Advertisements
Advertisements
Question
Who are customers?
Solution
Customers are the individuals and groups who purchase the products or services of a business firm.
APPEARS IN
RELATED QUESTIONS
Which of the following statement is true in the context of customer?
"They assume greater risk of loss of capital," this is degree of risk estimated by ______.
"They are the members of the company, having voting rights also", who are they?
Which is least likely to be a stakeholder in an organisation?
Which of the following statement is true?
Distinguish between a shareholder and a creditor.
Distinguish between shareholders and customers.
Give any five points of difference between stakeholders and customers of a company.
The customer is the foundation of business and keeps it in existence but they are not the stakeholders of the firm. Why?
Explain the expectations of customers from a firm.
