Abraham Maslow Suggested That Those Who Fulfill Their Potential Have

question 30

Multiple Choice

Abraham Maslow suggested that those who fulfill their potential have satisfied the need for

• A) reciprocal determinism.
• B) an external locus of control.
• C) self-actualization.
• D) unconditional positive regard.

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Definitions:

Profit-maximizing

A strategy or point where a firm reaches its highest possible profit under given market conditions, taking into account costs and revenue.

Loss

A situation in which a business's expenses exceed its revenues over a specific period, resulting in negative profit.

Price Discrimination

A pricing strategy where a company charges different prices for the same product or service in different markets or to different segments of consumers, based on willingness to pay.

Product Differentiation

The method of differentiating a product or service from those available in the market to enhance its appeal to a specific target audience.