Which of the following reflects Falkenstien's "Platinum Rule"?

Look at the world from your perspective coustomers' prospective, and identify their needs and wants

Create a product, and then convince customers that they need it

Find the highest price customers are willing to pay for a product, and then charge more so they view it as luxury

Create a product, and then wait for customers to notice it

Question

Business

Guest

9 February, 10:37

Which of the following reflects Falkenstien's "Platinum Rule"?

Look at the world from your perspective coustomers' prospective, and identify their needs and wants

Create a product, and then convince customers that they need it

Find the highest price customers are willing to pay for a product, and then charge more so they view it as luxury

Create a product, and then wait for customers to notice it

+3

Answers (2)

Know the Answer?

Jaron Parsons · Answer 1

Look at the world from your perspective coustomers' prospective, and identify their needs and wants

Falkstien's Platinum Rule takes the golden rule one step further and says "treat others the way they want to be treated."

Hunter Fuller · Answer 2

Look at the world from your perspective coustomers' prospective, and identify their needs and wants.

Explanation:

I've discovered it described The Platinum Rule (since it is deserving more than gold). The Platinum Rule states we should perform unto others the direction they require us to perform unto them. In other terms, you have to manage people the style they want to be managed, not the style you want to be managed.