Discuss the important features of Maslow's need hierarchy.
What will be an ideal response?
Maslow's need hierarchy illustrates his conception of people satisfying their needs in a specified order, from bottom to top. The needs are:
1. Physiological (food, water, sex, and shelter)
2. Safety or security (protection against threat and deprivation)
3. Social (friendship, affection, belonging, and love)
4. Ego (independence, achievement, freedom, status, recognition, and self-esteem)
5. Self-actualization (realizing one's full potential, becoming everything one is capable of being)
According to Maslow, people are motivated to satisfy the lower needs before they try to satisfy the higher needs.
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If there is a statute that prohibits a certain action, a contract to do it is unenforceable
Indicate whether the statement is true or false
Maslow's hierarchy of needs states that people's behaviors are guided or motivated by a sequence of needs
a. True b. False Indicate whether the statement is true or false
I. M. Greedy has been granted options on 500,000 shares. The stock is currently trading at $48 a share and the options are at the money. The standard deviation of returns averages 31 percent. The options mature in 5 years and the risk-free rate is 3.68 percent. What is the value of e?Rt?
A) .6087 B) .7087 C) .7952 D) .8476 E) .8319
Last year, Green Corporation incurred the following expenditures in the development of a new plant process: Salaries $250,000 Materials 90,000 Utilities 20,000 Quality control testing costs 40,000 Management study costs 5,000 Depreciation of equipment 18,000 During the current year, benefits from the project began being realized in May. If Green Corporation elects a 60 month deferral
and amortization period, determine the amount of the deduction for the current year. a. $48,000 b. $50,400 c. $54,667 d. $57,067 e. None of the above