Give an Example of One Well-Known Needs Theory

question 60

Essay

Give an example of one well-known needs theory. Be sure to identify the needs described by that theory.

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Definitions:

Net Profit

The amount of money remaining after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.

Zone Price

The price based on geographic location or zone of customers.

Shipping Point

A location from which goods are dispatched or shipped to the buyer, often used to determine shipping costs and responsibility for the goods during transit.

Customer's Location

The geographical position or address of a customer, which can be important in logistics, service provision, and marketing strategies.