Large companies understand their customers more in the local area compared to a small firm.

Name: Large companies understand their customers more in the local area compared to a small firm.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Small firms typically have a smaller customer base and are able to interact more closely with their customers, leading to a better understanding of their needs and preferences. Large companies may have more resources for market research, but may also struggle to connect with customers on a personal level.

Large Companies Understand Their Customers More in the Local Area