Identifying who the potential customer is will help the entrepreneur
A) conclude that their product is really a product for everyone, everywhere.
B) devise a strategy which will get the product to each and every person, regardless of cost.
C) identify serious customers who are actively looking for solutions in the early stages of the business.
D) discourage momentum in the later stages of business.

Question

Quizplus · Accepted Answer

Identifying potential customers allows an entrepreneur to focus on those who are actively seeking solutions that the business offers, especially in the early stages. This targeted approach is more efficient and effective than attempting to reach everyone, which is often not feasible or cost-effective.

Identifying Who the Potential Customer Is Will Help the Entrepreneur