Markets have become too competitive to focus just on the consumer alone.

Question

Quizplus · Accepted Answer

In today's market, it is not just enough to focus solely on the consumer as there are dozens of competitors vying for their attention. Companies need to also focus on factors such as branding, pricing strategy, supply chain management, and distribution channels in order to stay competitive. Ignoring these factors may result in losing market share to rivals who are more adept at managing their resources holistically.

Markets Have Become Too Competitive to Focus Just on the Consumer