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2 years ago

Nike allows customers to design their own sneakers, which improves the value customers see in the brand. this is an example of?

Business

1 answer:

Stels [109]2 years ago

8 0

This is an example of value co-creation.

What is value co-creation?

Value co-creation is the joint creation of value by the company and the customers, allowing the customers to co-construct the service experience to suit their context.
Subsequently, given that the co-creation of value not only affects the bilateral relationship between the consumer and the company, the definition has been transformed to incorporate the multiple agents involved in the process.
Value co-creation describes the way actors behave, interact, interpret, experience, use, and evaluate propositions based on the social construction of which they are a part.
The first studies on co-creation assimilated this concept to that of co-production, defined as the participation of the consumer in some of the phases of the development of new products, mainly applied in leading brands.

To know more about value co-creation, refer:

brainly.com/question/14970562

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The ______________ is essentially a device that monitors subjects’ physiological changes. These include changes in heart rate, r

Anuta_ua [19.1K]

Answer:

B, Psycho galvanometer

Explanation:

A psycho galvanometer is one a device used to determine skin changes to elsctrical resistance in response to emotional stress. In advertising, the psycho galvanaometer is used to determine the acceptance or lack thereof of advertisements, products, etc. If there is a low resistance of the skin to electrical responses, then the advetisement is successful. If resistance is high, the advertisement is not successful and a new advertisement should be considered.

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3 years ago

A small producer of machine tools wants to move to a larger building, and has identified two alternatives. Location A has annual

xenn [34]

Answer:

Location A is superior to up 40 units. From there Location B is better

Explanation:

Giving the following information:

Location A:

Fixed costs of $100,000

Variable costs of $13,000 per unit.

Location B:

Fixed costs of $300,000.

Variable costs of $8,000 per unit.

The finished items sell for $18,000 unit.

Contribution margin Location A= 18000-13000= 5,000

Contribution margin Location B= 18000 - 8000= 10,000

Income formula location A= 5000*Q - 100000

Income formula location B= 10000*Q- 300000

5000*Q - 100000= 10000*Q - 300000

200000= 5000Q

Q= 40 units

Location A is superior to up 40 units. From there Location B is better.

6 0

4 years ago

A(n) ________ strategy focuses on new market and product development, innovation, and joint ventures. privatization external gro

Stolb23 [73]

Answer:

Internal growth.

Explanation:

Internal growth strategy is one that uses internal resources to develop a company internally. It focuses on increasing efficiency, hiring the right people, new product development, and better marketing.

Internal growth is also known as organic or natural growth. Growth results in increased profit which is now reinvested in the business.

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4 years ago

A firm purchases goods on credit worth $150. The same firm pays off $100 in old credit purchases. An investment is made via the

enot [183]

Answer:

$50 increase

Explanation:

Purchasing goods on credit and paying off credit purchases will reduce cash while issuing equity will increase cash. Cash flow from the three operations listed is:

Cash flow = - credit purchases - credit payments + cash raised for investment

Cash flow = -$150 -$100 + $300

Cash flow = $50

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3 years ago

Which of the following is the appropriate rank of sectors (from lowest to highest percentage) of the U.S. Gross Domestic Product

Brilliant_brown [7]

Answer:

B). Agriculture, Industry, Services.

Explanation:

The United States is a highly developed country owning a mixed economy. Its GDP and net wealth makes it the largest economy of the world. The economy of the United States in divided into three major sectors i.e. Agriculture or the primary sector, the Industrial sector, and the service sector. The service sector contributes most to the US economy with 68% of its contribution. The primary sector contributes 5.4% to the GDP and the industry with 26.6% of its contribution to the development of U.S. economy. Thus, option B is the correct answer.

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3 years ago