Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following approaches could best help a business be more responsive to its customers? Select one: O a. Focus on the most profitable

Which of the following approaches could best help a business be more responsive to its customers? Select one: O a. Focus on the most profitable customers and give them special benefits. O b. Exploit opportunities by finding large companies who are interested in becoming customers. O c. Segment the customer base into distinct groups, and figure out how to appeal to each group. O d. Avoid threats by focusing on customers' enduring tastes and needs. Fir
image text in transcribed
Which of the following approaches could best help a business be more responsive to its customers? Select one: a. Focus on the most profitable customers and give them special benefits. b. Exploit opportunities by finding large companies who are interested in becoming customers. c. Segment the customer base into distinct groups, and figure out how to appeal to each group. d. Avoid threats by focusing on customers' enduring tastes and needs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Handbook Of Management Techniques

Authors: Michael Armstrong

3rd Edition

074943094X, 978-0749430948

More Books

Students also viewed these Accounting questions

Question

=+Who are they?

Answered: 1 week ago