The document discusses the importance of businesses creating products or services that provide value exceeding their production costs, emphasizing the need for effective resource management and customer understanding. It highlights the significance of branding and reputation in attracting customers and justifying higher prices. Additionally, it suggests that businesses should continuously evaluate their offerings to enhance perceived customer benefits and maintain competitiveness in the market.
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Adding Value
The document discusses the importance of businesses creating products or services that provide value exceeding their production costs, emphasizing the need for effective resource management and customer understanding. It highlights the significance of branding and reputation in attracting customers and justifying higher prices. Additionally, it suggests that businesses should continuously evaluate their offerings to enhance perceived customer benefits and maintain competitiveness in the market.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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