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What benefit does a business get by understanding customer needs?

Answer and explanation

Correct answer: The right product or service can be made

Understanding customer needs helps a business design, adapt, or offer products and services that solve actual problems and provide value. This can improve satisfaction and market acceptance, although it does not guarantee that every customer will buy. It also cannot make expenses automatically zero or allow a business to operate without effort. Thus, A states the direct benefit.

Related tags

Customer-NeedMarketBusinessEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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