The market sensing process of _____ helps to study and understand changes that occur in the markets and avoid complacency in reacting to such changes.
A) building open-minded inquiry
B) analyzing competitors' actions
C) listening to front-line employees
D) searching for latent customer needs

Question

The market sensing process of _____ helps to study and understand changes that occur in the markets and avoid complacency in reacting to such changes.
A) building open-minded inquiry
B) analyzing competitors' actions
C) listening to front-line employees
D) searching for latent customer needs

Quizplus · Accepted Answer

Building open-minded inquiry is a key part of the market sensing process as it involves actively seeking out and understanding changes in the market environment, which helps in avoiding complacency and staying responsive to market dynamics.

The Market Sensing Process of _____ Helps to Study and Understand