Home
/
Business
/
Listening to your customers In order to develop a better product is an example of __ effective marketing research effective distribution market capitalization promotion and public relations Need help? Revlew these concept resources. Read About the Concept

Question

Listening to your customers In order to develop a better product is an example of __
effective marketing research
effective distribution
market capitalization
promotion and public relations
Need help? Revlew these concept resources.
Read About the Concept

Listening to your customers In order to develop a better product is an example of __ effective marketing research effective distribution market capitalization promotion and public relations Need help? Revlew these concept resources. Read About the Concept

expert verifiedVerification of experts

Answer

4.6387 Voting
avatar
ZephyrProfessional · Tutor for 6 years

Answer

'O effective marketing research'

Explain

## Step1: <br />This question pertains to distinguishing different concept methods associated with business strategies and how they can improve product development.<br />## Step2:<br />Option 'O effective marketing research' highlights techniques where businesses give importance to the customers' feedback in their marketing mix elements to enhance their educated company picture, possibly driving a stronger product evolution. Based on the defined situation wherein businesses listen to their customers for product improvement and advancement, option 'O' is particularly applicable.<br />## Step3: <br />Option 'O effective distribution' can ensure that products are provided to customers cost-effectively and efficiently, but doesn't directly correlate with the instance given where businesses need to listen to their customers for product enhancement.<br />## Step4: <br />Option 'O market capitalization' corresponds to the overall market worth computation of the business, and therefore does not facilitate product improvement thinking about the customers' suggestions and reviews.<br />## Step5: <br />Option 'O promotion and public relations' don't particularly involve product enhancement based on customer responsiveness, these rather form a part of broader marketing and communication strategies.<br />## Step6: <br />Taking these considerations into view, the question of developing an enhanced product by listening to consumers appropriately relates under the technique of effective marketing research.
Click to rate:

Hot Questions

More x