In the VALS Framework,consumers Can Have Abundant or Minimal Levels

question 88

Multiple Choice

In the VALS framework,consumers can have abundant or minimal levels of psychological,physical,and material resources.One segment with abundant resources,known as __________,are successful,sophisticated,take-charge people with high self-esteem and abundant resources of all kinds.

• A)Experiencers
• B)Innovators
• C)Makers
• D)Achievers
• E)Strivers

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Definitions:

Relevant Labor Market

The geographical and occupational area from which an employer recruits its employees or compares compensation and conditions.

Direct Monetary Costs

Expenses that can be directly quantified in financial terms, such as materials, labor, and overhead costs.

Layoffs

The act of temporarily or permanently reducing a company's workforce due to business needs, economic downturns, or other financial pressures, often leading to job loss for affected employees.

Weeks Of Wages

A measure of compensation or benefits based on the amount an employee would earn over a specified number of weeks.