from a customer's perspective, what is defined as a ratio of the bundle of benefits a customer receives from an offering, compar

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never [62]

9 months ago

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from a customer's perspective, what is defined as a ratio of the bundle of benefits a customer receives from an offering, compar

ed to the costs incurred by the customer in acquiring that bundle of benefits?

Business

1 answer:

Darya [45] · Answer 1 · 2024-06-25T23:12:08+03:00

Value is defined as a ratio of the bundle of benefits a customer receives from an offering, compared to the costs incurred by the customer in acquiring that bundle of benefits

This is further explained below.

<h3>What are the costs incurred?</h3>

Generally, A cost that has been incurred is one for which a company has been accountable, even though the company has not yet gotten a bill from a supplier as evidence of the cost.

In conclusion, A cost is considered to have been incurred after the company has become liable for the cost.