Cyril Is Writing an Essay on Maslow's Need Hierarchy

question 11

Multiple Choice

Cyril is writing an essay on Maslow's need hierarchy.Which of the following should he include as a critique of the theory?

• A) Self-actualization may not be necessary for happiness.
• B) It is limited to Western cultures.
• C) It defines the nature of a need too broadly.
• D) It underestimates the role of physiological factors.

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Definitions:

Cash Break-even

The point at which a company or project has enough cash flow to cover its operating expenses, without considering profits.

Accounting Basis

The method used to record the financial transactions of a business (e.g., cash basis, accrual basis).

Pay Back

The period of time it takes for an investment to generate enough returns to recover the original investment cost.

Fixed Costs

Expenses that do not vary with the level of production or sales, such as rent or salaries.