Customer value is the relationship between benefits and the sacrifice necessary to obtain those benefits?

1 answer:

5 0

Costumer value is the relationship between benefits that costumers receive for loyalty to the brand and the losses incurred by the company to ensure their participation.

Explanation:

All companies would prefer to have a loyal user base that uses and buys their products again and again even if it means that the relative profit they make off of them will be less than what they make from a one of consumer.

It works in the way that a costumer who buys regularly will run through more material allowing the firm to sell more of the same material instead of having the older material let be stale until someone comes and buys it from them.

So even if the benefits provided to members are a little hefty on the company, they are willing to do it.

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Specialization and the division of ______ can increase productivity. Please choose the correct answer from the following choices

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Specialization and the division of labor can increase productivity.

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Specialization is about an invidivual focusing on very specific tasks that are best suited to them according to their skills and knowledge. This concept can be applied to companies and countries, as they specialize on producing a small amount of products they excel at, for having the raw material, knowledge and/or technology to do so.

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