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Maslow's Needs Hierarchy Provides a Useful Framework for Understanding How

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Essay

Maslow's needs hierarchy provides a useful framework for understanding how and why local products and brands can be extended beyond home-country borders.How can needs hierarchy be used in global marketing?


Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services provided on credit.

Income Tax Expense

The amount of money a company pays in taxes based on its earnings.

Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, highlighting the business's operating, investing, and financing activities.

Sales Adjusted

Sales adjusted refers to the revenues after making necessary adjustments for returns, allowances, and discounts to the gross sales figure.

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