Sorting and retrieving data from a data warehouse comes under ______…
2024
Sorting and retrieving data from a data warehouse comes under ______ requirements of a CRM tool.
- A.
Marketing
- B.
Financial
- C.
Processing
- D.
Personnel
Attempted by 22 students.
Show answer & explanation
Correct answer: C
Ans - C
Solution
Customer relationship management (CRM) is the combination of practices, strategies, and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle. The goal is to improve customer service relationships and assist in customer retention and drive sales growth.
Key Points-
Sorting and retrieving data from a data warehouse comes under the processing requirements of a CRM tool.
Data sorting is any process that involves arranging the data into some meaningful order to make it easier to understand, analyze or visualize.
Data retrieval is the process of identifying and extracting data from a database, based on a query provided by the user or application. It enables the fetching of data from a database in order to display it on a monitor and/or use it within an application.
Generally speaking, the term “Data Processing” is used where you have to collect innumerable data files from different sources. You have to arrange them in a way that can be practically beneficial for the purpose you have gathered all that material.
It is the task of synchronizing collected data from different sources and convert it to an organized form. This makes it easy to understand and retrieve the specific information anytime.
The importance of data processing includes increased productivity and profits, better decisions, more accuracy, and reliability. Further cost reduction, ease in storage, distribution, and report making followed by better analysis and presentation are other advantages.