role of relationship management and its commitment to fostering long-term interactions with customers.
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