"Life Hacking" Is a Term That Describes How People's Time

question 18

True/False

"Life hacking" is a term that describes how people's time at work interferes with their social life.

Identify tools and systems used for collecting data on customer responses to the marketing mix.

Understand the factors to monitor for assessing the effectiveness of marketing strategies and the benefits of CRM systems in this process.

Know the predictive value of post-consumption questions on future consumer behaviors.

Differentiate between sales and financial objectives in marketing.

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Definitions:

Esteem Needs

In Maslow's hierarchy of needs, these are the fourth level and represent the human desire for respect, self-esteem, and recognition from others.

Physiological Needs

Basic physical requirements for human survival, such as food, water, shelter, and oxygen, which are considered the foundation of Maslow's hierarchy of needs.

Affiliation Needs

The psychological requirement for friendship, acceptance, and belonging within a group or community.

Esteem Needs

Psychological requirements relating to self-worth, accomplishment, respect, and recognition, as outlined in Maslow's hierarchy of needs.