Which of the following types of companies is felt to be in a better position to identify new opportunities
A) Competitor centered
B) Customer centered
C) Service centered
D) Distribution centered
E) Niche centered

Question

Quizplus · Accepted Answer

Customer centered companies are in a better position to identify new opportunities since they focus on understanding customer needs, preferences, and behavior. By doing so, they can identify areas where customers are currently underserved or unmet needs and develop new products or services to address those gaps. Competitor-centered companies may be too focused on emulating their competitors' strategies and miss out on unique opportunities. Service centered, distribution centered, and niche-centered companies may have a narrower focus that limits their ability to identify new opportunities.

Which of the Following Types of Companies Is Felt to Be