What is the difference between a functional need and a psychological need? How can getting a college education fulfill both types of needs?
What will be an ideal response?
A functional need relates to product performance, whereas a psychological need pertains to personal gratification associated with a product or service. A college education fulfills a functional need when it makes graduates eligible for certain jobs and careers that they would not have been considered for without a degree. A degree also satisfies many students' personal needs for attaining a goal, learning, or self-esteem.
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According to experts, the main cause of conflict in the workplace is:
a. Doing work assignments poorly b. Poor wage and benefit packages c. Very poor lunchroom choices d. Intense work schedules leading to impatience e. The lack of quality communication
Change teams may include all of the following people except:
a. Outside consultants b. People who are completely committed to the change c. People who are open-minded and flexible d. A brand-new employee who has fresh eyes on the organization
When Jeff's car breaks down, he asks Kwik Tow, Inc., to tow it from its location to Loyal Repair Shop. There is no discussion of a price, and Jeff and Kwik do not sign any documents. After the tow, Kwik sends Jeff a bill. With respect to Jeff's obligation to pay the bill, this is
A. an express contract. B. an implied contract. C. a quasi contract. D. no contract.
The Delta Co owns retail stores that market home building supplies. Largo, Inc builds single family homes in residential developments. Delta has a beta of 1.22 and Largo has a beta of 1.34
The risk-free rate of return is 4 percent and the market risk premium is 6.5 percent. What should Delta use as their cost of equity if they decide to purchase some land and create a new residential community? A) 11.93 percent B) 12.32 percent C) 12.43 percent D) 12.57 percent E) 12.71 percent