Examlex
Which of the following products in a supermarket is MOST likely to be an impulse product?
Ascribed Status
Social status that is assigned at birth or assumed involuntarily later in life, not based on personal achievements or abilities.
Status Recognition
is the acknowledgment or esteem received from others because of one’s position, achievements, or qualities.
Prestige Status
A social standing that denotes respect, admiration, or significance within a particular context or community.
Means Of Production
The physical, non-human inputs like factories, machinery, and tools used in the production process to generate economic value.
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