Customer Value Can Be Defined as the Difference Between Perceived

question 42

True/False

Customer value can be defined as the difference between perceived benefits and perceived costs.

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Definitions:

SNSs Algorithms

The computational processes and formulas social networking services use to determine what content is shown to users, based on factors like relevancy and engagement.

Newsfeeds

A constantly updating list of news stories or other content from a variety of sources, typically found on social media platforms or news websites.

UGC Contest

A competition or challenge inviting users to submit user-generated content, often as part of a marketing or engagement strategy, with the potential for rewards.

Incentivized

Encouraged or motivated through rewards or incentives to perform a particular action or to increase engagement and participation.