As Indicated by Maslow's Need Hierarchy, People May Respond Favorably

question 24

Multiple Choice

As indicated by Maslow's need hierarchy, people may respond favorably to

• A) appeals that focus on promises of best price and the need to find a bargain.
• B) appeals that fulfill physiological, security, and safety needs.
• C) appeals that fulfill social, ego, and self-actualizing needs.
• D) both b and c

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Definitions:

Direct Labor Standard

A benchmark for the amount of labor time that should be consumed in the production of a good or service, used for costing and efficiency analysis.

Labor Rate Variance

The financial difference between the actual cost of labor and the budgeted (or standard) cost of labor, influenced by the wage rates paid and the amount of labor hours used.

Labor Standards

Benchmarks or norms established for the amount of labor required to perform a task efficiently, often used to set production targets and labor budgets.

Particular Product

A specific item or good offered for sale by a business.