Evaluation of Customer Relationship System Efficiency: Applying of Total Cost of Ownership Approach
Journal Title: Journal of Business Economics and Management - Year 2009, Vol 10, Issue 4
Abstract
Calculating total cost of ownership (TCO) and benefits, building a business case and applying financial measurement methodologies help a company make right customer relationship system for investments solution and build compelling justification for its customer relationship system project. In addition, ongoing measurement of customer relationship system (CRS ) benefits ensures that an enterprise receives expected advantages and achieves strategic objectives. In this paper peculiarities of TCO economic efficiency are analysed. Evaluation method application when developing, using and expanding CRS is being considered, strengths and weaknesses of cost-oriented approach are discussed. Authors present and interpret their empirical research results.
Authors and Affiliations
Regina Jasilionienė, Rima Tamošiūnienė
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[i][b]Reviewed book:[/b][/i] Willem K. Brauers. [i]Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-objective Optimization[/i]. Boston/Dordrecht/London: Kluwer Academic Publisher...
Evaluation of Customer Relationship System Efficiency: Applying of Total Cost of Ownership Approach
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