According to the needs hierarchy theory, friendship, affection, acceptance by reference groups are examples of ________ needs
A) physiological
B) social
C) ego
D) self-actualization
B
Business
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Effective ________ pricing involves understanding how much value consumers place on the benefits they receive from the product and setting a price that captures that value
A) competition-oriented B) cost-based C) time-based D) customer-oriented E) marketer-oriented
Business
When order requests come in, the designers of Titus Furniture often go to a client's location to note their requirements, budget, and expected date of delivery. In this way, Titus Furniture is successful in tailor-making products for its customers
This is an example of ________. A) market diversification B) undifferentiated marketing C) mass customization D) differentiated marketing E) trigger-based marketing
Business