Examlex
Consumer satisfaction is important because:
Economic Efficiency
A condition in which all available resources are utilized in a way that produces the highest combination of quantity and quality of goods and services.
Market Economy
An economic system in which decisions on production and consumption are based on voluntary exchange in markets.
Incentives
Factors, monetary or otherwise, that motivate individuals or businesses to act in a certain way, typically to achieve certain goals or outcomes.
Society's Welfare
The overall well-being and quality of life of a community or society, often considered in terms of health, happiness, and prosperity.
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