Which of the Following Statements Is an Important Aspect of Clayton

question 39

Multiple Choice

Which of the following statements is an important aspect of Clayton Alderfer's ERG theory?

• A) In ERG theory, Abraham Maslow's three categories of needs are expanded into five categories of needs.
• B) According to ERG theory, people always march neatly up the hierarchy of needs.
• C) According to ERG theory, only one level of need is capable of motivating behavior at any given time.
• D) In ERG theory, Clayton Alderfer allowed for multiple levels of needs being prepotent.

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Definitions:

Fair Market Value

The price at which an asset would trade in a competitive auction setting, reflecting the value of the asset in the marketplace.

Gain

The financial benefit obtained when the selling price of an asset exceeds its purchase price.

Assumes Liability

Taking on the legal responsibility for a debt or obligation.

Realized Gain

Profit from the sale of an asset or investment when the selling price exceeds the original purchase price.