MGMT 1000 Study Guide - Final Guide: Air Compressor, Jeremy Bentham, Interaction Design

• School: University of Guelph
• Department: Management
• Course: MGMT 1000
• Professor: Trent Tucker

Document Summary

Question 1: the set of value proposition benefits that you design to attract customers. Answer 1: what is to create value? (pg. Question 2: when you address important jobs, alleviate extreme pains, and create essential gains that customers care about. Question 3: going beyond functional jobs and addressing emotional and social jobs. Answer 3: what is one of the then characteristics of great value propositions? (pg. Question 4: occurs when your experiment fails to detect, for example, a customer job was designed to unearth. Answer 4: what is an occurrence of a false-negative trap? (pg. Question 5: reinvent yourself while you are successful, don"t wait for a crisis to force you to. Answer 5: what is one thing to remember when you build transient advantages? (pg. Question 1: customer relationships are established and maintained with each customer segment. Answer 1: what is one of the nine building blocks to a business model? (pg.