_____ Satisfies the Self-Actualization Needs

question 78

Multiple Choice

_____ satisfies the self-actualization needs.

• A) Praise and recognition from boss
• B) Participation in decision making
• C) Safe working conditions
• D) Promotion to higher status job
• E) Pleasant supervisor

Learn the principles governing the ratification of contracts by principals.

Analyze the impact of agents acting outside their authority or without disclosure.

Grasp the definition and significance of the marketing concept in achieving organizational goals while satisfying consumer needs.

Understand the history and evolution of marketing practices in American business from production-focused to customer-centric eras.

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Definitions:

Pigovian Tax

A tax or charge levied on the production of a product that generates negative externalities. If set correctly, the tax will precisely offset the overallocation (overproduction) generated by the negative externality.

Clean Up

The process of removing contaminants, waste, or undesirable items from an area, thus restoring it to its original or acceptable condition.

Moral Hazard

The situation where one party takes on risk because they know that another party will bear the consequences.

Adverse Selection

A situation in insurance and markets where higher-risk individuals are more likely to select and use insurance or services, potentially leading to market inefficiencies.