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valentinak56 [21]
2 years ago
7

Steven, the vice president of Clair Ltd., has always been able to delegate tasks effectively and inspire his subordinates. He li

kes being in charge of the people who work for him. According to the acquired needs theory, Steven has a high need for: He likes overseeing the people who work for a. Power b. Motivationc. Attention d. Affiliation
Business
1 answer:
anastassius [24]2 years ago
7 0

Answer:

The answer is: A) Power

Explanation:

The Acquired Needs Theory was proposed by David McClelland . It deals with how someone's life experiences change his needs over time. Depending on your "acquired needs" he classified people into three categories: achievement, affiliation or power.

In Steven´s case, he needs power motivation. He needs to be effective, make an impact and be influential. He wants to be a strong leader, gain high status and prestige.

Managers who need power can be divided into 2 categories: those seeking personal power and those seeking institutional power. Usually seeking only personal power is not beneficial for any organization, tends to create conflicts. But those who seek institutional power can be very good managers because they want to organize the efforts of their employees to achieve the goals of the organization. Steven could be considered and institutional power seeker.

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Answer:

not any that I know of besides art.

Explanation:

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2 years ago
Read 2 more answers
Your father is 50 years old and will retire in 10 years. He expects to live for 25 years after he retires, until he is 85. He wa
Hunter-Best [27]

Answer:

It will need  $ 107,120.321 dolalr per year to achieve his retirement goal

Explanation:

We first must calcualte the prsent value of the 25 payments with equal worth of 60,000 dollar of today.

First we move the 60,000 forward 10 years

Principal \: (1+ r)^{time} = Amount

Principal 60,000.00

time 10.00

rate 0.05000

60000 \: (1+ 0.05)^{10} = Amount

Amount 97,733.68

Now, we calculate the present value of an annuity considering this 5% inflation

C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g}  = PV

g 0.05

r 0.08

C 97,734

n 25

$ 1,778,492.341

Then, decrease this by the amounnt already saved by our father:

Principal \: (1+ r)^{time} = Amount

Principal 105,000.00

time 10.00

rate 0.08000

105000 \: (1+ 0.08)^{10} = Amount

Amount 226,687.12

Additional saving needed:

1,778.492-34 - 226,687.12 = 1.551.805,22

Now, we solve the annual saving to achieve this future value:

PV \div \frac{(1+r)^{time} -1}{rate} = C\\

PV 1,551,805.22

time 10

rate 0.08

1551805.22 \div \frac{(1+0.08)^{10} -1}{0.08} = C\\

C  $ 107,120.321

‬

6 0
3 years ago
According to coase's theory of the firm, why do firms exist? how do firms contribute to the efficiency of the market economy in
dezoksy [38]
Published “The Nature of the Firm” According to Coase's Theory of the firm, firms exist because going to the market all the time can impose heavy transaction costs.<span>Firms exist to economize on the cost of coordinating economic activity.
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Although Tracith is one of the best supermarkets in the coastal town of Dawntonia, it fails to retain customers. To solve this p
adell [148]

Answer:

The answer is B.The entrepreneur role.

Explanation:

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3 years ago
Other things equal, if there is an increase in nominal GDP, bond prices will rise. the interest rate will rise. consumption spen
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Answer:

the interest rate will rise

Explanation:

For the nominal GDP to increase, the money supply must have increased. This will lead to a higher inflation rate, which will rise the interest rate. Since the interest rate increased, the price of bonds will decrease. Since the money supply increased, private consumption will increase.

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