Companies That Do Not Understand Their Customers' Needs Will Likely

question 13

True/False

Companies that do not understand their customers' needs will likely lose customers but not lose profitability.

---

Definitions:

Social Psychologist

A professional in psychology who studies how an individual's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Developmental Psychologist

A developmental psychologist specializes in understanding and studying the growth and changes that occur throughout the lifespan, including cognitive, physical, and social development.

Cultural Psychologist

A professional who studies how cultural practices influence human behavior and thought processes.

Clinical Psychologist

a professional specializing in diagnosing and treating mental, emotional, and behavioral disorders through psychological techniques and therapies.