Student or Learner
In marketing documentation, I read sentense below but could not understand.
Please tell me what "joint value" and "legacy growth" mean.
1. Value Driven
Joint value, outcome-focused performance management
Acquire, merge, partner
legacy gowth, business units and functions
Thank you, always,
A few words concerning the questions above.
joint-value relationships: two (or more) equal stakeholders share the same goals and objectives, collaborate to create a new product or service that they could not have created on their own, and go to the market together with a joint-value proposition.
legacy = money or property bequeathed to another by will
bequeath = To leave or give (personal property) by will.
legacy = personal property given by a person under his will, including leaseholds, (but not freeholds), money, securities, furniture, etc.
leasehold = the right, given in a lease to a person called leaseholder or lessee or tenant, to own and use land and buildings foe a stated period in return for payment of a premium or rent.
Freehold = a legal right to hold land as the absolute owner, free of payment or duty to others.
Securities = investment generally, and especially stocks, shares and bonds which are bought as investments. Formerly the word had a narrower meaning: debts or claims the payment of which is in some way secured, but this meaning is seldom used in modern business language.
There is another version of the term legacy:
legacy cost = the cost of retiree pension, health, insurance, and other benefits to an employer.