Answer to Question #196409 in Management for kavita

Question

Conduct some online research about Apple Pay.

1)Outline how Apple Pay creates value for its customers .

 2)With respect to Apple Pay, is Apple a producer, a consumer, or an intermediary? Explain.

3.)Identify all the reasons why Apple’s partnerships are essential to the success of Apple Pay.

Answer 1

How Apple Pay Creates Value for Its Customers

Apple Pay adds value to its users by providing subscriptions to Apple Music and iCloud storage and restoration. App Store, Apple Pay, iTunes, and Apple TV are among the company's transactional offerings. Clients gain added value from these content adverts since they can choose their specifications without difficulty.

2) Is Apple a producer, a consumer, or an intermediary?

 Yes. This is just because it connects consumers to a variety of services from diverse industries.

3.) Reasons As to Why Apple’s Partnerships Are Crucial to the success of Apple Pay.

Apple's partnerships are critical to the achievement of Apple Pay because they allow the company to have access to a wide range of skills from many industries, boost its experience, and expand its resource pool.