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Jonathan is planning on setting up a small-scale guitar manufacturing company.Jonathan isn't well versed in economics,so he doesn't understand the concept of supply and demand very well.What pricing strategy must Jonathan adopt?
Activated Needs
Activated needs are desires or requirements that have been triggered by internal or external stimuli, prompting individuals to take action.
Acquired Needs Theory
A psychological theory suggesting that individuals acquire certain needs through their life experiences, such as the needs for achievement, affiliation, and power, which influence their motivation and behavior.
Need For Achievement
A motivational drive that pushes individuals to reach success, excel in their endeavors, and overcome challenges through personal effort.
Job Enrichment
Enhancing a job's meaningfulness through allowing more autonomy, responsibility, and variety in tasks, often to improve employee satisfaction and performance.
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