Migrants arrive in UK less than a week after sinking tragedy

The video tutorial provides insights into understanding the fundamental needs of a business.

What is the primary focus when discussing business needs?

• Expanding market reach

• Improving employee satisfaction

• Understanding customer requirements

• Maximizing profits

Which of the following is a key step in identifying business needs?

• Conducting market research

• Increasing advertising budget

• Reducing operational costs

• Hiring more staff

Why is it important to identify business needs?

• To increase product variety

• To align with customer expectations

• To reduce competition

• To enhance brand image

What can be a consequence of not understanding business needs?

• Enhanced market position

• Higher employee turnover

• Increased customer loyalty

• Improved product quality

Which method is effective for gathering information about business needs?

• Increasing production speed

• Ignoring customer feedback

• Analyzing sales data

• Reducing product prices