Customer value proposition refers to the assortment of buyer-specific benefits that a seller provides to a buyer when selling a product.
More about the Customer value proposition:
A customer value proposition (CVP) in marketing is the total of the advantages a vendor guarantees a customer will receive in exchange for the related payment (or other value-transfer).
A company can create value in their product or service while marketing to potential customers by using a customer value proposition. This is frequently determined by totaling the benefits that vendors offer to their customers.
Similar to the USP, this is a succinct claim intended to persuade buyers that a specific good or service will be more valuable or better able to address their issue than those offered by competitors.
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Attacking someone else's opinion. I hope this helps!
Answer:
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Answer:
The correct answer is letter "D": trace direct-material cost to each product produced and use a predetermined application rate for conversion cost.
Explanation:
The Operation-costing system combines <em>Process Costing </em>with <em>Job costing</em>. Process costing is mostly used for mass-production undifferentiated goods so each product will be given the same cost. Job Costing, instead, is typically used for manufacturers of tailored products, thus, each product has different <em>material, direct labor, </em>and <em>overhead costs</em>.
So, <em>to determine the costs of manufactured goods under the operation-costing system, direct material should be allocated separately and the use of an application will be necessary to determine the conversion cost -the combination of direct labor and overhead.</em>