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Types of Competition in the Market in the Context of New Value for Customers

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  • Slawomir Czarniewski

Abstract

The use of modern technology adds a new dimension to competition in the market. There is no doubt that modern information systems have become a space for multilateral communication, searching for information, performing transactions, and even co-creating value. Companies are increasingly building partnerships with the use of modern information technologies, as an opportunity for achieving tangible benefits such as cost reduction, acquisition of new customers (recipients) and building customer loyalty. The aim of this work is to introduce the possibility of customer value management using modern technology, including a presentation of the mechanisms that shape this process. This work is also an attempt to answer the question of how to capitalize on existing opportunities in the market, in the process of delivering value to customers, so as to increase their value, and thus increase the value of the company and generate benefits for shareholders. Reflections contained in the paper do not have definite characteristics and should be treated as an opinion in the discussion.

Suggested Citation

  • Slawomir Czarniewski, 2014. "Types of Competition in the Market in the Context of New Value for Customers," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(12), pages 259-269, December.
  • Handle: RePEc:hur:ijarbs:v:4:y:2014:i:12:p:259-269
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    References listed on IDEAS

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    1. Slawomir Czarniewski, 2014. "Elements of Knowledge Management Systems of Enterprises," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(4), pages 1-8, October.
    2. Dolfsma, W.A., 2005. "Collective Consuming: Consumers as Subcontractors on Electronic Markets," ERIM Report Series Research in Management ERS-2005-020-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
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    Cited by:

    1. Slawomir Czarniewski, 2015. "Mechanisms for the Creation of Innovation in Contemporary Business and Economy," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 5(1), pages 33-38, January.

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