The Process a Business Uses to Satisfy Consumer Needs and Wants

question 77

Multiple Choice

The process a business uses to satisfy consumer needs and wants by providing goods and services is called ________.

• A)exchange
• B)economics
• C)marketing
• D)accounting
• E)logistics

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Definitions:

Overcoming Inferiority

The process of addressing and mitigating feelings of inferiority to improve self-esteem and personal development.

Alfred Adler

An Austrian medical doctor and psychotherapist known for founding the school of individual psychology, emphasizing the importance of feelings of inferiority.

Sexual Instinct

The natural inclination towards sexual behavior and activities.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his theories of the collective unconscious, archetypes, and psychological types.