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A person believes that customer feedback is useful only for failed businesses. What is the correct fact?

Answer and explanation

Correct answer: Feedback can improve both successful and new businesses

The direct answer is B: feedback can improve both successful and new businesses. Customer feedback is information about what people like, dislike, need, or find difficult. A new business can use it to correct its product and understand its market. A successful business can also use it to protect quality, notice changing needs, improve service, and remain competitive. Feedback is not limited to complaints and is not useful only after failure. Option A is wrong because useful feedback can strengthen a successful business rather than harm it. Option B is correct because both new and established businesses can learn from customers. Option C is wrong because positive, negative, and neutral feedback can all provide information; negative comments are not the only useful kind. Option D is wrong because customers experience the product and can give valuable practical information, even though the business must judge feedback carefully. Exam cue: feedback means continuous improvement, not merely repair after failure.

Related tags

Feedback-MythContinuous-ImprovementCustomersMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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