Are still searching for the lowest-priced foods

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Reference no: EM132623142

Maslow's Hierarchy of Needs - Personal Application

Maslow's Hierarchy of Needs is the model for studying the psychological factors that affect decision making. Review the model and take a shot at identifying at which stage you are currently located (fortunately, our stage changes over time). Essentially, your stage affects your consumer decision making.

Question 1: Based on the stage you are in, what types of purchases have you been making that are consistent with this stage?

Question 2: 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?

Reference no: EM132623142

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