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All of the following describe the products or services provided by successful firms except: A. obsolete. B. reasonably priced. C. adequate quality. D. desired by customers. E. customer satisfying

Question

All of the following describe the products or services provided by successful firms except: A. obsolete. B. reasonably priced. C. adequate quality. D. desired by customers. E. customer satisfying

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Solution

The correct answer is A. Obsolete. Successful firms typically do not provide products or services that are obsolete, or out-of-date. They strive to offer products or services that are reasonably priced (B), of adequate quality (C), desired by customers (D), and satisfying to customers (E).

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