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svetoff [14.1K]
3 years ago
13

What is CUSTOMER VALUE? How it can be created? Discuss.

Business
1 answer:
dsp733 years ago
8 0

Answer:

what is customer value : In marketing, a customer value proposition consists of the sum total of benefits which a vendor promises a customer will receive in return for the customer's associated payment

how it can be created : Step 1: Understand what drives value for your customers. ...

Step 2: Understand your value proposition. ...

Step 3: Identify the customers and segments where are you can create more value relative to competitors. ...

Step 4: Create a win-win price. ...

Step 5: Focus investments on your most valuable customers.

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Please complete the following sentence from our reading: This brings us to the second reason mass media models are persuasive: T
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Answer:

Desired and welcomed in various social situations

Explanation:

Mass media reaches the large audiences, whether it is internet, television or radio. The influence on everyday life is therefore very strong, whether it is the way we vote, our individual views and believes or shaping of our knowledge about certain topic based on true or false information.

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3 years ago
Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If no
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This is a personal question man

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3 years ago
The gini ratio for lifetime income is _______ the gini ratio for annual income.
o-na [289]
<span>The Gini ratio for lifetime income is less than the Gini ratio for annual income.</span>
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3 years ago
Achieving a differentiation-based competitive advantage does NOT involve:a. incorporating product attributes and user features t
BARSIC [14]

Answer:

None of the above

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As the differentiation strategy focuses on the gaining maximum customers even in highly competitive market, this is done by maximum customer service and includes all of the above.

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Whether it be the additional cost benefit to customers, the extra benefits of using the product, or the increase in satisfaction in customers with any-kind like, non economic or intangible.

5 0
3 years ago
On november 21, civic company received $550 from customers in payment of their accounts. the journal entry to record this transa
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On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record this transaction will include a credit to accounts receivable.

<h3>What is meant by account receivable?</h3>
  • The money clients owe your business for goods or services for which invoices have been issued is known as accounts receivable. On the balance sheet, current assets are listed as the total amount of all accounts receivable, including bills from clients for goods or services on credit.
  • A person who works in accounts payable must ensure that their company receives payments for the goods and services it provides and record these transactions appropriately.
  • Trade accounts receivable notes receivable and other receivables are the three categories into which receivables are typically broken down.

On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record this transaction will include a credit to accounts receivable.

To learn more about accounts receivable, refer to:

brainly.com/question/24848903

#SPJ4

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2 years ago
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