Final answer:
A Final Customer is the individual or organization that uses or consumes a product or service, making purchases based on satisfaction expectations, which depends on available information.
Step-by-step explanation:
A Final Customer is an individual or organization that ultimately uses or consumes the products or services that have been designed and produced. They are the end-users who pay for these products or services, directly or through purchase, and their satisfaction is a principal goal of most design projects.
By understanding consumers, goods, and services well, producers can make informed decisions about what to offer.
In a market economy, the final customer is determined by those who have the means to purchase the goods and services they demand. Hence, every purchase they make is based on beliefs about the satisfaction that the product or service will provide, which depends on the information available to them.
In this context, it's essential for information to be clear and accurate to avoid regretful purchases or future purchase avoidance.
Moreover, final customers are just one group of stakeholders. Other stakeholders may include government agencies, businesses, and individuals who have an interest in the product for various reasons.
Producers must consider all stakeholders when making decisions about product design, production, and distribution.