Why do Salancik and Pfeffer believe that need models, such as Maslow's and Alderfer's, have become so popular?
What will be an ideal response?
Salancik and Pfeffer proposed that need theories have become popular because they are consistent with other theories of rational choice, and because they attribute freedom to individuals. The idea that individuals shape their actions to satisfy unfulfilled needs gives purpose and direction to individual activity. Furthermore, they are simple and easily expressed views of human behavior.
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Efficient consumer response (ECR) is an example of _____
a. electronic data interchange b. floor-ready merchandise c. third-party logistics d. collaborative planning, forecasting, and replenishment
LA-Z-BOY is classified as what type of brand?
a. generic b. store c. private d. manufacturer e. personal
Imagine you are shopping for a specific item (such as a sweater, a toaster, etc.). What type of general merchandise retailer will you first seek? Using a specific item, select one type of general retailer, and in broad terms, describe the breadth and depth of its merchandise, the level of anticipated customer service, and general pricing.
What will be an ideal response?
Which of the following is a source of long-term funds for a firm?
A. Revolving credit agreements B. Factoring C. Spontaneous financing D. Retained earnings