Examlex
Which of the following is an economic factor that affects the pricing decisions of a company?
Situational Factor
External influences that can impact consumer behavior or the outcome of marketing decisions at a given time.
Functional Needs
The basic requirements that products or services must meet to be considered useful and satisfactory by consumers.
Psychological Needs
Fundamental human motivations that drive behavior, such as the need for esteem, belonging, and self-actualization.
Psychological Needs
Fundamental human motivations that encompass aspects like autonomy, competence, and relatedness, influencing behavior and well-being.
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