Question: The relationship between value and price is important to a company. Which of the following accurately captures value and price in this scenario? a.Neither price
The relationship between value and price is important to a company. Which of the following accurately captures value and price in this scenario?
a.Neither price nor value are applicable in this investment scenario.
b.Toyota, as the "customer," defines the $500 million amount (or price) it invested in Uber, while Uber defines the investment's value to Toyota.
c.The market defines the $500 million amount Toyota invested in Uber, while Uber defines the investment's value to Toyota.
d.Value is defined as what Toyota receives from its investment of $500 million. The "price" of $500 million is the amount Uber decided to "charge" for sharing the technology.
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