Which of the Following Statement Regarding the Need for Achievement

question 141

Multiple Choice

Which of the following statement regarding the need for achievement is the MOST accurate?

• A) The need for achievement is highly variable in a given person throughout his/her lifetime.
• B) Achievement motive is generally determined by situational factors.
• C) The need for achievement is a fairly stable aspect of one's personality.
• D) There is a strong genetic component in the need for achievement.

---

Definitions:

Risk-free Return

The theoretical return on an investment with zero risk of financial loss, typically associated with government bonds.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing at par, used as a tool for managing liquidity and financing government debt.

Common Stocks

Type of equity security that represents ownership in a corporation, offering voting rights and potential dividends.

Efficient Markets Hypothesis

A theory that suggests that financial markets are “informationally efficient,” meaning that asset prices always reflect all available information.