Which of the Following Would Be a Good Option to Follow

question 11

Multiple Choice

Which of the following would be a good option to follow if lowering the export price were the firm's objective?

• A)rearrange the distribution channel.
• B)change the promotion.
• C)change the warranty provisions.
• D)give more of the product in the package as an incentive to purchase.
• E)study the demand curve.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which suggests that humans are motivated by a hierarchy of needs, starting from basic physiological needs to self-actualization.

Alderfer's ERG Theory

A motivational theory proposed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth.

McClelland's Acquired Needs Theory

A motivational theory that emphasizes the importance of three needs - achievement, affiliation, and power - in determining worker motivation.

Acquired Needs Theory

A psychological theory that suggests individuals are motivated by their desires for achievement, affiliation, and power, which they acquire over time based on their life experiences.