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List and Describe the Categories of Needs Identified by Alderfer

question 23

Essay

List and describe the categories of needs identified by Alderfer in his ERG theory.


Definitions:

Simple Rate

An interest calculation method where interest is calculated on the principal amount only, without compounding.

Cash Flows

Movements of money into and out of a business or an account that are used to measure financial health or operational effectiveness.

Working Capital

A measure of a company's operational liquidity, calculated as current assets minus current liabilities.

Net Present Value

A financial metric that represents the difference between the present value of cash inflows and outflows over a period of time.

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