Solved

Scenario 3-1 Two Home Builders Are Building Homes in Nearby Subdivisions. One

Question 22

Multiple Choice

Scenario 3-1
Two home builders are building homes in nearby subdivisions. One is offering 2,500 square foot homes with two-acre yards. The other is offering a similar size of house with quarter-acre yards. The builder offering the smaller lots cannot keep up with demand. The builder offering the larger lots has several unsold houses.
-Refer to the Scenario 3-1.What did the builder with the smaller lots most likely do to determine what home buyers desired?


A) reactive customer monitoring
B) proactive customer monitoring
C) competitive analysis
D) consumer confidence forecasts

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents