In order to compete well and gain market share, contemporary businesses are changing to be more .
A)customer-driven
B) cash-driven
C) management-driven
D)production-driven

Question

Quizplus · Accepted Answer

Contemporary businesses are focusing more on their customers' needs and preferences in order to retain them and gain new ones. This customer-driven approach helps businesses to stay competitive and succeed in the market. Cash-driven and production-driven approaches can limit a business's growth potential, while management-driven approaches may not take into account the importance of customer satisfaction.

In Order to Compete Well and Gain Market Share, Contemporary