Answer: A) affiliation
Explanation: According to McClelland's Learned Needs Theory, 3 motivators was identified which are :
1. The need for Affiliation
2. The need for Achievement
3. The need for Power
The need for Affiliation: This is motivator that wants to belong to a group, will often like to go along with others in the group and hates uncertainty.
The need for Achievement: This is a motivator that has a strong urge to set and accomplish goals, likes to take calculated risks, likes feedback on achievements and likes to work alone.
The need for Power: This is a motivator that wants to be in control, enjoys competition and like to win all arguments.
Generally, this theory helps to identify the determinant motivators in a group/team
Answer:
C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.
When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will expect an ownership stake in the company in exchange for financial backing.
Venture capitalists are investors that provide capital to small businesses, young companies, and start-ups in exchange for an equal value share in the asset and expect ownership.
Small businesses do not have adequate capital and turn to venture capitalists for financial backing to expand and upscale their projects. Venture capitalists do not invest in budding businesses but choose businesses that have strong management and clear concepts and are ready to market their products. Due to uncertainty in the investment outcome, venture capitalists tend to have a high failure rate, but the investments that do pan out tend to be high yield.
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Answer:
The statement is false
Explanation:
WBS stands for Work Breakdown Structure is the outcome or output that is oriented analysis of the work, comprise in the project and describe the aggregate scope of the project.
It provides the basis for managing as well as planning the schedule of the project and the budget.
And organizing the second level of WBS, states the objectivities of the project, therefore, it does not facilitates the rolling wave planning through the design components.
