________ ________ translates the business and customer strategies into specific value propositions for customers and the firm.
A)Value creation
B)Strategy development
C)Multichannel integration
D)Information management
E)Performance assessment

Question

Quizplus · Accepted Answer

Value creation is the process of translating the business and customer strategies into specific value propositions for customers and the firm. This involves identifying the customer's needs and wants and then designing products, services, and experiences that meet those needs while also creating value for the business. Strategy development, multichannel integration, information management, and performance assessment are all important components of value creation, but they do not specifically address the process of translating strategies into value propositions.

________ ________ Translates the Business and Customer Strategies into Specific

Translates the Business and Customer Strategies into Specific