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Oct 6, 2021 17 min

Integration of Inheritance Management Model and Algorithm

from Integrated Revenue and Retention Hosted by John Osarenren

The rapid Technological Advancements in the fields of Customer Relationship Management (CRM) and Integration of Inheritance Management models and Algorithm into Business Processes can enhance market growth. Inheritance Management Model offers potential values to companies trying to leverage big data and helps them to better understand hidden and dynamic changes in behavior, preferences, and customer experience. Inheritance Coefficients are used to assess and evaluate the business processes in such a way that, dynamic changes in behavior and preferences can be transferred from the initial operation and interaction to the final phase. It is also used to eliminate negative traits while enhancing the positive behavior and sentiments towards maximum achievable revenue, retention, and customer experience at minimum risk and cost. The advantage of the Inheritance Model and its algorithm is huge across the different Industries while using it to predict outcomes, proactively control and monitor the business processes towards sustainable development in the global economy. It is also very important in the design of the Revenue Model for the improvement of returns on investments (ROI), sales, and marketing in businesses. It helps to transfer revenue, eliminates risks, and retains customers, while proactively managing business processes, people, and technology.

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