3 years ago

Customers can act as collaborators to create the product or service

Business

1 answer:

ohaa [14]3 years ago

8 0

Answer:

Yes, this proces is called co-creation

Explanation:

Nowadays there are several organizations that involve the clients in the design, creation of a product or problem solving. E.g. bands asking for album titles to their fans. Bands letting the fans create the playlist for a given concert. Household consumers voting or giving insides in re branding campaigns.

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Amazon has decided to enter the college bookstore market. The goal of "Amazon Campus" is to offer co-branded university-specific

Leviafan [203]

Answer: product diversification

Explanation:

Product diversification is when the original market for a product is being expanded. Product diversification is used to boost a brand and also increase sales.

From the question, we are informed that Amazon has decided to enter the college bookstore market and that the goal of "Amazon Campus" is to offer co-branded university-specific web sites that offer textbooks and paraphernalia, such as logo sweaters and baseball hats. This development shows Amazon's relentless pursuit of product diversification.

7 0

3 years ago

You are comparing two annuities with equal present values. The applicable discount rate is 6.5 percent. One annuity will pay $2,

MAVERICK [17]

Answer:

the annual payment for the second annuity is $2,130 paid at end of every year

Explanation:

We have following information for 1st annuity:

Rate: 6.5%

Payment (PMT): -$2,000, paid at beginning of every year

Tenor (Nper): 20 years

We use excel to calculate the present value of annuity = PV(rate,Nper,PMT,,1)