As Sanjay's company was the first to introduce fresh food meal kits in a box that are delivered to consumers' homes, the idea is an example of innovation.
<h3 /><h3>Business innovation</h3>
Innovation is vital to the long-term success of the business in the marketplace. It can be defined as the process of creating a new idea, method or object to fulfill some need. In the business environment, innovation will be a competitive differentiator for a company.
Therefore, disruptive and incremental innovation are essential concepts to generate value, efficiency and positioning for an organization in the market.
The correct answer is:
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Joelle consumes food and garb. for earning near her modern-day income, her earnings expansion direction is negatively sloped. <u>Increasing </u><u>much less of 1 god whilst profits growth implies consuming extra of the opposite three .at the least one proper must be every day.</u>
The term “profits” commonly refers to the quantity of money, property, and different transfers of price acquired over a set time period in change for products or services. there may be no unmarried, preferred definition: earnings are described consistent with the context in which the idea is used.
Three of the main varieties of profits are earned passive, and portfolio. Earned income consists of wages, salary, tips, and commissions. Passive or unearned earnings may want to come from condominium homes, royalties, and restricted partnerships. Portfolio or funding income includes interest, dividends, and capital gains on investments.
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Call reluctance is what they are suffering from if they tend to avoid customers.
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What is Customer interaction?</h3>
Every company is at the mercy of the people who use it. The market is cutthroat, and consumer expectations have skyrocketed. Simply put, providing a quality good or service is insufficient. The positioning of your brand in the market, however, can be greatly influenced by the relationships you build with your customers. While discussing the importance of customer interactions, it's important to keep in mind that the customer experience is a continuous process. Building stronger ties with your customers is a continuous process.
Before we go into the specifics of how customer interaction can be advantageous for your business, it is crucial to understand what it is. Addressing customer needs and ensuring they are met through the provision of your good or service is referred to as customer interaction. Companies frequently employ salespeople with the necessary training to conduct these customer interactions. Overall, having a better understanding of your customers can give you a competitive edge.
Thus, customer interaction should be taken care of well.
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Answer: feature, Advantage and benefit
Explanation: FAB statement which is Feature, Advantage and Benefit is a marketing strategy tool that explains what a product or service, what it does, how it benefits a prospective client. The easiest thing to identify in a product is it's feature which are the characteristics about your products, and services. For example, This television's solid-state design represents the feature. Advantages means the edge your product or service has against other competitors eg
More vivid picture- Advantage
While Benefit represents what the client will achieve from the purchase of such good or service eg
that will make your television viewing more enjoyable--- Benefit.
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1. Hardships for poor people and fixed income salaried households
<span>2. Business Profits tend to go up in times of inflation </span>
<span>3. Demand for pay hikes and wage increases</span>
