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A Company Should Not Always Target All Possible Customers

question 17

Multiple Choice

A company should not always target all possible customers. Which kind of customer is not the most valuable to a company, but, can over time, contribute to the firm's success?


Definitions:

Preferences

Individual choices or tastes regarding various bundles of goods and services.

Consumer Choice

The decision-making process by which individuals select from available alternatives to maximize their satisfaction.

Income Rises

An increase in the amount of money earned from work, investments, or other sources over a period of time.

Particular Good

A specific item or product that is distinguished by its unique characteristics and attributes, offering distinct benefits to the consumer.

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