The ultimate goal of every business firm should be to satisfy the needs of its customers.

Question

Quizplus · Accepted Answer

The ultimate goal of every business firm is to satisfy the needs of its customers as this ensures customer loyalty, repeat business, and positive word-of-mouth recommendations, which are all vital for the long-term success and growth of the company. Failing to prioritize customer satisfaction can result in lost sales, negative reviews, and a damaged reputation.

The Ultimate Goal of Every Business Firm Should Be to Satisfy