What Are the Three Needs in McClelland's Acquired Needs Theory

question 251

Essay

What are the three needs in McClelland's acquired needs theory?

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Definitions:

Fixed Costs

Invariable expenditures that remain steady irrespective of the quantity of output or sales achieved, including tenancy charges, payroll, and insurance outlays.

Operating Cash Flow

The total money yielded from a company's standard business operations.

Net Income

The resulting earnings of a business after deducting all expenses and taxes from its total revenue.

Net Working Capital

Represents the difference between a company's current assets and current liabilities, highlighting its short-term financial health and ability to cover its obligations.