A Theory Y Manager Is Different from a Theory Y

question 21

Multiple Choice

A Theory Y manager is different from a Theory Y manager in that the former:

• A)does not realize self-actualization needs.
• B)assumes that the average worker prefers to be directed.
• C)promotes the high power-distance culture.
• D)assumes that workers need to be monitored.
• E)assumes that workers like to work.

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Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian account for holding savings and investment assets, with tax benefits for retirement savings.

Annuity

A fiscal vehicle offering a steady payout to individuals, commonly employed in retirement strategy.

Payments

The act of transferring money from one party to another, often in exchange for goods, services, or to fulfill a legal obligation.

Compounded Quarterly

Interest added to the principal sum every quarter, or four times a year, resulting in the interest of the next period being calculated on the new total.