What is the difference between consumers and customers? Why might the link to consumers be more important
Question:
What is the difference between consumers and customers? Why might the link to consumers be more important today?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Consumers and customers are often used interchangeably but they represent distinct roles in the business context Consumers Consumers are individuals o...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...
-
re Regular Languages and Finite Automata (a) Let L be the set of all strings over the alphabet {a, b} that end in a and do not contain the substring bb. Describe a deterministic finite automaton...
-
Write an alternative definition that is tail-recursive (iterative) and makes use of accumulator variables. [10 marks] Explain why your alternative definition executes more efficiently. [3 marks] 1...
-
Is an oil pipeline a simplex system, a half-duplex system, a full-duplex system, or none of the above? What about a river or a walkie-talkie-style communication?
-
Barton Construction Company purchased a piece of heavy equipment on January 1, 2017, which it is depreciating using the straight-line method. The equipment's useful life is 5 years and its residual...
-
1. Who prevails and why? 2. If Jones had been unable to work due to illness or injury, would that be sufficient to meet the undue-hardship standard set out by the court? 3. One court did not find...
-
A trim heater is to be designed to heat \(116,000 \mathrm{lb} / \mathrm{hr}\) of \(57 \mathrm{wt} \%\) ethane, \(25 \mathrm{wt} \%\) propane, and \(18 \mathrm{wt} \%\) n-butane from 80 to...
-
Alliance Air is a service in which customers pay a flat-rate to Alliance Air and are guaranteed a seat on an airplane between any two locations. To offer this service, Alliance Air prepurchases daily...
-
Short-selling Suppose Susan opens a brokerage account to short-sell 100 shares of XYZ at $10 per share. The initial margin requirement is 50%, the maintenance margin is 20%. If Susan borrows stocks...
-
Find two outside examples of how companies created new product lines as a result of identifying market opportunities or problems.
-
What factors go into developing the right marketing strategy? How might the right marketing strategy change over time?
-
A BCC iron structure is to be manufactured that will allow no more than 50 g of hydrogen to be lost per year through each square centimeter of the iron at 400 C. If the concentration of hydrogen at...
-
An electrical wire is strung horizontally between two utility poles. The current is travelling toward the east. a) State the rule used to determine the direction of the force on the wire due to...
-
During the past year, Perel Corporation had profit of $126,000, its accounts receivable decreased by $3,500 and its accounts payable decreased by $4,500. What would be the company's cash flows from...
-
{U** W This bar is 0.2 meters long and moving 22.1 m/s through a magnetic field of 58 mT. What is the induced electromotive force in the bar? Round to two decimal places. EMF = unit If the resistor...
-
If an edge detector is as follows: Convolve image f(x)with go Convolve f(x)with go to form h(x). h(x)-h(x) Compute h(x) = 0-01 Find zero-crossings of h3 (x). e 1|X to form h (x). a. Describe how...
-
Define Secondary Traumatic Stress, Compassion Fatigue aka burnout, and self - care. Then explain how YOU personally can be affected and what steps would you do for selfcare? Question: Define Trauma...
-
Discuss the purpose of a partnership agreement. Is such an agreement necessary for partnership formation?
-
Find the equation of the plane passing through the points P 5,4,3 ,Q 4,3,1 and R 1,5,4
-
A researcher develops hypotheses which suggest that consumers like ads better when they (1) are truthful, (2) creative, and (3) present relevant information. Picture the conceptual model that would...
-
What are relationships? What is a positive relationship? What is a negative relationship? Give an example of a positive and a negative relationship.
-
What type of exploratory research design (observation, projective interview, in depth interview, focus group) would you suggest for each of the following situations and why?
-
You have been accepted to the London School of Economics. After grants and scholarships, the tuition is 20,000 in two payments, 10,000 on July 1 and 10,000 on November 1. Your friend in Great Britain...
-
The president of a company says that new products to be introduced are sure to double company profits. Based on this, investors buy stock in the company, pushing up its price. The products flop, the...
-
Sking about the potential deal, if pfizer acquires curevac what could be potential concerns in the deal or transaction considering pfizer is US based and curevac is german?
Study smarter with the SolutionInn App