Satisfying the needs of customers is:
A a legal requirement
B a market research task
C a purpose of business activity
D the role of the human resources function
Your answer - OCR - GCSE Business - Question 4 - 2021 - Paper 1
Question 4
Satisfying the needs of customers is:
A a legal requirement
B a market research task
C a purpose of business activity
D the role of the human resources function
... show full transcript
Worked Solution & Example Answer:Satisfying the needs of customers is:
A a legal requirement
B a market research task
C a purpose of business activity
D the role of the human resources function
Your answer - OCR - GCSE Business - Question 4 - 2021 - Paper 1
Step 1
A purpose of business activity
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Answer
Satisfying the needs of customers is fundamentally about delivering value and meeting expectations, making it a core purpose of business activity. Businesses exist to serve customers by providing products or services that fulfill their needs.