Developing and Delivering Customer __________ Are Ways That Many Companies

question 13

Short Answer

Developing and delivering customer __________ are ways that many companies are going beyond offering products and services to try to differentiate themselves from the competition.

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Definitions:

Unique Needs

Specific requirements or preferences that differ among individuals or entities, often necessitating customized solutions.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Economies of Scope

Cost advantages that enterprises obtain due to a broad range of products rather than specializing in a single product or service, enabling more efficient use of shared resources.