ABC company delays replying to customers queries and loosing customers due to this reason. Which of the competitive strategies would suggest to this company and why?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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ABC company delays replying to customers queries and loosing customers due to this reason. Which of the competitive strategies would suggest to this company
and why?
Transcribed Image Text:ABC company delays replying to customers queries and loosing customers due to this reason. Which of the competitive strategies would suggest to this company and why?
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Introduction to the topic

Customer is the main source of income to every business so it is necessary to satisfy or safeguard the interest of the customers in the market. They are considered as a god in the market they are the reason for the survived of the market. 

              A business which is having good customer response and fulfill all the demands of the customers are consider as the good business. Customers buy good and services when they found it useful in term of money and proper utilisation of money. 

                 So it necessary to maintain a proper communication between the customers and the business so the business is able to take care of the customers interest. 

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