Which of the Following Statements Best Describes Maslow's Hierarchy of Needs

question 90

Multiple Choice

Which of the following statements best describes Maslow's hierarchy of needs?

• A) Maslow's hierarchy of needs has not influenced motivational theory.
• B) Physiological, safety, and belonging needs are all physical needs.
• C) Because the hierarchy of needs focuses on universal human needs, it has no critics.
• D) Maslow claimed an upper level of need was not activated until a lower level of need was satisfied.

Grasp the concept of value-based marketing and its importance in competitive differentiation.

Comprehend the significance of macroenvironmental factors in shaping marketing strategies.

Recognize the use of demographics in marketing to target specific consumer groups effectively.

Understand how cultural differences influence consumer preferences and marketing approaches.

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Definitions:

Domestic Price

Domestic price is the price of goods or services within a country, unadjusted for international trade effects or exchange rates.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved, leading to a decrease in total surplus.

Tariffs

Taxes imposed by a government on imported goods. They are used to restrict imports by increasing the price of goods and services purchased from abroad, making them less attractive to consumers.

Equilibrium

A condition where the amount of goods supplied in the market matches the demand, leading to steady prices and quantities.