Question 5A company that makes a software product wants to grow their customer base. Which of the following is a specific business goal for this company?
Question
Question 5
A company that makes a software product wants to grow their customer base. Which of the following is a specific business goal for this company?
Solution
The question doesn't provide specific options to choose from. However, based on the context given, here are a few potential business goals for a company that makes a software product and wants to grow their customer base:
- Increase the number of software subscriptions or purchases by a certain percentage within a specific timeframe.
- Expand into new markets or demographics.
- Improve customer retention rates.
- Increase the number of free trial users who convert to paid users.
- Increase brand awareness and visibility in the software industry.
Each of these goals is specific, measurable, achievable, relevant, and time-bound (SMART), which are key characteristics of effective business goals.
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