The perceived value that a company creates for consumers less the company's costs to create the value equals ______.

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18-08-2022
Business

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The perceived value that a company creates for consumers less the company's costs to create the value equals ______.

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tutorconsortium201 tutorconsortium201 · Answer 1 · 2022-08-25T11:00:58+02:00

The perceived value that a company creates for consumers less the company's costs to create the value equals The economic value created.

Which of the following are examples of ways that a large retailing firm can increase the perceived value of its offerings by focusing on customer service?

Offering a "no questions asked" return policy and maintains a domestic call center that is open 24 hours a day.

What is the difference between economies of scale and learning effect?

Learning effects are based on learning, developed over the cumulative production process.
While economies of scale originate from volume differences in any particular period, learning effects arise from greater experience.

What is economies of scale and learning?

With the learning curve, a company can do something at a less expensive unit cost after time, where economies of scale are lower costs the more you do.
These two concepts are independent of each other. Whether one is more important than the other seems to rely on the level of complexity within the task of a company.

Learn more about economies of scale

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