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- A software development company is experiencing high customer churn rates despite having a superior product. Which component of the Business Model Canvas should the company reassess to improve customer retention, and what strategies could they employ? Customer Relationships - Implement regular feedback loops and personalized support to enhance customer satisfaction. Key Resources - Invest in continuous product Improvement and innovation to stay ahead of competitors. Revenue Streams - Offer subscription based pricing with tiered features to incentivize long-term commitment. Channels - Explore new distribution channels or partnerships to reach untapped customer segments.
- A startup creating a platform for remote work collaboration aims to enhance its value proposition. Given the importance of efficient communication which element of value should it prioritize? Provides Hope Connects Reduces Anxiety Integrates
- A home security system company is evaluating its value proposition in a competitive market. To assure homeowners of safety and peace of mind, the company should highlight: Reduces Anxiety Protects Health Reduces Risk Connects
- A fitness app aiming to motivate users to lead healthier lifestyles is reassessing its value proposition. To create life-changing value, it should emphasize: Self-Actualization Provides Hope Rewards Me Adds Fun and Excitement
- D 18) Match the economic philosophies in order of their relative positions on the illustration. square B. C. D. E. laissez-faire capitalism social-market capitalism socialism communism square square square square square