Before the Firm Decides What Products to Offer and What

question 38

Multiple Choice

Before the firm decides what products to offer and what benefits and features they will have, the firm must decide all the following questions EXCEPT:

• A) who the firm should serve.
• B) when the customer's needs should be satisfied.
• C) what needs the firm should satisfy.
• D) what core competencies are needed to satisfy customer needs.

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Definitions:

Leaders

Individuals who influence and guide others within an organization or group toward achieving objectives.

Life Cycle

The sequence of stages through which a living organism or a project passes from its inception to its conclusion or cyclical return.

Consolidation

The process of combining multiple parts into a single, more efficient or coherent structure, often referring to business operations or financial activities.

Task Agendas

A list or plan that outlines specific tasks or activities to be completed, often used to organize work or meetings.