Answer:
Belonging/Social needs.
Explanation:
Maslow's hierarchy of needs theory advocates that every human has few needs which are essential to motivate them to do work, if one need is fulfilled he will go for the next one. He identified 5 categories of needs:
- <em>Basic needs:</em> which includes shelter, pay, food.
- <em>Safety needs:</em> which includes job security, safe working conditions.
- <em>Belonging/Social needs:</em> which includes affection, and healthy relationships with coworkers.
- <em>Self Esteem needs:</em> which includes self respect, status, designation.
- <em>Self Actualization:</em> Growth, advancement and creativity.
Back to question:
- As employees have a surviving pay which fulfills the basic needs, and also have a job security which covers for safety needs.
<em>It can be assumed </em>that owner is trying to create a sense of unity or togetherness by giving away free lunches. This relates to the 3rd need of a person which is sense of belonging he wants to have a sort of affection for his coworkers.
According to McClelland, this indicates that Kenneth has a <u>"high need for affiliation and high need for achievement".</u>
David McClelland suggested that a person's particular needs are gained after some time and are molded by one's beneficial encounters. The majority of these requirements can be classed as either achievement, affiliation, or power. A man's motivation and viability in certain activity capacities are affected by these three needs.
People with a high need for achievement look to exceed expectations and consequently have a tendency to keep away from both generally safe and high-hazard circumstances. Those with a high need for affiliation require amicable associations with other individuals and need to feel acknowledged by other individuals.
Answer:
I think Quality is most important to luxury buyers.
Answer:
The correct answer is letter "E": economies of scale.
Explanation:
Economies of scale mean productivity becomes more efficient as the number of goods produced increases. In most cases, companies that achieve economies of scale lower the average cost of their products by increasing production which is due to the spread of fixed costs required to produce the product among a large number of goods. Lower production costs typically represent lower prices for consumers.
Answer:
Explanation:
The journal entries are shown below:
a. Inventory A/c Dr $26,000
To Notes payable A/c $26,000
(Being inventory is purchased for signing the short term notes payable)
b. Interest expense A/c Dr $780
Notes payable A/c Dr $26,000
To Cash A/c $ $26,780
(Being cash is paid on maturity)
The interest expense is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $26,000 × 6% × (6 months ÷ 12 months)
= $780
The 6 months is calculated from March 1 to September 1
