Answer: Option B
Explanation: A decision support system (DSS) is a computerized software that is used in an institution or company to make determinations, decisions, and course of action.
A DSS sifts massive amounts of data and analyzes them, compiling comprehensive information that can be used to solve problems and to make decisions.
These systems are usually used to determine the judgments regarding a particular data but the implementation of such judgement remains in the hands of managers.
The corect answer for the question above is (d.) "Personal." Personal would be the best to place the return address on a business envelope.
This is an example of <u>value co-creation.</u>
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What is value co-creation?
- Value co-creation is the joint creation of value by the company and the customers, allowing the customers to co-construct the service experience to suit their context.
- Subsequently, given that the co-creation of value not only affects the bilateral relationship between the consumer and the company, the definition has been transformed to incorporate the multiple agents involved in the process.
- Value co-creation describes the way actors behave, interact, interpret, experience, use, and evaluate propositions based on the social construction of which they are a part.
- The first studies on co-creation assimilated this concept to that of co-production, defined as the participation of the consumer in some of the phases of the development of new products, mainly applied in leading brands.
To know more about value co-creation, refer:
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<span>If the cards are sold for $2.50 each and the variable cost of production is $1.15, then the gross contribution of each card is $2.50 - $1.15 = $1.35. Therefore, in order to break even, we need to sell enough cards to create a total contribution greater than the $50 fixed cost of starting the venture. Therefore dividing $50 by $1.35 and rounding up, we find a breakeven volume of 38 cards.</span>