Answer:
A. Customer value = customer benefits - customer cost
Explanation:
The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.
It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.
Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.
Answer:
The correct answer is option C.
Explanation:
One of the goals of the federal reserve banks is to have price stability in the economy. Though price stability does not imply zero inflation. A small level of inflation is good for economy as it helps in growth of production.
So in order to acheive the goal of price stability, the rate of inflation should be low such as 1-3% and it should be consistent.
Very high inflation is harmful for the economy as it erodes the real income and wealth. Deflation is also not good for economy as it causes reduction in production and employment
Answer:
The correct answer is letter "E": halo.
Explanation:
The halo perceptual error is a tendency to generalize every aspect of a given object merely on the basis of one or two aspects of the same object. The consequence of the experience is positive but it takes the <em>horn perceptual effect</em> name when it is negative.
Small businesses deal with different issues than large companies, this is because they do not occupy the same space.
<h3>What is management?</h3>
Management is the coordination of a task or organization and the administration to achieve a goal. It includes setting the organization's goal and working towards achieving it.
Small businesses do not face the same problems as established businesses. The bigger the business the bigger the task.
Therefore, small businesses deal with very different issues than large companies or charities
Learn more on management here,
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