Explain what a need-based perspective on motivation is. Identify two of this type of theory, and list the needs which each includes.
What will be an ideal response?
A need-based perspective on motivation is one that concentrates on the psychological or physiological deficiencies that arouse behavior. Theories include:
1. Maslow's hierarchy of needs: self-actualization, esteem, love, safety, and physiological needs.
2. Alderfer's ERG theory: growth, relatedness, and existence needs.
3. Herzberg's two-factor theory: motivating factors and hygiene factors.
4. McClelland's acquired needs theory: achievement, power, and affiliation needs.
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How is the premium or discount on held-to-maturity bond investments presented on the balance sheet?
A) as a part of the cost of the investment and amortized over a period not to exceed five years B) as a part of the cost of the investment and amortized over the remaining life of the bonds C) in a separate account that is reported separately from the bonds and amortized over a period not to exceed five years D) in a separate account that is reported separately from the investment account and not amortized
Which of the following accounts is not a temporary account?
a. Income Summary b. Delivery Fees c. Capital d. Drawing e. Depreciation Expense - Office Equipment
The most common way to design a process layout for a manufacturing facility is to arrange departments or work centers such that ______.
a. the total cost of materials handling is minimized b. the total time for materials handling is minimized c. the total man hours for materials handling is minimized d. the total distance travelled for materials handling is minimized
Answer the following statement(s) true (T) or false (F)
1. The only small business option you have available is to start your own. 2. A business plan is a very vague informal document because it is prepared before the business even begins operations. 3. A relatively small percentage (10 percent) of the total U.S. workforce works at home. 4. The franchisor provides business expertise that would otherwise not be available to the franchisee. 5. The more complex form of franchising is the business format franchising.