Customers have the power to:
A) Raise prices
B) Demand higher quality
C) Lower service quality
D) Coordinate competitors

Question

Quizplus · Accepted Answer

Customers have the power to demand higher quality from the businesses they interact with. This can lead to improvements in product design, customer service, and overall customer experience. However, it is important to note that customers do not have the power to unilaterally raise prices or lower service quality. They also do not have the power to coordinate with competitors, as this would be anti-competitive behavior.

Customers Have the Power To