Selling products only to a captive customer is a good approach for the long-term success of a firm

Name: Selling products only to a captive customer is a good approach for the long-term success of a firm
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

Relying solely on captive customers limits market expansion and diversification, making the firm vulnerable to changes in customer preferences, competitive actions, and market dynamics. It's essential for long-term success to explore broader markets.

Selling Products Only to a Captive Customer Is a Good