In a Truly Global Industry, the Core Product Is Diversified

question 145

True/False

In a truly global industry, the core product is diversified.

---

Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy from physiological needs to self-actualization.

Physiological Needs

Basic physical requirements essential for human survival, such as food, water, and shelter, as described in Maslow's hierarchy of needs.

Self-Actualization

The accomplishment of realizing one's full capabilities and potential, seen as an intrinsic aspiration or necessity among all humans.

Appraisal Theory

A theory in psychology that suggests emotions are derived from an individual's evaluation (appraisal) of a situation in terms of how it impacts their well-being.