Match the Term with Its Definition

question 43

Multiple Choice

Match the term with its definition.
-The extent to which a good or service is perceived by a customer as meeting his or her needs or wants, measured by the customer's willingness to pay for it

• A)consumer credit
• B)credit
• C)credit bureaus
• D)credit card
• E)installment account
• F)open charge account
• G)revolving charge account
• H)trade credit
• I)trade-credit agencies
• J)value

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Definitions:

Blood Sugar Level

The concentration of glucose present in the blood, which is a critical factor in managing diabetes and maintaining homeostasis.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy from most to least pressing.

Safety Needs

The second level in Maslow's hierarchy of needs, involving security, stability, and freedom from fear.

Esteem Needs

According to Maslow's hierarchy of needs, these are the fourth level of human needs, involving respect, self-esteem, and recognition from others.