Which of the Following Statements Is True of Customer Needs

question 24

Multiple Choice

Which of the following statements is true of customer needs?

• A)Satisfying customer needs is the first step in successful market segmentation.
• B)All potential customers have the same needs.
• C)Solving customer problems requires knowing the identity of target customers.
• D)A business with a strong market orientation rarely divides its served market into customer segments.
• E)The factors influencing the needs of both consumers and businesses are the same.

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Definitions:

Fatal Flaw

A critical weakness or mistake in a character or system that ultimately leads to its downfall or failure.

Alcohol Studies

An interdisciplinary field of research that examines the impact of alcohol consumption on health, society, and individual behaviors.

Operational Definition

A definition that translates the variable we want to assess into a specific procedure or measurement.

Specific Procedure

A set of established steps or actions designed to achieve a particular outcome or result in a precise manner.