By Giving Employees the Opportunity to Realize Their Full Potential

question 64

Multiple Choice

By giving employees the opportunity to realize their full potential, a manager satisfies the employees' ________ needs according to Maslow's hierarchy.

• A)physiological
• B)safety
• C)self-actualization
• D)esteem
• E)affiliation

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Definitions:

Fixed Cost

Costs that do not change with the level of production or sales volume, remaining constant regardless of business activities.

Planning Budget

An initial budget created using the assumptions of a particular level of activity to guide a company's financial decisions.

Net Operating Income

A financial metric that measures a company's profitability from its core business operations, excluding the effects of financing and taxes.

Selling

The process of promoting and transferring goods or services to customers in exchange for money.