Human Wants

What is the foundation of Maslow's Hierarchy of Needs?

• Structure of needs

• Hierarchy of wants

• Pyramid of desires

• Hierarchy of needs

Explain the concept of Consumer Behavior in relation to human wants.

• Consumer behavior is the study of animals in their natural habitat.

• Consumer behavior is the process individuals go through to satisfy their wants and needs by making purchasing decisions.

• Consumer behavior is the process of producing goods for consumers.

• Consumer behavior is the act of saving money instead of spending it.

Differentiate between primary and secondary wants.

• Primary wants are temporary, while secondary wants are permanent.

• Primary wants are non-essential for survival, while secondary wants are crucial for life.

• Primary wants are desires that enhance the quality of life, while secondary wants are essential for survival.

• Primary wants are essential for survival, while secondary wants are desires that enhance the quality of life.

How does satisfaction differ from dissatisfaction in fulfilling human wants?

• Satisfaction is the lack of fulfillment of human wants, while dissatisfaction is the fulfillment of human wants.

• Satisfaction and dissatisfaction are the same in fulfilling human wants.

• Satisfaction is the lack of fulfillment of human wants, and dissatisfaction is the fulfillment of human wants.

• Satisfaction is the fulfillment of human wants, while dissatisfaction is the lack of fulfillment of human wants.

List three characteristics of human wants.

• Unlimited, Ever-changing, Influenced by various factors

• Limited, Static, Independent of external factors

In Maslow's Hierarchy of Needs, which level includes desires for status, recognition, and respect?

• Social needs

• Love needs

• Safety needs

• Esteem needs

How do cultural factors influence consumer behavior and wants?

• Cultural factors have no impact on consumer behavior and wants

• Consumer behavior is solely influenced by economic factors

• Cultural factors only influence consumer behavior in certain regions

• Cultural factors influence consumer behavior and wants by shaping preferences, perceptions, and purchasing decisions.

Give an example of a physiological want according to Maslow's theory.

• Food

• Friendship

• Love

• Sleep

Discuss the role of social media in shaping modern human wants.

• Social media has decreased consumerism in society

• Social media has no impact on human wants

• Social media only promotes healthy lifestyle choices

• Social media influences consumer behavior, creates trends, and promotes materialistic ideals.

Explain the concept of 'hedonic adaptation' in relation to human satisfaction with wants.

• Hedonic adaptation causes people to lose interest in their wants quickly.

• Hedonic adaptation leads to increased satisfaction with wants over time.

• Hedonic adaptation explains why people may not experience sustained satisfaction with their wants as they get used to them.

• Hedonic adaptation only applies to material possessions, not desires.