Sunday, 19 May 2024, 1:46 AM
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Course: 25C00100 - Entrepreneurship and Innovation Management, 01.11.2018-22.11.2018 (25C00100_1133538837)
Glossary: Glossary
B
B – CRemember the formula for value creation: value created = benefits perceived by the consumer (B) – the costs incurred by the producer (C). |
bottle shopAlcoholic beverages are not sold in supermarkets in
Australia but in specialised stores known as bottle shops. In the US, they are
called liquor stores and in the UK, off-licences or ‘offies’. |