Answer to Question #310523 in Management for Asataluli

Question #310523

How changes in customers affect retail business industry?


1
Expert's answer
2022-03-17T00:35:03-0400

The effect of customers changes on retail business includes closure of the business when the company is not able to meet consumer needs. Customer changes also increase or decrease the retailer sales and profits as well as enhance business development as companies invest in modifying their businesses to suit the customer's needs such as the use of advanced technology.


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