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:

Adolescents

Refers to young people who are in the transitional stage of physical and psychological development from puberty to adulthood.

Websites

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Selling

The act of offering goods or services in exchange for money or other compensation.

Research

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.