By properly understanding customer needs and channel dynamics, a business can
A) build a competitive advantage.
B) introduce new products.
C) increase the acquisition costs of its products.
D) reduce advertising spending.
E) compensate for product weaknesses.

Question

Quizplus · Accepted Answer

By understanding customer needs and channel dynamics, a business can identify opportunities to differentiate and create a competitive advantage, leading to increased customer loyalty and market share.

By Properly Understanding Customer Needs and Channel Dynamics, a Business