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il63 [147K]
3 years ago
11

IKEA’s ""ready to assemble"" furniture and fixtures transformed retail shopping; Nike allows online customers to design their ow

n shoes. These examples BEST illustrate _____ innovation.
Business
1 answer:
VARVARA [1.3K]3 years ago
3 0

Answer:

Retail Innovation

Explanation:

Retail innovation has to do with improvements that heightens customer experience and satisfaction by providing tangible value for customers because it offers something new in the field of technology, services, products or business systems.

IKEA’s "ready to assemble" furniture and fixtures transformed retail shopping; and Nike's allowance of online customers to design their own shoes; are all examples that illustrate retail innovation.

Retail innovation has changed the way consumers connect with brands, Beginning from social shopping, voice-based commerce or drone deliveries; companies are now using technology tools to differentiate their brands and transform the retail experience of their customers.

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<h3>What serves as a means for provision?</h3>

A provision is cash saved in the funds to cover any liabilities that may arise in the future. To improve the accuracy of something like the current year's balance, a provision is utilized to allow for costs that could, in some cases, be offset with in current or prior financial year.

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A "business make better term" lease clause stipulates that the tenant must return the doors to the home in the same condition that they found it.

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10 months ago
Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.
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Hence, in this case, it is concluded that the correct answer is "<u>Economically feasible."</u>

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2 years ago
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1 year ago
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Answer:

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