- Free entry and exit
- Homogeneous product
- Large buyers and sellers
- No artificial restrictions
- No transportation costs
- Perfect knowledge of prices and technology
It is the desire to attain an aim that pushes a person to work and even fight. People with high success needs strive to attain their goals by avoiding low-reward, low-risk scenarios and difficult-to-achieve, high-risk ones.
<h3>When was McClelland's theory of needs developed?</h3>
- In the 1960s, American psychologist David McClelland established his needs theory, now known as the Achievement Theory of Motivation.
- This idea is still widely used in psychology and academics, but it is also beneficial to business leaders and managers.
- The more you understand about the psychology of human motivation, the more prepared you will be to motivate your staff effectively.
- According to McClelland's thesis, everyone is motivated by one of three needs: success, affiliation, or power.
Learn more about McClelland's theory refer
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Answer:
P V = 1669,5
Explanation:
After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:
P V = 9800/(1+0.08)^23 = 9800/5,87 = 1669,5
Answer: d
Explanation: I would say she asked about pay before she was offered the position
Answer:
A. As operating expenses on the income statement in the period incurred
Explanation:
In Variable Costing, Both Fixed Manufacturing Costs and Non - Manufacturing Costs are treated as Period costs. In Absorption Costing, only Non - Manufacturing Costs are treated as Period costs.
Period Costs can be found under operating expenses on the income statement in the period incurred.
Examples include Advertising, Rentals, Selling and Distribution and any Administration costs.
