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A Customer-Focused Business Has a Strategic Focus on Customer _______________

question 8

Short Answer

A customer-focused business has a strategic focus on customer _______________, which recognizes that quality rather than price has become the primary determinant in a customer's perception of value.


Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity of a business.

Benjamin Graham

Widely recognized as the father of value investing, he was an economist, professional investor, and Columbia Business School professor.

Investment Funds

Pooled funds from investors that are managed on their behalf by an investment manager, investing in a variety of assets to meet specific investment goals.

Income Statement

A financial statement showing a firm’s revenues and expenses during a specified period.

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