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A survey of 1000 customers revealed the following in respect of their buying habits of different grades?
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A survey of 1000 customers revealed the following in respect of their ...
Buying Habits of Different Grades


Survey Results


  • Grade A: 450 customers

  • Grade B: 300 customers

  • Grade C: 150 customers

  • Grade D: 100 customers



Explanation

The survey results show that Grade A is the most popular grade among customers, with 450 out of 1000 customers (45%) preferring it. This could be due to the perception that Grade A products are of higher quality compared to other grades.


Grade B comes in second with 300 customers (30%) choosing it. This grade is often seen as a balance between quality and affordability, making it a popular choice among customers who want good value for their money.


Grade C has 150 customers (15%) who prefer it. This grade is often associated with products that are cheaper and of lower quality, making it a popular choice among customers who are more price-sensitive and less concerned about quality.


Grade D is the least popular grade, with only 100 customers (10%) choosing it. This grade is often associated with products that are of the lowest quality and cheapest price, making it a less desirable choice for most customers.


Conclusion

The survey results suggest that customers have different preferences when it comes to choosing between different grades of products. While some customers prioritize quality over price, others prioritize affordability over quality. Businesses should take these preferences into account when deciding on the grades of products to offer to their customers.
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A survey of 1000 customers revealed the following in respect of their buying habits of different grades?
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A survey of 1000 customers revealed the following in respect of their buying habits of different grades? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A survey of 1000 customers revealed the following in respect of their buying habits of different grades? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A survey of 1000 customers revealed the following in respect of their buying habits of different grades?.
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