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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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When the price of ketchup rises by 15 percent, the demand for hot dogs falls by 1 percent. a. Calculate the cross-price elastici
zlopas [31]

Answer:

Cross Price elasticity of demand = -0.06

The Goods are complements

If the demand for Hot dogs increased by 15% or more after Ketchup prices increased by 15%, then both items will be interpreted to be substitute items.

Explanation:

Cross Price elasticity of demand = % change in quantity demanded for Hot dogs / % change in price of Ketchup

= -1% divided by 15%

= -0.06

Based on the rules,

When Cross Price elasticity is > 0 = the products are substitutes

When Cross Price elasticity is = 0 = the products are independent

When Cross Price elasticity is < 0 = the products are Complements

This means therefore that Ketchup and Hot dogs are complementary items.

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3 years ago
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Anvisha [2.4K]

Answer:

Clarence: architecture

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Explanation:

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3 years ago
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Answer and Explanation:

The Journal entry is shown below:-

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     To cash $50

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     To inventory $51

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     To Sales revenue $670

(Being sales revenue is recorded)

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(Being cost of goods sold is recorded)

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     To Accounts receivable $40

(Being goods returned by customer is recorded)

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(Being cost of goods sold returned is recorded)

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(Being cost of goods sold is recorded)

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(Being cost of goods sold is recorded)

8 0
3 years ago
If bonds were issued at a premium, then the contractual interest rate was greater was than the market interest rate. True False
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Answer:

TRUE

Explanation:

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