The Process of Planning and Executing Conceptions, Pricing, Promotion, and Distribution

question 99

Multiple Choice

The process of planning and executing conceptions, pricing, promotion, and distribution of ideas, goods and services to create exchange that satisfy individual and organizational goals is the definition of

• A) marketing.
• B) management.
• C) strategic planning.
• D) accounting.

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Definitions:

Extrinsic Motivation

Motivation that is driven by external rewards such as money, fame, grades, and praise rather than for the satisfaction that comes from the activity itself.

Self-Regulation

The process by which an organism effortfully controls its behavior in order to pursue important objectives.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a hierarchy of human needs, from basic physiological needs to self-actualization.

Direct Labor

The earnings of staff members actively engaged in manufacturing products or delivering services.