Select the Statement That Is True According to Maslow's Need

question 14

Multiple Choice

Select the statement that is true according to Maslow's need hierarchy.

• A) One can never be fully satisfied.
• B) Higher-level needs are more important than lower-level needs.
• C) People are motivated to satisfy lower-level needs before higher-level needs.
• D) Once a need is satisfied, it becomes a powerful motivator.
• E) Unsatisfied needs will not motivate performance.

Identify direct bankruptcy costs and their components.

Distinguish between the direct and indirect costs of bankruptcy.

Grasp the concept of the optimal capital structure and its relation to bankruptcy costs and firm value.

Understand the financial distress costs and their impact on firm value.

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Definitions:

Trial Close

A sales technique where the seller asks a prospective buyer for feedback on a product or service before the final close.

Urgency Close

A sales technique that aims to expedite a decision from the buyer by emphasizing the limited availability of the offer, creating a sense of urgency.

Purchase Commitment

An agreement or intent by a consumer to buy a product or service, sometimes formalized through a contract or deposit.