In McClelland's View, the Successful Executive Is Likely to Possess

question 12

True/False

In McClelland's view, the successful executive is likely to possess a high need for social power that is greater than an otherwise strong need for affiliation.

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Definitions:

Subscription Price

The price at which existing shareholders can purchase new shares of stock in a company, usually at a discount to the current market price.

Net Present Value

The contrast between the present value of money received and the present value of money spent over a duration.

Fixed Assets

Long-term tangible assets that are used in the operating activities of a business and are not expected to be consumed or converted into cash in the short term.

Equity Shares

Shares of stock that represent ownership in a company, entitling the shareholder to a portion of the corporation's profits and assets.