Which of the Following Statements Concerning McClelland's Program for Achievement

question 85

Multiple Choice

Which of the following statements concerning McClelland's program for achievement motivation is incorrect?

• A) The program's basic purpose is to have people think constantly in need for achievement terms.
• B) Achievement-related cognition is enough to ensure that need for achievement will be manifest in behavior.
• C) The client must see achievement orientation as being congruent with her/his self-image.
• D) The program links achievement thoughts to concrete action patterns.

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Definitions:

Cost of Equity

The rate of return that a company is expected to pay out to its shareholders for their investment in the company, factoring in the risk of the investment.

Cost of Preferred

This refers to the required return on investment for preferred stock, representing the cost to a company for issuing such stock.

Pretax Cost of Debt

The interest rate a company pays on its debts, before taking taxes into account.

Cost of Equity

This refers to the rate of return that a company is expected to offer investors to compensate for the risk of investing in its equity.