ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Companies have been forced to pay more attention to the specific needs of consumers because of which factor?
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Competition
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Advertising
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Automation
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Merchandising
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Explanation:
Detailed explanation-1: -Competitive advantage is what makes a customer choose your business over another one.
Detailed explanation-2: -the product: a physical good, a service, experience or idea designed to fill the customer’s want or need. the provider (or seller): the company or organization offering a need-satisfying thing, which may be a product, service, experience or idea.
Detailed explanation-3: -Product differentiation depends on consumers’ attention to one or more key benefits of a product or brand that make it a better choice than similar products or brands.
There is 1 question to complete.