<span>Many firms securely share relevant sales, inventory, product development, and marketing information with suppliers and other external partners via its extranet.
Extranet is a type of a website where control over information is given to the company's partners.
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Answer:Upon learning of your posting for a Fashion Designer, I felt compelled to submit my resume for your review. With my extensive experience in apparel design and development, as well as my proven commitment to producing high-quality and innovative pieces for globally recognized brands, I feel confident that I would significantly benefit your organization.
From creating initial conceptual drawings and renderings to driving optimal garment design and production, I am well prepared to continue exceeding expectations in fashion design. With my impressive achievements specifically in women’s sportswear, my additional expertise in trend analysis, supplier networking, and diverse design styles position me to thrive in this challenging and creative position with EarthComponentWear.
Highlights of my background include:
Designing and developing women’s sportswear garments over the past 10 years that have been showcased and sold in reputable apparel stores including The Gap and American Eagle.
Demonstrating expertise in draping, fabric/design boards, technical sketches, mock-ups, fittings, alterations, and production.
Earning a reputation for innovative design, a steadfast commitment to top-notch quality and conceptual integrity, and a keen attention to detail.
With my comprehensive experience in fashion design, coupled with my enthusiasm and dedication to achieving success, I believe I could swiftly surpass your expectations for this role. I look forward to discussing the position in further detail.
Explanation:
Answer:
They are acting upon perceived customer value.
Explanation:
In the field of marketing, perceived customer value can be defined as the clients' assessment of the cost of the product and services weighed against its capacity to live up to their needs and desires, particularly in comparison with it's peers. Marketing experts always attempt to impact customers' apparent perception of an item by depicting the qualities that make it better than the competition. In this way, the marketers alter the customers perceived value.
Perceived customer value usually involves the monetary cost of the product or services. It all comes down to how the customer views the price of that particular product or service weighed against the benefits. In simpler terms, the customer is always deciding if purchasing the product is worthwhile. When the customers feel that the cost doesn't march the benefits, then there are higher chances of the customers not purchasing the product or service, especially if the competition offers a lower cost.
In the case of FedEx customers, they are trying to weigh the benefits against the monetary cost of using the reliable package delivery service. In this way, they are acting upon perceived customer value.
Answer: This is the type of cost known as Sunk.
- sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.
- A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.
- The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.
