10. Explain one reason why there are so many new business enterprises providing consumer services. [3]

[Sir Afzal Shad]

Q10. Explain one reason why there are so many new business enterprises providing consumer services. [3]

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Possible Structure:
[KN]
[AN]
[AN+]

[Shanze Arsalan]

KN: Today's consumers often prioritize time-saving experiences. They seek services that make their lives easier, more efficient, and more enjoyable. New business enterprises recognize this shift in consumer preferences and create services that cater to these demands.
AN: This will help the business in fulfilling basic customer needs in the modern age
AN+: When customers are beig taken care of they will be loyal to the business and often interact with the business for more services which will not only hep in increasing profit but also cause publicity to occurr between customers.

I am really confused about this question and would like to have a discussion on this with you.

[Shanze Arsalan]

KN: Today's consumers often prioritize time-saving experiences. They seek services that make their lives easier, more efficient, and more enjoyable. New business enterprises recognize this shift in consumer preferences and create services that cater to these demands.
AN: This will help the business in fulfilling basic customer needs in the modern age
AN+: When customers are beig taken care of they will be loyal to the business and often interact with the business for more services which will not only hep in increasing profit but also cause publicity to occurr between customers.

I am really confused about this question and would like to have a discussion on this with you.

[zeemal rashid]

[KN] easy access of the goods and services
[AN] due to the advancement of technology, the consumer's demand for services had increased as they desire ease in purchasing of their product
[AN+] therefore, to increase the brand image and customer loyalty the businesses want to fulfill as many desires of the consumers as possible

[Hamnah Naz]

[KN] Many new businesses enterprises provide customer services in order to increase customer loyalty. [AN] This means that new businesses enterprises aim to build close customer relationships so that the customer chooses the businesses brand than those of its competitors, it may do this by offering good customer services to increase customer satisfaction. [AN+] This proves that a business being able to maintain good customer relations and customer loyalty is likely to have guaranteed customers and repeat sales. In addition, due to these loyal customers new customers are also likely to be attracted to the business due to its customer services. As a result, customer base may expand.

[Zubiah gull]

[KN]Many new enterprises are set up in industries often because of the entrepreneur,s own skills and the small su of capital required.
[AN]these industries include fishing -from a small boat owned by an entrepreneur.
[AN+]market gardening-producing cash crops to sell at local markets.

[Aleezay Naseem]

Kn:increasing demand for convenience and personalized experiences among customers
An:With the rise of technology and the internet, customers have become more accustomed to fast and easy access to goods and services
An: hence business's are providing consumer services to maintain customer loyalty and not loose their customers to competitors

[Syed Ammar Ali]

[KN] as they may be accessable and easier in satisfying needs and wants of customers
[AN] as there is less human effort, people may find it easier to provide services than goods
[AN+] there is no cost of displaying and transporting goods

[Hamna Zia]

[KN]Easy and fast access to goods and services.
[AN]More cost-effective for individuals and small businesses to offer a wide range of services to customers.
[AN+]This has also created opportunities for businesses to enter global markets and to widen their consumer base and reach.

[Waiza batool]

[Kn] there is increasing demand for convenience among customers
[AN] new business enterprises recognise this and provide fast and easy access to goods and services
[AN+] customers become loyal to the business

[Sudais Ahmed]

Kn: To provide the goods and services to the consumers wherever they are.
An: As consumers find the easier way out to get their needed product.Also consumer wants has been increased too much since past years.
An+: So more businesses are out there to fulfill their wants and needs profitably.

[Syed huzaifa shah]

(Kn) increased demand for convenience and personalized experience for consumers.
(An) with rise in technology, consumers have become more accustomed to easy access to services.
(An+) this would increase consumer satisfaction and with good feedback business would be able to attract same customers again and again to buy their products hence, increases consumer loyality.