Customers are central to the principles of convergence. They should not be viewed as passive viewers of content but active users that play a central role in your narrative.
In order to create experiences that strengthen the customer's relationship with the brand, three powerful forces—media, technology, and creativity—come together through convergence. A customer-centric mindset must be adopted, and the entire organization must become responsive to the customer journey. Strategies must be supported by evidence from actual customer behavior rather than arbitrary gut instinct. It should be determined by that data where, when, and how to serve customers. Consumers must be involved in brand messaging through social platforms and ecosystems. The organization will always need to be modified for convergence. Testing, learning, constructing, and destroying are ongoing processes.
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Answer:
3) The only bank in a small town
Explanation:
By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.
The answer is D because when u give power to other people for them to make decisions your offering transference. Your transferring decisions to others.<span />
Answer:
47,900
Explanation:
The projected sales for curley publishers is 51,000
The beginning inventory is 3,600
The ending inventory is 5,000
The budgeted projection units in 2016 can be calculated as follows
= 51,000+5000
= 51,500-3600
= 47,900
Hence budgeted projection units is 47,900
Answer:
a. What additional annual cost is $2250
b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock
Explanation:
The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory
Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit
Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225
Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450
Additional Holding Cost = $2250
