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:
The answer is given below;
Explanation:
The opportunity gain of investing in fixed selling expenses could be quantified by comparing with interest rates prevailing in the market.
if the net margin earned on producing extra quantity is greater than the return earned on placing funds in bank account,then it is financially viable to invest in fixed selling expenses and vice versa.
Answer:
danger is used for the most severe hazards
Explanation:
Answer:
Equipment can be depreciated and the journal entry would be:
December 31, 202x, depreciation expense
Dr Depreciation expense 5,520
Cr Accumulated depreciation - equipment 5,520
Accumulated depreciation is a contra asset account that decreases the net value of a fixed asset.
On the other hand, land cannot be depreciated. Land must always be reported at its historical cost (purchase price) even if its fair market value increases or decreases over time.
Answer:
<em>Standard of deferred payment
</em>
Explanation:
Deferred payment in economics is a <em>feature of money It's the responsibility of becoming a widely recognized method of valuing a liability so that products and services can now be bought and compensated for in the future.</em>
Prominent in the theory of finance, 19th-century economist William Stanley Jevons found it one of four essential functions of wealth.
The other three are medium of exchange, value store, and account unit.
Many modern textbooks, though, now mention only the other three functions; finding the deferred payment requirement to be swallowed up by others.
