Answer: value proposition
Explanation:
In simple terms, a value proposition makes a case for why a customer should pick one product over another, citing the unique value the product provides over its contenders.
The Business Model Canvas value proposition provides a unique combination of products and services which provide value to the customer by resulting in the solution of a problem the customer is facing or providing value to the customer. This is the point of intersection between the product you make and the reason behind the customer’s impulse to buy it. A product can have a single value proposition or multiple value propositions.
Most start-ups fail to define their value proposition before they launch their products. This is because entrepreneurs tend to give too much credence to the ‘idea’ they have and run with it as opposed to exploring how this idea would actually perform in the market.
Answer:
Premium, value
Explanation:
Premium Pricing Strategy: this a strategy used by companies to drive up the prices for their products. This strategy is used when customers can be convinced that a company will offer a higher value than its competitors.
For example, looking at the prices of a Rolls Royce Phantom and a Toyota, one costs $450,000 and the other costs $25,000, both will take you from your office to your house, but some customers will prefer to buy the Rolls Royce, this is because of the value the Rolls Royce offers.
Value: this is the worth or usefulness of something. Therefore, if a company can offer value for money, customers will be willing to pay.
<span>A german firm raising capital by selling stock through the london stock exchange is an example of transnational financing.
Transnational financing occurs when a firm goes to another country to raise capital through the issue of stocks and bonds.
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Answer:
The answer is easy and simple to understand.
First of all, it ill be generally good for your business, price levels of materials required and services will remain at a reasonable level so you can afford them.
Moreover, the cost of financing will be bearable and low. Since the interest rates are low, more money can be borrowed to expand your business venture.
Economic book means more employment opportunities, and as the supply of labor increases. the cost or the wage rate can remain at a reasonable and fair level for both the employers and employees.
The currency exchange rates will be stable and will not deviate heavily during the economic boom period, making importing and importing fairly easy for your business.
However, since the economy is rigorous and healthy, more entrepreneurs will enter the market and the competition will be sever.
Moreover, foreign investors and businesses with new technologies, products and practices may enter your market, making it a bit difficult for you.
Explanation:
