To be successful in today's highly competitive market a business needs to:
A)produce products that utilized the highest possible capacity of the production facilities.
B)focus on customers and give them what they want.
C)ensure they are using their production facilities as efficiently as possible.
D)empower their employees.

Question

Quizplus · Accepted Answer

Focusing on customers and giving them what they want is crucial for a business's success because it helps build customer loyalty and ultimately leads to increased sales and profits. Producing products at maximum capacity and utilizing production facilities efficiently are important as well, but if the products being produced do not meet the needs and wants of customers, it will not result in long-term success. Empowering employees is also important, but it is not the best answer in this scenario as it is more of a means to achieving success rather than a direct factor in success itself.

To Be Successful in Today's Highly Competitive Market a Business