Question: A well - known supermodel founded a large global cosmetics company for diverse clientele after she found that no other company carried standard makeup products

A well-known supermodel founded a large global cosmetics company for diverse clientele after she found that no other company carried standard makeup products in widely diverse color pallets. What is true about this scenario? The company thrives because of disruption, the company is using a differentiation business model, crowd sourcing allows the company to build customer relationships, and all benefits CVP set up the company for success

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!