The "Hierarchy of Needs" Model Suggests That Most Products Must

question 330

True/False

The "hierarchy of needs" model suggests that most products must fill more than one need at the same time.

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Definitions:

Well-Being

A state of being comfortable, healthy, or happy, often encompassing mental, physical, and social health.

Profits

The financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Ethical Thinking

The process of considering and applying moral principles and values in decision-making.

Values

Fundamental beliefs or ideals that guide an individual's or organization's behavior and decision-making process.