Answer: Option (b) is correct.
Explanation:
According to Keynes, the main cause of recessions and depressions is inadequate aggregate demand. when the total demand for goods and services falls as a result sales of the firms decreases. Lower demand for the products induce firms to cut down their production which results in unemployment. So, unemployment increases and lower profits further depressed demand for the goods and services.
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
A self-directed work team (SDWT) is a group of people who are responsible for an entire business operation. There us generally very little input from a manager or supervisor.
Self-directed teams will generally not report to a manager. Correct answer: D
These teams are empowered to make the decisions needed to manage themselves on a day-to-day basis
