Examlex
Which of the following statements is true of market segmentation?
Maslow's Hierarchy
A theory in psychology proposed by Abraham Maslow, delineating a five-tier model of human needs, from basic (physiological) to higher (self-actualization) needs.
Physiological Needs
Basic physical requirements for human survival, such as air, water, food, shelter, and sleep.
Cognitive Needs
Cognitive needs refer to the mental requirements for knowledge, understanding, and curiosity that motivate individuals to explore and understand the world around them.
Self-concept
An individual's perception of themselves, encompassing beliefs, feelings, and thoughts about one's abilities, appearance, and personality.
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