Managers Need to Understand Customers Because ________

question 161

Multiple Choice

Managers need to understand customers because ________.

• A) they are the key in influencing the board decisions and help in formulating policies with the suppliers
• B) they guide the managers to formulate pricing policies
• C) they are more knowledgeable as they easy access to price and other information online
• D) they influence the costing decisions of the product

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Definitions:

Education For All Handicapped Children Act

The Education for All Handicapped Children Act was a landmark legislation in the United States that required all public schools accepting federal funds to provide equal access to education for children with physical and mental disabilities.

Least Restrictive Environment

A principle in special education that students with disabilities should be educated to the maximum extent appropriate with peers who do not have disabilities.

SAT

A standardized test widely used for college admissions in the United States, assessing reading, writing, and mathematical reasoning.

ACT

A widely used achievement test measuring skills and knowledge taught in high school that is used as an entrance exam for undergraduate studies.