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The Theoretical Framework of CRM

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Part of the book series: Management for Professionals ((MANAGPROF))

Abstract

CRM projects are more and more destined to address two opposing concepts: efficiency and effectiveness. On the one hand a company needs to be effective on the market in order to manage relationships with customers, maintain its market share and improve its market penetration; on the other hand the company needs to be efficient. This means that IT departments need to conduct careful evaluations of IT investments and projects, as it is very difficult to understand whether initiatives have a return on investments or at least a direct and clear payback.

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Rajola, F. (2013). The Theoretical Framework of CRM. In: Customer Relationship Management in the Financial Industry. Management for Professionals. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-35554-7_3

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  • DOI: https://doi.org/10.1007/978-3-642-35554-7_3

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-35553-0

  • Online ISBN: 978-3-642-35554-7

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