How is value captured from customers?

What will be an ideal response?

Ans: via current and future sales, market share, and profit.

Business

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During ________ testing, the company's technical people observe how customers use the product, a practice that often exposes unanticipated problems of safety and servicing and alerts the company to customer training and servicing requirements

A) beta B) research C) sales-wave D) alpha E) simulated

Business

Which theory suggests that a country should export those goods and services for which it is more productive than other countries and import those goods and services for which other countries are more productive?

A) mercantilism B) comparative advantage C) absolute advantage D) specialization of countries

Business