This is an example of <u>value co-creation.</u>
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What is value co-creation?
- Value co-creation is the joint creation of value by the company and the customers, allowing the customers to co-construct the service experience to suit their context.
- Subsequently, given that the co-creation of value not only affects the bilateral relationship between the consumer and the company, the definition has been transformed to incorporate the multiple agents involved in the process.
- Value co-creation describes the way actors behave, interact, interpret, experience, use, and evaluate propositions based on the social construction of which they are a part.
- The first studies on co-creation assimilated this concept to that of co-production, defined as the participation of the consumer in some of the phases of the development of new products, mainly applied in leading brands.
To know more about value co-creation, refer:
brainly.com/question/14970562
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The demand would go up because it would be more affordable
The level of tipping for service providers is considered a numeric variable. Numeric variables describe variables in the form of a number, for example, how much or how many.
Answer:
.B) limited resources to satisfy virtually unlimited wants.
Explanation:
The resources at our disposal is limited while our wants are unlimited.
For example, the money in my account (resources) is not enough to buy All The things I would like to have (wants).
I hope my answer helps you
17,000 * 17,000 * 0.15 = 43,350,000
(Hope this helps...)