Knowing What Customers Expect Is Essential

question 121

Multiple Choice

Knowing what customers expect is essential. Retailers need to know which manufacturers their customers prefer, while manufacturers need to know

• A)if customers are using credit cards or cash to make purchases.
• B)how many employees the retailers have.
• C)where their target customers expect to find their products.
• D)whether the products will fill a customer's self-actualization needs.
• E)whether customers will find the store atmospherics appropriate to the location.

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Definitions:

Economic Growth

An outward shift of the production possibilities frontier brought about by an increase in available resources and/or a technological improvement.

Income Distribution

The way in which a country's total income is distributed among its population, affecting economic inequality and living standards.

International Water Management Institute

A research organization that focuses on the sustainable use of water and land resources in developing countries to ensure food security and reduce poverty.

Clean Water

Water that is free of pollutants and contaminants, making it safe for human consumption and use.