In a CRM database, a set of information stored in a row of the database and pertaining to one customer is called:

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DFCCIL Executive Operating 2018 Official Paper
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  1. Cluster
  2. Record
  3. Factor
  4. Flow

Answer (Detailed Solution Below)

Option 2 : Record
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Customer Relationship Management (CRM) is a process of managing a company's interactions and relationships with customers and potential customers.

List - I List - II
Cluster
  • The cluster function is widely used in CRM.
  • It provides business insights that enable firms to offer specific, personalized services and products to their customers.
  • Clustering is used in a commercial environment for Cross-marketing, cross-selling, deciding media, understanding other goals, etc.  
Record
  • In a CRM database, a set of information stored in a row of the database and pertaining to one customer is called Record.
  • A customer record holds critical data about a customer including the standard data such as name, order data, billing information, and credit information.
Factor
  • In CRM, factors are agents or representatives that help in achieving organizational goals.
  • People, processes, and technology are the three most important factors of CRM.
  • It is essential to ensure that the process is in place and accounts for the people involved in the organization before selecting the right technology. 
Flow
  • In CRM, the flow starts from typically capturing new leads, and the sales team will then work on these new leads and try to close the deal.
  • It can be done by using CRM features like events, tasks, email marketing, reminder and quotes, etc.
  • Upon close, the CRM flow then moves to projects and operations.

Therefore, in a CRM database, a set of information stored in a row of the database and pertaining to one customer is called Record.

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