Multiple choice

An example of a changing customer need as business opportunity

  1. changing price of complimentary goods

  2. gentrification of a suburb

  3. changes in potential customers

  4. all of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Changes in the price of complementary goods, local demographics (gentrification), and the composition of the customer base all influence market demand and create new business opportunities.