Question

Fantastic Snack Company has spent months developing a new type of snack chip, but the chips are not selling. Which of the following is the most likely mistake Fantastic Snack Company made?
A.conserving too valuable resources
B.spending capital it did not have
C.not researching production methods
D.not meeting the wants of its consumers

Answer 1

I think the correct answer from the choices listed above is option D. It would be not meeting the wants of its consumers that most likely the mistake Fantastic Snack Company made. In the production of food products, it is very important to know what the consumers wants in order to sell a product well.

Answer 2

Answer

Not meeting the wants of its consumers

Explanation

Consumers are people who pays or buys goods and serves from the producers for the purposes of consuming them. Consumers play a vital role in the economic system of a nation. Its the consumers demand that motivates the producers to produce more and more goods. So to maintain the high production which is driven by the consumers demand, the producers needs to meet the consumers wants. The consumer wants are the desires for products and the services , they may not be necessary but they are the consumer wishes.