Exam 12: Rent the Runway: Entrepreneurs Expanding an Industry by Blending Tech With Fashion, John Gallaugher - Information Systems: a Managers Guide to Harnessing Technology, Version 6.0

The term _________________________ is used in the business press to refer to startups valued at $1 billion or more.

The term ________________________ refers to the current value of future profits that will accrue from acquired customers.

Rent the Runway's primary warehouse; is the largest single dry cleaning operation in the United States.

Essay: How does the Rent the Runway model compare with firms like Uber and Spotify?

Rent the Runway's mobile app provides over 40 percent of firm traffic, and continues to rise.

The term ____________________ refers to when founders of a company alter their product offering, business model, or target market in hopes of crafting a more viable business.

Creating a business often involves convincing suppliers to participate in your new offering. While Rent the Runway had proven customer interesting, some designers had initial concerns about Jenn Hyman and Jenny Fleiss's firm. Briefly describe supplier concern.

What product types did Rent the Runway Unlimited start with? Why?

How can data analytics inform operations at Rent the Runway?

Stores can also function as _________ with same-day rental of certain styles.