Question 5A company that makes a software product wants to grow their customer base. Which of the following is a specific business goal for this company?

Question 5An independent food truck vendor wants to grow its customer base. Which of the following is a specific business goal for this company? 1 pointWe want to increase our number of customers by 50% over the next 12 months. To do that, we will add two popular specials as standard menu items and introduce an efficient mobile payment kiosk. We want to increase the number of customers that we serve each year to increase our year-over-year revenue. To do that, we will sell more meals and make it easier for customers to pay. We want to increase our total number of customers this year. To do that, we will introduce more menu items and make it easier for customers to pay for their orders.We want to increase the number of meals we sell.

A key aim of the growth phase in the product life cycle is to increase profits.*5 pointsTrueFalse

The customer needs that keep a company in the market are called ___________(1 Point)basic needsperformance needsexcitement needsAll of the above

Which of the following is an example of a meaningful, specific business goal?

Why might a telecom company segment its customer base?  A. To determine its overall profit  B. To decide on the company's next product launch  C. To target specific promotions to different user segments  D. To consolidate its customer service teams