What Is the Definition of Customer Needs

question 157

Multiple Choice

What is the definition of customer needs?

• A)a product or service that customers already possess
• B)a product or service that fills the status quo
• C)a product or service that the customer requires and does not possess
• D)a product or service that customers want

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Definitions:

Compensatory Damages

Monetary awards to a plaintiff in a lawsuit to compensate for losses or injuries incurred.

Punitive Damages

Financial compensation awarded by a court to the plaintiff, over and above the actual damages, to punish the defendant for egregious conduct.

Occupational Safety

Policies, procedures, and practices designed to protect employees from health and safety hazards at work.

Legal Environment

The framework of laws, regulations, and judicial decisions that govern the operations of businesses and affect their decision-making processes.