Answer:
Yes, this proces is called co-creation
Explanation:
Nowadays there are several organizations that involve the clients in the design, creation of a product or problem solving. E.g. bands asking for album titles to their fans. Bands letting the fans create the playlist for a given concert. Household consumers voting or giving insides in re branding campaigns.
Answer:
A value chain is a business model that describes the full range of activities needed to create a product or service. ... The purpose of a value-chain analysis is to increase production efficiency so that a company can deliver maximum value for the least possible cost.
Explanation:
Answer: AAA Corporate Bond
Explanation:
For an older customer, age 63, who is in the lowest tax bracket sho seeks an investment that will give him an income stream, the best recommendation is the AAA Corporate bond.
AAA is simply the highest rating that's assigned to a bond by major credit rating agencies. It should also be noted that they possess high creditworthiness.
The NAV of the mutual fund's portfolio given the value of the assets, liabilities and the shares outstanding is $16.53.
<h3>What is the NAV?</h3>
NAV means net asset value. It is the intrinsic value of a stock. NAV can be determined by dividing the differerence between assets and liabilties by the shares outstanding.
NAV = (assets - liabilities) / shares outstanding
(500 - 6) 30 = $16.53
Answer:
Customer relationship management (CRM).
Explanation:
CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, these employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.
Hence, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.