How does value cocreation provide additional value to customers?
What will be an ideal response?
Value cocreation not only involves the customer, it also offers the opportunity to explain unmet needs the firm can address. Within the broader framework of value-based marketing, the customer will probably gain greater benefits from the product or service since it will meet more of the customer's needs.
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Which of the following statements is true of state action?
A. State action is not involved if policies are mandated by federal law. B. Private deprivation of individual liberties is permitted only if interference of state action is prohibited by statute. C. The Constitution protects an individual only against governmental activity, usually called state action. D. The constitutional checks on governmental power do not apply to the Congress.
Working capital equals current assets plus current liabilities
Indicate whether the statement is true or false
Rosewood Company made a loan of $9600 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest. What is the amount of interest revenue that Rosewood would report in Year 1 and Year 2, respectively?
A. $432 in Year 1 and $144 in Year 2 B. $576 in Year 1 and $0 in Year 2 C. $144 in Year 1 and $432 in Year 2 D. $0 in Year 1 and $576 in Year 2
When using a credit card, _____.
A. making late payments can damage your credit history B. tracking your expenditures is difficult C. maintaining financial discipline is easier than when using a debit card D. availing warranties for products purchased through the card is not possible