According to Alderfer's ERG Theory, the _____ Needs Reflect the Desire

question 18

Multiple Choice

According to Alderfer's ERG theory, the _____ needs reflect the desire for physiological and materialistic well-being.

• A)safety
• B)existence
• C)self-actualization
• D)growth
• E)relatedness

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Definitions:

Business Diversify

The strategy of increasing the variety of products or markets a company is involved in to reduce risk and increase growth potential.

Lower Risk

A situation or decision that involves reduced exposure to potential loss, damage, or negative outcomes.

Value Proposition

A declaration that encapsulates the reasons a consumer would purchase a product or utilize a service, emphasizing its distinctive benefits compared to rival offerings.

Customer Needs

The desires, requirements, or necessities that consumers express, which drive their purchasing decisions.