An example of the business strategy create demand by solving problems would be for a pharmaceutical company to recognize that drug delivery was a problem, and then provide equipment to help deliver drugs.

Question

Quizplus · Accepted Answer

This strategy involves identifying a problem in the market and offering a solution to meet the needs of customers, which in turn generates demand for the company's products or services. In this example, the pharmaceutical company recognizes the problem of drug delivery and provides equipment to improve it, which can create demand for their drugs as they become easier and more effective to administer.

An Example of the Business Strategy Create Demand by Solving