The Value Proposition Is an Important Marketing Concept

question 31

Essay

The value proposition is an important marketing concept.Explain the concept and give an example of how an Internet business creates value for customers.

---

Definitions:

Payment For Supplies

The monetary expenditure for obtaining supplies necessary for the operation of a business.

Monthly Adjustment

A routine accounting process for updating financial statements and records to reflect changes and transactions that occurred within a month.

Supplies Used

The amount of materials and goods utilized during a specific period for the operation of a business.

General Journal

A primary accounting record where all financial transactions are initially recorded, before being posted to specific accounts in the ledger.