BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -As marketers continue to focus on providing a unique, memorable customer experience, new research suggests that they anticipate customer expectations to rise in the coming months.

Detailed explanation-2: -A demand arises after a customer desires something and has the ability and willingness to buy. Lowering a price can increase demand by making the price affordable, but the desire must already exist in the customer before you can turn that desire into demand.

Detailed explanation-3: -Being an informed consumer is advantageous to the economy, market and consumers. An informed consumer is capable of making sensible decisions by gaining an insight about a product prior to its purchase. This insight equips the consumer with the data to arrive at an evidence based conclusion.

Detailed explanation-4: -Meaning of customer demand in English. the type and quantity of products and services that people will buy, or would buy if they were available: Successful businesses adapt their products to meet customer demand.