According to McClelland, the most important needs for managers are the needs for

A. existence, relatedness, and growth.
B. equity and fair treatment.
C. achievement, affiliation, and power.
D. motivation and hygiene.
E. self-actualization and ego.


Answer: C

Business

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When change is forced, the manager risks inciting the ______, a four-stage concept that is experienced by individuals facing unwanted change.

What will be an ideal response?

Business

If you were thinking about a home theater system, which of the following represents the process?

A. The DVD player, DVD movie, speakers, TV, and electricity. B. A message stating that the disk is dirty and cannot be played. C. Playing the movie including the audio through the speakers and the video on the TV. D. Spinning the disk to play, pause, rewind, or fast forward.

Business

Depending on the maturity date, held-to-maturity investments are categorized as current assets or long-term assets on the balance sheet

Indicate whether the statement is true or false

Business

Lexington Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.) 1. Acquired $6,000 cash from issuing common stock. 2. Borrowed $4,400 from a bank. 3. Earned $6,200 of revenues. 4. Incurred $4,800 in expenses. 5. Paid dividends of $800. Lexington Company engaged in the following transactions during Year 2: 1. Acquired an additional $1,000 cash from the issue of common stock. 2. Repaid $2,600 of its debt to the bank. 3. Earned revenues, $9,000. 4. Incurred expenses of $5,500. 5. Paid dividends of $1,280.   Total liabilities on Lexington's balance sheet at the end of Year 1 equal:

A. $480. B. $4,400. C. $1,000. D. ($2,600).

Business