When Consumers Share a Strong Need That Cannot Be Satisfied

question 140

True/False

When consumers share a strong need that cannot be satisfied by an existing product, they are exhibiting latent demand.

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Definitions:

Chief Factor

The primary or most significant element influencing a particular outcome or situation.

Parental Smoking

The act of smoking by parents and its potential impact on their health as well as the health and environment of their children.

Pneumonia

An inflammatory condition of the lung primarily affecting the small air sacs known as alveoli, typically caused by bacterial, viral, or fungal infections.

Medical Problems

Issues or conditions affecting an individual's health that may require diagnosis, management, or treatment by healthcare professionals.