When companies watch both their buyers and their competitors, they are called ________ companies.
A) product-centered
B) market-centered
C) customer-centered
D) competitor-centered
E) cost-centered

Question

Quizplus · Accepted Answer

Market-centered companies focus not only on their customers but also keep a close eye on their competitors. They try to understand the changing preferences and needs of their target customers and constantly adapt their strategies to stay ahead in the market.

When Companies Watch Both Their Buyers and Their Competitors, They