True ✔ I have had this question on a few test before
Answer:
C). Demand-pull approach.
Explanation:
The demand-pull approach illustrates the 'demand theory' that describes how the demand influences the production and prices of goods and services in the economy.
As per the question, the given situation exemplifies the 'demand-pull approach' as the company assessed the need of parents regarding the safety of their kids and came out with the supply/solution(the device to track their children) to meet the demand. This situation would be categorized as the demand-pull because the company analyzed that such a product would fulfill the parents' need/demand and therefore, took it as an opportunity which solved the parents' concern and became a source of income for the company. Thus, <u>option C</u> is the correct answer.
Answer:
social science is related to the individual about their psychological and mental research but social work research refers to the research of various languages, tradition and rituals.
Walter Mischel's Cognitive-Affective Model of Personality is a theoretical model that believed in the influence of circumstances on how those traits are expressed. He mainly devised an experiment on examining how a person reacts in a delayed gratification and this experiment was named "The Marshmallow Test."
