Which aspect of the business model is most affected by the recent advent of such companies as Fresh Now, M Tailor, Blue Apron, or Starbuck’s Reserve?

A. Key customer.
B. Value Proposition.
C. Capabilities.
D. Environment.


B. Value Proposition.
Explanation:
Millennials want to be involved in the design and delivery of the product as an experience. This requires alteration of the traditional value proposition which related solely to the product. Increasingly, the experience of acquiring the product is important.

Business

You might also like to view...

What is a deferred coupon bond?

What will be an ideal response?

Business

Embezzlement involves fraud

Indicate whether the statement is true or false

Business

Limited liability companies may elect to be taxed as corporations.

Answer the following statement true (T) or false (F)

Business

The problem which deals with the distribution of goods from several sources to several destinations is the

a. maximal flow problem b. transportation problem c. assignment problem d. shortest-route problem

Business