Chapter 11, Problem 3AA

To determine

To state: Correct word to complete the sentence.

Answer to Problem 3AA

The correct word for the sentence is method.

Explanation of Solution

Questionnaires serve as a great tool for the businesses in knowing the needs and wants of the consumers. Consumer wants and their satisfaction are essential for any business. Therefore, all the business tries to know their customer needs and make products accordingly. If a company wants its products to be successful and profit generating, then it must cater to the needs of the consumers.

Economics Concept Introduction

Introduction: There are numerous ways by which a company can obtain information about the needs and wants of their consumers out of which sending out questionnaires is one of them.