Asked by Joshua Mollie on May 31, 2024
Verified
Knowing what customers expect is essential. Retailers need to know which manufacturers their customers prefer, while manufacturers need to know
A) if customers are using credit cards or cash to make purchases.
B) how many employees the retailers have.
C) where their target customers expect to find their products.
D) whether the products will fill a customer's self-actualization needs.
E) whether customers will find the store atmospherics appropriate to the location.
Target Customers
Individuals or groups identified as the primary audience for a business's products or services, often characterized by specific needs and preferences.
Manufacturers
Entities involved in the process of producing goods from raw materials through various means, such as machinery, labor, and assembly processes.
Retailers
Businesses that sell goods directly to consumers through various channels, including stores, online platforms, and through mail.
- Understand the anticipations of customers within retail settings and their influence on strategies for both retail and manufacturing sectors.
Verified Answer
Learning Objectives
- Understand the anticipations of customers within retail settings and their influence on strategies for both retail and manufacturing sectors.
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