The Hierarchy of Needs Suggests That a Consumer Would Not

question 276

True/False

The hierarchy of needs suggests that a consumer would not try to satisfy physiological and safety needs until social and personal needs have been completely satisfied.

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Definitions:

Supplier's Supplier

Refers to the provider of goods or services to another supplier in the supply chain hierarchy, highlighting the multi-tiered nature of supply chains.

External Role

The influence or responsibility an organization or individual has outside of their immediate internal environment, impacting wider community or industry.

Technology

The application of scientific knowledge for practical purposes, especially in industry and commerce, encompassing both physical devices and software solutions.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, increasing connectivity and interdependence among nations.