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Consider which stage of Maslow's Hierarchy of Needs you are most likely in that drives a lot of your purchase decisions. Are those purchases consistent with this stage? For example, have you switched to buying only organic food because you are mostly concerned with fulfilling your social needs? Or, are you still searching for the lowest-priced foods because you are still filling your basic need for food? Or, do you find yourself donating time or money to charities because you are trying to reach self-actualization?

As noted in the topic, a person could be at different levels in Maslow's Hierarchy for various parts of their life.

Or, you may have different interpretations of the same activity.

For example, taking this course may be required for some students, so you are meeting a basic need. However, if you are taking this course as an elective and are interested in learning more about marketing, then the course may be helping you to become self-actualized

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91402367

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