Reed has established a new business selling fragrant candles. His marketing research has shown that his potential customers prefer to handle and smell the candles before making a purchase. As a result, Reed signed a contract to lease a small shop at the regional mall. In this scenario, what is Reed responding to by choosing to lease the shop?

(1 point)
Responses

costs of business

costs of business

product needs

product needs

work/life balance

work/life balance

employer requirements

1 answer

In this scenario, Reed is responding to product needs by choosing to lease the shop. By having a physical location, he is addressing the preferences of his potential customers who want to handle and smell the candles before purchasing.