How Do Retailers Increase the Value Consumers Receive from Their

question 13

Essay

How do retailers increase the value consumers receive from their purchases?

---

Definitions:

CEO Position

The Chief Executive Officer position, the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

Cloud Computing

A technology in which tasks are performed by computers physically removed from the user and accessed over a network, in particular the Internet.

Utility Computing

A technology whereby a service provider makes computing resources and infrastructure management available to a customer as needed.

Virtualization

The process of creating a virtual version of something, including virtual computer hardware platforms, storage devices, and computer network resources.