A value web is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market. A value web is a group of separate businesses that work together to coordinate their value chains through information technology in order to generate goods or services for a market.
Compared to the conventional value chain, it is less linear and more customer-driven. Value chain analysis is a technique for assessing each activity in a market value chain to identify areas for improvement. You are prompted to think about how each phase adds or subtracts value.
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Answer:
Influencer
Explanation:
An influencer is a person that has the ability to affect the purchasing decision of customers through their authority, position, relationship, or relationship.
They have good social relations and this is an asset in directing customer buying decision.
In the given scenario Melanie has a strong personal interest in technology, and is known throughout the firm as the one with the most knowledge about new kinds of communications technologies.
This knowledge will be beneficial in the buying centre, where she can be an influencer.
Answer:
2. False
Explanation:
Market organization refers to the ways goods and services are bought and sold in the market.
Under market organization, individuals can communicate their buying decisions and their preferences and tastes directly to their peers and known ones which eventually affects the latter's decision making. This is a direct way of communication.
Similarly, another form of communication would be indirect wherein an individual conveys his/her choice of with whom they want to transact with rather than their preferences. Here the communication is indirect and this is a realistic possibility.
Hence the given statement is false.
Answer:All modes of transportation.
Explanation:Incoterms which is called international commercial terms developed by the international chamber of commerce to define the terms of trade and commercial activities, they are generally accepted and recognised by the Law courts and commercial laws in the most parts of the world. International commercial terms helps to guide procurement processes and trade.
It can be applied in all modes of transportation.
Answer: (a) FOOD AND DRUG ADMINISTRATION (FDA)
Food and Drug Administration (FDA) is a federal agency of the USA that protects and promotes public health. It also looks over food safety, drug safety, etc. various laws are included in FDA such as Public Health Service Act, Federal Anti-Tampering Act, etc.
