Answer:
a. Outperform.
b. Gatekeepers.
c. Leveraging.
d. Value creation.
e. Producer.
Explanation:
A platform can be defined as a type of business model that creates value or focuses on assisting participants by facilitating exchanges and interactions between two or more interdependent groups of participants, who are mostly consumers and producers of finished goods and services.
This simply means that, a platform usually creates an effective and efficient market or community network with needed resources, for better interaction and transaction among various participants. Some examples of a platform business are brainly, airbnb, apple, microsoft, uber etc.
The notable characteristics and advantages of a platform business are;
a. Platform businesses tend to frequently outperform pipeline businesses.
b. Platforms scale more efficiently than pipelines by eliminating gatekeepers.
c. Platform businesses leveraging digital technology can grow much faster.
d. Platforms unlock new sources of value creation and supply.
e. Feedback loops from consumers to the producers allow platforms to fine-tune their offerings and to benefit from big data analytics.
Answer:
I think the answer is "D"
Explanation:
hope it helps :)
Phil Ruffin bought treasure island
Answer:
False
Explanation:
' Once a business has sold a service, it no longer needs to be concerned with customer satisfaction' is a False statement.
Customers are the pillars on which every business stands & their satisfaction should be a supreme priority for a business.
There is need of 'After Sale Services' after selling a service. This is important to ensure customer's expectations from the product are met, & they are satisfied with the business' services.
After sale services make customers feel valued. This generates customer retention, customers' loyalty towards business. Such customers are also likely to do word marketing & build a business' reputation in front of other customers.
Answer:
A) Diffusion of responsibility; escalation of commitment.
Explanation:
Diffusion of responsibility relates to the concept of psychology in which the individual tends to create the responsibility of some different person, because the group size is to large and then the individual thinks not to take the responsibility.
Escalation of commitments relates to the fact that an individual continues with all the previous decisions and do not alter his actions, in consideration to the current circumstances.
In the given instance, John Walker the CEO never met any of the employees of third-world nation, and therefore, he continues his decision, that this plant shall be closed as he once again do not study all the plants, but believes illogically that the close of this plant will be beneficial to company.
