Customer Demand Will Always Remain an Unknown, So It Is

question 20

True/False

Customer demand will always remain an unknown, so it is not considered a source of variation.

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Definitions:

Need-satisfaction

A sales approach focusing on identifying and meeting the specific needs of customers, ensuring they are satisfied with the products or services offered.

Industrial Products

Goods produced and used within industries, including machinery, materials, and equipment, intended for manufacturing or service provision.

Problem-solution

A methodology or approach that identifies an issue and provides a strategic answer or resolution to address it effectively.

Group Insurance

A type of insurance policy that covers multiple individuals under one contract, commonly offered to employees by their employers.