All of the Following EXCEPT ____ Are Some Ways in Which

question 36

Multiple Choice

All of the following EXCEPT ____ are some ways in which the cost minimization strategy can be more expensive than the opportunity maximization strategy.

• A) the loss of unexpected opportunities
• B) the cost of extensive monitoring mechanisms
• C) the costs of writing detailed contracts
• D) the reluctance of some parties to go beyond the formal contracts

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Definitions:

McClelland

David McClelland, a psychologist known for his work on motivation, particularly the theory of needs which includes the need for achievement, power, and affiliation.

High Standards

Expectations or criteria that are considerably above average in terms of level, quality, or performance.

Fear of Failure

An intense worry or apprehension about not meeting a set standard or achieving a desired outcome, often leading to avoidance of challenging tasks.

Affiliation Motive

An individual's need to form connections with others, driven by a desire for social interaction and companionship.