Briefly describe the concepts of value, margin, and value chain as defined by Porter
What will be an ideal response?
Porter defined value as the amount of money that a customer is willing to pay for a resource, product, or service. The difference between the value that an activity generates and the cost of the activity is called the margin. A value chain is a network of value-creating activities. That generic chain consists of five primary activities and four support activities.
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Which of the following personal communications channels consist of family members, neighbors, friends, and associates talking to target buyers?
A) expert channels B) advocate channels C) social channels D) formal channels E) sponsored channels
The use of the allowance for doubtful accounts results in the bad debt expense being charged to the period of sale
Indicate whether the statement is true or false
A ________ is recorded without an audience, posted on a website or a social media site such as YouTube or Vimeo, and distributed through website or social media links
A) slide B) webcast C) web post D) seminar E) podcast
The legal interpretation of the supervisory exclusions to the NLRA was recently addressed in three cases involving nurses known collectively as the ___________________________ cases.
Fill in the blank(s) with the appropriate word(s).