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valentinak56 [21]
3 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]3 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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If a decrease in income increases the demand for a good. True or False
Masja [62]

Answer:

If a decrease in income increase the demand for a good , the good is an inferior good.

An inferior good is a good whose demand falls when income rises and rises when income falls.

Inferior goods have an indirect relationship with income

A normal good is a good whose demand rises when income increases and falls when income falls.

Normal goods have a direct relationship with income.

A substitute good is a good that can be used in place of another good. For example if good A and B are substitutes, if the price of good A increases, it would become more expensive for consumers and consumers would shift to consuming good B. As a result the demand for good B would rise and the quantity demanded of good A would fall.

Complements are goods that are used together. If the price of one of the goods increases, the demand for the other good falls and vice versa.

For example, gasoline and car are complements. If the price of cars fall, people would increase their demand for cars and as result the demand for gasoline would increase.

I hope my answer helps you

Explanation:

3 0
4 years ago
Under SEC rules, internal controls over financial reporting (ICFR) are processes that provide reasonable assurance that financia
Aleksandr [31]

Answer:

C. Unauthorized acquisition or use of data or assets that could affect financial statements will be prevented or detected in a timely manner.

Explanation:

Internal Control Financial Reporting is a framework designed to help companies manage their financial reporting and achieve the greater goals of risk assessment, control, information and communication, as well as monitoring. One of the weaknesses that could characterize ICFR is its inability to assure timely prevention and detection of unauthorized acquisition or use of data.

The scheme however ensures that financial records are maintained and that transactions are prepared according to GAAP rules. ICFR ensures that misstatements are detected in financial reporting.

3 0
4 years ago
The prepaid insurance account had a balance of $3,000 at the beginning of the year. The account was debited for $32,500 for prem
exis [7]

Answer:

1.  Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is adjusted)

2. Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is expired)

Explanation:

The journal entries are shown below:

1. Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is adjusted)

The computation is shown below:

= Balance in  prepaid insurance account + premiums on policies purchased - unexpired insurance applicable

= $3,000 + $32,500 - $4,800

= $30,700

2. Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is expired)

7 0
3 years ago
Your primary motivation for investing is for tax savings.<br><br> A. True<br> B. False
eimsori [14]
That would be true :)
4 0
3 years ago
Why is the LRAS curve vertical?
frozen [14]
<h3>LRAS curve is vertical due to the rate of inflation does not impact real GDP </h3>

Explanation:

The long-run aggregate supply curve (LRAS) is vertical because the rate of inflation does not impact real GDP's long-run determinants, which include supplies of labor, capital, and natural resources. It is simply applying the classical dichotomy and monetary neutrality.

The long-run aggregate supply curve at potential GDP is vertical, which is the amount of GDP reached when the economy operates in full employment. It is expected that GDP will always reach this level in the long run as the economy is driven by full employment, as it is a level that is realistic and long-term sustainable.

5 0
3 years ago
Read 2 more answers
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