Your Department Is Made Up of People Who Are Very

question 11

Multiple Choice

Your department is made up of people who are very different in their lifestyles and their stages of life.Mary is a 23- year- old single parent who is working for minimum wage.Jonathan is 60 years old,extremely wealthy and he works because he enjoys it.Jane is single,45 years old and has few interests outside of the office.As manager of the department,you are trying to apply Maslow's hierarchy of needs to motivate each of these individuals. Which of the following do you think would motivate Mary the most?

• A)more vacation time
• B)more money
• C)greater discretion over her job
• D)more responsibility

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Definitions:

Correlation Coefficient

An analytical tool that determines the magnitude of association between the fluctuations of two interrelated variables.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, often used to quantify the volatility of a financial instrument or investment portfolio.

Stock-index Mutual Fund

A mutual fund that mimics the composition and performance of a particular stock market index, allowing investors to invest in the performance of the whole market or specific sectors.

S&P 500

A benchmark tracking the performance of 500 major U.S. companies listed on stock exchanges.