Knowing how many customers will be needed is important because:
A)a business needs as many customers as possible
B)a company can resell product to the same customer
C)it will determine the level of effort required to earn enough revenue for business success
D)it will determine how much profit the company can make

Question

Quizplus · Accepted Answer

Knowing how many customers are needed will help a business determine the level of effort required to generate enough revenue for success. This can inform business decisions such as pricing, marketing, and sales strategies. The other choices, such as having many customers or reselling to the same customer, are not necessarily the primary goals of a business and may not be sustainable in the long term. The number of customers may also impact profit, but this is not the only consideration for success.

Knowing How Many Customers Will Be Needed Is Important Because