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With reference to relevant theory differentiate between “Needs, Wants and Demands”.
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- Explain what a customer need is, how this relates to Maslow’s Hierarchy of Needs (MHN), and provide an example on each level of MHN.10 material things that you possess. Indicate whether they are wants or needs. While their utility and significance. Material Things Wants/Needs UtilityI need a rely short answer of this question: List the components of Maslow’s hierarchy of needs and share examples of each. Thnaks in advance!
- 1) How does keurig coffee satisfy consumers needs and wants be specific 2) what could be situational analysis for keurig coffeeIn Maslow's hierarchy of needs, the __________ include food, water, and shelter. A) Basic survival needs B) Comfort Objects C) Higher- level needs D) WantsWhat example of products (and their corresponding brands) corresponding in each type of need in the Maslow’s Hierarchy of Needs in self-actualization?