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prodeco prodeco
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7 years ago
In her proposal to management, Stephanie suggests creating a variety of new services that will help Spa World satisfy unrecognized needs. Spa World's investors are skeptical. Some point out that Spa World customers have never purchased these services in the past, nor have they asked for them. Which of the following is the best reply Stephanie could offer to this objection?
A) When a new product or service is introduced into the market, other companies often find ways to improve on that product or service.
B) With proper attention to cost control, Spa World's expenditures on these services could be only a small portion of Spa World's overall budget.
C) Effective market research can identify customers' underlying needs and measure their interest in new products and services that meet those needs.
D) The costs of servicing some customers can be so high that a business can be more profitable by ending the relationship with those customers.
E) Organizations that offer new products and services often need to spend resources explaining features and benefits to customers who are unfamiliar with those products and services.
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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podrapodra
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7 years ago
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This site is awesome
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