Maslow Would Classify the Need for Recognition from Others and for Self-Respect

question 357

Multiple Choice

Maslow would classify the need for recognition from others and for self-respect as ________ needs.

• A) social
• B) esteem
• C) security
• D) physiological

Apply the concept of cross elasticity of demand in market strategy decisions.

Understand the relationship between the price elasticity of supply and the pricing of rare items.

Identify the main determinant of price elasticity of supply and its implications.

Understand the relationship between cognitive demands, pay, and emotional labor.

---

Definitions:

Core Customer Value

The basic problem-solving benefits that consumers are seeking.

Product Offer

A proposal made by a seller to potential buyers, detailing the terms of sale and attributes of the product or service.

Associated Services

The nonphysical attributes of the product including product warranties, financing, product support, and after-sale service.

Product Lines

Groups of associated items, such as those that consumers use together or think of as part of a group of similar products.